Carrier Connect Data Solutions Signs Major IoT Services and AI Company to Five Year Contract
(TheNewswire)
VANCOUVER, British Columbia – TheNewswire - June 3, 2025 – Carrier Connect DataSolutions Inc. (TSX.V:CCDS;WKN:A40XB1) (the “Company” or“Carrier”), an innovative Canadian data center service provider,is pleased to announce that on May 29, 2025 it signed a major CanadianIoT Services and AI company to a 5 year base level $416,500 contractutilizing direct liquid cooling within our 200 Burrard Streetfacility.
This contract is the minimal base setup and includes aprivate data suite for their advanced servers utilizing direct liquidcooling. The possible expansion within their private data suite isexpected to drive further revenue. Carrier’s data center is uniquelypositioned to attract this client, and further AI clients, by ourability to offer direct liquid cooling solutions not typically offeredby competing data centers in Vancouver.
Management Commentary
“We are very pleased to add our first direct liquidcooling client and enable a private data suite for their businessexpansion over the coming years,” commented Johan Arnet, CTO.“Carrier prides itself on being customer friendly, and meeting theirtechnical needs on a 1-1 basis, and not just offering cookie cuttersolutions which has become the norm in the industry. We look forwardto adding further such clients in the coming months.”
About Carrier Connect Data SolutionsInc.
The Company operates a Tier II/III data center locatedin downtown Vancouver, British Columbia, and specializes in deliveringco-location and data center solutions to service providers,enterprises and small businesses. Data centers are the physicallocations that store computing machines and their related hardwareequipment, such as servers, data storage drives, and networkequipment. As a carrier-neutral facility, Company’s systems arefully independent and owned outright within its leased space. Thecurrent principal market for the Company is the Vancouver MetropolitanArea, where it serves clients who use its facility either as theirprimary datacenter or as an ancillary site depending on theirneeds.
ON BEHALF OF THE BOARD OF DIRECTORS
“Mark Binns”
Mark Binns, CEO
For further information, please contact:
Attention: Mark Binns, CEO
Email: mark@carrierconnectds.com
Phone: 778-945-1074
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy of this release.
Cautionary Statement RegardingForward-Looking Information
This news release contains “forward-lookinginformation” within the meaning of applicable Canadian securitieslegislation. “Forward-looking information” includes, but is notlimited to, statements with respect to the activities, events ordevelopments that the Company expects or anticipates will or may occurin the future, including, without limitation, statements with respectto the completion of the Acquisition. Generally, but not always,forward-looking information and statements can be identified by theuse of words such as “plans”, “expects”, “is expected”,“budget”, “scheduled”, “estimates”, “forecasts”,“intends”, “anticipates”, or “believes” or the negativeconnotation thereof or variations of such words and phrases or statethat certain actions, events or results “may”, “could”,“would”, “might” or “will be taken”, “occur” or “beachieved” or the negative connotation thereof. Such forward-lookinginformation is based on numerous assumptions, including among others,that general business and economic conditions will not change in amaterial adverse manner. Although the assumptions made by the Companyin providing forward-looking information are considered reasonable bymanagement at the time, there can be no assurance that suchassumptions will prove to be accurate. Forward-looking informationalso involves known and unknown risks and uncertainties and otherfactors, which may cause actual events or results in future periods todiffer materially from any projections of future events or resultsexpressed or implied by such forward-looking information orstatements, including, among others: negative operating cash flow anddependence on third party financing, uncertainty of additionalfinancing, reliance on key management and other personnel, and therisk factors with respect to the Company set out in the Company’sfilings with the Canadian securities regulators and available underthe Company’s profile on SEDAR+ at www.sedarplus.ca.
Although the Company has attempted to identifyimportant factors that could cause actual results to differ materiallyfrom those contained in the forward-looking information or implied byforward-looking information, there may be other factors that causeresults not to be as anticipated, estimated or intended. There can beno assurance that forward-looking information and statements willprove to be accurate, as actual results and future events could differmaterially from those anticipated, estimated or intended. Accordingly,readers should not place undue reliance on forward-looking statementsor information. The Company undertakes no obligation to update orreissue forward-looking information as a result of new information orevents except as required by applicable securities laws.
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