Hydro66 and maincubes Sign Partnership for European Hyperscale and HPC Coverage

New alliance creates Frankfurt Amsterdam Stockholm Boden (FAST-B) data center network and brings hyperscale economics to global audience.

Boden, Sweden--(Newsfile Corp. - March 11, 2020) - Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company") is delighted to announce a new partnership with maincubes, a data center operator located in Germany and the Netherlands. Hydro66, the ultra-low emissions colocation and cloud infrastructure provider, and maincubes, the colocation data center operator with facilities in Frankfurt and Amsterdam, have agreed to partner in delivering next generation architecture for corporate customers including joint marketing of products and services.

This new combined approach will empower Enterprise clients to optimise their applications and data into latency-sensitivity tiers. Apps or data requiring close-proximity infrastructure can be hosted in Frankfurt or Amsterdam and the remainder can be hosted at Hydro66's Boden's facility where costs are significantly lower. This will result in better overall pricing for clients and create a competitive advantage for both companies.

David Rowe, CEO of H66 said, "maincubes and Hydro66 make a great combination in addressing the twin needs of hyperlocal and hyperscale requirements. Customers are also looking for solutions to the dual challenges of data scaling and environmental responsibilities. maincubes are leaders in their field of low latency high performing facilities in Frankfurt, including the new carbon neutral facility (FR2), and Amsterdam whilst Hydro66 the gold standard for ultra-low carbon emissions hyperscale facilities. Meanwhile, customer data is fully protected by EU data sovereignty."

Oliver Menzel, CEO of maincubes, said, "We know from our customers in Germany that the next wave of applications and requirements are set to dwarf the current ones with the rise of Artificial Intelligence/ Machine Learning and the digitization of industries. For example, demand is rising in the automotive and IoT sectors for super-efficient, low cost, low latency compute. Combining this with hyperscale HPC workloads and storage with the highest standards of environmental protection and respecting data sovereignty is exactly why we look forward to working with H66 in driving the next wave of innovation in the sector."

FOR MORE INFORMATION, PLEASE CONTACT:

Paul Morrison
Chief Commercial Officer, Hydro66
paul.morrison@hydro66.com

Jason Atkinson
Director, Corporate Development
jason.atkinson@hydro66.com

About maincubes

maincubes is part of German investor and real estate developer Art-Invest which is part of the German construction conglomerate Zech Group. maincubes has data centers in Frankfurt and Amsterdam, and a network of high-availability data centers of various sizes and types in Europe, enabling it to provide colocation services and secure ecosystems for the digital future of customers across various industries. Via the secureexchange® digital platform customers and partners of maincubes can use IT services worldwide such as IoT, (cyber) security and connectivity as well as cloud services to expand their business opportunities. maincubes offers secure, efficient and user-friendly services - and a secure home for your data.

To learn more about maincubes, visit www.maincubes.com

Media contact
Antje Tauchmann, Head of Marketing
maincubes one GmbH
Bockenheimer Anlage 15
D-60322 Frankfurt am Main
www.maincubes.com
t: +49 (69) 6976810-39
e: presse@maincubes.com

About Hydro66
Hydro66 owns and operates an award-winning colocation data center in Sweden specializing in High Performance Computing ("HPC") hosting. The Company hosts third party IT infrastructure, utilizing 100% green power, at amongst the EU's lowest power prices and within an ISO27001 accredited facility.

Hydro66 is uniquely positioned to capitalize on opportunities in blockchain infrastructure as well as the traditional Enterprise colocation data center market. The Company provides truly green power at a leading price, purpose-built space and cooling, telecoms, IT support services and 24/7 physical security in their facility in Boden, Sweden. www.hydro66.com

Forward-Looking Information
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Certain material assumptions regarding such forward-looking statements may be discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at www.sedar.com. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/53316

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