DGAP-News

Northern Data reports successful first half-year and confirms forecast - Seite 2

The second half of the year will also see the construction of a Distributed Computing Cluster, which, based on graphics processing units (GPUs), will also perform HPC services for customers in areas such as artificial intelligence, deep learning or rendering that go beyond Bitcoin mining. Furthermore, the Company is continuing to expand its group structure with the ongoing acquisition of the Canadian data center specialist Kelvin Emtech Group in the second half of the year.

Northern Data AG's half-year report 2020 is available for download (German version; English version to follow soon) https://northerndata.de/ir/.


About Northern Data:
Northern Data AG develops and operates global infrastructure solutions in the field of high performance computing (HPC). With its customer-specific solutions, the company provides the infrastructure for various HPC applications in areas such as bitcoin mining, artificial intelligence, blockchain, big data analytics, IoT or rendering. The internationally active company was formed from the merger of the German company Northern Bitcoin AG and the American company Whinstone US, Inc. and is today a leading provider of HPC solutions worldwide. Northern Data offers its HPC solutions both in large, stationary data centers and in mobile high-tech data centers that can be set up at any location worldwide. The company combines self-developed software and hardware with intelligent concepts for a sustainable energy supply. Together with its subsidiary Whinstone US, Northern Data AG currently employs around 120 people.

Press Contact:
Northern Data AG
Dr. Hans Joachim Dürr
Head of Corporate Communications
Thurn-und-Taxis-Platz 6
60313 Frankfurt
E-Mail: [e-mail]
Telefon: [phone]

Investor Relations:
Sven Pauly
E-Mail: [e-mail]
Telefon: [phone]


Disclaimer:
This press release does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities of Northern Data AG and does not constitute a prospectus of Northern Data AG. The information contained in this press release is not intended to form the basis of any financial, legal, tax or other business decision. Investment or other decisions should not be made solely on the basis of this press release. As with all business and investment matters, please consult qualified professional advice.