Boden, Sweden, February 25, 2019 – Hydro66 is pleased to release the following update from Anne Graf, CEO.

“There is a Spanish saying ‘mi casa, su casa’, meaning literally ‘my house is your house’. It’s an invitation to make oneself at home, of sharing. This captures well how we invite our customers to feel when they entrust us with their data, servers and storage here at Hydro66. We want our customers to feel at home, their second home, as they continue the digital transformation journey from on-premise solutions to hybrid cloud.

Hydro66 was born from the belief that both Enterprise and cryptocurrency infrastructure would require data center capacity delivered sustainably and at low cost. This motivation led to the creation of a highly innovative Nordic data center being designed, built and operated in Sweden. This has been conceived and executed by our own expert team who have substantial experience in the Enterprise data center sector. From that start, we exist to provide all companies with the best foundation for their data, empowering both innovation and transformation, while playing our part in preserving the planet.

FOCUSING ON ENTERPRISE COLOCATION

It is no secret that cryptocurrency and the associated infrastructure is cyclical. We are more than 12 months into this cycle, which is currently stabilised with low volatility. Although there is cause for near to mid-term optimism, both from Bitcoin fundamentals and historic cyclical patterns, it has given Hydro66 management an opportunity to focus on our other core market – Enterprise colocation data center services.

It is also not a secret that the data supply chain for most Enterprise companies continues to grow in scale, complexity and velocity. On-premises solutions are rapidly being superseded by public cloud and outsourced services. And yet not all core applications are possible or desirable to offload in these ways. This is where colocation comes into its own. The cost advantages, scale up speed, and technical reliability of a large data center are not easy to replicate, yet you need to retain control over the hardware/software stack.

With this in mind, we have decided to implement a planned programme of existing Enterprise customer success to ensure our customers (and their customers) feel at home with us – that they are being taken care of in the best way possible. We strive to know what our customers need before they do. Operational excellence means exceptional pre-sales support to existing data center customers and outstanding customer service – hallmarks of truly sustainable and long-lived businesses.

I believe current customer success is a core part of attracting new customers and building the business. Therefore, I am also pleased to announce an outreach to attract the next wave of innovative companies who share our ethical IT belief that data compute and data storage must be financially and environmentally sustainable.

Our customers are those who believe what we believe – “move data to power”. We will continue to clearly explain this and, equally important, to answer the critical “so what” question: “How will Hydro66 help solve my business challenges?” Whether those challenges are being faced by local Systems Integrators or international cloud providers, we are ready to help. Our System Integrator and hosting partners locally and nationally are extremely important to us. We are constantly working on new ideas and new ways to support their business model. I invite you to contact Hydro66 if you want to understand more about high quality data center services.

Naturally, all of this is complementary to our desire to remain poised and ready for the keenly anticipated cryptocurrency recovery. We are committed to keep multi-MW capability open for business and to continue our support for our existing blockchain infrastructure clients at this time.

As a footnote, it’s pleasing to see our core founding principles of green data-hosting at hyperscale has not gone unnoticed by the wider market. We have noted a very healthy global appetite for Nordic data center assets that have come on the market recently. Hydro66 have led international investment in Nordic data centers and we are delighted to note this mainstream market approval.

I invite you to follow us by email or on any of Facebook, Twitter, Instagram and LinkedIn to keep up to date with our progress and successes. I’d like to thank you for your continued support of Hydro66 – we have made many friends on this journey and we look forward to making many more through 2019 and into 2020.

With sincere best wishes,”

Anne Graf, CEO

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 ISO:27001 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 policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release.