Merger of TIC The Internet Company Ltd. and green.ch Ltd.

Strategic merger

Rotkreuz/Brugg, (PresseBox) - The two leading independent Swiss Internet Service Providers TIC The Internet Company Ltd., and green.ch Ltd. are merging. This strategic alliance will enable the new company, which will operate on the market under the name «green.ch The Internet Company», to continue to strengthen its leading position as an Internet provider for SMEs, business customers and residential customers. This merger will create the number one provider for SMEs in Switzerland. New CEO of green.ch is Franz Grüter.

The TIC and green.ch merger represents an important milestone for both companies. It will not only secure their continued existence in the long-term, but also lead to increased growth and a much stronger market position. Thanks to the use of existing synergies and complementary ICT products and IT services, customers will enjoy even more comprehensive service in the future.

As a result of the two companies strategic alliance, customers, staff and partners can look forward to long-term strength and security.

In addition, the fusion enables the efficient exploitation of synergies, and complements products and services in significant ways. TIC is a leader in complex national and international VPNs, Data Center projects and China services, while since its foundation green.ch has been successful in the sectors broadband Internet Access with ADSL and VDSL as well as in Hosting, Co-Location and Hosted Exchange.

The company created by the merger will operate on the market as «green.ch The Internet Company». The name TIC will be discontinued. green ch. will clearly position itself on the market as a comprehensive Internet provider for SMEs, company clients and private individuals, offering both standardized IT services as well ICT solutions tailored to individual customer needs.

green.ch The Internet Company Facts & Figures

- Swiss-wide activity with locations in Rotkreuz (ZG), Brugg (AG) and Lausanne (VD), with over 100'000 SMEs, company clients and private individuals
- Swiss-wide own IP backbone network with over 70 nodes (POPs), data connections within Europe and fiber-optic direct connections to China
- Swiss-wide number 1 in Hosted Exchange
- Swiss-wide number 1 for Internet services to China
- Over 45,000 ADSL, SDSL and VDSL connections
- Leader in Webhosting (Windows/Unix) and Sharepoint (greenDisk)
- Modern Data Center services and Co-Locations in Zurich, Brugg, Lucerne/Kriens, Berne and Geneva

Franz Grüter, Board Chairman and CEO of TIC The Internet Company Ltd., will run the merged green.ch as new CEO. The previous CEO of green.ch, Guido Honegger, will continue to be available to the company in an advisory capacity. About 80 employees will work for the new company.

green.ch expects further consolidation in the Swiss telecommunications and ISP market. The company s aim is to continue to play a leading, active role in this development process.

green.ch AG

green.ch is the leading full service provider for SMEs, national and international business customers and residentials. It is active throughout Switzerland as a whole, and has many partners in Europe, North America and China. Innovative IT solutions, from infrastructure operation with managed solutions to complete outsourcing services reduce IT costs for customers while simultaneously boosting productivity and security. The comprehensive services include Internet dedicated lines, ADSL, VDSL, VoIP, company networks (IP-VPN and MPLS), data centers, co-location, hosted exchanges, hosting/web hosting and managed security.

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