December 15, 2003 - Akamai President and CFO to Speak at 2003 Lehman Bros. Global Storage Conference
CAMBRIDGE, MA - December 15, 2003 - Akamai Technologies, Inc. President Paul Sagan and Chief Financial Officer Robert Cobuzzi will present an update on Akamai's service offerings - Monday, December 15th - at the 2003 Lehman Brothers Global Storage Conference. The conference will feature 20 presenting companies and will host nearly 400 attendees.
CAMBRIDGE, MA, December 12, 2003 - Akamai Technologies, Inc. (NASDAQ: AKAM) today announced that it had completed the sale of $175 million principal amount of its 1.0% Senior Convertible Notes due 2033 in a previously announced private placement.
CAMBRIDGE, MA, December 12, 2003 - Akamai Technologies, Inc. (Nasdaq: AKAM) today announced that George Conrades, chairman and chief executive officer, will join Massachusetts Governor Mitt Romney and other high-tech leaders to open The Nasdaq Stock Market in New York on Monday, December 15 at 9:30 a.m. (all times are Eastern time).
December 11, 2003 - IBM and Akamai Offer New Software to Easily Deploy On-Demand Applications
Somers, NY and Cambridge, MA - December 11, 2003 - IBM and Akamai Technologies, Inc. (Nasdaq: AKAM) today announced new software that makes it easier to deploy Java 2 Enterprise Edition (J2EE) Web applications built on IBM's WebSphere software across Akamai's global computing platform.
CAMBRIDGE, MA, December 9, 2003 - Akamai Technologies, Inc. (NASDAQ: AKAM) today announced that it has offered and priced in a private placement a new issue of $175 million 1.0% Senior Convertible Notes due 2033. The notes will be issued at 100% of the principal amount. The offering is expected to close on December 12, 2003, subject to customary closing conditions.
December 8, 2003 - Akamai Updates Guidance for Fourth Quarter and Full-Year 2003
CAMBRIDGE, Mass. - December 8, 2003 - Akamai Technologies, Inc. (NASDAQ: AKAM), the world's largest on demand distributed computing platform for conducting profitable e-business, announced today that it expects that revenue for the fourth quarter 2003 will be in the range of $43.0-45.0 million, an increase of more than 20 percent over fourth quarter 2002 revenue of $35.4 million.
Cambridge, MA - December 1, 2003 - Akamai Technologies, Inc. (Nasdaq: AKAM), the world's largest on demand distributed computing platform for conducting profitable e-business, today announced that Rutgers University has selected the Akamai EdgeComputingSM service for application delivery and edge processing of its unique online corporate training tool to be syndicated for wide-spread use by global businesses.
Cambridge, MA and Herndon, VA - November 12, 2003 - Akamai Technologies, Inc. (Nasdaq: AKAM), the world's largest on demand distributed computing platform for conducting profitable e-business, and China Telecom (USA) Corp., a wholly owned subsidiary of China Telecom, the leading telecom provider in China, today announced an agreement to improve the quality and reliability of Internet content and applications delivery for China's Internet users. The deployment enables Akamai to further expand the global reach of its platform for high-performance delivery of information from the Internet's edge.
Cambridge, MA - November 10, 2003 - Akamai Technologies, Inc. (Nasdaq: AKAM), the world's largest on demand distributed computing platform for conducting profitable e-business, today announced the availability of EdgeControlSM, a suite of tools and services that makes distribution and management of Internet applications and content easier, and more cost effective.
CAMBRIDGE, Mass. - November 7, 2003 - Akamai Technologies, Inc. (NASDAQ: AKAM) announced today that, under the terms of a new agreement, Cable and Wireless Internet Services, Inc. (CWIS) has agreed to dismiss lawsuits against Akamai in Boston, San Francisco and London alleging that Akamai's EdgeSuite® services infringe several different CWIS patents. Akamai did not admit liability or make any payments in connection with these dismissals. As part of the settlement, Akamai agreed to dismiss several lawsuits that it had brought against CWIS. In addition, Akamai and CWIS have agreed not to sue each other for a period of five years with respect to the patents and their respective service offerings that had been at issue in these cases.
