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Technology Stocks : NaviSite Inc-(NAVI)
NAVI 13.00+0.6%Dec 31 3:59 PM EST

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To: JLIHAI who wrote (317)12/1/2000 12:26:15 PM
From: Guidothecat  Read Replies (1) of 320
 
News: From todays news:

"Enterprise customers, an increasing focus of NaviSite, have become the fastest growing
category of customers for the
company in recent months. At the same time, the company has experienced growth in
all sectors,
including dot com
and independent software customers, as well as continued growth in terms of its
annualized
revenue per customer
NaviSite is scheduled to announce its fiscal Q1 results on December 12th".

biz.yahoo.com

NAVI news>>>

Friday December 1, 9:30 am Eastern Time

Press Release

NaviSite Introduces Additional Services To Help
Enterprises Launch Sites

New Services Complement Continued Growth in Enterprise Sector

ANDOVER, Mass.--(BUSINESS WIRE)--Dec. 1, 2000--NaviSite, Inc. (Nasdaq: NAVI - news)
today announced a new
set of integrated managed services designed to enable enterprise customers to rapidly deploy
and implement their
complex Internet applications. This new suite of services - Solution Analysis and Design,
Complex Project
Management and Pre-Launch Testing - cover the full cycle of implementation planning and
deployment to enable
customers to meet their business and technical objectives.

The Enterprise Site Launch Services suite consists of:

Solution Analysis and Design--This service defines and documents the technical and business
requirements for a
customer site, including detailed information on capacity requirements, performance and
scalability goals as
well as data management and security needs.
Complex Project Management--This service manages detailed implementations smoothly by
considering data
center migrations, management of multiple partners and risk mitigation planning.
Pre-Launch Testing--This service is intended to deliver maximum interoperability between the
application and
infrastructure, employing both scalability and fail-over testing to minimize risk and exposure.

These services add to NaviSite's existing solutions that address the needs of enterprises and
other customers continuing
to turn to outsourced managed application hosting services.

Enterprise customers, an increasing focus of NaviSite, have become the fastest growing
category of customers for the
company in recent months. At the same time, the company has experienced growth in all sectors,
including dot com
and independent software customers, as well as continued growth in terms of its annualized
revenue per customer.
NaviSite is scheduled to announce its fiscal Q1 results on December 12th.

About NaviSite, Inc.

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® 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,
including managed
services for streaming media. 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.

This release contains forward-looking statements based on current expectations or beliefs, as
well as a number of
assumptions about future events, and these statements are subject to important factors and
uncertainties that could
cause actual results to differ materially from those described in the forward-looking statements.
The forward-looking
statements in this release address a variety of subjects including, for example, the expected
benefits resulting from
these service offerings. The following factors, among others, could cause actual results to differ
materially from those
described in these forward-looking statements: difficulty integrating Enterprise Site Launch
Services with the
products, services and technologies of NaviSite and other providers; decisions by enterprise and
other customers to
outsource their internet operations; 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 NaviSite with the
Securities and Exchange
Commission, including its Annual Report on Form 10- K for its most recently ended fiscal year.

Contact:

NaviSite, Inc.
Mark Law
978.946.8660
mlaw@navisite.com
or
NaviSite, Inc.
David Roy
978.946.8643
droy@navisite.com
or
Beaupre & Co. Public Relations, Inc.
Darby Johnson
603.559.5809
djohnson@beaupre.com

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