(BSNS WIRE) NaviSite Signs 42 New Customers in March
NaviSite Signs 42 New Customers in March
Business/Technology Editors
ANDOVER, Mass.--(BUSINESS WIRE)--April 7, 2000--NaviSite, Inc.
(Nasdaq:NAVI), a leading ASP and Web hosting company and a
majority-owned operating company of CMGI, Inc. (Nasdaq:CMGI), today
announced that the Company signed 42 new customers during March. The
Company had previously reported that it had 196 total installed
customers at the end of the last fiscal quarter ended January 31.
Some of the new customers signed during the last month include AMR
Research, Optika, Puma Technology and Predictive Networks. Each of
these customers seeks to improve Web site and application performance
and reliability by taking advantage of NaviSite's wide range of
enhanced services for application hosting and management.
"We view this unprecedented one-month sales performance as an
indicator of our strong market opportunity, as well as NaviSite's
ability to address customer needs by delivering comprehensive
solutions for Web site and application hosting and management," said
Joel Rosen, CEO of NaviSite, Inc.
NaviSite provides proactive monitoring and secure, reliable,
high-performance hosting and management for Web sites and Internet
applications. NaviSite's value-added management services allow
customers to focus on their core business competencies by offloading
the burden of technology deployment, monitoring and management.
Outsourcing their Web operations to NaviSite allows businesses to
improve the reliability and availability of their Web sites, as well
as reduce time to market and minimize the costs associated with
developing and maintaining business networks and software
applications.
About NaviSite
NaviSite, Inc., is a leading provider of outsourced Web hosting
and application services for companies conducting mission-critical
business on the Internet. The company's goal is to help customers
focus on their core competencies by outsourcing the management and
hosting of mission-critical Web sites and applications. NaviSite is a
majority-owned operating company of CMGI, Inc. with minority
investment from Microsoft Corporation.
NaviSite's SiteHarbor(R) solutions provide secure, reliable,
co-location and high-performance hosting services, including
high-performance Internet access, and high-availability server
management solutions through load balancing, clustering, mirroring and
storage services. In addition, NaviSite's enhanced management
services, beyond basic co-location and hosting, are designed to meet
the expanding needs of businesses as their Web sites and Internet
applications become more complex and as their needs for outsourcing
all aspects of their online businesses intensify. The company's
application services, which include application hosting, management
and rental, provide cost-effective access to, as well as rapid
deployment and reliable operation of, business-critical applications.
For more information about NaviSite, please visit www.navisite.com
or by phone on the East coast call 888.298.8222, on the West coast
call 888.755.5525. NaviSite is headquartered at 400 Minuteman Road,
Andover, MA 01810.
Statement Under the Private Securities Litigation Reform Act
This release contains forward-looking statements which address a
variety of subjects including, for example, the benefits expected to
result from NaviSite's products and services and the expected growth
in NaviSite's business and customers. The following important factors
and uncertainties, among others, could cause actual results to differ
materially from those described in these forward-looking statements:
NaviSite may not sustain its rate of customer growth in the future;
NaviSite's products and technologies may not successfully interoperate
with those of third parties; NaviSite may experience difficulties
integrating technologies, operations and personnel of recent
acquisitions; increased competition and technological changes in the
markets in which NaviSite competes; and possible failure of systems or
internal infrastructure. For a detailed discussion of these and other
cautionary statements, please refer to the filings made by each of
NaviSite and CMGI with the Securities and Exchange Commission,
including the most recent Quarterly Report on Form 10-Q of NaviSite
and the Annual Report on Form 10-K of CMGI for the most recently ended
fiscal year.
Other names may be trademarks of their respective owners.
--30--kms/bos*
CONTACT: NaviSite, Inc.
Brenda Suarez
978.946.8660
bsuarez@navisite.com
or
Beaupre & Co. Public Relations, Inc.
Darby Johnson
603.559.5809
djohnson@beaupre.com
KEYWORD: MASSACHUSETTS
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS E-COMMERCE INTERNET
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