GSA schedule contract solidifies Akamai's comprehensive suite of secure edge computing services as recognized IT solutions for U.S. government accounts

Cambridge, MA - July 29, 2002 - Akamai Technologies, Inc. (NASDAQ: AKAM), the leading provider of edge computing solutions delivering secure content and distributed applications across the Internet, intranets, and extranets, today announced it has been awarded a five-year schedule contract (#GS-35F-0626M) by the U.S. General Services Administration (GSA). As a result, Akamai's services are now included among the range of professional information technology offerings provided by GSA to federal agencies for strengthened information assurance of e-government programs.

GSA is a centralized federal procurement and property management agency created by the U.S. Congress to improve government efficiency and help federal agencies better serve the public. The GSA provides purchasing and requisition assistance on behalf of federal agencies for office space, equipment, telecommunications, information technology, supplies and services. The inclusion of Akamai's offerings to the GSA schedule enables the GSA to bolster its list of IT products and services with new solutions for information assurance, DoS mitigation, global IP intelligence, and content tampering.

Under the contract award, the GSA will now make available to all federal agencies Akamai's complete portfolio of offerings for secure and reliable content and applications delivery. This includes the Akamai EdgeSuite^SM service for maximum site availability and infrastructure hardening that limits the exposure of origin infrastructure from unauthorized intrusions; as well as EdgeScape^SM for global IP intelligence and customized content delivery to individual end users based on anonymous data.

"As federal agencies leverage digital technologies to transform their operations, demand for Akamai's secure e-government infrastructure services has dramatically increased," said Michael Ruffolo, executive vice president, Global Sales, Services, and Marketing, Akamai. "The GSA schedule award enables us to further expand our federal sales channel and simplify the government purchasing procedure for our services."

EdgeSuite is an integrated suite of services for secure, scalable, and reliable assembly and delivery of Web sites, business applications, and Web services via the Internet. These services are built on the Akamai Platform, the world's largest distributed edge computing platform.

Built on the Akamai Platform, EdgeScape enables government agencies to present location-specific information, tailoring content and programs around regional district differences, while adhering to privacy policies, without the use of cookies. With EdgeScape, government agencies can validate user location, helping ensure that information and services are delivered only to authorized geographies, thereby reducing the risk of misuse and fraud. In addition, EdgeScape can aid in the early detection and analysis of certain online cyber crimes and tracking of suspicious activities.

Akamai's services are currently deployed in government accounts that include the Centers for Disease Control and Prevention, the Federal Bureau of Investigation, the U.S. Geological Survey, the U.S. Government Printing Office, and the Voice of America. Akamai's federal operations are based in Reston, Virginia.

About GSA
GSA is a centralized federal procurement and property management agency created by Congress to improve government efficiency and help federal agencies better serve the public. It acquires, on behalf of federal agencies, office space, equipment, telecommunications, information technology, supplies and services. GSA, comprised of 14,000 associates, provides services and solutions for the office operations of over 1 million federal workers located in 8,300 government-owned and leased buildings in 1,600 U.S. communities.

About Akamai
Akamai is the leading provider of edge computing solutions, delivering secure content and distributed applications across the Internet, intranets, and extranets. These solutions enable customers to achieve optimal results from their e-business initiatives, thereby reducing the cost of ownership, improving return on investment, and creating new revenue streams. Akamai's globally distributed edge computing platform comprises more than 12,900 servers in more than 1,000 networks in 66 countries, ensuring the highest levels of availability, reliability, and performance. Headquartered in Cambridge, Massachusetts, Akamai provides services and world-class customer care to hundreds of successful enterprises, government entities, and leading e-businesses worldwide. For more information, visit www.akamai.com.

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, general economic conditions, any material, unexpected increases in Akamai's use of funds, the dependence on Akamai's Internet content delivery service and technology products, lack of market acceptance of new services, including EdgeSuite, a failure by us to successfully enter into any license, technology development or other technology partnership agreement within the time periods expected by us or at all, a failure of Akamai's network infrastructure, and other factors that are discussed in the Company's Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other documents periodically filed with the SEC.