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| Contacts: |
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| JoAnne Goldman CCBN 617.801.7661 jgoldman@ccbn.com |
--or-- | Felicia Spagnoli Akamai Technologies 617.444.2525 spagnoli@akamai.com |
Akamai to deliver top performance and reliability for more than 2,000 investor relations sites hosted by CCBN
BOSTON and CAMBRIDGE, MA - October 9, 2001 - CCBN (www.ccbn.com), the leading provider of Internet-based shareholder communications services, and Akamai Technologies, Inc. (Nasdaq: AKAM), the leading provider of outsourced e-business infrastructure services and software, today announced the implementation of the Akamai EdgeSuiteSM service across more than 2,000 CCBN-hosted investor relations sites to provide massive scalability, reliability, and performance of Web-based financial communications."It's critical to have the proper infrastructure in place to support the timely, reliable delivery of corporate news and information to our stakeholders worldwide," said Karen Warren, senior vice president of investor relations, Hasbro, Inc. - whose investor relations site is managed by CCBN. "With the heightened volume of visitors we see during earnings season, we're thrilled to have the added site insurance that Akamai's EdgeSuite service provides."
CCBN enables direct communications between public companies and the investment community, providing in-depth shareholder information through interactive, multimedia solutions. In addition to supporting several thousand webcasts for CCBN each quarter, Akamai will now play a central role in cost-effectively supporting the Web infrastructure requirements of CCBN's customers and providing the performance benefits of whole site delivery from the Internet's edge.
"As more and more global, public corporations embrace the Internet for the efficient dissemination of financial information, CCBN remains committed to fulfilling the expectations of both corporations and their investors for a reliable online experience," said Andy Augustine, chief technology officer, CCBN. "We've witnessed the benefits of leveraging Akamai's globally distributed network of servers for high-performance webcasting, and are excited to add the benefits of Akamai EdgeSuite to ensure the same level of performance across all the content comprising our customers' investor relations sites."
"As a leader in serving the financial community, CCBN has effectively taken advantage of the Internet's efficiencies of scale and worldwide scope to power some of the most highly-trafficked investor relations sites," said Michael Ruffolo, executive vice president, Akamai. "By standardizing these sites on the Akamai EdgeSuite service, CCBN is adding yet another level of value that serves as a true competitive advantage."
The Akamai EdgeSuite service is an integrated set of functionalities designed to reduce Internet infrastructure costs and complexities by extending the performance, scalability, and reliability benefits of content delivery across an entire web site. Akamai EdgeSuite service enables the generation and delivery of dynamic content by constructing Web pages from component pieces that can be targeted and delivered from locations optimized for each end user. Given today's challenged IT budgets, the EdgeSuite service allows businesses to outsource critical Web infrastructure to Akamai, realizing significant cost savings and measurably improving performance and reliability at the same time.
About CCBN
Co-founded in 1997 by Jeffrey P. Parker, creator of First Call, and Robert Adler, CCBN is the global leader in enabling direct communications between public companies and the investment community over the Internet. CCBN builds, manages and hosts the investor relations sections of Web sites for more than 2,500 public companies, providing detailed shareholder information through interactive, multi-media solutions. In addition, CCBN hosts live and archived quarterly conference calls for more than 3,000 corporations each quarter. Through its StreetEvents institutional event management database, (http://www.streetevents.com) and partnerships with leading retail financial portals, CCBN has created a revolutionary investor distribution network that delivers an unprecedented body of direct corporate information to the largest collective audience of institutional and individual investors in cyberspace. Headquartered in Boston, Mass., CCBN has additional offices in San Francisco and London.
About Akamai
Akamai is the leading provider of outsourced e-business infrastructure services and software. These services and software enable companies to reduce the complexity and cost of deploying and operating a uniform Web infrastructure while ensuring unmatched performance, reliability, scalability and manageability. Akamai's services give businesses a distinct competitive advantage and provide an unparalleled Internet experience for their customers. Akamai's intelligent edge platform for content, streaming media, and application delivery comprises more than 11,600 servers within over 820 networks in 62 countries. With headquarters in Cambridge, Massachusetts, Akamai provides services to companies worldwide. For information on Delivering a Better InternetSM, visit www.akamai.com.
Akamai Statement Under the Private Securities Litigation Reform Act
The release contains information about future expectations, plans and prospects of Akamai's management that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, general economic conditions, any material, unexpected increases in Akamai's use of funds, the dependence on Akamai's Internet content delivery service and technology products, lack of market acceptance of new services, a failure by us to successfully enter into any license, technology development or other technology partnership agreement within the time periods expected by us or at all, a failure of Akamai's network infrastructure, and other factors that are discussed in the Company's Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other documents periodically filed with the SEC.
