Akamai Meets Rising Market Demand for Outsourced Web Analytics

Contacts:
Felicia Spagnoli Media Relations Akamai Technologies, Inc. (617) 444-2525 spagnoli@akamai.com	--or--	J.C. Raby Investor Relations Akamai Technologies, Inc. (877) 567-7167 jraby@akamai.com

Akamai SiteWise^SM service chosen by more than 50 companies, including Logitech, Network Associates, and Peapod, Inc.

Cambridge, MA - February 26, 2002 - Akamai Technologies, Inc. (Nasdaq: AKAM), a leading provider of secure, outsourced e-business infrastructure services and software, today announced the rapid market response to its SiteWise^SM service for comprehensive, outsourced Web analytics, with more than 50 customers, including multiple Fortune 500 companies, acquired since the service's launch in May 2001. The SiteWise service combines the expertise of WebTrends Web analytics by NetIQ WebTrends Live, the real-time hosted Web analytics solution by NetIQ, with Akamai's outsourced approach to managing Web infrastructure, creating a unique and cost-efficient solution for evaluating and shaping a company's e-business initiatives.

Current economic conditions have increased the importance for enterprises to understand the value of their Web-based marketing and e-commerce efforts. As an alternative to costly, complex software products, the SiteWise service provides an outsourced approach to putting critical measurement data in the hands of marketing executives and other business managers to assess the impact of their integrated marketing campaigns, among other Web initiatives. According to Forrester Research, 60% of companies will migrate towards an outsourced solution for Web analytics by 2003 versus installing and maintaining products in-house.

"As we increasingly leverage the Internet to grow our business and attract and retain customers, it's critical that we have the ability to measure our site's effectiveness in a timely, reliable manner," said Thomas Parkinson, chief technology officer and senior vice president, Peapod, Inc. - the nation's leading Internet grocer. "Akamai has given us a view into customer usage patterns and the site's overall impact, which in turn allows us to better tailor content and increase revenues."

"During this time of smarter IT spending, enterprises require a demonstrable ROI from their online initiatives, and Akamai is uniquely suited to offer this capability as part of a comprehensive e-business infrastructure solution," said Michael Ruffolo, executive vice president, global sales, services, and marketing, Akamai. "The SiteWise service is in demand by many of today's top e-businesses, and continues to be an area for significant growth as more and more companies recognize the value of outsourcing their Web analytics needs."

Available independently or as part of the Akamai EdgeSuite^SM set of services, the SiteWise service reflects Akamai's efforts to align with best-of-breed technology providers to effectively serve the enterprise market. As an outsourced solution, SiteWise is simple to implement and frees the customer from purchasing, maintaining, and housing hardware and software, and from processing large log files. The service offers more than one hundred comprehensive reports that provide browser-side insight into the behavior and preferences of Web site visitors, all without compromising end user privacy. SiteWise summarizes key information to help business managers draw conclusions about actions that must be taken to improve both Web performance and online marketing strategies. In addition, customers can create profiles and filters to specify what data to include in reports.

About Akamai
Akamai is a leading provider of secure, 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 13,500 servers within over 1,000 networks in 66 countries. With headquarters in Cambridge, Massachusetts, Akamai provides services and industry-renowned customer care to hundreds of enterprises worldwide, including dozens of Fortune 500 businesses. For information on Delivering a Better Internet^SM, 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, including EdgeSuite, 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.