Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Boplicity who wrote (1147)	12/17/1999 10:14:00 PM
From: Jenne	Respond to of 1884

Digital Island Announces That Ruann F. Ernst is Appointed Chairman of the Board Digital Island's CEO Replaces Ron Higgins, Who Was Founder and Chairman of the Company SAN FRANCISCO--(BUSINESS WIRE)--Dec. 17, 1999--Digital Island, Inc. (Nasdaq:ISLD - news), the leading e-Business Delivery Network, announced today the appointment of Ruann F. Ernst as chairman of the board, effective immediately. Ernst replaces Ron Higgins, founder and current chairman of Digital Island, who has stepped down to pursue private business and entrepreneurial interests. ''Ruann and I share a common vision for the future of Digital Island, and I am confident that under her continued leadership the team will further strengthen the company's competitive position within the industry,'' Higgins said. ''Ruann has led the company through a tremendous period of growth, and as chairman she can further leverage her extensive technical and management experience to take Digital Island to the next level.'' ''Ron's vision, management and entrepreneurial talents were critical ingredients to getting Digital Island successfully launched and on the road to success,'' Ernst said. ''We wish Ron the very best in the next chapter of his career.'' In October 1999, Digital Island, Inc. and Sandpiper Networks, Inc. announced an agreement to merge. Digital Island® 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, supporting or distributing products via the Internet. Digital Island's e-Network Services include global content distribution and hosting services, localization of the end user online experience 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 21 countries with Local Content Managers in more than 13 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 and Sandpiper Networks are registered trademarks of Digital Island, Inc and Sandpiper Networks, 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.