Hydro66 Teams up with Cudo in H66cloud Partnership

Hydro66 Major Expansion in H66Cloud platform with Cudo

Boden, Sweden--(Newsfile Corp. - September 1, 2020) -  Hydro66 Holdings Corp. (CSE: SIX) (OTCQB: HYHDF) ("Hydro66" or the "Company"), the green cloud infrastructure company, today announce a framework agreement has been signed with UK-based Cudo, to deliver high-performance cloud infrastructure.

David Rowe, CEO of Hydro66 says, "We are delighted to secure Cudo (www.cudoventures.com) as a customer for our high performance cloud service. We are seeing fast growth in our cloud platform and expect that the Cudo partnership will further accelerate this growth as well as bringing significant collaborative benefits over time."

Matt Hawkins, CEO of Cudo says, "Hydro66 are a great partner for us; we share a mutual vision to deploy compute power at scale, whilst removing the environmental impact associated with distributed network models. Their attention to the detail of what it means to be truly sustainable with clean renewable power and a smart hyper-efficient design means that our customers benefit from an ultra-low emissions environment for their processing power, enhanced by one of the world's greenest distributed networks, the Cudo ecosystem. That's good news for our customers and great news for the planet."

About Hydro66

Located in Boden, Sweden, Hydro66 have created one of the world's greenest and most power-efficient cloud infrastructures for Enterprise and High Performance compute.

Born in Boden, CO2 not included.

About Cudo

Cudo delivers key monetization platforms to users in over 140 countries, providing automated value that is reliable and optimized to every user and organization according to their needs. Cudo is a collaborative consumption network ecosystem, which provides low-cost, high-performance solutions for compute-hungry applications such as A.I., machine learning, blockchain applications and rendering.

FOR MORE INFORMATION, PLEASE CONTACT:

Paul Morrison
Chief Commercial Officer, Hydro66
paul.morrison@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/62894

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