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MARC ANDREESEN JOINS CACHEFLOW BOARD OF DIRECTORS
Netscape Co-Founder Makes Equity Investment in
Internet Caching Appliance Company
Sunnyvale, CA – November 2, 1999 -CacheFlow Inc., a leading provider of Internet caching appliances, announced today that Internet pioneer Marc Andreessen has joined its Board of Directors and taken an equity stake in the company.
Marc Andreessen co-developed the first widely-used Web browser, Mosaic, and co-founded Netscape Communications in 1994. He served as Chief Technology Officer and later Executive Vice President of Products and Marketing for Netscape until 1999, when the company was purchased by America Online. Andreessen continued in the role of CTO for AOL until September of 1999. Today, Andreessen is co-founder and chairman of Loudcloud Inc. and invests in and advises Internet-related technology companies.
"We started Netscape with the dream of making the Internet global and pervasive, so that anyone can access information from anywhere, anytime", said Andreessen. "Now that this vision has been largely realized, the next stage is to evolve the Internet into a fully interactive medium. To do this requires vastly improved performance as well as content control mechanisms to personalize the experience. CacheFlow helps to solve this problem by intelligently managing content close to users, so that the inefficiencies of the Internet are minimized and content control policies can be implemented. My relationship with CacheFlow is based on our shared goal of delivering a great online experience to anyone using a Web browser."
"We are excited to welcome Marc to our Board of Directors", said Brian NeSmith, President and CEO of CacheFlow. "His technology expertise, business acumen, and industry foresight will be extremely valuable as CacheFlow tackles the challenges of helping to build a truly interactive Internet infrastructure."
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