November 3, 2003 - Akamai Names Michael Ruffolo Chief Operating Officer
CAMBRIDGE, Mass. - November 3, 2003 - Akamai Technologies, Inc. (NASDAQ: AKAM), the world's largest on demand distributed computing platform for conducting profitable e-business, today announced it has named Michael Ruffolo as the company's Chief Operating Officer (COO).
Cambridge, MA - October 15, 2003 - Dr. Tom Leighton, co-founder and chief scientist of Akamai Technologies, Inc. (Nasdaq: AKAM), the world's largest on demand distributed computing platform for conducting profitable e-business, will present testimony this week before the U.S. House of Representatives Committee on Government Reform.
October 6, 2003 - Akamai Reaches Milestone with 500th EdgeSuite Customer
Cambridge, MA - October 6, 2003 - Akamai Technologies, Inc. (Nasdaq: AKAM), the world's largest on demand distributed computing platform for conducting profitable e-business, today announced that it has reached a milestone in the signing of the 500th customer of its EdgeSuite® service during the third quarter. As an integrated suite of services for secure content and applications delivery, content targeting, and business intelligence, Akamai EdgeSuite has defined how businesses are successfully leveraging the Internet as a shared medium for the distribution of their information and applications.
CAMBRIDGE, MA - September 26, 2003 - Akamai Technologies, Inc. (NASDAQ: AKAM), the world's largest 'on demand' distributed computing platform for conducting profitable e-business, announced today that the company will hold a conference call for investors on Wednesday, October 29, 2003 at 4:30 p.m. ET. The call will include the company's third quarter 2003 financial results.
September 22, 2003 - Akamai Appoints Melanie Haratunian as Vice President and General Counsel
Cambridge, MA - September 22, 2003 - Akamai Technologies, Inc. (Nasdaq: AKAM), the world's largest 'on demand' distributed computing platform for conducting profitable e-business, today announced the appointment of Melanie Haratunian as Vice President and General Counsel. Ms. Haratunian brings nearly 20 years experience to Akamai in the areas of telecommunications and technology advocacy, corporate leadership, negotiations, business development, and strategic planning. Most recently serving as Vice President and Deputy General Counsel at Allegiance Telecom Company Worldwide, Ms. Haratunian's appointment to Akamai is effective immediately.
Cambridge, MA - September 19, 2003 - Akamai Technologies, Inc. (Nasdaq: AKAM), a provider of services that enable the world's leading enterprises and government agencies to extend and control their e-business infrastructure, today announced that the National Oceanic and Atmospheric Administration (NOAA), the Nation's premier science and weather agency, has deployed the Akamai EdgeSuiteSM service to enable top performance and reliability of its feature news and climate information sites, and to maximize the online experience for its nationwide audience.
Cambridge, MA - September 18, 2003 - Akamai Technologies, Inc. (Nasdaq: AKAM), a provider of services that enable the world's leading enterprises and government agencies to extend and control their e-business infrastructure, today announced its EdgeSuiteSM dynamic content assembly service has been deployed by AWS Convergence Technologies, Inc., which owns and operates the largest network of weather stations in the world. Akamai's services are assisting AWS's efforts in delivering up-to-the-second weather information to thousands of communities as Hurricane Isabel reaches the mid-Atlantic coast.
August 14, 2003 - Akamai tracks worldwide spread of Blaster worm on the Internet
Cambridge, MA - August 14, 2003 - Akamai Technologies, Inc. (Nasdaq: AKAM), a provider of services that enable the world's leading enterprises and government agencies to extend and control their e-business infrastructure, is tracking the global propagation of the Blaster worm, which began infecting computers on August 11. The virus is designed to spread first to unprotected computers. Beginning Saturday at 12 AM local time, infected computers will launch a targeted denial of service attack against a Microsoft Web property.
