>>>Man they are a PR machine - look at all those alliances.<<< Lol! Yes indeed, and they put out another PR this am with EDS.
EDS Expands Relationship With Akamai to Provide Next-Generation E-Business Web Hosting Services
EDS' Comprehensive Web Hosting Services to Include Akamai's EdgeSuite(SM) Service
EDS-Akamai Relationship Targets High-Growth Worldwide Market for Content Delivery
PLANO, Texas and CAMBRIDGE, Mass., May 21 /PRNewswire/ -- EDS (NYSE: EDS - news) and Akamai Technologies, Inc. (Nasdaq: AKAM - news) today announced an agreement to offer Akamai's EdgeSuite service with EDS' world class hosting services.
The addition of EdgeSuite to EDS' comprehensive range of hosting services creates an optimal solution for enterprise customers looking to maximize site performance and reliability when delivering business-critical Web applications. Built upon Akamai's global edge network, EdgeSuite is the first suite of integrated services that allows clients to reap the benefits of content delivery across an entire Web site -- including static and dynamic content, embedded objects, streaming media, applications and HTML.
``Combining Akamai's EdgeSuite offering with EDS' world class web hosting services provides enhanced performance and greater return on clients' Web infrastructure investment,'' said Dennis Law, global service line vice president for Web Hosting at EDS. ``We're excited to add the benefits of Akamai's EdgeSuite as we continue to deliver services that offer the best possible Web performance on a global scale.''
Targeting a High-Growth Market
The worldwide content delivery services market is expected to grow to more than $2 billion by 2003, from $96.7 million in 2000 and $462.5 million in 2001, according to The HTRC Group.
Today's agreement targets this market and marks an expansion of a cross-selling relationship EDS and Akamai established in September 2000. Under the agreements, EDS became a reseller of Akamai's FreeFlow(SM) content delivery, FreeFlow(SM) Streaming media delivery and FirstPoint(SM) global traffic management services, and Akamai became a provider of EDS' Intelligent Storage Services.
Akamai's suite of services offer businesses the benefits of rapid, reliable content delivery, high-quality streaming media delivery, advanced global traffic management and other performance benefits.
``EDS' high-value hosting solutions along with Akamai's next-generation content delivery service provides superior performance and scalability for customers' mission-critical Internet applications,'' said Chris Turner, vice president, worldwide channel distribution, Akamai. ``Representing a natural next step in our relationship, Akamai and EDS continue to work closely to combine the strengths of our technologies to create value-added solutions for customers.''
About EDS
EDS, the leading global services company, provides strategy, implementation and hosting for clients managing the business and technology complexities of the digital economy. EDS brings together the world's best technologies to address critical client business imperatives. It helps clients eliminate boundaries, collaborate in new ways, establish their customers' trust and continuously seek improvement. EDS, with its management consulting subsidiary, A.T. Kearney, serves the world's leading companies and governments in 55 countries. EDS reported revenues of $19.2 billion in 2000. The company's stock is traded on the New York Stock Exchange and the London Stock Exchange. Learn more at www.eds.com.
About Akamai
Akamai is the leading Content Delivery Service Provider serving thousands of customers worldwide. Akamai has the broadest deployment of servers for content, streaming media, and applications delivery with more than 9,700 servers in 56 countries directly connected within over 650 different telecommunications networks.
Akamai Statement Under the Private Securities Litigation Reform Act
The release contains information about future expectations, plans and prospects of Akamai's management that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, the dependence on Akamai's Internet content delivery service, a failure of its network infrastructure, the complexity of its service and the networks on which the service is deployed, the failure to obtain access to transmission capacity and other factors that are discussed in the Company's Annual Report on Form 10-K and other documents periodically filed with the SEC.
The statements in this news release that are not historical statements, including statements regarding the amount of new contract values, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond EDS' control, that could cause actual results to differ materially from such statements. For information concerning these risks and uncertainties, see EDS' most recent Form 10-K. EDS disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT:
Salim Rahimi
EDS Media Relations
972-605-6793
salim.rahimi@eds.com
Caryn Converse
Akamai Media Relations
617-444-4661
converse@akamai.com
Steven Wolfe
Akamai Investor Relations
617-444-4724
swolfe@akamai.com
SOURCE: Electronic Data Systems Corporation |
