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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (77361)	6/1/1999 9:16:00 AM
From: GBT	Read Replies (1) \| Respond to of 119973

PAGE going in sympathy with SKYT.

To: 2MAR$ who wrote (77361)	6/1/1999 9:19:00 AM
From: EricE	Read Replies (1) \| Respond to of 119973

ABOV Upgrade and News Lehman Brothers just raised ABOV to Buy from Outperform this morning at 8:34 am. and AboveNet Enables Dashworks Web Application Service ForDigital Media Management SAN JOSE, Calif., June 1 /PRNewswire/ -- AboveNet Communications (Nasdaq: ABOV), the leading architect of a global one-hop network that brings together high-bandwidth content sites, ISPs and Application Service Providers (ASPs) in centralized co-location facilities, announced today an agreement with DashWorks, Inc., a systems integrator specializing in digital content management and delivery. AboveNet will provide DashWorks with the Internet connectivity and bandwidth key to launching DashCenter -- DashWorks' new data hosting service for Web-applications rich with digital content including photos, documents, engineering drawings, maps, videos, audio recordings, satellite images, and x-rays. DashCenter's servers will be co-located at AboveNet's East Coast Internet Service Exchange(TM) (ISX(TM)) in Vienna, Virginia. This agreement represents the first of many agreements AboveNet is striking with Application Service Providers -- a growing group of companies moving applications from the desktop to the Internet. "To establish DashCenter as the premier Application Service Provider for managing and storing digital media, we selected AboveNet over a number of leading national co-location and connectivity providers," said Pete Celano, DashWorks President and CEO. "AboveNet's superior architecture for high bandwidth applications, its deep understanding of the challenges associated with digital content, and its commitment to 24x365 availability made it the clear winner." DashCenter builds on DashWorks' experience providing custom turnkey digital media management solutions. The company recognized that many companies with extensive digital assets lacked the internal resources to manage their assets in-house, or make them accessible over the Web for sale, viewing or subscription. AboveNet insures that DashCenter's hosted applications have the secure, reliable and high bandwidth connectivity needed required by digital media. "Customers become easily disenchanted with Web sites that are slow and unreliable -- regardless of how complex the data," continued Celano. "The Internet is opening up business opportunities unheard of several years ago, and DashWorks is positioned at the intersection of two exploding markets -- the management of digital media and the need for specialized Application Service Providers," said AboveNet's Vice President of Marketing, Van Jepson. "The AboveNet network will deliver unrivalled network performance to their hosted applications ensuring the low packet loss and minimal latency digital media requires." About DashWorks, Inc. DashWorks is a systems integrator specializing in digital media management systems. The firm is based in the Washington, D.C. area and sells to commercial and government customers. It is backed by Kanematsu Corporation, a company with $25 billion in revenues founded over 100 years ago, in 1889. DashWorks helps organizations unlock the value of their data by designing and installing turnkey systems to manage data, including the database, storage and web-access, and it provides application-hosting services. More information about DashWorks can be obtained from its Web site at dashworks.com , and dashcenter.com . 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, ISPs and ASPs. 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 . DashWorks and DashCenter are trademarks of DashWorks, Inc. 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.