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Technology Stocks : Network Appliance -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (804)	4/1/1999 8:48:00 AM
From: Alan Newman	Read Replies (1) \| Respond to of 10934

What broker gave you shares at $35? Alan

To: Mohan Marette who wrote (804)	4/1/1999 10:15:00 AM
From: Beltropolis Boy	Read Replies (1) \| Respond to of 10934

>To my surprise I got some shares from the secondary offering for $35.00, offer price is $50.50,hope I got a good deal. the perks of being a good customer, eh? you got a deal and a half. kudos, -chris. ----- PSINet Selects NetCache FromNetwork Appliance for Distributed Web Hosting March 31, 1999 07:39 PM SANTA CLARA, Calif.--(BUSINESS WIRE)--March 31, 1999--Network Appliance, Inc. (NTAP), the leading provider of dedicated cache appliances for building the Internet's infrastructure, and PSINet Inc. (PSIX), the nation's first and largest independent commercial Internet service provider, today announced that PSINet has selected the Network Appliance NetCache technologies for an important hosting solution for NASA's Human Spaceflight Web. Caching refers to technologies that assist in balancing data traffic on Web servers. One of PSINet's most notable and heavily trafficked Web hosting sites, the Human Spaceflight Web site , now incorporates NetCache technologies. This site is one of NASA's primary mechanisms for sharing directly with the public information and activities associated with human space flight programs. PSINet has deployed NetCache for NASA in major data centers in the U.S. to distribute access to the Web site's data and to move the most frequently requested data closer to end-users. This greatly improves the Web site experience for the public by reducing response time and increasing browser performance. This solution also allows NASA's Lyndon B. Johnson Space Center to manage Web site demand during high-profile missions. "PSINet is committed to developing solutions to help our corporate customers meet their rapidly growing hosting needs," said Michael Mael, vice president, Applications and Web Services, the unit which operates Global Internet Hosting Centers for PSINet Inc. "We selected NetCache from Network Appliance to complement our Web hosting infrastructure and service offerings because NetCache delivers scalable performance and high reliability. These features contribute to our ability to provide best-of-class solutions for our hosting customers." NetCache's Web hosting technologies enable PSINet to provide its hosting customers with significantly higher quality of service and bandwidth performance. NetCache's high performance and scalability also helps provide protection against unusual peaks in bandwidth demand. Web-hosting companies can ensure unparalleled content consistency across distributed replicated sites and report key data centrally to provide a high level of service to their hosted customers. "Network Appliance and its strategic partners are actively building on PSINet's business-grade Web hosting services," said Amit Pandey, director of marketing for NetCache. "NetCache provides globally distributed Web services that include server load-balancing and scaling, special event surge protection, and disaster recovery for any business Web infrastructure." About PSINet Headquartered in Herndon, Va., PSINet is a global facilities-based Internet data communications carrier focused on the business marketplace. PSINet offers a broad set of high-speed corporate LAN/WAN connectivity services supporting managed security and guaranteed Internet, intranet, electronic commerce, Web hosting services, and services for other carriers and ISPs. PSINet operates an international state-of-the-art frame relay and ATM-based, IP-optimized network consisting of more than 500 points of presence (POPs) around the world serving primary markets in Belgium, Canada, France, Germany, Hong Kong, Italy, Japan, the Netherlands, Republic of Korea, Switzerland, the United States, and the United Kingdom. PSINet information can be obtained by e-mail at info@psi.com, by accessing the Web site at psinet.com or by calling toll free 1-800/799-0675.