bolero.net select IXEurope's flagship Heathrow datacentre for premier colocation facilities.

M2 PRESSWIRE-27 February 2002-IXEUROPE: bolero.net select IXEurope's flagship Heathrow datacentre for premier colocation facilities (C)1994-2002 M2 COMMUNICATIONS LTD

RDATE:27022002

IXEurope, the pan-European provider of mission critical infrastructure and colocation facilities, today announces that bolero.net, the emerging standard for online international trade, is to colocate in its flagship Heathrow IXDataCentreTM. From its Heathrow Superhub, which consists of 73,000 sq ft of Class 1 hosting space, IXEurope will provide bolero.net with colocation and bandwidth services.

bolero.net's client base includes several of the world's top banks and major trading houses. Deciding factors for bolero.net's choice of IXEurope as its colocation provider included its multi-carrier connectivity, competitive pricing, quality assurance and competence in service delivery. Outsourcing the running of mission critical infrastructure through colocation with IXEurope will allow bolero.net to focus on its core competencies whilst guaranteeing 365/24/7 service delivery to its global client base. Within the colocation sector, IXEurope is the sole neutral colocation provider to have ISO9002 accreditation and its SLA agreement is an industry leader.

In addition to this by colocating with IXEurope, bolero.net can also benefit from the opportunities provided by the IXExchange programme - a regular networking forum through which clients can network and pursue business opportunities from within the IXDatacentres(tm). Clients of IXEurope now include Hewlett Packard, Rackspace, NCMX, France Telecom, Nikon and Cable & Wireless.

Commenting on bolero.net's decision to colocate with IXEurope, Russell Poole, UK General Manager, said "We are delighted to be working with bolero.net and providing it with the quality assured services that it needs as it continues to grow. The colocation proposition offered by IXEurope provides a new departure in outsourcing whereby the customer retains control but obtains a new degree of flexibility that brings many competitive advantages in the current economic climate."

Peter Scott, commercial director of bolero.net, added "Colocating with IXEurope provides us with a flexible outsourcing option which also allows us to focus on our core competencies and obtain a significant cost advantage."

About IXEurope

IXEurope provides Internet infrastructure, neutral colocation and facilities management services to corporate, Internet and telecoms organisations, allowing them speedier access to market and the freedom to focus on their core business. IXDatacentres are present across Europe in all major business centres, including London, Paris, Frankfurt, Zurich, Nice, Dusseldorf, Milan and Barcelona. IXEurope is an ISO9002 Quality Certified Company and a founding member of the Colocation and Hosting Association.

IXEurope's funders include Bank of America, JPMorgan and European Acquisition Capital. For more information please visit the website at www.ixeurope.com .

About bolero.net

Launched in September 1999 by the world's logistics community represented by the TT (through transport) club and the world's financial community represented by the international banking cooperative SWIFT, bolero.net allows the parties in an international trade transaction to exchange contractual, settlement and fulfillment data online in a secure environment which is underpinned by a unique legal infrastructure.

Most of the world's major banks (including ABN Amro, HSBC, JP Morgan Chase, SocGen and BNP) and container shipping lines (including Cosco, Evergreen and K Line) as well as many major multinationals such as Samsung, Hitachi, Otto Versand and Mitsui have signed up to the system. In December 2000, bolero.net raised $50 million in first round venture capital funding.

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