Press archive 2009

London, UNITED KINGDOM – 24 November 2009 - euNetworks Group Limited (SGX: H23.SI), Europe’s foremost provider of mission-critical, high-performance networking solutions, has announced the availability of their high performance Ethernet based solution, euTrade, to customers at NASDAQ OMX Europe (NEURO). The addition of the euTrade solution, which offers ultra-low latency and high availability connectivity to Europe’s financial community, will provide NEURO customers with an additional choice of best-of-breed networks.

NEURO is a multilateral trading facility that enables best execution in high volume securities trading in a cross-border, multi-market environment. euTrade contributes towards demonstrating best execution due to its guaranteed ultra-high performance.

(for the full story please download the PDF below)

• Secured record €17m in new contracts for Q309

London, United Kingdom - 12 November 2009 - euNetworks Group Limited, (SGX: H23.SI), a provider of mission-critical, high-performance networking solutions in Europe, reports a 26% rise in revenue for the nine months ended 30 September 2009 (“9M09”) to €21.7 million, from €17.2 million reported in the corresponding period a year ago (“9M08”). In line with the Group’s efforts at improving its operational efficiencies, gross margin also improved from 42% in 9M08, to 44% in 9M09.

(for the full story please download the PDF below)

London, United Kingdom, 14 August 2009 - euNetworks Group Limited, (SGX: H23.SI), a foremost provider of mission-critical, high-performance networking solutions in Europe, has reported a 32% improvement in revenue to €14.3 million for the six months ended 30 June 2009 (“1H09”), compared to €10.8 million achieved in the same period a year ago (“1H08”). Driving this growth in revenue was the signing of 93 new recurring revenue contracts worth over €9 million, together with the addition of 24 new customer contracts, the bulk of these coming from the financial services and trading sectors.

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• Significant new contract win for euNetworks
• Bespoke, ultra-low latency network connectivity solution for MarketPrizm
• Flexibility and fully managed connectivity
• euNetworks powers one-stop platform for electronic trading

London, United Kingdom – 14 August, 2009 – euNetworks (SGX: H23.SI), provider of Pan-European, mission-critical, high-performance networking solutions, today announced it will provide the low latency connectivity infrastructure to power a new high-speed network and services platform for Chi-Tech’s MarketPrizm business.

MarketPrizm is a European trading ecosystem designed to address the challenges companies in the financial markets face in deploying and maintaining a flexible, state-of-the-art architecture for all kinds of electronic trading.

(for the full story please download the PDF below)

London, United Kingdom – August 4, 2009 – euNetworks (SGX: H23.SI), provider of Pan-European, mission-critical, high-performance networking solutions, today announced a number of executive appointments to further support the company’s growth and drive the next phase of euNetworks’ development.

• Uwe Nickl appointed as Chief Marketing Officer
• Richard Taylor appointed as General Counsel
• Claire Leake appointed as Vice President of Human Resources

(for the full story please download the PDF below)

London, UNITED KINGDOM – June 18, 2009 - euNetworks Group Limited (SGX: H23.SI), Europe’s foremost provider of mission-critical, high-performance networking solutions, has announced the availability of their new euTrade service to customers in Equinix’s Amsterdam (AM1), Frankfurt (FR2), London (LD4) and Paris (PA2) International Business Exchange™ (IBX®) datacentres. Equinix, Inc. (Nasdaq: EQIX) is a provider of global datacentre services. The addition of the euTrade service, which offers specialist ultra-low latency, high availability connectivity to Europe’s financial community, will provide Equinix customers with an additional choice of best-of-breed networks.

(for the full story please download the PDF below)

London, United Kingdom, 2nd June 2009 – euNetworks Group Limited, (SGX: H23.SI), one of Europe’s foremost providers of high-performance on-demand networking services, today announced its connectivity to Turquoise, the independent pan-European equity trading platform. Connectivity is provided under the euTrade brand.

euNetworks delivers on-demand connectivity between major stock exchanges, alternative trading systems / venues and clearing houses in 15 of Europe’s leading cities. Its high performance, all-optical fibre network is built to deliver ultra-low latency and guaranteed high availability – ideally suited to MTFs’ (multilateral trading facilities) mission critical trading applications. The euNetworks euTrade product is Ethernet based and fully transparent, eliminating issues with protocols or large frames being blocked, and its modern fibre avoids long, slow routes with service disruption.

(for the full story please download the PDF below)

• Continued strong growth in revenue, long-term contracts and EBIDTA profitability

Singapore, 14th May, 2009 – euNetworks Group Limited, (SGX:H23.SI) foremost provider of mission-critical, high-performance networking solutions, announced exceptionally strong growth in recurring revenues, improved EBIDTA and significant business events.

Noel Meaney, Executive Chairman, commented: “The first quarter of 2009, and since, has become a major watershed for euNetworks. We have achieved a number of significant milestones which transformed the Company to a robust, financially lean organisation with a solid shareholder base and new key management. Allied to this we have increased revenues by 42% in a somewhat difficult economic climate, and furthermore improved significantly our EBIDTA position to breakeven”.

(for the full story please download the PDF below)

The following is an extract from an article that appeared in the The Edge, Singapore during the week of 4 May 2009.

Brady Rafuse blogs, Twitters and has a Facebook account. Among his most recent blog posts is a list of the 10 top-ranked CEOs of publicly traded technology companies. The list includes names like Reed Hastings of Netflix and Steve Jobs from Apple.

Those little tidbits about the 45-year old Rafuse may seem insignificant, but they provide a glimpse into the mindset of the man who has just been made CEO of fibre-networks company euNetworks, and suggest that he could be the right man for the job.

(for the full story please download the PDF below)

• Noel Meaney, founder and CEO since 2002, announced he intends to concentrate on his role as Executive Chairman
• Brady Rafuse is appointed as CEO designate

Singapore – 27 March 2009 – euNetworks, (SGX: H23.SI), one of Europe’s foremost providers of mission-critical, high-performance networking solutions, today announced a number of executive appointments to further accelerate the company’s growth and drive the next phase of euNetwork’s development.

(for the full story please download the PDF below)