FT Nominates Carrier1 for IPO Management Award


ZURICH/FRANKFURT, Germany, June 1, 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, has been nominated amongst 280 companies by the FTD Financial Times Deutschland and the Monitor Group for the IPO Management Award.

Twenty-five companies were chosen as finalists for successfully completed IPOs. The awards were grouped in five categories: Best Overall IPO-Management, Best Newcomer, Best Equity Story, Best Corporate Governance and Best Investor Relations. The awards were presented on of May 31, 2001 in the Frankfurt Museum of Arts "Schirn."

Carrier1 has been nominated in the categories of "Best Equity Story" and "Best Investor Relations". The selection criteria for the "Best Equity Story" are the quality and presentation of its business plan at the time of the IPO and the pursuit since the time of the IPO of its business plan objectives.

The competition was sponsored by Allianz Insurance, Capiton, FP Morgan and Deutsche Boerse AG.

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.



            

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