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Technology Stocks : DoubleClick Inc (DCLK) -- Ignore unavailable to you. Want to Upgrade?


To: zalesky who wrote (1366)4/12/1999 9:13:00 AM
From: Jenne  Read Replies (1) | Respond to of 2902
 
ABOVENET SELECTED BY DOUBLECLICK FOR CO-LOCATION SERVICES

Business Wire
April 12, 1999, 3:17 a.m. PT
Business Editors/High-Tech Writers

SAN JOSE, Calif.--(BUSINESS WIRE)--April 12, 1999--AboveNet
Communications, Inc. (Nasdaq: ABOV), the architect of a global one-hop
network that brings together high-bandwidth content sites and ISPs in
a centralized co-location facility, today announced a partnership with
DoubleClick Inc. (Nasdaq: DCLK), the leader in global Internet
advertising solutions, to co-locate its Web servers at AboveNet's
Tysons Corner, Virginia and San Jose, California Internet Service
Exchanges(TM) (ISXs(TM)).

By choosing AboveNet, DoubleClick will be able to deliver the
reliability and high performance their clients, the web publishers and
advertisers, have come to expect.

"We were looking for a partner who could deliver a reliable and
scalable solution for co-location services. AboveNet showed us that
they had the business model and network intelligence to support our
rigorous performance requirements," said Bob Linsky, VP of MIS and
Operations "We depend on AboveNet's reliable connectivity to deliver
our customers the best advertising performance possible."

"Companies like DoubleClick are changing the online advertising
industry -- now companies can not only target their online
advertising, but also manages and track their results through
instantaneous reporting," said David Dembitz, Senior Vice President of
Sales and Marketing for AboveNet. "Our partnership with DoubleClick is
another example of how innovative companies are working together to
tap the Internet's potential and allow more people to have a positive
experience with Web advertising."

By utilizing AboveNet's ISX facilities, DoubleClick can rely on
AboveNet's fast, reliable and scalable Internet connectivity solutions
to handle its large volume of network traffic. AboveNet's world class
ISX facilities co-locate both content providers and ISPs together to
deliver superior connectivity for mission critical and high-bandwidth
applications. AboveNet's clients, such as DoubleClick, can benefit
from faster, improved Internet performance and network reliability as
a result of the company's extensive global peering arrangements with
more than 210 major ISP networks. They also benefit from AboveNet's
proprietary management tools that remotely monitor their equipment,
manage and track network usage and forecast capacity needs.

About DoubleClick Inc.

DoubleClick Inc. (www.doubleclick.net) combining technology and
media expertise, DoubleClick centralizes planning, execution, control,
tracking and reporting for online media campaigns. DoubleClick Inc.
has U.S. headquarters in New York City, international headquarters in
Dublin and maintains offices in Paris, London, Oslo, Helsinki,
Barcelona, Copenhagen, Tokyo, Madrid, Milan, Sydney, Hamburg,
Stockholm, Toronto, Montreal, Atlanta, Boston, Chicago, Detroit,
Dallas, Los Angeles and San Francisco.

About AboveNet Communications Inc.

AboveNet Communications, Inc. is a leading provider of Internet
connectivity and co-location solutions for high bandwidth and
mission-critical applications. AboveNet is the architect of the
Internet Service Exchange (ISX) -- a world class network that provides
co-location services for Content Providers and ISPs interested in
developing business and strategic partnerships. The AboveNet Global
One-Hop Network is designed to deliver fast, scalable and reliable
connections to the Internet and improves the Internet experience for
all end-users. With its Tier 1 status and ISO 9002 certification,
AboveNet is seeking to serve the global community of the Internet. For
more information on AboveNet and its service offerings visit the
company's Web site at above.net.

AboveNet, Internet Service Exchange, ISX and AboveNet Global
One-Hop Network are trademarks of AboveNet Communications, Inc. All
other company or brand names may be trademarks of the respective
companies with which they are associated.

The statements contained in this press release that are not
purely historical are forward looking statements within the meaning of
section 21E of the Securities Exchange Act of 1934, as amended,
including statements regarding the company's expectations, beliefs,
hopes, intention or strategies regarding the future. Factors that
could cause or contribute to such differences include risks related to
the Company's services, including network scalability and Internet
connectivity, the ability to maintain and increase peering
relationships, intense competition, and other factors and risks
discussed in the company's registration statement on form S-1, filed
with the Securities and Exchange Commission on April 7, 1999 and other
reports filed from time to time with the Securities Exchange
Commission.

This news release contains statements of a forward-looking nature
relating to the future events or the future financial results of
DoubleClick. Investors are cautioned that such statements are only
predictions and that actual events or results may differ materially.
In evaluating such statements, investors should specifically consider
the various factors which could cause actual events or results to
differ materially from those indicated from such forward-looking
statements, including the matters set forth in DoubleClick's reports
and documents filed from time to time with the Securities and Exchange
Commission.

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