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Technology Stocks : Digital Island,Inc - (Nasdaq- ISLD)

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To: Madharry who wrote (357)9/7/1999 10:55:00 AM
From: djane   of 1884
 
news.com. Internet broadcasts to get a boost from new partnership

By Bloomberg News
Special to CNET News.com
September 6, 1999, 10:45 p.m. PT

Digital Island, Inktomi, and RealNetworks have formed a worldwide network for
broadcasting video and audio, as the Internet becomes more popular for playing
music and broadcasting live events.

Digital Island, which provides computer network services to companies that do business
on the Internet, offers a private computer network that connects data centers and local
Internet service providers in different countries.

San Francisco-based Digital Island's announcement marks
the formation of a technical alliance among the three
companies.

Digital Island is improving its network by integrating
RealNetworks' G2 software for delivering sound and video
and Inktomi's software for storing data on the network. The
network is the first of its kind for broadcasting sound and
video worldwide on the Internet, Digital Island said.

Terms of the agreement weren't disclosed. The service will
be available in October, said Tim Wilson, vice president of
marketing for Digital Island.

MP3, a technology that makes it easy to copy and
distribute music over the Internet, has shown the popularity
of so-called streaming audio and video, technology for
sending sound and video over the Internet.

Analyst Peter Christy of Internet Research Group, a market
research firm in Los Altos, California, said Digital Island's
network is well positioned.

Many so-called broadband programs, such as singing
cartoons, and computer videos, use a lot of bandwidth, or data transfer capacity, on the
computer network.

"As soon as it becomes successful, your success overwhelms the network," Christy
said. He said the companies will be ready for a boom of creative media on the Internet in
the next six to 12 months.

Copyright 1999, Bloomberg L.P. All Rights Reserved.

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