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Technology Stocks : Exodus Communications, Inc. (EXDS) -- Ignore unavailable to you. Want to Upgrade?

To: Pruguy who wrote (939)	7/26/1999 3:47:00 PM
From: William F. Wager, Jr.	Read Replies (1) \| Respond to of 3664

Entertainment Leaders Team With Exodus for Around-The-Clock Internet Hosting and Management SANTA CLARA, Calif.--(BUSINESS WIRE)--July 26, 1999-- Summer 1999 Box Office Sales Hotter Than Ever; From Columbia TriStarInteractive to AOL MovieFone, Motion Picture Industry Serves Up Movie Information and Ticket Sales Online This summer, success on the silver screen is closely linked to success on the computer screen: from trailers to promotional events and ticket sales, leaders of the film industry rely heavily on the Internet to make the most of box office potential. Companies such as Columbia TriStar Interactive (a division of Sony Pictures Entertainment) and AOL MovieFone have teamed with Exodus Communications(TM) Inc. (Nasdaq:EXDS), the leader in complex Internet hosting and managed services, to offer extensive background information, sweepstakes opportunities and ticket sales, all available online. Columbia TriStar Interactive, AOL MovieFone and other entertainment industry giants have servers located in Exodus(TM) Internet Data Centers (IDCs) and utilize Exodus' high-speed, redundant backbone and network management expertise to handle the ever-growing demand on their Websites. Film fans can find out the latest on new releases such as "Arlington Road" and "Muppets from Space," and on upcoming releases such as "Dick." They can also catch up on Adam Sandler and the hit film "Big Daddy," and enter the "Big Daddy" Sweepstakes to win a trip to New York City. "With some of the top summer movies and more than 500,000 Website subscribers, it's important for us to meet moviegoers' expectations that they'll find out the latest scoop on films," said Ira Rubenstein, vice president, marketing at Columbia TriStar Interactive. "Exodus has proven to us that even with an ever-growing number of fans joining our site, we cannot outgrow Exodus' capacity to deliver information." AOL MovieFone.com is a comprehensive site where the online community can buy movie tickets with one click of a button, scan viewers' comments on new releases and watch trailers to help them decide what films to see. According to Box Office Guru, July is the hottest month for movie-going, and last year generated 11 percent of total ticket sales revenues. AOL MovieFone sold three million tickets and logged 25 million user sessions online in 1998, and is well on the way to surpassing this figure only half way through 1999. "AOL MovieFone has seen a strong increase in usage of our services which shows that today's moviegoers are demanding instant access to listings and tickets," said Philip Talamas, director of operations at AOL MovieFone. "We chose Exodus because we needed peace-of-mind that one of our revenue sources -- online ticket sales -- would be in the hands of people/facilities with a reputation for reliability and performance." Despite being a week shorter than the 1998 summer season (defined as the Friday of Memorial Day weekend through Labor Day), AC Nielsen reports that 1999 box office sales through July 18 have outpaced last year's revenues by 5.2 percent. "We are proud to be working with leaders in the entertainment industry, such as Columbia TriStar Interactive and AOL MovieFone, to help them meet the demands of diverse audiences nationwide," said Ellen M. Hancock, president and CEO of Exodus. "Performance, around-the-clock reliability and the ability to respond to and grow with the interests of thousands of people nationwide is the deciding factor for success of these companies. We deliver the best managed services, network connectivity and facilities, so our customers can focus on serving up great entertainment online."