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Technology Stocks : AboveNet Communications, Inc. (ABOV)

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To: KS who wrote (807)8/3/1999 9:49:00 AM
From: KS  Read Replies (1) of 835
 
August 03, 1999 09:18

Atomz.com and AboveNet Partner to Deliver Mission-Critical Hosted
Applications; Atomz.com's Advanced Search E-Service Powered By
AboveNet's Reliable High-Bandwidth Network

SAN FRANCISCO--(BUSINESS WIRE)--Aug. 3, 1999--Atomz.com, (http://www.atomz.com), a new Internet company that delivers mission-critical e-services to Web sites, today announced a partnership with AboveNet (Nasdaq:ABOV), the architect of a global one-hop network that brings together high-bandwidth content site, ISPs, and Applications Service Providers (ASPs) in centralized co-location facilities.

AboveNet will provide Atomz.com with high-bandwidth Internet connectivity, and superior fault-tolerant co-location services in its San Jose Internet Exchange (ISX) to facilities, which will enable Atomz.com to better serve its fast growing number of customers.

Atomz.com delivers industry-leading hosted applications and e-services, including their premiere service, Atomz.com Search -- a free, fully-customizable search engine for Web sites.

"Atomz.com's hosted applications and e-services offer true value to Internet-centric companies," said Dave Dembitz, AboveNet's Senior Vice President, Sales and Marketing. "It's feature-rich offering makes
it easy for these companies to learn what their customers are looking for when they come to their Web site, and use this important information to refine their marketing. We are pleased that Atomz.com has selected AboveNet to be its connectivity solution provider."

"AboveNet's fast, reliable, high-performance network will make the experience of searching for information a positive one for visitors to our customers sites, so they will be more likely to keep coming
back to those sites," said Steve Kusmer, President and CEO of Atomz.com. "AboveNet's service delivers the cleanest bandwidth - a tremendous 10.5 Gbps -- the most bandwidth available at any
co-locations facility. And, with AboveNet's private and peering agreements with more than 250 ISPs around the world, our customers will have a powerful international presence."

Atomz.com serves corporate, small business, and individual web developer customers with Web sites from 10 to over 10,000 pages. Having launched their company and the service last month, thousands
have already begun using Atomz.com Search on their Web sites. The Atomz.com Search engine has been built from the ground up for remote site indexing and searching.

The basic Atomz.com Search service is free, and the company also offers a premium service that allows regularly scheduled indexing and support for high capacity and high throughput sites.

About AboveNet Communications Inc.

AboveNet Communications Inc. is a premier provider of Internet connectivity and co-location solutions for high-bandwidth and business-critical operations.

AboveNet, headquartered in San Jose, Calif., is the architect of the Internet Service Exchange(TM) (ISX(TM))-- a world class network that provides co-location services and Internet connectivity for Content
Providers, ISPs and Applications Service Providers (ASPs).

The AboveNet Global One-Hop Network is designed to deliver fast, scalable and reliable connections to the Internet and improves the Internet experience for end-users. With its Tier 1 status and ISO 9002
certification, AboveNet is seeking to serve the global community of the Internet.

For more information on AboveNet and its service offerings, call 800/475-2733, or visit the company's Web site at www.above.net.

About Atomz.com

Atomz.com creates Web sites that provide mission-critical e-services to Web developers and offers a free, fully customizable search engine for any Web site. The service features in-context display of
search results, with no software to install and no banner advertising required.

Atomz.com Search service is the premiere site search service used by customers such as Lycos' (Nasdaq:LCOS) Webmonkey site and many others. Atomz.com has developed a high-performance framework and clustering technology for hosted applications. A privately held company, Atomz.com is based in San Francisco. For more information, visit the company Web site at atomz.com.

The statements contained in this press release that are not purely historical are forward looking statements within the meaning of section 21E of the Securities Exchange Act of 1934, as amended,
including statements regarding the company's expectations, beliefs, hopes, intention or strategies regarding the future. Factors that could cause or contribute to such differences include risks related to
the company's services, including network scalability and Internet connectivity, the ability to maintain and increase peering relationships intense competition, and other factors and risks discussed from in AboveNet's reports filed from time to time with the Securities and Exchange Commission, including AboveNet's quarterly report on From 10-Q for the three months ended March 31, 1999.

Note to Editors: Atomz.com, Atomz and Atomz.com Search are trademarks of Avivo Corporation.

AboveNet, Internet Service Exchange, ISX and AboveNet Global One-hop Network are trademarks of AboveNet Communications, Inc. All other company or brand names may be trademarks of the respective companies with which they are associated.

CONTACT: Atomz.com
Steve Kusmer, 415/242-0400
skusmer@atomz.com
or
McLean PR (for Atomz.com)
Kim Hartley, 650/685-3850 or 408-806-9585
kim_hartley@mcleanpr.com
or
AboveNet Communications
Rose Marr, 408/367-6681
rose@above.net
or
The Weber Group (for AboveNet)
Tiffany Francis, 650/463-8642
tfrancis@ca.webergroup.com

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