Its making a move today...........any other news?
BusinessWire, Monday, September 13, 1999 at 08:10
SAN FRANCISCO--(BUSINESS WIRE)--Sept. 13, 1999--
Digital Island Manages NetGravity's AdCenter Traffic
to International Customers and Strengthens NetGravity's
Global Ad Serving Capabilities
Digital Island, Inc. (NASDAQ:ISLD), a leading provider of
network services for globalizing e-Business applications, announced
today that NetGravity, Inc. (NASDAQ:NETG), a leader in interactive
marketing management solutions, is using Digital Island to serve its
customers' ads in Europe and Asia.
Since using Digital Island's network services, NetGravity has
seen significant improvement in the speed, consistency and reliability
of international ad delivery. Ad banner distribution in Europe and
Asia based on Digital Island's network represents more than 20% of all
of NetGravity's AdCenter traffic worldwide. The Digital Island
Intelligent Network helps NetGravity ads appear as though they reside
locally, providing a superior end-user experience.
"Digital Island's delivery system and network provides us with a
flexible hosting arrangement that allows us to manage our machines in
a way that best serves our customers," said Eric W. Spivey, president
and CEO of NetGravity. "Using this distributed network, NetGravity is
able to offer its customers a reliable ad delivery vehicle, while
providing unbeatable performance based on local delivery of ad
content."
"Digital Island is dedicated to providing the best end-user
experience in order to promote customer retention and loyalty," said
Ruann F. Ernst, president and CEO of Digital Island. "Our network
services help companies such as NetGravity deliver content in multiple
countries in a consistent, reliable, fast and secure manner."
NetGravity is distributing its entire international AdCenter
infrastructure from Digital Island's hardened data centers in Honolulu
and London. Leveraging Digital Island's hosting services, NetGravity
consolidated multiple data centers into a single, fully redundant
environment, which offers NetGravity customers maximum uptime for ad
delivery. Digital Island's Local Content Managers (LCMs) provide
NetGravity with a local presence for content delivery to its customers
in Europe and Asia.
NetGravity is a leading provider of mission-critical online
advertising and direct marketing solutions. NetGravity delivers a
range of comprehensive software and service solutions to reliably
manage, target and analyze online campaigns. The Company's worldwide
customer base numbers more than 400, including many of the leading
e-Business sites, advertising agencies, and web publishers. NetGravity
was founded in 1995 and has headquarters in San Mateo, Calif.
NetGravity's common stock trades on The Nasdaq Stock Market(SM) under
the symbol NETG. On July 13, 1999, NetGravity announced that it had
entered into an Agreement and Plan of Merger and Reorganization with
DoubleClick Inc., pursuant to which DoubleClick has agreed to acquire
NetGravity. The intended merger is expected to close early in the
fourth quarter of 1999, subject to the satisfaction of customary
closing conditions, including certain regulatory approvals and the
approval of the stockholders of NetGravity. For more information,
please call 650/425-6000 or visit netgravity.com.
Digital Island(R) is a leading provider of network services for
globalizing e-Business applications. Digital Island serves companies
that need to securely and consistently extend business-critical
applications for marketing, selling, servicing, or distributing
products via the Internet. Digital Island's service includes global
content distribution and hosting, the localization of end-user online
experiences, and a reliable global Intelligent Network, all of which
are designed to deliver the right content, to the right customer, in
the right market, at the right time. The Company has regional data
centers in New York, Santa Clara, Honolulu, London, and Hong Kong,
connecting directly into 19 countries with Local Content Managers in
more than 10 markets worldwide to provide the ubiquity and reach of
the public Internet with the quality and functionality normally
available only in a corporate wide-area network. www.digitalisland.net
Important Notice
Digital Island is a registered trademark of Digital Island, Inc.
All other trademarks are properties of their respective owners.
This release may contain forward-looking statements that involve
risks and uncertainties. Important factors which could cause actual
results to differ materially from those in the forward-looking
statements, include but are not limited to: the company's short
operating history which makes it difficult to predict its future
results of operations; the company's history of operating losses and
expected future losses which could impede its ability to address the
risks and difficulties encountered by companies in new and rapidly
evolving markets; the company's future operating results could
fluctuate which may cause volatility or a decline in the price of the
company's stock; the company may not be able to price its services
above the overall cost of bandwidth causing its financial results to
suffer; and other factors detailed in the Company's filings with the
Securities and Exchange Commission including its recent filing on Form
S-1. |
