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      KyotoCooling BV Assumes Control of North American Operations

      Leading Data Center Cooling Solutions Supplier Terminates Prior Licensing Agreement; Makes Additional Capital Investments to Provide Customers a Single Integrated Global Supply Capability for its Leading Data Center Solutions


      News provided by

      KyotoCooling BV

      Sep 01, 2017, 16:55 ET

      Share this article

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      DALLAS, Sept. 1, 2017 /PRNewswire/ -- KyotoCooling BV ("KyotoCooling" or "the Company"), a leading supplier of indirect cooling solutions to the data center industry, today announced the termination of its North American licensing agreement with Data Cooling Technologies, LLC, effective immediately. The decision addresses the requirement to scale North American operations to meet the growing market demand for the Company's products while maintaining the high levels of quality and service expected by its customers.

      KyotoCooling has assumed control of all North American operations and expanded its manufacturing, engineering and delivery capabilities in key markets in Canada and the United States. Additionally, KyotoCooling has entered into long-term supply agreements with leading manufacturers and contractors to ensure consistent on-time fulfillment and delivery of all in-progress and pending product orders.  These moves will support continued growth in delivery capability and shortened on-time delivery for hyper scale deployments.  Unit manufacturing, support and delivery are available immediately.

      "The foundation of our company is built on offering unparalleled service levels of installations, reliability and efficiency to our customers. With today's announcement, we are solidifying that commitment," said John Drossos, CEO of KyotoCooling BV. "For more than 11 years, KyotoCooling has leveraged our extensive knowledge and experience to meet the evolving data center needs of some of the world's largest organizations. We look forward to maintaining our position as a trusted provider of cloud and data center cooling solutions for years to come."

      Today's announcement to further expand and invest in its operations represents a strong indicator of KyotoCooling's financial health. With the momentum generated from the hundreds of units installed across five continents, the Company expects 2017 worldwide sales to be more than double versus 2016. The Company is also on track to achieve sequential year-over-year increase in profitability in 2017.

      Furthermore, as part of KyotoCooling's commitment to innovation and product development, the Company's outlook for the fourth quarter includes the announcement of new product launches, as well as the formation of strategic channel partnerships.

      For more information on KyotoCooling, please visit kyotocooling.com, or direct all customer inquiries to [email protected].

      About KyotoCooling BV
      Founded in 2006, KyotoCooling provides mission-critical cooling solutions for data centers. With hundreds of installations in various climates around the world, KyotoCooling is the most experienced supplier of indirect cooling solutions in the data center industry. The company has offices in Amersfoort, Netherlands; Dallas, Texas; Johannesburg, South Africa and Tianjin, China. For more information, visit kyotocooling.com.

      Media Contact – on behalf of KyotoCooling
      Brendan Griffith
      [email protected]
      312.819.5720

      SOURCE KyotoCooling BV

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