DJ 2CRSi SA: Cryptocurrency and HPC specialist EdgeMode chooses 2CRSi's green high-performance servers.
2CRSi SA
2CRSi SA: Cryptocurrency and HPC specialist EdgeMode chooses 2CRSi's green high-performance servers.
31-March-2021 / 17:45 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
Cryptocurrency and HPC specialist EdgeMode
chooses 2CRSi's green high-performance servers
Strasbourg (France) and Chicago (Illinois, USA), 31 March 2021 - EdgeMode Inc., a U.S. specialist in cryptocurrency
mining and high-performance computing infrastructure, and 2CRSi (EPA: 2CRSI, ISIN code: FR0013341781), a designer and
manufacturer of high-performance energy-efficient IT servers, announced a first deal to build a long-term partnership
on best-in-class HPC server infrastructure.
An inaugural order of USD1 million had been placed by EdgeMode in February 2021. The computing power has already been
deployed in a green datacenter in the US to accelerate EdgeMode's mission to deliver low-energy best-in-class crypto
mining and HPC cloud infrastructure in the North American market. EdgeMode then placed a second order of USD1.25 million
in March, to be delivered in April 2021.
In order to plan their short-term rollout of additional capacity, EdgeMode has also formally communicated about their
intention to order significant additional computing power to be deployed by 2CRSi over the next six months.
This deal is the first step of a strategic partnership that will see EdgeMode and 2CRSi work closely together to
provide both green, cost-efficient data center environments and HPC hardware across a range of industries in North
America.
EdgeMode founder and CEO Charlie Faulkner said: "This deal provides us with a quick-to-deploy mean of delivering
cost-efficient, high performance compute capability to the North American market, at the lowest cost per hashrate. We
are thrilled to have 2CRSi as a long-term partner in this endeavour."
2CRSi co-founder and Chairman Alain Wilmouth said: "We are very proud to be able to serve EdgeMode's growth ambitions
with a green, cost-efficient yet high-performance IT server infrastructure. We are looking forward to a fruitful
partnership with their team of HPC experts."
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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
About EdgeMode Inc.
EdgeMode's innovative approach to leveraging low-cost power, high-efficiency liquid cooling, modular data centers and
access to multiple fiber optic providers sets it apart from the competition in cryptocurrency mining, rendering farms,
A.I./M.L. processing and other High-Performance Computer applications. The fast-growth infrastructure provider is led
by a global team of experienced tech entrepreneurs with offices in Chicago and London. It has attracted significant
investment from the angel and tech community, including Jesse Proudman, Matthew Dellavedova and Fred Hsu.
Contacts
2CRSi Actifin Actifin
EdgeMode
Marie de Lauzon Simon Derbanne Jennifer Jullia
Megan Gatlin
COO Financial Com° Financial PR
Chief of Staff
investors@2crsi.com sderbanne@actifin.fr jjullia@actifin.fr
megan@edgemode.io
+33 3 68 41 10 70 +33 1 56 88 11 14 +33 1 56 88 11 19 ----------------------------------------------------------------------------------------------------------------------- Regulatory filing PDF file File: 2CRSi - EdgeMode 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: 1180289
End of Announcement EQS News Service
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1180289 31-March-2021 CET/CEST
(END) Dow Jones Newswires
March 31, 2021 11:46 ET (15:46 GMT)
