PR94913

SINGAPORE, March 9, 2022 /PRNewswire=KYODO JBN/ --

Plans include achieving 3X geographical expansion and 100% green energy by 2024

Atlas Technology Management (Atlas), the Singapore headquartered technology

group and one of the world's largest next-generation computing

infrastructure-as-a-service providers, has announced its expansion plans as

part of its move to double down on its strategy to become a leader in Web 3.0

computing infrastructure.

Web 3.0 is the next chapter of the internet underpinned by blockchain

technology and characterized by distributed computing, autonomous and

intelligent models of operation. Atlas has long been a leader in the building

cutting-edge infrastructure solutions in high performance and application

specific computing to support the development of Web 3.0. Its comprehensive

service offering includes ASIC computing, node infrastructure, networking,

hardware and software, API support as well as storage.

Atlas has witnessed rapid growth over the past year and recently opened new

offices in Dubai and Norway. Building on this momentum, the company plans to

further expand its coverage in nine countries and regions to over 30 in the

next five years. This will give Atlas second-to-none coverage in supporting the

Web 3.0 transformation of enterprises and partners anywhere in the world.

Climate change is one of humanity's biggest challenges and tackling it is the

responsibility of every company. Given the need to deliver high performance

computing and infrastructure to support the development of Web 3.0, minimizing

its environmental impact is essential to its future success.  Atlas upholds the

belief in "tech for good" and is fully committed to contributing to the

sustainable development of Web 3.0. For this reason, Atlas will adopt 75% green

energy by 2022, 90% by 2023 and ultimately reaching 100% by 2024.

Furthermore, Atlas is  in partnership discussions to explore advanced

technologies and operation mechanisms such as under-water data centers, to

enable progressive and sustainable development of Web 3.0. A pilot under-water

data centre is projected to launch in the second half of 2022.

Raymond Yuan, Founder and Chairman of Atlas, said, "The internet is at a point

akin to the early days of cloud computing where unimaginable value is waiting

to be unlocked in its next chapter, Web 3.0. This will be defined by a new

economic paradigm and emerging technologies that will enable new business

models. As an early mover the space, we have the experience and resources to

build the infrastructure necessary to support the sustainable development in

Web 3.0. Our announcement today is about doubling down our focus and resources

to accelerate Web 3.0's development and unlock new growth opportunities for our

partners."

About Atlas

Atlas is a Singapore headquartered technology group offering a broad range of

value-added services including application specific computing, node

infrastructure, networking, hardware, API support and storage to drive and

maintain the Web 3.0 ecosystem.

Atlas is committed to be a global leading next-generation computing

infrastructure provider that advocates sustainable growth, green energy

adoption, power usage efficiency and stability to drive the Web 3.0 evolution.  

It has committed to adopt 100% green energy to power its computing operations

by 2024.

The company operates high performance computing facilities in Central Asia,

Europe, and North America with further plans to expand in other regions.  It is

one of the largest companies in application specific computing (ASIC).

SOURCE: Atlas Technology Management Pte. Ltd.