ChinaCache International Holdings Ltd. ("ChinaCache" or the "Company") (Nasdaq: CCIH), the leading total solutions provider of Internet content and application delivery services in China, today announced that it entered into a strategic agreement (“Agreement”) with AMS-IX (Amsterdam Internet Exchange), a Netherlands-based independent Internet Exchange, to develop the first Internet Exchange in Mainland China.
The Internet Exchange branded “CHN-IX” is expected to be built, owned and managed by ChinaCache to serve internet content providers (ICPs) and internet service providers (ISPs) in China with effective interconnect and peering services. Pursuant to the Agreement, AMS-IX will give consultancy on platform design, and will provide a proven infrastructure management and customer portal software. The partnership is exclusive and aimed at ensuring a world-class service to the customers of CHN-IX.
The company plans to establish CHN-IX at the ChinaCache Atecsys Data Center located within the Shunyi tax free zone near Beijing Capital international airport initially, to be followed by a node in Zhongguancun, Haidian District of Beijing, and with a plan to potentially expand into additional locations. Atecsys is the largest cloud computing data center campus in Beijing and offers over 80,000 square meters of customer space. Zhongguancun is known as “China’s Silicon Valley”, center of advanced technology and emerging industries. CHN-IX is expected to start serving customers in the fourth quarter of 2015.
“AMS-IX is the largest Internet Exchange in the world in terms of the number of parties connected, and we are very pleased to leverage their knowledge and expertise to build the first professional Internet Exchange in Mainland China,” said Song Wang, founder, Chairman and CEO of ChinaCache. “Their involvement in combination with our state-of-the-art facility will enable CHN-IX to provide our customers with a high-quality interconnection service from day one. CHN-IX also underscores our dedication to support the government’s Mass Entrepreneurship and Innovation, One Belt, One Road initiative, while improving connectivity and collaboration.”
“With China’s ever increasing volumes of internet traffic, this initiative will support the more efficient delivery of content to end-users within China”, said Job Witteman, CEO and co-founder of AMS-IX. “We are very proud to support the development of one of the first Internet Exchanges in China using our expertise in running world-class interconnection platforms. This partnership with ChinaCache further underlines the growing collaboration between the Netherlands and China.”
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. ChinaCache may also make written or oral forward-looking statements in its reports filed or furnished to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statements, including but not limited to the following: the Company's goals and strategies, expansion plans, the expected growth of the content and application delivery services market, the Company's expectations regarding keeping and strengthening its relationships with its customers, and the general economic and business conditions in the regions where the Company provides its solutions and services. Further information regarding these and other risks is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and ChinaCache undertakes no duty to update such information, except as required under applicable law.