DJ 2CRSi SA: 2CRSi signs a significant first contract with one of the world's leading banking groups.
2CRSi SA
2CRSi SA: 2CRSi signs a significant first contract with one of the world's leading banking groups.
11-Feb-2021 / 18:20 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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Press release
2CRSi signs a significant first contract
with one of the world's leading banking groups
Strasbourg (France), February 11, 2021 - 2CRSi (ISIN: FR0013341781), a designer and manufacturer of high-performance,
energy-efficient IT servers, announces that it has been selected by a French world-leading banking group to provide a
high-performance, energy-efficient computing solution hosted in France.
The investment banking division of this prominent French banking group performs daily risk calculations, using complex
in-house algorithms. These calculations are critical for banking institutions from both an operational and a regulatory
point of view. They require significant computing power.
With a capacity of 40,704 processing cores, featuring the latest generation of Intel(R) XEON(R) Cascade Lake Advanced
Performance processors, scalable on demand and coupled with a liquid cooling system that reduces operating energy
requirements, the infrastructure designed by 2CRSi combines technological excellence and ecological performance. The
Group's solution also stands out with the recovery of the server-generated heat, which will be reused in the building's
domestic hot water production system.
In order to maintain reliability, proximity and sovereignty through the retention of critical assets on the territory,
the platform will be hosted in a French datacenter, based in Ile-de-France (greater Paris area) operated by Green Data,
a joint subsidiary of Azur Datacenter and 2CRSi.
Through this first contract, 2CRSi is providing this international banking group with a turnkey solution in France,
combining (i) high-performance computing, (ii) reduced operating costs and (iii) a reduced bank operations
environmental footprint.
The contract provides for the server infrastructure to be made available over a period of 5 years. It will result in a
revenue to be booked and paid when the servers are commissioned, which is scheduled to take place before the end of
February 2021.
"We are extremely proud of the trust and recognition we have received. From the very first discussions, our client's
teams have been sensitive to the environmental performance of our solutions, which will also enable them to optimize
the opex associated with the computing power required for risk calculation operations," emphasizes Alain Wilmouth,
co-founder and chairman of 2CRSi.
With this first contract, this leading banking group becomes a major new customer of the 2CRSi group, confirming the
strong commercial and technological momentum in which the Group is engaged.
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About 2CRSi
Founded in Strasbourg (France), 2CRSi group develops, produces and sells high-performance customised and
environment-friendly servers. In the financial year 2019/2020, the Group achieved pro forma turnover of EUR141.1m. The
Group today has approximately 350 employees and markets its offer of innovative solutions (processing, storage and
network) in more than 50 countries. 2CRSi has been listed since June 2018 on the regulated market of Euronext in Paris
(ISIN Code: FR0013341781) and is included in the European Rising Tech label. For further information please visit:
www.2crsi.com
Contacts
2CRSi Actifin Actifin
Marie de Lauzon Simon Derbanne Jennifer Jullia
COO Financial Communication Financial PR
investors@2crsi.com sderbanne@actifin.fr jjullia@actifin.fr
+33 3 68 41 10 70 + 33 1 56 88 11 14 + 33 1 56 88 11 19 ----------------------------------------------------------------------------------------------------------------------- Regulatory filing PDF file File: 2CRSi: PR EN
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Language: English
Company: 2CRSi SA
32, rue Jacobi-Netter
67200 Strasbourg
France
Phone: +33 3 68 41 10 70
E-mail: investors@2crsi.com
Internet: www.2crsi.com
ISIN: FR0013341781
Euronext Ticker: 2CRSI
AMF Category: Inside information / Other releases
EQS News ID: 1167852
End of Announcement EQS News Service
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1167852 11-Feb-2021 CET/CEST
(END) Dow Jones Newswires
February 11, 2021 12:21 ET (17:21 GMT)
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