Akamai Named to the Standard 100
"The Standard 100 reflects a diverse group of market shapers and innovators with whom Akamai is proud to keep company," said George Conrades, chairman and CEO, Akamai. "Our inclusion in this group is testament to Akamai's pioneering efforts in Web content delivery and our unwavering commitment to making the Internet work for our customers."
Akamai provides a range of managed services that leverage the core technology and expansive distributed network comprising its EdgeAdvantageSM platform. Akamai's end-to-end services for enhancing Web performance allow e-businesses to take advantage of infrastructure investments while reaping the benefits of rapid, reliable content delivery, high-quality streaming media delivery, personalized and dynamic Web page assembly, advanced global traffic management, Web usage reporting, and other value-added services.
Tracked on the American Stock Exchange under the ticker symbol XIS, The Standard 100 is a highly regarded measure of the Internet Economy. The Standard 100 will be maintained with three quarterly reviews and an annual rebalancing. Additionally, a log-cap weighting scheme successfully captures the size factor of companies represented in the Index. This weighting scheme precludes large companies from capturing excessively large weights and allows smaller cap weighted companies to have fair representation and a stronger impact.
Information about the Standard 100 and Company can be found in The Standard's November 20th issue and at www.thestandard.com.
ABOUT THE STANDARD
Headquartered in San Francisco and located on the Web at www.thestandard.com, The Standard is the essential source for business intelligence on the Internet Economy. Through The Industry Standard, its weekly newsmagazine; TheStandard.com, its daily news outlet and business intelligence resource; its conferences and events; and its e-mail newsletters, research, recruiting and market-making offerings, The Standard provides a new breed of business leaders with the information and resources they need to succeed in the Internet Economy. The Standard has offices in Los Angeles, New York, Washington, D.C., and London, and is owned by Standard Media International, a private company majority owned by IDG.
ABOUT EPOCH PARTNERS
Epoch Partners is a technology-enabled investment bank focused on high-growth companies and electronically connected institutional and individual investors. Epoch has assembled a team of experienced investment banking, research, trading and technology professionals to build the next generation investment bank. Epoch's unique approach to investment banking includes using technology to provide superior market intelligence to issuers and investors.
For issuers, Epoch uses proprietary data to improve the pricing and distribution of securities. For all investors, Epoch provides unique research insight by fusing its analysis with relevant third party commentary. For the institutional trading community, Epoch provides enhanced investment and portfolio analysis tools in addition to an unconflicted trading platform.
Through partnerships with Charles Schwab, Ameritrade and TD Waterhouse, Epoch has exclusive access to a fast-growing, electronically connected investor base that consists of more than 10 million accounts. These accounts have combined investable assets of close to 1.5 trillion dollars and account for more than fifty percent of all online assets. Epoch's investors include its three online brokerage partners and Benchmark Capital, Kleiner Perkins Caufield & Byers, Trident Capital and Reuters Venture Capital.
ABOUT AKAMAI
Akamai is the leading Content Delivery Service Provider, serving over 2,800 customers worldwide. Akamai has the broadest deployment of servers for content, streaming media, and applications delivery with more than 6,000 servers in 54 countries directly connected within 335 different telecommunications networks.
Akamai Statement Under the Private Securities Litigation Reform Act
The release contains information about Akamai and its services that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, the continuing market acceptance of our technology and services, competition in the markets in which we operate, our ability to respond to technological changes and other factors that are discussed in the Company's Annual Report on Form 10-K and other documents periodically filed with the SEC.
