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Technology Stocks : RealNetworks (NASDAQ:RNWK)

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To: Dealer who wrote (4105)9/7/1999 9:12:00 AM
From: Dealer  Read Replies (1) of 5843
 




RECENT EVENTS



9/07/99 - Digital Island Announces Relationships With RealNetworks, Inktomi to Build First Global Streaming Media Network

SAN FRANCISCO, Sep 7, 1999 (BUSINESS WIRE) --

Intelligent Global Network and Content Distribution Innovators to
Enable Controlled, High-Quality Delivery of Streaming Audio and
Video to End Users

Digital Island, Inc. (NASDAQ: ISLD), a leading provider of network services for globalizing e-Business applications, announced today relationships with RealNetworks(TM), Inc. (NASDAQ: RNWK), and Inktomi Corp. (NASDAQ: INKT) to build the first global streaming media network. This streaming ability adds to Digital Island's existing e-Network services.

In a pioneering step to provide controlled high-quality streaming video and audio to Internet users worldwide, Digital Island will further enhance its global Intelligent Network by integrating RealNetworks' RealSystem(TM) G2 advanced media delivery and distributed networking technologies and media-caching technologies from Inktomi.

As well as providing an extremely high-quality experience for online viewers and listeners, this advanced global network service will be the first geographically aware streaming service, giving music and video distributors the means to control distribution of their content by country, using Digital Island's TraceWare(TM) technology.

TraceWare, which acts like an Internet atlas, allows media distributors to comply with the commercial terms of their distribution agreements, by enabling the granting or restricting of user access to content on a per-country basis.

"Successful e-Business demands an advanced network solution that distributes content quickly and consistently worldwide," said Ruann F. Ernst, president and CEO of Digital Island. "This innovative streaming media service enables high-quality delivery of content to the end user and most importantly is geographically intelligent, allowing our customers to control the commercial delivery of video and audio by region."

Other key innovations of Digital Island's global streaming media network service include:

-- RealNetwork's RealSystem G2 to provide award-winning advanced
media delivery capabilities, including intelligent stream
routing, load balancing, and support for SureStream delivery of
RealAudio(R) G2 and RealVideo(R) G2;
-- Inktomi Traffic Server(TM) Media Cache Option to cache audio and
video content at Digital Island's Local Content Managers,
enabling the delivery of content from local sites to users in
more than 10 countries;
-- Digital Island's Intelligent Network connecting its worldwide
data centers and Local Content Managers for global content
distribution and management, and its TraceWare technology for
controlling the distribution of content by country.

The first implementation of the new global streaming media service will be available in October 1999.

RealNetworks, Inc., based in Seattle, is the recognized leader in streaming media delivery for the Internet. It develops and markets software products and services designed to enable users of personal computers and other consumer electronic devices to send and receive audio, video and other multimedia services using the Web. www.real.com

Inktomi (pronounced INK-tuh-me), develops and markets scalable software designed for the world's largest Internet infrastructure and media companies. Inktomi's two areas of business are portal services, comprised of the search, directory and shopping engines, and network products comprised of the Traffic Server network cache and associated value-added services. www.inktomi.com

Digital Island(R) 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, servicing, or distributing products via the Internet. Digital Island's service includes global content distribution and hosting, the localization of end-user online experiences, 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 19 countries with Local Content Managers in 10 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

Note to Editors: Digital Island is a registered trademark of Digital Island, Inc. All other trademarks or registered 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.

Copyright (C) 1999 Business Wire. All rights reserved.
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CONTACT: Digital Island
Aine Muldoon, 415/738-4168
amuldoon@digitalisland.net

WEB PAGE: businesswire.com


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