NEWS!
newsalert.com
May 18, 1999 06:15
VIDS Powers Flycast Network's Web Advertising at
AboveNet
High Bandwidth Connectivity Solution Is Designed to Bring Advertising On Internet
to New Heights
WALNUT CREEK, Calif. and SAN JOSE, Calif., May 18 /PRNewswire/ --
E-commerce companies, direct response marketers, interactive agencies, and
others interested in increasing Web traffic, can now take full advantage of a new
high-bandwidth, low-latency network for advertising. VIDS Technologies, a leading
high-bandwidth systems integrator and solutions provider, and AboveNet
Communications (Nasdaq: ABOV), the leading architect of a global one-hop
network that brings together high-bandwidth content sites and ISPs in centralized
co-location facilities, today announced the successful installation of a turnkey, high
bandwidth service for Flycast, one of the world's leading Web advertising networks.
This solution will deliver the reliable, scalable connectivity that Flycast needs to
meet its service levels and expected growth.
"Fast moving Internet companies like Flycast, who depend on 24X7 availability, are
increasingly looking for turnkey Internet connectivity and hardware solutions," said
Heath Hutchinson, president and chief executive office of VIDS. "With AboveNet's
superior network performance, we are able to offer the high powered Internet
performance these businesses demands."
Flycast brings together advertisers with its more than 922 affiliate Web sites and
provides them with real-time, 24x7 information on reach and results, which can be
used to adjust and refine media or creative elements on the fly. The company also
provides its affiliate Web sites with real time performance and inventory reports
enabling them to control their pricing and revenue.
To deliver this level of performance, while focusing on its core business, Flycast
turned to VIDS. VIDS provided Flycast with a comprehensive Internet hardware and
connectivity solution that includes Compaq network servers co-located at
AboveNet's San Jose Internet Service Exchange(TM) (ISX(TM)) in the "Compaq
Pavilion." VIDS and AboveNet recently announced a partnership, and Flycast is the
first company to benefit from their agreement.
"AboveNet's scalable bandwidth and reliable connectivity are designed to easily
support and deliver complex multimedia almost instantaneously," said AboveNet
Vice-President of Marketing, Van Jepson. "The integrated solution from VIDS,
which is located at AboveNet's San Jose Internet Service Exchange, will enable
Flycast to drive highly targeted advertising on the Internet creating vast new
opportunities for advertisers."
Flycast's affiliates include Runner's World Magazine, Sega of America, Hoovers
Online, Yack!, and Internet Travel Network.
About VIDS Technologies Inc.
VIDS Technologies Inc. is a systems integrator and leading technology solution
provider, specializing in high-bandwidth applications for multimedia, e-commerce,
and data-intensive environments where maximum performance, high availability,
scalability, and highly secure solutions are required. The company's blue-chip
customer list includes SBC, Pacific Bell, Southwestern Bell, Chevron, Kaiser,
Pacific Gas & Electric, Wink Communications, Polycom, MCI, and others.
About AboveNet Communications, Inc.
AboveNet Communications, Inc. is a leading provider of Internet connectivity and
co-location solutions for high bandwidth and business-critical applications.
AboveNet, headquartered in San Jose, California, is the architect of the Internet
Service Exchange (ISX) -- a world class network that provides co-location services
and Internet connectivity for Content Providers and ISPs. The AboveNet Global
One-Hop Network(TM) 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 call 800-475-2733 or visit the company's Web site at
above.net.
NOTE: 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 intense
competition, the emerging market for co-location and connectivity services, risks
related to International expansion, the uncertainty of the acceptance of the
Company's services, network scalability 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.
SOURCE AboveNet Communications, Inc.
/CONTACT: Tiffany Francis of The Weber Group, 650-463-8642, or
tfrancis@ca.webergroup.com; or Rose Marr of AboveNet Communications,
408-367-6681, or rose@above.net; or Heath Hutchinson of VIDS, 925-876-8437, or
heath@vids.com/
/Web site: above.net
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