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

To: Banjo who wrote (1068)	8/23/1999 12:26:00 PM
From: William F. Wager, Jr.	Read Replies (1) \| Respond to of 3664

EXDS/SUNW/CPQ deal... Exodus Unveils Rapid Deployment Initiative; Industry Leaders Compaq and Sun Join Exodus to Enable Companies to Quickly Initiate and Expand Web Operations and Increase Time-to-Market SANTA CLARA, Calif.--(BUSINESS WIRE)--Aug. 23, 1999--Exodus Communications(TM), Inc. (NASDAQ:EXDS), a leader in complex Internet hosting and managed services today announced the Exodus(TM) Rapid Deployment Initiative. The Exodus Rapid Deployment Initiative is designed to enable companies to quickly initiate, manage and expand their Web operations and global businesses through a single source -- Exodus. Through this initiative, Exodus and its partners will provide customers with the platforms, hardware, software, applications and services they need to quickly initiate and expand their Web operations. The first Exodus Rapid Deployment Initiative partners are Compaq Computer Corporation and Sun Microsystems. The Exodus Rapid Deployment Initiative initially supports the Solaris and NT platforms. As part of this initiative, Exodus is utilizing its international network of Internet Data Centers (IDCs) to provide customers with the infrastructure they need to quickly get their mission-critical Web operations up and running. The Exodus Rapid Deployment Initiative establishes Exodus as the complex Web hosting platform for growth, providing companies complete access to the platforms, hardware and software applications they require to build and maintain their global Web operations. Exodus is well positioned to provide its customers with the expertise, scalability and flexibility to help them design, deploy and manage their increasingly complex and mission-critical Internet operations. Forrester Research predicts that by 2003, 55 percent of all enterprises will be on-line. In order for businesses of all sizes to globally expand Internet operations, they will need to have their Web sites up and running quickly to save time to market. Companies need to promote their products instead of spending time building Web infrastructure and negotiating with hardware and software vendors. Enterprise customers turning to outsourcing want to ensure that their Web sites will run smoothly, and need a one-stop solution in which they can purchase the servers, the physical space and monitoring servers for hosting to ensure successful Web operations. "The Internet starts with Exodus, and with this initiative, we are providing a comprehensive platform for growth with processing power on demand," said Ellen M. Hancock, president and CEO of Exodus. "Through this new program, companies will not only be able to get their Web operations up and running quickly, but can also take advantage of Exodus professional and managed services to maintain their operations. We are committed to providing companies with the expertise and resources required to extend their enterprise to the Web and successfully manage the Internet." Exodus, with more than 1300 customers, has the largest global network of IDCs and provides premier professional and managed services to ensure optimal performance for customers' Web sites and other functions. Designed for 24 x 7 operations, Exodus IDCs are a virtual extension of the corporate enterprise. The IDCs enable companies to reduce ongoing network operating costs and take control to ensure availability of mission-critical Internet systems management expertise, which is crucial for providing reliable Internet services and quickly expanding Internet capabilities. Exodus' international network offers Internet backbone performance and best-of-breed Internet services at significant cost savings. Exodus also has more than 48 private peering relationships and more than 154 public peering relationships.