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Technology Stocks : METROMEDIA FIBER NETWORK (MFNX) -- Ignore unavailable to you. Want to Upgrade?

To: Neil H who wrote (834)	2/14/2000 7:58:00 AM
From: Neil H	Respond to of 1983

Monday February 14, 7:29 am Eastern Time Company Press Release NewMoon.com Selects AboveNet to Deliver New Moon's ASP Hosting Services SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 14, 2000--NewMoon.com, a Silicon Valley startup delivering turnkey ASP hosting solutions for Windows applications, today announced that it has selected AboveNet Communications Inc., a subsidiary of Metromedia Fiber Network, Inc. (Nasdaq:MFNX - news), to provide the Internet services for New Moon Hosting Services. AboveNet Communications is the architect of a global one-hop network that brings together high-bandwidth content sites, ISPs, and Application Service Providers in centralized co-location facilities. New Moon Hosting Services is a complete turnkey ASP solution, consisting of application delivery and ASP infrastructure technologies, co-located in AboveNet's data center. This service gives software vendors the ability to quickly become ASPs and deliver their Windows applications via the Web to customers anywhere. New Moon is co-locating its data centers at AboveNet's San Jose Internet Service Exchange (ISX) facility, and will complete the move by March 1. AboveNet's fault-tolerant, scalable, high-bandwidth Internet connectivity will enable customers of New Moon Hosting Services to obtain secure and reliable access to hosted applications. ``Our unique technology and services allows Windows application publishers and resellers to become an ASP within weeks and to quickly generate a service-based revenue stream,' said Marc Lowe, president and CEO of NewMoon.com. ``We chose to co-locate with AboveNet because it's critical to our business that we can guarantee our customers fast, secure, uninterrupted access to their applications.' ``We're pleased that New Moon has recognized our high standards of network performance,' said David Rand, chief technology officer of Metromedia Fiber Network and AboveNet. ``Rapidly growing companies like New Moon know AboveNet is committed to giving their customers scalable and reliable access to their business-critical sites.'