Akamai Announces Date to Release Financial Results for Fourth Quarter 2000.Business and Technology Editors CAMBRIDGE, Mass.--(BUSINESS WIRE)--Jan. 4, 2001 Akamai Technologies, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : AKAM AKAM Akamai Technologies, Inc. (stock abbreviation) AKAM Automated Key Access Machine ), the leading Content Delivery Service Provider (CDSP (Content Delivery Service Provider) A global network that provides faster delivery of Web pages over the Internet. Using servers stationed around the world with duplicate content, the server closest to the user's request is the one that responds. ), 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 (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. 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 Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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 See CDN. , 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and other documents periodically filed with the SEC. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion