To: MulhollandDrive who wrote (592 ) 6/9/1999 10:41:00 AM From: William F. Wager, Jr. Respond to of 3664
docSpace Chooses Exodus' World Class Internet Data Center New Hosting Enhances Speed and Security Of docSpace Carrier-Class File Services MENLO PARK, Calif.--(BUSINESS WIRE)--June 9, 1999--The docSpace(TM) Company, leading provider of secure Web-based file delivery and storage applications, today announced that all of its mission-critical file services will be hosted by Exodus Communications(TM), Inc. (NASDAQ:EXDS), a leading provider of Internet system and network management solutions for enterprises with mission-critical Internet operations. Exodus' world class Internet Data Centers (IDCs) offer state-of-the-art security, systems management and network services. A growing demand for docSpace business services precipitated the move to Exodus. Exodus' IDCs meet docSpace's needs for banking grade security and increased hosting space, power, scalability and bandwidth. The move enables docSpace to continue providing its growing business client base with secure, reliable services. "We're pleased to offer docSpace the added security and reliability they need to continue providing to their customers and partners," said Ellen Hancock, President and CEO of Exodus Communications. "Exodus will enable docSpace clients to benefit from end-to-end security and redundancy, and a safe, highly-available Web environment to handle mission critical documents on the Web." The growing demand of businesses for managed file services such as those offered by docSpace is representative of the explosive growth of Business Process Outsourcing (BPO). Industry analyst firm Dataquest predicts that the BPO market will grow to more than $58 billion by 2003. Businesses are realizing the benefits of using docSpace's carrier-class file services, and docSpace is responding with a world class data center to offer the security, redundancy and scalability required to fulfill their needs. "Our customers, including the Microsoft Network (MSN), already trust docSpace's banking grade security to run docSpace services on their behalf," said Evan Chrapko, President and CEO, The docSpace Company. "Now our customers enjoy even more secure services with the robust Internet connectivity that Exodus provides. Exodus vaults our 'document space' into the forefront of managed file services, and puts us in a league with neighbors like Hotmail and Yahoo!" About Exodus Communications - exodus.net Exodus Communications is a leading provider of Internet system and network management solutions for enterprises with mission-critical Internet operations. The company manages Internet Web sites and its network infrastructure from nine Internet Data Centers (IDCs) located throughout the world. Exodus currently has IDCs located in the San Francisco (3), Los Angeles, New York, Boston, Washington, D.C. (2), and Seattle metropolitan areas and a server hosting site in London. The Company has announced the planned addition of nine additional IDCs and three international server hosting sites by the end of 1999, bringing the total number of Exodus sites to 21 worldwide. Exodus' wholly owned subsidiary, Arca Systems, is a premier provider of advanced network and system security consulting services. Arca designs and develops state-of-the-art security technology solutions for complex and sensitive information networks and systems. More information on Exodus can be found at exodus.net . About The docSpace(TM) Company Inc. - docspace.com The docSpace Company provides award-winning Web-based applications for file delivery, storage and collaboration using just a Web browser. docSpace is advancing the Internet explosion by delivering a fully integrated family - a "document space" - of secure, carrier-class file services. Its patent pending docSpace Enterprise(TM) is the scalable, Web-based platform that runs the docSpace services: docSpace Express(TM), docSpace Drive(TM) and docSpace Direct(TM). docSpace markets its services through a worldwide network of top-tier ISPs and Internet portal sites including The Microsoft Network (MSN), and supports the file services needs of Fortune 500 companies such as Ogilvy & Mather. docSpace is privately owned venture-backed company. The docSpace(TM) Company's home page on the World Wide Web: docspace.com . docSpace is a trademark of The docSpace Company Inc. Exodus Communications, Exodus and Arca Systems are trademarks for Exodus Communications, Inc., and may be registered in certain jurisdictions. All other trademarks are owned by their holders and respectively acknowledged. All rights reserved.
--Bill