TIDMIOM

Iomart Group PLC

17 March 2021

RNS Reach

17 March 2021

iomart Group plc

("iomart" or the "Group" or the "Company")

iomart expands network capacity to meet future demand

Invests in next gen Cisco 100GB routing technology

iomart Group plc (AIM:IOM), the cloud computing company, is pleased to announce a major network expansion to meet future demand.

iomart has invested nearly GBP2m in next generation core routing technology from Cisco, which will provide 100GB capacity on its network with the ability to scale to 400GB. As a result, iomart customers will benefit from faster, even more reliable connections to support their data and applications.

Capacity will increase from 10GB to 100GB through two of the most interconnected peering facilities in Europe, Telehouse London and Equinix in Slough, and through iomart's largest data centre in Maidenhead.

This investment follows a noticeable increase generally in internet traffic due to COVID-19, with iomart committed to increasing its ability as a service provider in order to anticipate future demand. Using 5(th) generation ASR technology at the point where iomart's private fibre network intersects with the internet, the planned network expansion will reduce the chance of bandwidth bottlenecks, enabling content such as on-demand video, voice and cloud services to travel along the optical fibre at speed.

iomart is also increasing resiliency for customers in its key data centres with the addition of extra fibre routes. Those facilities will benefit from three independent routes into the building, providing true physical path diversity. iomart's private network infrastructure stretches for more than 2,000 km up and down each side of the UK, supporting the digital ambitions and multi-cloud strategies of businesses the length and breadth of the country. This further upgrade provides extended capacity to iomart's existing high speed, low latency network.

Ishbell MacPhail, Regional Leader, Cisco, commented: "In the last year, connected technologies and applications have played a major role and helped to solve unexpected challenges in all industries - from home schooling to healthcare. iomart's focus on reliability and speed will see them continue to play a key role in a new, connected normal. We're delighted to be working with them."

Reece Donovan, CEO, iomart, commented: "This is a significant investment that supports our growth strategy and underlines our commitment to provide businesses with the services they need to support their future operations. The investment ensures our customers will have the ability to deliver content and services faster than ever and without disruption."

For further information:

 
 iomart Group plc                                  Tel: 0141 931 6400 
 Reece Donovan, Chief Executive Officer 
 Scott Cunningham, Chief Financial Officer 
 
 Peel Hunt LLP (Nominated Adviser and Joint        Tel: 020 7418 8900 
  Broker) 
 Edward Knight, Paul Gillam, Nick Prowting 
 
 Investec Bank PLC (Joint Broker)                  Tel: 020 7597 4000 
 Patrick Robb, Virginia Bull, Sebastian Lawrence 
 
 Alma PR                                           Tel: 020 3405 0212 
 Caroline Forde, Helena Bogle, Joe Pederzolli

About iomart Group PLC:

For over 20 years iomart Group plc (AIM: IOM) has been helping growing organisations to maximise the flexibility, cost effectiveness and scalability of the cloud. From data centres we own and operate in the U.K., and from connected facilities across the globe, we can provide multiple secure infrastructure solutions from branch office backups, to hyper cloud migrations, and everything in between, delivered typically with a 24/7 managed service. Our team of over 400 dedicated staff work with our customers at the strategy stage through to delivery and ongoing management, to implement the secure cloud solutions that deliver to their business requirements.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word "Reach" in the source column of the News Explorer pages of London Stock Exchange's website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NRAZZGMFRVGGMZM

(END) Dow Jones Newswires

March 17, 2021 03:00 ET (07:00 GMT)

Iomart (LSE:IOM)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Iomart Charts.
Iomart (LSE:IOM)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Iomart Charts.