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Technology Stocks : AboveNet Communications, Inc. (ABOV) -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Miller who wrote (371)4/13/1999 2:56:00 PM
From: Mr. Miller  Respond to of 835
 
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.

Miller