SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: The Osprey who wrote (94763)10/25/2001 1:01:03 PM
From: Jim Bishop   of 150070
 
NAVI NaviSite Streaming Media Chosen as Exclusive Streaming Provider for Landmark
Microsoft Windows XP Launch Concert NaviSite's streamOS(TM)Platform to Webcast
Sting Performance on MSN Music

ANDOVER, Mass., Oct 25, 2001 (BUSINESS WIRE) -- NaviSite, Inc. (Nasdaq: NAVI)
today announced it has been selected by Microsoft Corp. to webcast rock legend
Sting's live concert from New York City's Bryant Park as a part of the
festivities surrounding the launch of the Microsoft Windows XP operating system.
streamOS(TM), NaviSite's streaming media management and distribution platform,
and its extensive system of content delivery networks will deliver live and on
demand coverage of the hour-long concert.

The free webcast can be viewed from www.music.msn.com at 1:00 p.m. EDT and will
be available for viewing through Thursday, November 1. MSN selected to use
streamOS(TM) following the unparalleled success of last fall's streamed Madonna
performance. Over ten million viewers tuned into Madonna's November 28, 2000,
concert from London's Brixton Academy, a record-breaking Internet audience.

"Consumer demand for streaming audio and video continues to skyrocket," said
Jeff Camp, general manager of MSN Music at Microsoft Corp. "Through MSN Music
and cutting-edge technology such as streamOS, consumers have access to reliable,
high-quality webcasts of the latest in entertainment, movies, sports and news.
We're proud to team up with NaviSite to bring this exciting Windows XP launch
event to a worldwide audience."

"Last year's Madonna concert set the bar for live event webcasting. NaviSite's
selection to provide the critical performance management and content
distribution for today's Sting concert serves as a steadfast endorsement of
streamOS(TM)'s ability to deliver high traffic live events." said Christopher
Levy, Senior Director of Technology for NaviSite's Streaming Media Group.

A scalable, cost-effective platform for high-performance streaming content
management and delivery, NaviSite's streamOS(TM) enables customers to use
drag-and-drop functionality to deploy, organize, and manage streaming content on
their Web sites via a browser-based interface. streamOS(TM) employs a utility
service approach that allows customers to leverage the high-performance
streaming infrastructure provided by streamOS(TM) content delivery networks, as
they need it. Allowing customers to pay on a usage basis with instant resource
provisioning, streamOS(TM) makes streaming more cost effective and flexible
while speeding the deployment of streaming content and events.


About NaviSite, Inc.

NaviSite's Streaming Media Group offers a single source for all streaming media
needs, built around their flagship product streamOSTM. NaviSite's streamOS(TM)
is the most comprehensive, high-performance, easy-to-use, streaming media
management and delivery platform available. And the company's aggregated content
delivery network gives customers an unequalled streaming media delivery system
with unparalleled scalability and reach. For more information about NaviSite
Streaming Media, please visit www.streamOS(TM).com or call 858-453-0333.
NaviSite Streaming Media Group is located at 4225 Executive Square, La Jolla,
California 90237.

NaviSite, Inc. is a leading provider of outsourced Web hosting and managed
application services for companies conducting mission-critical business on the
Internet, including enterprises and other businesses deploying Internet
applications. The Company's goal is to help customers focus on their core
competencies by outsourcing the management and hosting of their Web operations
and applications, allowing customers to fundamentally improve the ROI of their
web operations. NaviSite is a majority-owned operating company of CMGI, Inc.
with minority investment from Microsoft Corporation.

NaviSite's SiteHarbor(R) solutions provide secure, reliable, co-location and
high-performance hosting services, including high-performance Internet access,
and high-availability server management solutions through load balancing,
clustering, mirroring and storage services. In addition, NaviSite's enhanced
management services, beyond basic co-location and hosting, are designed to meet
the expanding needs of businesses as their Web sites and Internet applications
become more complex and as their needs for outsourcing all aspects of their
online businesses intensify. The Company's application services, which include
application hosting, management and rental, provide cost-effective access to, as
well as rapid deployment and reliable operation of, business-critical
applications, including managed services for streaming media. For more
information about NaviSite, please visit www.navisite.com or by phone on the
East Coast call 888-298-8222, on the West Coast call 888-755-5525. NaviSite is
headquartered at 400 Minuteman Road, Andover, MA 01810.

This release contains forward-looking statements based on current expectations
or beliefs, as well as a number of assumptions about future events, and these
statements are subject to important factors and uncertainties that could cause
actual results to differ materially from those described in the forward-looking
statements. The forward-looking statements in this release address a variety of
subjects including, for example, the expected benefits to be derived from and
functionality of the NaviSite's streamOS(TM) product and the expected
functionality of NaviSite's other products and technologies. The following
factors, among others, could cause actual results to differ materially from
those described in these forward-looking statements: difficulty integrating
streamOS with NaviSite's other products, services and technologies and those of
other providers; any failure of a content delivery network; any failure of
streamOS to function as designed, and any failure of systems or internal
infrastructure.

For a detailed discussion of these and other cautionary statements, please refer
to the filings made by each of NaviSite and CMGI with the Securities and
Exchange Commission, including the Quarterly Reports on Form 10-Q of each of
NaviSite and CMGI for the most recently ended quarter for each company.

NaviSite, streamOS(TM) and SiteHarbor(R) are trademarks of NaviSite, Inc. All
other trademarks are the properties of their respective owners.


CONTACT: NaviSite, Inc. Greenough Communications Group
Brenda Suarez Victoria Prewitt
978.946.8643 617.275.6547
bsuarez@navisite.com vprewitt@gcgpr.com

URL: businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.

Copyright (C) 2001 Business Wire. All rights reserved.

-0-


KEYWORD: MASSACHUSETTS
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS
E-COMMERCE
HARDWARE
INTERNET
SOURCE:
NaviSite

*** end of story ***
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext