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Technology Stocks : Internap Network Services Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Dave B who wrote (316)	4/10/2001 12:07:34 PM
From: Dave B	Respond to of 1011

American Internet Communications, LLC Announces Worldwide Expansion Through InterNAP Agreement. Business Wire, April 9, 2001 p2526 Full Text Business Editors/High-Tech Writers MIAMI--(BUSINESS WIRE)--April 9, 2001 American Internet Communications, LLC (AIC), a multinational Internet data and voice service provider, announced today that it is joining forces with Miami-based InterNAP to expand its global reach. "InterNAP continuously monitors the traffic situation over the entire Internet system, and routes data faster and more reliably than conventional Internet technology. AIC's use of the InterNAP infrastructure provides the necessary connections into 10 major carriers and avoids Internet congestion points. This supports our corporate plan to have a total of 50 points-of-presence worldwide by the end of 2001," said Network Engineer Chris Arisso. Major carriers that are part of the new infrastructure include AT&T, which will provide inter-country connections within Latin America into 40 cities in five countries, and Global Crossing, which connects the United States and Latin America using OC-192 Fiber Backbone connections. Additional carriers include UUNet, Sprint, Cable Wireless, GTE, DSI, Verio, Quest and Digex. "With these new carriers in place we now have a stronger infrastructure through which AIC can terminate originating traffic from Latin America and beyond to the rest of the world," said Arisso. Additional agreements have also been secured with three carriers that will provide worldwide switches for termination and includes a contract for satellite telecommunications services in nine African countries. AIC places software and hardware operating systems that provide connections between telephone lines and the Internet, including data and voice services for businesses and individuals. Cisco Systems, Inc. provides the company's core hardware platform. The company's Network Operating Center (NOC) in Miami monitors and maintains network operations that provide Internet Protocol telephony services, Internet access, and Internet fax services. For information, visit www.americanic.net or call 305/933-4647. COPYRIGHT 2001 Business Wire

To: Dave B who wrote (316)	4/11/2001 2:31:58 PM
From: Jibacoa	Read Replies (1) \| Respond to of 1011

I think the news that gave a little boost to INAP's shares yesterday was the one from Japan and their dealings with NTT: TOKYO, April 10 /PRNewswire/ -- Internap Network Services Corporation (Nasdaq: INAP - news), NTT-ME Corporation and Nippon Telegraph and Telephone Corporation (NYSE: NTT - news) announced today at a ribbon-cutting ceremony in Tokyo that the companies have completed a joint venture agreement and formed Internap Japan Co., Ltd. Atsushi Yano has been named the new company's Chief Executive Officer. With further explanations today: TOKYO (Reuters) - InterNAP Network Services Corp (NasdaqNM:INAP - news) and Japan's NTT (9432.T) group said on Wednesday they have formed a joint venture to offer high-speed connectivity services for Internet service providers (ISPs) and other corporate clients. The services, which would speed up Internet connectivity by bypassing traffic congestion through InterNAP's patented technology, are already well-established in the United States. The U.S.'s InterNAP owns 51 percent of the venture, called Internap Japan Co Ltd, capitalized at 350 million yen ($2.82 million). Nippon Telegraph and Telephone Corp (NTT) holds nine percent, while unit NTT ME Corp has 40 percent. Bernard