Latest Announcement from GV:-

EUNETWORKS LAUNCHES HIGH PERFORMANCE FIBER NETWORK IN
HAMBURG

Hamburg/Frankfurt, 18 June 2007 - euNetworks (SGX: H23.SI), owner and operator of one of Europe?s highest capacity fiber networks, is today launching its fiber network in Hamburg. The hanseatic city will be linked to a pan-European network with connections between Germany, the Netherlands, the United Kingdom, France and Belgium. euNetworks? long-haul network is 6611 kilometers long and connects 40 cities, including city networks for the ?last mile? in 15 European centers: Frankfurt a.M., Munich, Berlin, Stuttgart, Hanover, Hamburg, Düsseldorf, Cologne, Paris, Amsterdam, Rotterdam, The Hague, Utrecht, London and Dublin.

?Hamburg is one of the most dynamic economic centers in Europe. The city is characterized by modern services, industrial production and traditional commerce. Many global companies and institutions are based here. We are delighted to be able to offer a high capacity, highly available, cross-national all-fiber communications solution to these businesses,? says CTO Albrecht W. Kraas. euNetworks has established a team comprising sales, pre-sales and operations to support business clients in the Hamburg region. To celebrate the launch of the Hamburg network euNetworks is sponsoring two events during ?Kieler Woche? (16 - 24 June 2007), an International Sailing event, where euNetworks and Mobile IT Services will invite Managing Directors and IT Executives from Northern Germany to join them for entertainment and refreshments on board a sailing boat.

Highspeed connections from city to city and for the ?last mile? as opposed to major telecommunications companies such as Deutsche Telekom, which target primarily the consumer market, euNetworks offers its fiber networks exclusively to companies and institutions, network operators and service providers.

The high speed connections are not only made available between cities, but also within the urban areas. euNetworks? metropolitan networks in 15 of Europe?s leading cities have more than one million fiber kilometers at their disposal and provide ?last mile? fiber connections linking major business and industrial parks, educational institutions, financial and government districts as well as internet exchanges.

Unlimited bandwidth at a flat rate

euNetworks leases or sells secure, unmetered fiber optic connections and is therefore able to provide virtually unlimited bandwidth at a flat rate. ?As opposed to the traditional industry approach, where connections are priced according to bandwidth, we offer a dedicated infrastructure to our customers on which any protocols, volumes of data and applications can be used,? explains Kraas. Clients can choose their fiber ?dark? or ?managed?. The network solution team has extensive experience with Ethernet solutions or customized solutions as well as IPservices (IP Transit, IPVPN, FCIP). Every customer solution is designed with 100 % failsafe redundancy and is monitored 24/7 by a Network Operating Center located in Franfurt/Main. The offering is complemented by a set of ?Managed Services? including hosting (co-location, applications), storage (backup/restore, replication) and security (firewalls, IPS, IDS) provided by data centers in Amsterdam, Dublin and Frankfurt.

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