| Contacts: |
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| Felicia Spagnoli Media Relations Akamai Technologies 617-613-2525 spagnoli@akamai.com |
--or-- | Steven J. Wolfe Investor Relations Akamai Technologies 617-250-4724 swolfe@akamai.com |
Journalists and Investment Experts Recognize Akamai's Influence in Shaping Today's Internet Economy
Cambridge, MA - November 29, 2000 - Akamai Technologies, Inc. (NASDAQ: AKAM), the leading Content Delivery Services Provider (CDSP), today announced its inclusion in the Standard 100, powered by Epoch Partners - a premiere stock index that tracks the Internet Economy. Created by Standard Media International (The Standard), a leading source for intelligence about the Internet Economy, and Epoch Partners, a pioneer in technology-enabled investing, the Standard 100 includes the most influential companies driving the Internet Economy."The Standard 100 reflects a diverse group of market shapers and innovators with whom Akamai is proud to keep company," said George Conrades, chairman and CEO, Akamai. "Our inclusion in this group is testament to Akamai's pioneering efforts in Web content delivery and our unwavering commitment to making the Internet work for our customers."
Akamai provides a range of managed services that leverage the core technology and expansive distributed network comprising its EdgeAdvantageSM platform. Akamai's end-to-end services for enhancing Web performance allow e-businesses to take advantage of infrastructure investments while reaping the benefits of rapid, reliable content delivery, high-quality streaming media delivery, personalized and dynamic Web page assembly, advanced global traffic management, Web usage reporting, and other value-added services.
Tracked on the American Stock Exchange under the ticker symbol XIS, The Standard 100 is a highly regarded measure of the Internet Economy. The Standard 100 will be maintained with three quarterly reviews and an annual rebalancing. Additionally, a log-cap weighting scheme successfully captures the size factor of companies represented in the Index. This weighting scheme precludes large companies from capturing excessively large weights and allows smaller cap weighted companies to have fair representation and a stronger impact.
Information about the Standard 100 and Company can be found in The Standard's November 20th issue and at www.thestandard.com.
ABOUT THE STANDARD
Headquartered in San Francisco and located on the Web at www.thestandard.com, The Standard is the essential source for business intelligence on the Internet Economy. Through The Industry Standard, its weekly newsmagazine; TheStandard.com, its daily news outlet and business intelligence resource; its conferences and events; and its e-mail newsletters, research, recruiting and market-making offerings, The Standard provides a new breed of business leaders with the information and resources they need to succeed in the Internet Economy. The Standard has offices in Los Angeles, New York, Washington, D.C., and London, and is owned by Standard Media International, a private company majority owned by IDG.
ABOUT EPOCH PARTNERS
Epoch Partners is a technology-enabled investment bank focused on high-growth companies and electronically connected institutional and individual investors. Epoch has assembled a team of experienced investment banking, research, trading and technology professionals to build the next generation investment bank. Epoch's unique approach to investment banking includes using technology to provide superior market intelligence to issuers and investors.
For issuers, Epoch uses proprietary data to improve the pricing and distribution of securities. For all investors, Epoch provides unique research insight by fusing its analysis with relevant third party commentary. For the institutional trading community, Epoch provides enhanced investment and portfolio analysis tools in addition to an unconflicted trading platform.
Through partnerships with Charles Schwab, Ameritrade and TD Waterhouse, Epoch has exclusive access to a fast-growing, electronically connected investor base that consists of more than 10 million accounts. These accounts have combined investable assets of close to 1.5 trillion dollars and account for more than fifty percent of all online assets. Epoch's investors include its three online brokerage partners and Benchmark Capital, Kleiner Perkins Caufield & Byers, Trident Capital and Reuters Venture Capital.
ABOUT AKAMAI
Akamai is the leading Content Delivery Service Provider, serving over 2,800 customers worldwide. Akamai has the broadest deployment of servers for content, streaming media, and applications delivery with more than 6,000 servers in 54 countries directly connected within 335 different telecommunications networks.
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Akamai Statement Under the Private Securities Litigation Reform Act
The release contains information about Akamai and its services that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, the continuing market acceptance of our technology and services, competition in the markets in which we operate, our ability to respond to technological changes and other factors that are discussed in the Company's Annual Report on Form 10-K and other documents periodically filed with the SEC.
