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U.S. House Financial Services Committee Selects Akamai for Delivery of Hearings
The Committee oversees the entire financial services industry, including the securities, insurance, banking, and housing industries. The Committee also oversees the work of the Federal Reserve, the Treasury, the SEC, and other financial services regulators. The use of streaming media enables the Committee to keep citizens regularly informed of key happenings in the U.S. financial services sector, providing access to committee hearings on such issues as corporate accounting practices, the economy, international aid, and other critical issues. Akamai's distributed global platform enables viewers of the Committee's online activities to receive important content with improved performance and end-user experience.
"Government agencies are among the many organizations that are increasingly adopting streaming for widespread distribution of public events and critical information," said Michael Ruffolo, executive vice president, Global Sales, Services, and Marketing, Akamai. "Akamai continues to attract leading businesses, as well as government and academic institutions, who recognize that a globally-distributed computing platform is essential to supporting the end-user demands placed upon the Internet for rich content, providing scalability on-demand and information assurance, no matter the circumstance."
Akamai's streaming media services deliver top-quality audio and video streams for live and on-demand viewing. Using the global Akamai Platform, Akamai's streaming service offers unmatched performance and scalability so that businesses can maximize the impact of their audio or video files. Through Akamai's integrated reporting tools, businesses are able to effectively measure the success of their programming and better understand visitors and their interests. This business insight allows companies to refine their value proposition and enhance their customers' online experience.
About House Committee on Financial Services
The Committee oversees the entire financial services industry, including the securities, insurance, banking, and housing industries. The Committee also oversees the work of the Federal Reserve, the Treasury, the SEC, and other financial services regulators.
About Akamai
Akamai is the leading provider of edge computing solutions, delivering secure content and distributed applications across the Internet, intranets, and extranets. These solutions enable customers to achieve optimal results from their e-business initiatives, thereby reducing the cost of ownership, improving ROI, and creating new revenue streams. Akamai's globally distributed edge computing platform comprises more than 12,900 servers in more than 1,000 networks in 66 countries, ensuring the highest levels of availability, reliability, and performance. Headquartered in Cambridge, Massachusetts, Akamai provides services and world-class customer care to hundreds of successful enterprises, government entities, and leading e-businesses worldwide. For more information, 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, the dependence on Akamai's Internet content delivery service and technology products, the effects of any attempts to intentionally disrupt our services or network by hackers or others, failure of our telecommunications suppliers to provide sufficient transmission capacity, 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.
| Contacts: |
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| Caryn Brownell Media Relations Akamai Technologies, Inc. (617) 444 - 4661 cbrownell@akamai.com |
--or-- | J.C. Raby Investor Relations Akamai Technologies, Inc. (617) 444 - 2555 jraby@akamai.com |
House Financial Services Committee utilizes Akamai's streaming services to enhance quality and availability of financial information for online audiences
Cambridge, MA - August 20, 2002 - Akamai Technologies, Inc. (Nasdaq: AKAM), the leading provider of edge computing solutions delivering secure content and distributed applications across the Internet, intranets, and extranets, today announced that the U.S. House of Representatives Committee on Financial Services has deployed Akamai's streaming media services. Akamai's live streaming services are being utilized by the Committee to broadcast prominent hearings specific to the financial services industry from its website http://financialservices.house.gov.The Committee oversees the entire financial services industry, including the securities, insurance, banking, and housing industries. The Committee also oversees the work of the Federal Reserve, the Treasury, the SEC, and other financial services regulators. The use of streaming media enables the Committee to keep citizens regularly informed of key happenings in the U.S. financial services sector, providing access to committee hearings on such issues as corporate accounting practices, the economy, international aid, and other critical issues. Akamai's distributed global platform enables viewers of the Committee's online activities to receive important content with improved performance and end-user experience.
"Government agencies are among the many organizations that are increasingly adopting streaming for widespread distribution of public events and critical information," said Michael Ruffolo, executive vice president, Global Sales, Services, and Marketing, Akamai. "Akamai continues to attract leading businesses, as well as government and academic institutions, who recognize that a globally-distributed computing platform is essential to supporting the end-user demands placed upon the Internet for rich content, providing scalability on-demand and information assurance, no matter the circumstance."
Akamai's streaming media services deliver top-quality audio and video streams for live and on-demand viewing. Using the global Akamai Platform, Akamai's streaming service offers unmatched performance and scalability so that businesses can maximize the impact of their audio or video files. Through Akamai's integrated reporting tools, businesses are able to effectively measure the success of their programming and better understand visitors and their interests. This business insight allows companies to refine their value proposition and enhance their customers' online experience.
About House Committee on Financial Services
The Committee oversees the entire financial services industry, including the securities, insurance, banking, and housing industries. The Committee also oversees the work of the Federal Reserve, the Treasury, the SEC, and other financial services regulators.
About Akamai
Akamai is the leading provider of edge computing solutions, delivering secure content and distributed applications across the Internet, intranets, and extranets. These solutions enable customers to achieve optimal results from their e-business initiatives, thereby reducing the cost of ownership, improving ROI, and creating new revenue streams. Akamai's globally distributed edge computing platform comprises more than 12,900 servers in more than 1,000 networks in 66 countries, ensuring the highest levels of availability, reliability, and performance. Headquartered in Cambridge, Massachusetts, Akamai provides services and world-class customer care to hundreds of successful enterprises, government entities, and leading e-businesses worldwide. For more information, 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, the dependence on Akamai's Internet content delivery service and technology products, the effects of any attempts to intentionally disrupt our services or network by hackers or others, failure of our telecommunications suppliers to provide sufficient transmission capacity, 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.