July 30, 2003 - Akamai Reports Second Quarter 2003 Results
CAMBRIDGE, Mass. - July 30, 2003 - Akamai Technologies, Inc. (NASDAQ: AKAM), a provider of services that enable the world's leading enterprises and government agencies to extend and control their e-business infrastructure, today reported financial results for the second quarter ended June 30, 2003. Revenue for second quarter 2003 was $37.8 million, a 3.3 percent increase over first quarter revenue of $36.6 million, and a 4.1 percent increase over second quarter 2002 revenue of $36.3 million.
TORONTO, CANADA and CAMBRIDGE, MA, July 29, 2003 - Akamai Technologies, Inc. (NASDAQ: AKAM), a provider of services that enable the world's leading enterprises to extend and control their e-business infrastructure, and CBC.ca, the Web site of the Canadian Broadcasting Corporation, Canada's national public broadcaster, today announced the company's collaboration to provide live streaming delivery of Toronto's SARS benefit concert taking place tomorrow, July 30th from noon to midnight ET.
CAMBRIDGE, MA - July 16, 2003 - Akamai Technologies, Inc. (NASDAQ: AKAM), a provider of services that enable the world's leading enterprises and government agencies to extend and control their e-business infrastructure, today announced the selection of Akamai EdgeSuite for use by the Department of the Navy (DON) for its LIFELines Services Network (LSN) J2EE platform.
CAMBRIDGE, MA - June 30, 2003 - Akamai Technologies, Inc. (NASDAQ: AKAM), a provider of services that enable the world's leading enterprises and government agencies to extend and control their e-business infrastructure, announced today that the company will hold a conference call for investors on Wednesday, July 30, 2003 at 4:30 p.m. ET. The call will include the company's second quarter 2003 financial results.
CAMBRIDGE, Mass. - June 23, 2003 - Akamai Technologies, Inc. (NASDAQ: AKAM), a provider of services that enable the world's leading enterprises and government agencies to extend and control their e-business infrastructure, today announced the Akamai Edge Architecture Design Partner Program, providing systems integrators (SIs) and digital agencies with the tools and know-how to build repeatable, next-generation architectures for the deployment of Web-based applications that leverage Akamai's global network and new EdgeComputingSM service.
CAMBRIDGE, Mass. - June 23, 2003 - Akamai Technologies, Inc. (NASDAQ: AKAM), a provider of services that enable the world's leading enterprises and government agencies to extend and control their e-business infrastructure, today announced customer adoption for Akamai EdgeComputing powered by WebSphere.
June 17, 2003 - NTT Com and Akamai to Launch Content Delivery Service in Japan
TOKYO, Japan and CAMBRIDGE, Mass. — June 17, 2003 — NTT Communications Corporation (NTT Com) today announced that it has reached an agreement with Akamai Technologies, Inc. (NASDAQ: AKAM) to collaborate in the field of content delivery networks (CDN) and launch in Japan, at the end of June, a broadband content delivery service, called Broadband CDN Powered by Akamai. This partnership will enable NTT Com to provide customers with the ability to extend their Web infrastructure through a scalable, distributed platform to optimize the speed, performance and reliability of delivering Web content and applications on demand.
June 10, 2003 - Akamai and CoreStreet to offer distributed computing security solution
Cambridge, MA - June 10, 2003 - Akamai Technologies, Inc. (Nasdaq: AKAM) and CoreStreet, Ltd., today announced a joint agreement to cooperatively sell RTC Edge Editiontm powered by Akamai® - a version of CoreStreet's Real Time Credentials product that provides enterprises with a cost effective and massively scalable way to validate digital certificates. By running CoreStreet's application at the edge of the Internet via Akamai's global network, RTC Edge Edition powered by Akamai eliminates the most significant cost and performance bottlenecks of traditional PKI systems.
