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

To: William F. Wager, Jr. who wrote (1367)	10/10/1999 3:01:00 AM
From: DOUG H	Read Replies (1) \| Respond to of 3664

This is real bad reporting. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> "Ebay goes down every few weeks, and Exodus is their hoster," says Schaaf. "Exodus has experienced several outages." Indeed, on Friday, eBay announced that it was moving part of its Web hosting business to Exodus rival AboveNet Communications. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> eBay Selects AboveNet and Exodus for Technology Outsourcing PR Newswire - October 08, 1999 08:16 SAN JOSE, Calif., Oct. 8 /PRNewswire/ -- eBay(R) (Nasdaq: EBAY) (www.ebay.com), the world's leading person-to-person online trading community, today announced that it is outsourcing its backend Internet technology to AboveNet Communications and Exodus Communications (Nasdaq: EXDS), as the company moves to create a utility-like service for its 5.6 million customers worldwide. By expanding its current relationship with Exodus and bringing AboveNet on board, eBay is outsourcing Web servers, database servers and Internet routers as well as relying on the companies to provide increased network bandwidth for its millions of active buyers and sellers. (Photo: newscom.com newscom.com ) "Millions of people rely on eBay to do business and pursue their collecting passions, and having our technology hosted at Exodus and AboveNet will help us manage network capacity and provide a more robust Web backbone," said Bob Quinn, eBay's Chief Information Officer. "These companies are market leaders in hosting large volume Web sites and we foresee working closely with them as eBay expands into new geographies and introduces new user services." "We are proud to expand our strong relationship with eBay," said Ellen M. Hancock, president and CEO at Exodus. "Outsourcing Web site operations to Exodus enables companies like eBay to focus on their core business and provide great customer service. We intend to work together to provide eBay's customers with the performance and reliability they expect from a world-class e-commerce company." "Adding eBay, one of the most innovative and exciting e-commerce companies on the Internet, to our list of clients is a positive endorsement of our world-class facilities and network, and a strong validation of our business strategy," said Sherman Tuan, AboveNet co-founder and chairman. "AboveNet's state-of-the-art network and services help companies like eBay build strong relationships with their customers by providing their end-users with round-the-clock Web access even during peak traffic periods. We are committed to giving eBay's valued customers a truly exceptional Internet experience." About AboveNet and Metromedia Fiber Network Metromedia Fiber Network Inc. (Nasdaq: MFNX) recently acquired AboveNet Communications, the architect of the global one-hop network and a leading provider of Internet connectivity and co-location solutions for high-bandwidth and business critical applications. The combined company will facilitate the explosive growth of e-commerce and advanced Internet applications by delivering secure, reliable and scaleable optical networks to Internet content and service providers, carriers and enterprise users, worldwide. For more information on AboveNet and its service offering call 800-475-2733 or visit the company's Web site at www.above.net. For more information about Metromedia Fiber Network, please visit the company's Web site at www.mmfn.com.