ABOV up 4 and flying, signs deal with DoubleClick:
Monday April 12, 6:02 am Eastern Time
Company Press Release
AboveNet Selected by DoubleClick for Co-Location Services
SAN JOSE, Calif.--(BUSINESS WIRE)--April 12, 1999--AboveNet
Communications, Inc. (Nasdaq: ABOV - news), 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 - news), 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. |