May 14, 2003 - Akamai Establishes Public Sector Advisory Board
CAMBRIDGE, Mass. - May 14, 2003 - Akamai Technologies, Inc. (NASDAQ: AKAM), a provider of services that enable the world's leading enterprises and government agencies to extend and control their e-business infrastructure, today announced the formation of a Public Sector board of advisors comprised of leaders in the federal, state & local, defense, and industry sectors. Initial members of Akamai's Public Sector Advisory Board include:
CAMBRIDGE, Mass. - May 12, 2003 - Akamai Technologies, Inc. (NASDAQ: AKAM), a provider of services that enable the world's leading enterprises and government agencies to extend and control their e-business infrastructure, today announced that Akamai Chief Scientist Dr. Tom Leighton is to be appointed as a member of the President's Information Technology Advisory Committee (PITAC) for a two-year term.
May 12, 2003 - Tom Leighton of Akamai elected to American Academy of Arts and Sciences
CAMBRIDGE, Mass. - May 12, 2003 - Akamai Technologies, Inc. (NASDAQ: AKAM), a provider of services that enable the world's leading enterprises and government agencies to extend and control their e-business infrastructure, today announced that Akamai Co-Founder and Chief Scientist Dr. Tom Leighton has been elected as a new member of the American Academy of Arts and Sciences. Dr. Leighton, one of the world's pre-eminent authorities on algorithms for network applications, joins the Academy's distinguished membership of scholars, scientists, artists, business executives, educators, and public officials from around the world. Dr. Leighton is being recognized for his career achievements in the field of Computer Science.
May 5, 2003 - NASDAQ Approves Akamai's Transfer of Stock Listing to the NASDAQ National Market
CAMBRIDGE, Mass. - May 5, 2003 - Akamai Technologies, Inc. (NASDAQ: AKAM), a provider of services that enable the world's leading enterprises and government agencies to extend and control their e-business infrastructure, today announced that its request to transfer to The NASDAQ National Market has been approved. Akamai will begin trading on The NASDAQ National Market effective at the opening of business today, Monday, May 5, 2003. Akamai's common stock will continue trading under its current symbol: AKAM.
Somers, NY and Cambridge, Mass. -- May 1, 2003 -- A new IBM WebSphere software solution with Akamai Technologies, Inc. will speed up response time to business opportunities, provide fast, global access to Web applications, and lower the cost of running an IT infrastructure.
April 30, 2003 - Akamai Reports First Quarter 2003 Results
CAMBRIDGE, Mass. - April 30, 2003 - Akamai Technologies, Inc. (NASDAQ: AKAM), a provider of services that enable the world's leading enterprises and government agencies to extend and control their e-business infrastructure, today reported financial results for the first quarter ended March 31, 2003. Revenue for first quarter 2003 was $36.6 million, a 3.4 percent growth quarter-to-quarter - the first sequential quarterly revenue growth in a year.
CAMBRIDGE, MA - April 29, 2003 - Akamai Technologies, Inc. (Nasdaq: AKAM) today announced that Akamai and Apple are extending their commitment to Akamai's global platform and EdgeSuite® content distribution services to deliver industry-leading streaming video and audio over the Internet. Akamai's suite of services currently provide the worldwide infrastructure to support content delivery and software downloads for Apple.com, including the hugely popular QuickTime Movie Trailers site, as well as serving as the backbone for Apple's QuickTime Streaming Operations. Additionally, the Akamai EdgeSuite platform provides the network architecture that handles file distribution for Apple's revolutionary new iTunes® Music Store.
CAMBRIDGE, MA, April 22, 2003 - Akamai Technologies, Inc. (NASDAQ: AKAM), a provider of products and services that enable the world's leading enterprises and government agencies to extend and control their e-business infrastructure, today announced its selection by Microsoft Corp. to provide the global streaming delivery network in support of the April 24th Executive Keynote at Microsoft's Windows 2003 server launch at the Bill Graham Civic Auditorium in San Francisco.
