DGAP-Ad hoc: Cybernet Internet Svcs. <CYN> english - 500 Beiträge pro Seite
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DGAP-Ad hoc: Cybernet Internet Svcs. Cybernet AG signs Option Agreement with Telehouse GmbH Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Cybernet AG signs Option Agreement with Telehouse GmbH for the Sale of the Data Center infrastructure Part of Cybernet&acut;s strategy is to focus on the high end data center services market. The ownership of data center infrastructure is not a core part of this strategy and requires a substantial amount of capital. In order to free up capital committed to the data centers which it currently owns, and to provide short and intermediate term working capital, Cybernet has granted an option to Telehouse GmbH, to buy Cybernet&acut;s existing data centers located in Munich, Frankfurt and Hamburg for a purchase price of approximately Euro 30 million. Telehouse currently leases these Data Centers from Cybernet. The option is exercisable on or before March 31, 2002. In exchange for the option Telehouse paid Cybernet a total of Euro 1,300,000, most of which will be applied to the purchase price if the option is exercised. If the option is not exercised and the data centers are not purchased by Telehouse, the option payment will be treated as a prepayment of Telehouse&acut;s obligations under the current lease. Cybernet will continue to work closely with Telehouse GmbH. Telehouse will focus on the management of data centers as well as the provision of co-location services, and Cybernet will focus on high end web server management and outsourcing services. end of ad-hoc-announcement (c)DGAP 31.01.2002 -------------------------------------------------------------------------------- WKN: 906623; ISIN: US2325031027; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart; New York im Nasdaq-Handel (over the Counter)
Autor: DGAP import (),08:00 31.01.2002
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