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

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To: MrGardener who wrote (965)11/8/1999 9:04:00 AM
From: Susan Saline   of 1884
 
Monday November 8, 7:59 am Eastern Time

Company Press Release

Digital Island Announces AristaSoft as a Strategic Partner to Deliver E-Business Applications Worldwide

Digital Island's e-Network Services Enable AristaSoft's Customers to
Successfully Extend e-Business Initiatives with Excellent End-User
Experience Worldwide

SAN FRANCISCO--(BUSINESS WIRE)--Nov. 8, 1999-- Digital Island, Inc. (NASDAQ:ISLD - news), a leading provider of network services for globalizing e-Business applications, and AristaSoft Corp., the world's first Industry-focused Application Solutions Provider, announced a strategic partnership today to extend e-Business initiatives of emerging high-tech companies worldwide.

AristaSoft provides integrated solutions that span the entire enterprise application lifecycle - from implementation and user
support, to system and network management - for emerging high-tech e-Businesses. By using Digital Island's e-Network Services as the platform for delivering enterprise-level solutions, AristaSoft allows its customers to successfully market and sell products and services worldwide by ensuring an excellent end-user experience.

''AristaSoft's outsource solution provides emerging e-Businesses access to the power of world-class enterprise software at a fraction of the cost and risk associated with traditional application ownership,'' said Drew Hoffman, CEO of AristaSoft. ''With the help of Digital Island, we can enable small and medium-sized companies to operate in Internet time and compete with larger and more established corporations.''

''Application service providers such as AristaSoft uses Digital Island's e-Network Services to globally extend their service offerings and provide customers with the high-quality performance needed to effectively conduct e-Business worldwide,'' said Ruann F. Ernst, president and CEO of Digital Island. ''As the ASP industry grows more competitive, Digital Island will continue to provide the most consistent, reliable, fast, secure, and locally relevant network services for global e-Business applications.''

AristaSoft provides a Tier-1 ERP application to high-growth companies that are sensitive to initial and operating costs of managing such an environment. AristaSoft's full service solution includes initial implementation and completely managed operation that is tailored to the needs of small and mid-sized businesses, specifically those in high-technology industries.
AristaSoft, headquartered in Silicon Valley, is funded by Crosspoint Venture Partners. AristaSoft partners with J.D. Edwards & Co. - a leading provider of Tier-1 ERP applications. www.aristasoft.com

Digital Island® is a leading provider of network services for globalizing e-Business applications. Digital Island serves companies that need to securely and consistently extend business-critical applications for marketing, selling, supporting, or distributing products via the Internet. Digital Island's e-Network Services include global content distribution and hosting services,
localization of the end user online experience and a reliable global Intelligent Network, all of which are designed to deliver the
right content, to the right customer, in the right market, at the right time. The Company has regional data centers in New York, Santa Clara, Honolulu, London and Hong Kong, connecting directly into 21 countries with Local Content Managers in 13 markets worldwide to provide the ubiquity and reach of the public Internet with the quality and functionality normally available only in a corporate wide-area network. www.digitalisland.net

Important Notice

Digital Island is a registered trademark of Digital Island, Inc. All other trademarks are properties of their respective owners.

This release may contain forward-looking statements that involve risks and uncertainties. Important factors which could cause actual results to differ materially from those in the forward-looking statements, include but are not limited to: the company's short operating history which makes it difficult to predict its future results of operations; the company's history of operating losses and expected future losses which could impede its ability to address the risks and difficulties encountered by companies in new and rapidly evolving markets; the company's future operating results could fluctuate which may cause volatility or a decline in the price of the company's stock; the company may not be able to price its services above the overall cost of bandwidth causing its financial results to suffer; and other factors detailed in the Company's filings with the Securities and
Exchange Commission including its recent filing on Form S-1.

biz.yahoo.com
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