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Technology Stocks : InterNAP Network Services INAP

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To: William F. Wager, Jr. who wrote ()9/24/1999 3:18:00 PM
From: William F. Wager, Jr.   of 3
 
InterNAP Network Services Corporation is a leading provider of
fast, reliable and centrally managed Internet connectivity services
targeted at businesses seeking to maximize the performance of
mission-critical Internet-based applications. Customers
connected to one of the Company's Private-Network Access
Points ("P-NAPs") have their data optimally routed to and from
destinations on the Internet in a manner that minimizes the use
of congested public network access points and private peering
points. This optimal routing of data traffic over the multiplicity of
networks that comprise the Internet enables higher transmission
speeds, lower instances of packet loss and greater quality of
service.

The Company began selling Internet connectivity services from
its first P-NAP, located in Seattle, during October 1996. We
currently operate P-NAPs in seven cities across the U.S.:
Seattle, San Francisco, Los Angeles, New York, Washington
D.C., Chicago and Boston. In addition, we expect to complete
the deployment of five additional P-NAPs in the United States by
the end of 1999, bringing the total number of P-NAPs to 12 by
the end of 1999.

InterNAP currently provides its high quality Internet connectivity
services to over 130 customers, including Amazon.com, Fidelity
Investments, Go2Net, ITXC, TheStreet.com, WebTV Networks
and many others - including many local and regional ISPs. Our
customers are primarily businesses that desire high performance
Internet connectivity services in order to run mission-critical
Internet-based applications. We believe customers will continue
to demand the highest quality of service as their Internet
connectivity needs grow and become even more complex.
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