New York, NY, April 8, 2003 - Thomson Financial, an operating unit of The Thomson Corporation (TSX: TOC; NYSE: TOC), and leading provider of information and technology solutions to the worldwide financial community, and Akamai Technologies, Inc. (Nasdaq: AKAM), a provider of products and services that enable the world's leading enterprises and government agencies to extend and control their e-business infrastructure, today announced an agreement to implement the Akamai EdgeSuite® service across the Thomson Financial IR Webhosting platform.
Colorado Springs, Colo. - April 4 , 2003 -- Help Desk Institute (HDI), the world's largest membership association for service and support professionals, today announced the appointment of industry luminary Phil Verghis to the position of chairperson of the HDI Strategic Advisory Board for a one-year term. Char LaBounty, retiring chairperson, made the announcement during her keynote address at the HDI Annual Conference and Expo held recently in Las Vegas.
March 31, 2003 - Reconciliation of non-GAAP to GAAP Financial Measures
CAMBRIDGE, MA - March 28, 2003 - Akamai Technologies, Inc. (Nasdaq: AKAM), a provider of products and services that enable the world's leading enterprises and government agencies to extend and control their e-business infrastructure, announced today that the company will hold a conference call for investors on Wednesday, April 30, 2003 at 4:30 p.m. ET. The call will include the company's first quarter 2003 financial results.
March 10, 2003 - Akamai Selected as Exclusive Streaming Provider for the 75th Annual Academy Awards
CAMBRIDGE, MA, March 10, 2003 - Akamai Technologies, Inc. (NASDAQ: AKAM), a provider of products and services that enable the world's leading enterprises and government agencies to extend and control their e-business infrastructure, today announced that it has been selected as the exclusive streaming provider for Oscar.com, the official Web site of the 75th Annual Academy Awards. Akamai's globally distributed computing platform will be used to deliver live and on-demand streaming video on Oscar.com.
CAMBRIDGE, MA and MONTREAL, QUEBEC - February 24, 2003 - Akamai Technologies, Inc. (NASDAQ: AKAM), a provider of products and services that enable the world's leading enterprises and government agencies to extend and control their e-business infrastructure, today announced that PaySystems Corporation, the world's leading online payment processing solutions provider, has selected the Akamai EdgeSuiteSM service to ensure 100% uptime and reliability of its Web-based business solution.
CAMBRIDGE, MA - February 19, 2003 - Bill Weihl, chief technology officer of Akamai Technologies, Inc. (Nasdaq: AKAM), a provider of products and services that enable the world's leading enterprises and government agencies to extend and control their e-business infrastructure, will deliver a Webcast presentation entitled "EdgeComputing - A New Model for Application Processing," next week, available from www.akamai.com.
January 28, 2003 - Akamai Reports Fourth Quarter 2002 and Full-Year 2002 Financial Results
CAMBRIDGE, Mass. - January 28, 2003 - Akamai Technologies, Inc. (NASDAQ: AKAM), a provider of products and services that enable the world's leading enterprises and government agencies to extend and control their e-business infrastructure, today reported financial results for the fourth quarter and full-year ended December 31, 2002. Revenue for the fourth quarter 2002 was $35.4 million. Total revenue for 2002 was $145.0 million.
January 25, 2003 - Reconciliation Between Non-GAAP and GAAP Financial Measures
Reconciliation of U.S. GAAP net loss to normalized net loss and EBITDA:
January 8, 2003 - Akamai EdgeSuite Optimizes Online Experience for Global Users of Nasdaq.com
CAMBRIDGE, MA - January 8, 2003 - Akamai Technologies, Inc. (Nasdaq:AKAM), a provider of products and services that enable the world's leading enterprises and government agencies to extend and control their e-business infrastructure, today announced that NASDAQ will implement the Akamai EdgeSuiteSM service across Nasdaq.com to ensure consistent, reliable, and secure delivery of content. Akamai's expanding customer base within the financial services market and proven solutions for the delivery of mission-critical information on a global scale were paramount to NASDAQ's selection of EdgeSuite.
