CITYREACH INTERNATIONAL DELIVERS FOUNDATION FOR THE BUSINESS INTERNET WITH OPENING OF FIRST GERMAN LOCATION IN BERLIN SPANDAU Thursday 15 February 2001 PDF Print 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. This press release was distributed by ResponseSource Press Release Wire on behalf of Pleon in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.