DJ 2CRSi SA awarded new contract by EdgeMode. EdgeMode significantly increases mining and HPC capacity through additional green high-performance servers.
2CRSi SA 2CRSi SA awarded new contract by EdgeMode. EdgeMode significantly increases mining and HPC capacity through additional green high-performance servers. 14-Dec-2021 / 08:30 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 awarded new contract by EdgeMode EdgeMode significantly increases mining and HPC capacity through additional green high-performance servers
Strasbourg (France) and Chicago (Illinois, USA), 14 December 2021 - 2CRSi (EPA: 2CRSI, ISIN code: FR0013341781), a designer and manufacturer of high-performance energy-efficient IT servers, and EdgeMode Inc., a cryptocurrency mining and High-Performance Computing (HPC) technology company, announced a new order for additional green high-performance capacity to support EdgeMode's rapid growth and scale objectives.
Aiming to deliver best-in-class crypto mining and HPC cloud infrastructure, EdgeMode initially selected 2CRSi's solutions in February 2021, a collaboration that had since been extended with follow-up orders in March[1] and in July.
Following impressive quarterly growth that exceeded forecast and series of investment, EdgeMode has placed another order of USD1.5 million for additional energy-efficient OCtoPus servers, bringing orders to a total amount over USD4 million and confirming 2CSRi as a preferred tech partner.
The new equipment, set for delivery in the next few weeks, before the end of the current fiscal year (Feb 28, 2022), will make EdgeMode a top customer of 2CSRi.
EdgeMode founder and CEO Charlie Faulkner said: "The high-performance compute capacity that 2CRSi deployed for us has enabled our strong growth over the year. Developing a world-class HPC infrastructure is one of many critical steps to EdgeMode's growth strategy to become listed on the OTCQB market by January 2022 before uplisting to Nasdaq within 12 months."
"We are delighted to see such strong development in our partnership with EdgeMode and we are committed to keep supporting their growth in the future. Together, we demonstrate that activities such as HPC and mining can be performed in a sustainable way." added 2CRSi co-founder and Chairman Alain Wilmouth.
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About 2CRSi
Founded in Strasbourg (France), 2CRSi group develops, produces and sells customised, high-performance and environment-friendly servers. In the 2020-21 financial year, the Group generated revenue of EUR163 million. The Group today has around 389 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 has been awarded the European Rising Tech label. For further information please visit: www.2crsi.com.
About EdgeMode Inc.
EdgeMode is a cryptocurrency mining and High-Performance Computing technology company focused on rapid hash rate growth and deployment of US-based data center locations, generating ever-increasing Bitcoin production. EdgeMode is built by a team of experienced and successful entrepreneurs that have worked together for more than ten years in other successful ventures. The team has domain experience in technology, data center infrastructure, blockchain and finance. EdgeMode has offices in Chicago, San Francisco Bay Area and London and are backed by industry-leading VC funds and investors. For further information and investment opportunities, please visit https://edgemode.io/.
Contacts
2CRSi Actifin Actifin
EdgeMode
Marie de Lauzon Simon Derbanne Jennifer Jullia
Megan Gatlin
COO Financial Comm 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
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[1] See our March 31, 2021 press release
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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: 1257344
End of Announcement EQS News Service
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1257344 14-Dec-2021 CET/CEST
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1257344&application_name=news
(END) Dow Jones Newswires
December 14, 2021 02:30 ET (07:30 GMT)
