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

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To: MileHigh who wrote (1451)2/14/2000 8:33:00 AM
From: Perry Ganz  Read Replies (1) of 1884
 
Lets takeout 120 today ......story from Yahoo

Digital Island Provides FT.com With Network Services for New Financial Times Portal to Reach Consumers Worldwide
U.K. Media Giant Uses Digital Island for Content Delivery, Hosting and Network Services, With Emphasis on Aggressive U.S. Penetration
SAN FRANCISCO--(BUSINESS WIRE)--Feb. 14, 2000-- Digital Island, Inc. (Nasdaq: ISLD - news), a leading global e-Business Delivery Network, announced today FT.com as a customer, supplying critical infrastructure and network services supporting the new Financial Times portal aimed at the business community worldwide -- www.FT.com.

Digital Island is a strategic partner that provides content delivery at the edge of the network, hosting services and network services -- essentially supporting the entire FT.com site, which is owned by the Financial Times. Digital Island will play a critical role in helping FT.com gain a new online audience in the competitive U.S. market by delivering a superior experience to the ultimate consumer via locally cached and mirrored content.

``Our mission is to deliver timely news to a target audience of approximately 150 million people around the world,' said Michael Foster, managing director of FT.com. ``We firmly believe that Digital Island is capable of sustaining and growing our content and audience on a global scale in order to meet our growth projections.'

``FT.com has recognized the inherent value in Digital Island providing an integrated network services platform that allows them to greatly accelerate time to market in a segment where speed, reliability and guaranteed delivery are the hallmarks of success,' said Ruann F. Ernst, chairman and CEO of Digital Island. ``Our ability to rapidly scale enables FT.com to add new content and services such as streaming media and advertising at any time for a rich-content experience that retains and attracts customers.'

As part of the relationship, FT.com had earlier agreed to implement Digital Island's TraceWare(TM). TraceWare is an Internet atlas that determines with 96-percent accuracy what country an online customer is in adding geographically relevant intelligence to FT.com's marketing initiatives.

FT.com also takes advantage of Digital Island's interactive architecture which supports content delivery at the edge of the network as well as a secure, high-performance return path to centralized servers that typically house sensitive information critical to processing e-Business transactions.

FT.com aims to be the world's leading international business web site. It is designed to help business people succeed by providing the best quality news, analysis, and business tools available. The site attracts 1 million unique monthly visitors who generate over 20 million page views per month. Over 2 million users are registered at FT.com. The site's editorial content is driven by the world's first integrated newsroom, which produces news and comment tailored for both print and digital media. www.FT.com

Digital Island© is a leading global e-Business Delivery Network. The company's suite of application services for interactive e-Business allows customers and partners to readily integrate content delivery, hosting and intelligent networking to give the ultimate consumer a superior experience. Strategically located Data Centers in the United States, Europe and Asia are directly connected to leading access service providers in 23 countries. In addition, Digital Island operates a network of more than 1,200 content distributors across the Internet, which improves the performance and reduces the cost of hosting high-volume Web applications in target markets. This network is expected to grow to more than 6,000 content distributors in 350 locations worldwide by the year 2003.
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