Akamai Announces Date to Release Financial Results for Fourth Quarter 2000
CAMBRIDGE, Mass. -- January 4, 2001 -- Akamai Technologies, Inc. (NASDAQ: AKAM), the leading Content Delivery Service Provider (CDSP), announced today that the Company will release financial results on Wednesday, January 24, 2001 for the fourth quarter and full fiscal year ended December 31, 2000. The Company will hold an investor call that day to discuss the financial results and to provide new financial guidance that improves upon previous guidance provided by the Company for the full fiscal year ending December 31, 2001.
"We continue to believe that Internet content delivery is best provided as a service, on an integrated, global network," said George Conrades, chairman and CEO of Akamai. "We believe demand for our services will remain high as IT managers look for outsourced, cost-efficient solutions to optimize website performance while meeting capital expenditure constraints."
The Company also announced that Conrades will speak next week at two major investor conferences. On Monday, January 8, he will appear at Morgan Stanley Dean Witter's Internet, Software & Networking Conference. On Tuesday, January 9, he will appear at Salomon Smith Barney's Global Entertainment, Media and Telecommunications Conference.
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 future expectations, plans and prospects of Akamai's management 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 dependence on Akamai's Internet content delivery services, including FreeFlow and FreeFlow Streaming, issues arising in connection with the closing of the Company's books for the fourth quarter, a failure of its network infrastructure, the complexity of its service and the networks on which the service is deployed, a decline in demand for our services due to general economic conditions, the failure to obtain access to transmission capacity 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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| Steven J. Wolfe Investor Relations Akamai Technologies 617-250-4724 swolfe@akamai.com |
--or-- | Jeff Young Media Relations Akamai Technologies 617-250-3913 jyoung@akamai.com |
CAMBRIDGE, Mass. -- January 4, 2001 -- Akamai Technologies, Inc. (NASDAQ: AKAM), the leading Content Delivery Service Provider (CDSP), announced today that the Company will release financial results on Wednesday, January 24, 2001 for the fourth quarter and full fiscal year ended December 31, 2000. The Company will hold an investor call that day to discuss the financial results and to provide new financial guidance that improves upon previous guidance provided by the Company for the full fiscal year ending December 31, 2001.
"We continue to believe that Internet content delivery is best provided as a service, on an integrated, global network," said George Conrades, chairman and CEO of Akamai. "We believe demand for our services will remain high as IT managers look for outsourced, cost-efficient solutions to optimize website performance while meeting capital expenditure constraints."
The Company also announced that Conrades will speak next week at two major investor conferences. On Monday, January 8, he will appear at Morgan Stanley Dean Witter's Internet, Software & Networking Conference. On Tuesday, January 9, he will appear at Salomon Smith Barney's Global Entertainment, Media and Telecommunications Conference.
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 future expectations, plans and prospects of Akamai's management 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 dependence on Akamai's Internet content delivery services, including FreeFlow and FreeFlow Streaming, issues arising in connection with the closing of the Company's books for the fourth quarter, a failure of its network infrastructure, the complexity of its service and the networks on which the service is deployed, a decline in demand for our services due to general economic conditions, the failure to obtain access to transmission capacity and other factors that are discussed in the Company's Annual Report on Form 10-K and other documents periodically filed with the SEC.
