MEDIA INFORMATION - For Immediate Release
Company Expands in Sweden and Romania, now covers 11 Countries
Amsterdam, the Netherlands (16 December, 1996) - EUnet
International, Europe's leading provider of Internet services, today announced
its expansion through the establishment of EUnet Sweden a newly formed
operation, and the acquisition of EUnet Romania, the first ever to provide
commercial Internet services in Romania and the market leader in that country.
Both companies have become wholly-owned subsidiaries of EUnet International.
This brings the total number of companies owned by EUnet International to 11.
EUnet's total coverage now spans 41 countries in Europe and beyond, delivered
via a unique, owned and managed pan-European backbone network.
"When we established EUnet International in April 1996, it was our stated aim
to expand the company's size and influence through mergers, acquisitions and
start-ups," explained Wim Vink, EUnet International's managing director. "With
this first step we have delivered on this promise. And this is only the first
of a number of significant steps which we have planned into 1997. Our long
term aim is to be a leading provider of Internet business solutions in major
international markets."
EUnet Sweden is a new company which will offer the full range of EUnet services
to businesses in Sweden (please refer to accompanying notes for details).
EUnet Sweden will take over the management of the existing infrastructure in
Sweden from EUnet Norway. The company has an aggressive business plan which
predicts rapid revenue growth of the company, serving an estimated 1,000
clients by the end of 1997. The company will initially operate one major POP
in Stockholm and plans to increase national coverage with further POPs during
1997/8.
Established in 1993, EUnet Romania remains the market leader in that countryand
derives all of its revenues solely from the provision of Internet solutions.
The company currently has several hundred users, mostly corporations, and
operates one principal POP in Bucharest, one POP in Craiova and will shortly
open 2 more POPs in Constanta and Brasov. Further POPs will be added in the
coming 12 months, covering all major cities in Romania.
EUnet has also expanded its sphere of influence by offering services in new
territories. For example, the EUnetTraveller service is now available in 23
countries in Europe and coverage has recently been extended to include the
United States. Coverage will further advance with plans to offer services in
South Africa, Latin America, Australia, Japan and Hong Kong, starting in 1997.
Such extensions will take EUnet to its goal of providing top quality Internet
solutions to businesses locally, nationally and globally.
The company has already attracted significant inward investment, with Advent
International committing ECU 10 million in 1996. Further investment will be
generated by an Initial Public Offering (IPO) on the NASDAQ stock exchange in
1997.
About EUnet
EUnet is Europe's leading commercial Internet Service Provider, offering the
full range of Internet Services, with current geographical coverage of 41
countries. EUnet, which manages its own dedicated network infrastructure, also
offers full local support services in each country of operation. Outside Europe
EUnet has developed an expanding network of national and regional service
providers, with the aim of continually extending the services it offers to
customers world-wide.
The full list of EUnet International companies is as follows:
- EUnet Austria
- EUnet Belgium
- EUnet Czech Republic
- EUnet Finland
- EUnet France
- EUnet Luxembourg
- EUnet Norway
- EUnet Portugal
- EUnet Romania
- EUnet Sweden
- EUnet Switzerland
Further members of the EUnet group are expected to join EUnet International in
the near future.
EUnet's Service Profile
EUnet's service comprise two major groups, connectivity services and
value-added services.
The exciting range of value added Internet services offered or planned by EUnet
includes:
- EUnetTraveller: A service designed for the business traveller
on the move. With a single EUnetTraveller account, users can access all the
services of the Internet wherever they travel in Europe and the USA.
EUnetTraveller can be used has over 267 points of presence in 24 countries, so
normally the nearest EUnetTraveller POP is just a local telephone call away.
The only requirements are an EUnetTraveller account, a portable computer with a
modem and access to a telephone line.
- Fax: A new service option that allows individuals or companies
with high fax transmission usage to make up to 30% savings on their fax bills.
This service is due for launch in early 1997.
- Web-Store-Front: A consultancy service that provides a
complete package of products and solutions to enable companies of all sizes to
transform their business objectives into successful solutions on the Worldwide
Web. The service ranges from analysis of business needs, through planning and
development, the use of new technologies (Java, ActiveX, electronic commerce,
voice, video, etc.), hosting and training.
The portfolio of connectivity services includes:
- PersonalEUnet: A full Internet service connection for
single-users, provided via dial-up modem or ISDN connections. It provides a
low cost entry level dial up access.
- DialEUnet: A DialEUnet account allows large numbers of
individual users to access the Internet, with the connectivity service being
provided via ISDN or a dial-up modem connection.
- InterEUnet: Provides a permanent dedicated connection to the
full range of Internet services. Allows large numbers of users to access the
Internet concurrently via a leased line. This service also gives the highest
level of functionality and the ability for customers to connect their own
server machine(s).
- EUnetMail & News: EUnet's email service, available via the
connectivity services listed above, allows users to send and receive messages,
exchange data (text, pictures or voice) to all other network users. Internet
Network News allows users to join special or general interest discussion groups
and exchange views and information with millions of others around the world.
For further press information, please contact:
Graham Wilson
Marketing Manager
EUnet International B.V.
Tel: +31 20 530 5333
e-mail: mediaEU.net
http://www.EU.net