ZURICH, Germany, May 29, 2001 (PRIMEZONE) -- Carrier 1 (Neuer Markt:CJN) (Nasdaq:CONE), a leading European provider of end-to-end Internet, voice, bandwidth, data center and access solutions to large users of communication services, today announced the appointment of Maurice Kaoua as its Managing Director for France.
Kaoua has a Degree of 'Bachelor of Science' and a Post-Graduate-Degree in Economy and Telecommunication Management. He has held executive positions at France Telecom, AT&T France and Interoute Communication France.
Since January 2000, Kaoua was Sales Director - Western Europe at KPNQwest. He was in charge of the wholesale portfolio for France, Great Britain, Spain, Portugal and Italy.
Carrier1 France was established in October 1998, six months after the start of Carrier1. The French office employs a staff of 15, nearly all of whom are based in Paris. The carrier (prefix "1691") has already built significant architecture in France, including 6 POPs (Paris, Lyon, Marseilles, Strasbourg, Toulouse and Lille). Eight others are planned. A Paris-based metropolitan ring enables Carrier1 to get closer to the highest points of concentration of its important customers. Four hosting centers are located on the French territory.
About Carrier1
Carrier1 International S.A. is one of Europe's top providers of large system solutions for end-to-end Internet, broadband, voice, data-center and dialup access communications to large users of telecommunications services with a network that spans 14,000 contracted route kilometers in 13 countries, and links 35 European cities. Carrier1 provides its clients with carrier-grade transport and network solutions as well as end-user-ready, value-added services that customers then brand and market to their respective users. Forward Looking Statement:
The information contained in this press release contains "forward-looking" statements within the meaning of the U.S. federal securities laws. These statements include those regarding the roll-out of our infrastructure in France. These statements are based on the current expectations of the management of Carrier1 and performance is subject to risks, uncertainties and other factors that could cause actual results to differ materially from these statements. Such risks include but are not limited to, the deterioration of the market economy, including in Europe and the technology and telecommunications segments; the deterioration of the financial strength of our customer base, adverse regulatory, technological, judicial or competitive developments; decline in Carrier1 services or products; inability to timely develop and introduce new technologies, products and services; pressure on pricing resulting from competition; unforeseen construction delays and failure to receive on a timely basis necessary permits or other governmental approvals; failure to obtain any necessary financing if management's business plan assumptions are not met; performance failure by third parties with whom Carrier1 has contracted, including for the supply or maintenance of infrastructure components and by joint venture partners; the risk of termination of certain joint ventures through which Carrier1 operates; the amount of indebtedness incurred by Carrier1 and its obligations thereunder.
For a more detailed discussion of these risks, uncertainties and other factors affecting the Company, please refer to the Company's prospectus and periodic reports filed with the U.S. Securities and Exchange Commission on Form 10-K, 10-Q and 8-K, including its 10-K for the year ended 31 December 2000. Corresponding filings are available at the Frankfurt Stock Exchange.