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Berlin 15 February 2001 - CityReach International (CRI), the pan-European
provider of infrastructure and managed services for the Business Internet,
today announced the opening of its first German site in Berlin, Spandau.
The 11,000 sq meters facility is well placed for the new generation of
Systems Integrators (SIs), Internet Service Providers (ISPs), Application
Service Providers (ASPs) and web hosters operating in Germany who wish to
enable their corporate customers' e-business initiatives. This is the
sixth facility that CityReach has officially opened in Europe following
the launches of secure Internet facilities in Amsterdam, London, Dublin,
Budapest and Stockholm.

As Dr. Sanjaya Addanki, CEO of CityReach International explains, "Berlin
and Germany are rapidly growing as an e-business hub for Europe. The
establishment of our facility here consolidates our strategy and plan of
setting the standard in the next generation of infrastructure and managed
services."

Dr. Addanki, who joined CityReach from IBM, where he was Vice President
responsible for IBM's e-Hosting services in Europe, Middle East, and
Africa, continues, "18 months ago the Internet was pretty much a consumer
affair. We talked about how many boxes of chocolate and bouquets of
flowers were sold on the Internet. Looking forward, the bulk of the spend
on Internet related projects is going to come from large and medium
corporates moving their business applications to the web - these would
include supply chain management; enterprise resource planning; customer
relationship management; e-market places and e-procurement. It is these
core businesses moving onto the web that drive the need for a solid
foundation for the Business Internet."

The CityReach Berlin operation will provide the security, reliability,
manageability and scalability found in in-house data centres to the new
generation of SIs, ASPs and web hosters that service the major corporates.

Unlike traditional carrier hotels, co-location and application hosting
providers which offer little more than 'rack-based real estate' are
designed to serve the IP environment with its high tolerance of failure.
CityReach is rooted in the mission-critical, zero tolerance, corporate IT
culture. The Berlin site, as the other facilities within the CityReach
pan-European network offers value through comprehensive and guaranteed
managed services in addition to a highly secure and reliable environment.

About CityReach International

Headquartered in London, with offices across Europe and the U.S.,
CityReach International (CRI) is setting the standard for the
infrastructure and managed services that form the foundation for the
Business Internet. The company is building a pan-European managed
infrastructure platform with seven high-quality, secure data centres
operational in February 2001. The CityReach International team has
unrivalled industry experience in the areas of secure, reliable data
centres, corporate application development environments, customer care and
service delivery. The company is investing over $350m in its products and
services deployment plan with backing from leading venture capitalists
including Battery Ventures, Chase Capital Partners, M/C Venture Partners,
Investcorp, Morgan Grenfell Private Equity and Vulcan Ventures.

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