Internap Japan Launches Service in Tokyo.
PR Newswire, July 11, 2001 pNA
Full Text
TOKYO, July 11 /PRNewswire/ --
Internap Japan Co, Ltd., the joint venture between Internap Network Services Corporation (NASDAQ: INAP), NTT-ME Corporation and Nippon
Telegraph and Telephone Corporation (NYSE: NTT), announced today the service launch of its Tokyo Service Point.
"Bringing our Service Point on line today with new customers is a momentous occasion for Internap Japan because we believe our service will
enhance the reliability and performance of Internet connectivity for Japanese businesses," said Atsushi Yano, CEO of Internap Japan. "We believe
our service will help alleviate the potential bottlenecks caused by the tremendous growth in broadband and wireless IP use in Japan."
Internap Japan provides managed, high-performance connectivity service in the world's second largest Internet market by combining Internap's
intelligent routing service and technology and NTT's strong and established Japanese marketing footprint and operational expertise. Internap's
technology and infrastructure provide an intelligent "overlay" on top of the public Internet for traffic routing optimization and management. Using this
Overlay Network, Internap Japan expects to provide benefits, such as superior reliability and scaling, not obtainable from other providers in the
Japanese market.
Internap Japan is 51 percent owned by Seattle-based Internap Network Services, 40 percent by NTT-ME Corporation and 9 percent by NTT-ME's
parent company Nippon Telegraph and Telephone Corporation.
About NTT-ME
Founded in 1999 in Tokyo, NTT-ME offers Total IT Business Solutions, from consulting to after-sale support. NTT-ME integrates the experience and
know-how that have been garnered by member companies of the NTT Group through its extensive resources and dedication building numerous
large-scale systems and offers them as solutions that can be easily applied for use by anyone, from large corporations to small home offices. Specific
services include the ASP service which provides the latest applications for download via the Internet, solution packages such as Web sites and LAN-
or WAN-related products, the SI service that proposes and builds customized systems, practical training courses, and special solutions addressing
such issues as user support and security. To create more advanced multimedia environment and effectively respond to the increasingly diverse
needs of clients, NTT-ME offers its XePhion ultra-high-speed, broadband, next-generation IP network service utilizing fiber optics. NTT-ME also
provides the MM24 support and maintenance service for clients' networks, available 24 hours a day, 365 days a year, to ensure that its multimedia
services are operating flawlessly in both business and everyday life.
About Internap
Founded in 1996 in Seattle, Internap provides Internet connectivity that is faster and more reliable than conventional Internet service. Internap's
patented route management technology provides direct data transmission across the major Internet backbones through a single connection from a
customer's network to one of Internap's Service Points. Internap's customers bypass congestion points on the Internet, avoiding packet loss,
latency and other difficulties that can plague conventional Internet connectivity. Internap services are currently available in numerous key markets
throughout the United States including Atlanta, Boston, Chicago, Los Angeles, New York, San Jose and Seattle. Major companies and networks
served by Internap include The NASDAQ, Datek Online, Colgate Palmolive, Earthlink, Travelocity and many others. Internap(R) and P-NAP(R) are
registered trademarks of Internap. All other trademarks and brands are the property of their respective owners. For more information, visit
www.Internap.com.
"Safe Harbor" Statement
This release may contain projections or other forward-looking statements that involve risks and uncertainties. Readers are cautioned that these
statements are only predictions and may differ materially from actual future events or results. Readers are referred to the documents filed by Internap
with the SEC, including without limitation its most recent Reports on Forms 10-K and 10-Q, which identify important risk factors that could cause
actual results to differ from those contained in the forward-looking statements, including, among other things, Internap's history of operating losses
and expected future losses, Internap's limited operating history, fluctuations in Internap's quarterly operating results, Internet infrastructure and
regulatory changes, volatility of stock price, deployment of new Service Points, integration of acquired businesses and rapid technological and
market change. All forward-looking statements are based on information available to Internap on the date hereof, and Internap assumes no
obligation to update such statements.
CONTACT: media, Bill Hankes, 206-262-3737, or bhankes@internap.com, or investors, Tim Hanson, 206-504-3742, or thanson@internap.com,
both of Internap Network Services; or Shun-ichi Kondou of Internap Japan, 81-3-5222-7577, or internap@ntt-me.co.jp; or Atsuko Namai of
NTT-ME, 81-3-5200-4457, or namai@ntt-me.co.jp.
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