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Technology Stocks : Digital Island,Inc - (Nasdaq- ISLD) -- Ignore unavailable to you. Want to Upgrade?

To: Blue Snowshoe who wrote (375)	9/14/1999 8:36:00 AM
From: Dalin	Read Replies (1) \| Respond to of 1884

Good morning!! Some more news! BusinessWire, Tuesday, September 14, 1999 at 08:17 SAN FRANCISCO--(BUSINESS WIRE)--Sept. 14, 1999-- Albinson Brings Extensive Experience from the High-Tech Sector In Forging Relationships with Global Partners and Blue-Chip Investors Digital Island, Inc. (NASDAQ:ISLD), a leading provider of network services for globalizing e-Business applications, announced today the appointment of Christopher J. Albinson as vice president of corporate development. Albinson will draw on his extensive background in business development to drive Digital Island's corporate growth in the U.S. and around the world. He is responsible for building strategic alliances through technology development ventures, market-entry partnerships and acquisition initiatives as well as enhancing the company's relationships with financial institutions in Silicon Valley and Wall Street. "Chris augments the Digital Island management team with his deep knowledge of rapid business growth in the global marketplace," said Ruann F. Ernst, president and CEO of Digital Island. "As Digital Island helps customers penetrate major e-Business markets, we will be leveraging Chris' expertise to develop the appropriate partnerships that will the ensure our place as the leading network service provider for global e-Business applications." Prior, Albinson served as assistant vice president of affiliate products at Newbridge Networks Corp., a Canadian-based manufacturer of digital electronic network products, where he was responsible for establishing external relationships with strategic partners and investments pulling them together into a cohesive program. These activities included the acquisition of and access to leading technologies, distribution channels, and management of a $1 billion venture capital fund of 30 companies in a broad range of technologies. He also brokeraged a wide range of investment and partnership projects between Newbridge Networks and Siemens, Nokia, Ericsson, Nortel as well as major industry leaders in Europe, Israel, Japan and North America. He holds an MBA from the University of Western Ontario. 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. 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. CONTACT: Digital Island: Aine Muldoon, 415/738-4168 amuldoon@digitalisland.net