EX-99.1
3
a04-11043_1ex99d1.htm
EX-99.1
Exhibit
99.1
Press Release
CLARANET
BUYS VIA NET.WORKS UK
FOR £7.3 MILLION IN
CASH
AMSTERDAM,
Monday 27th
September 2004 - CLARANET LIMITED and VIA NET.WORKS Inc. (Nasdaq: VNWI; EASE) today announced
the sale of the United Kingdom operation of VIA NET.WORKS Inc. to CLARANET for
£7.3 million (approximately $13.2 million) in cash.
Deal Terms
Under the terms of the agreement, VIA
received £5.3 million (approximately $9.6 million) in cash upon close of the
sale, with £2.0 million ($3.6 million) cash held in escrow, half of which is to
be paid in six months and the other half after one year.
CEO Comments
"Following our past acquisitions on the continent and last year's
acquisition of Netscalibur, Claranet is consolidating its position as the
leading
non-telecommunications Internet Service Provider to business, adding to
the group's revenues and profits." said
Charles Nasser, CEO, Claranet Group.
Commenting on the sale
Rhett Williams, VIA's CEO, said: "Following
our acquisitions of Amen and PSINet Europe this year, this transaction furthers
the emphasis of our revenue mix towards hosting, security and other managed
services. It also allows us to focus on our core operations in continental
Europe and the US. As required by the SEC, we are filing a form 8K detailing
the transaction".
Transition
To ensure an
orderly transition, Claranet will have the right to use the VIA NET.WORKS UK
brand for a limited period of time. VIA's UK customers will continue to enjoy
the same quality of service, while now having access to the full Claranet suite
of products.
NOTES TO EDITORS:
About
CLARANET
Claranet
originated in the UK in 1996 and has since become one of the most successful
independent Internet Service Providers in Europe, with operations also in
France, Spain, and Germany. For business users across Europe, Claranet is able
to provide managed connectivity and web hosting services, e-commerce, Leased
Lines, DSL, VPNs and security products.
Website: www.clara.net
About VIA NET.WORKS, Inc.
VIA NET.WORKS,
Inc. (Nasdaq: VNWI; Euronext) is a leading provider of business communication
solutions to small and medium-sized businesses in Europe and the United States.
The company operates through three brands - PSINet Europe, VIA NET.WORKS and
Amen, offering a comprehensive suit of services, including DSL, security, VPNs
and hosting for large, medium and small businesses respectively.
Website: www.vianetworks.com
Claranet Media
VIA Investor Contact:
VIA Media Contact:
Contact:
Mike Geczi
Piers
Schreiber
Jane Shilton
- Flame PR
T:
+1 646 218 8747
T:
+31 20 502 0028
T:
+44 7884246858
F:
+1 646 218 8760
M:
+31 65 535 8087
E:
info@flamepr.co.uk
E:
mgeczi@apcoworldwide.com
E:
pschreiber@vianetworks.com

EX - 99 . 1 3 a04 - 11043 _ 1ex99d1 . htm EX - 99 . 1 Exhibit 99 . 1 Press Release CLARANET BUYS VIA NET . WORKS UK FOR £ 7.3 MILLION IN CASH AMSTERDAM , Monday 27th September 2004 - CLARANET LIMITED and VIA NET . WORKS Inc . ( Nasdaq : VNWI ; EASE ) today announced the sale of the United Kingdom operation of VIA NET . WORKS Inc . to CLARANET for £ 7.3 million ( approximately $ 13.2 million ) in cash . Deal Terms Under the terms of the agreement , VIA received £ 5.3 million ( approximately $ 9.6 million ) in cash upon close of the sale , with £ 2.0 million ( $ 3.6 million ) cash held in escrow , half of which is to be paid in six months and the other half after one year . CEO Comments " Following our past acquisitions on the continent and last year 's acquisition of Netscalibur , Claranet is consolidating its position as the leading non - telecommunications Internet Service Provider to business , adding to the group 's revenues and profits . " said Charles Nasser , CEO , Claranet Group . Commenting on the sale Rhett Williams , VIA 's CEO , said : " Following our acquisitions of Amen and PSINet Europe this year , this transaction furthers the emphasis of our revenue mix towards hosting , security and other managed services . It also allows us to focus on our core operations in continental Europe and the US . As required by the SEC , we are filing a form 8K detailing the transaction " . Transition To ensure an orderly transition , Claranet will have the right to use the VIA NET . WORKS UK brand for a limited period of time . VIA 's UK customers will continue to enjoy the same quality of service , while now having access to the full Claranet suite of products . NOTES TO EDITORS : About CLARANET Claranet originated in the UK in 1996 and has since become one of the most successful independent Internet Service Providers in Europe , with operations also in France , Spain , and Germany . For business users across Europe , Claranet is able to provide managed connectivity and web hosting services , e - commerce , Leased Lines , DSL , VPNs and security products . Website : www.clara.net About VIA NET . WORKS , Inc . VIA NET . WORKS , Inc . ( Nasdaq : VNWI ; Euronext ) is a leading provider of business communication solutions to small and medium - sized businesses in Europe and the United States . The company operates through three brands - PSINet Europe , VIA NET . WORKS and Amen , offering a comprehensive suit of services , including DSL , security , VPNs and hosting for large , medium and small businesses respectively . Website : www.vianetworks.com Claranet Media VIA Investor Contact : VIA Media Contact : Contact : Mike Geczi Piers Schreiber Jane Shilton - Flame PR T : + 1 646 218 8747 T : + 31 20 502 0028 T : + 44 7884246858 F : + 1 646 218 8760 M : + 31 65 535 8087 E : info@flamepr.co.uk E : mgeczi@apcoworldwide.com E : pschreiber@vianetworks.com