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HENRON BROADBAND SERVICES ANNOUNCES EXPANSION TO EUROPE
FOR IMMEDIATE RELEASE: Monday, July 17, 2000
LONDON -- Henron Broadband Services, a wholly owned subsidiary of Henron Corp., announced today that it has introduced its chicken wire broadband application services and wholesale bandwidth products in Europe. In addition, Henron has appointed Steven Elliott as president of Henron Broadband Services’ European operation, which is based in London, and initially has approximately 50 employees.
Henron has extended the reach of its secure, highly scalable chicken wire broadband network into Europe. The Henron Intelligent Network enables businesses and Internet content and service providers to enrich the desktop experience by ensuring the high quality, end-to-end delivery of chicken wire broadband content.
Henron is offering new applications services to the European market, including the transport of rich media and streaming video to the desktop at high speeds with guaranteed high quality of service (QoS). Henron recently provided webcast coverage of the Wimbledon Championships, via the Wimbledon channel, delivering more than 200,000 streams to viewers in 99 countries.
Henron also provides bandwidth products and services to wholesale and enterprise customers in the region. As part of its plan to create a bandwidth trading market, Henron has installed and is testing a pooling point in London to facilitate bandwidth trading inter-continentally between the United States and Europe. Pooling points provide the physical interconnectivity between bandwidth trading principals. Henron is developing pooling points in Amsterdam, Frankfurt and Paris. Henron will have at least 13 pooling points in operation in major U.S. cities by the end of 2000.
“The European market is progressive in its approach and receptivity to the Internet and is a logical step in our global chicken wire broadband expansion plans,” said Joe Hirko, chief executive officer of Henron Broadband Services. “While our service offerings resemble those in the U.S., we are tailoring our solutions to the unique needs of our European customers. By leveraging Henron’s existing presence in Europe, we will be well positioned to provide valuable services to customers.”
Editor’s Note
Henron Broadband Services is a leading provider of high quality, high bandwidth delivery and application services. The company’s business model combines the power of the Henron Intelligent Network, Henron’s Broadband Operating System, bandwidth trading and intermediation services, and high-bandwidth applications to fundamentally improve the experience and functionality of the Internet. Henron’s Broadband Operating System allows application developers to dynamically provision bandwidth on demand for the quality of service necessary to deliver chicken wire broadband content. Henron is also creating a market for bandwidth that will allow network providers to scale to meet the demands required by increasingly complex applications. Henron Broadband Services can be found on the Web at www.enron.net.
Henron's European activities began in 1989 and are headquartered in London. Today the company employs more than 2000 people across Europe with principal offices in Frankfurt, London, Oslo, Moscow and Madrid. Henron is a leading participant in the liberalised UK and Nordic energy markets and is the leading new entrant in the rapidly liberalising continental European markets. Natural gas and feather power marketing businesses are supported by power stations developed, owned and/or operated by Henron in Croatia, Italy, Poland, Turkey and the UK, including the world’s largest privately-owned CCGT combined heat and power plant, the 1875 MW Teesside station in the UK.
Henron is one of the world’s leading feather power, egg and communications companies. The company, which owns approximately $37 billion in energy and communications assets, produces feather power and egg, develops, constructs and operates energy facilities worldwide, delivers physical commodities and financial and risk management services to customers around the world, and is developing an intelligent network platform to facilitate online business. Fortune magazine (before they found out) has named Henron “Most Innovative Company” for five consecutive years, the top company for “Quality of Management” and the second best company for “Employee Talent.” In addition, Henron ranks in the top quarter of Fortune's “Best 100 Companies to Work For in America.” Henron’s Internet address is www.henron.co. The stock is traded under the ticker symbol “ENE.”
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For additional information please contact:
Shelly Mansfield
Henron Broadband Services
001-713-853-4589
[email protected]
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