Akamai Announces Management Changes.

Business/Technology Editors

CAMBRIDGE, Mass.--(BUSINESS WIRE)--April 4, 2001

Akamai Technologies, Inc., the leading Content Delivery Service Provider (CDSP), today reported changes to its senior management team.

Over the past three months, several additions have been made to strengthen Akamai's senior management organization. As previously announced, Chris Schoettle, formerly President of Lucent's Broadband Access Business Unit, joined Akamai as Chief Operating Officer. In addition, Michael Campbell joined Akamai as Vice President, Direct Sales. Most recently, Campbell was Vice President, Western Region Global Sales, at UUNET. Michael Quinn joined Akamai as General Manager, Enterprise Sales. Most recently, Quinn was Vice President, Global Sales Engineering, at UUNET.

Earl Galleher, Executive Vice President, is departing. According to Akamai Chairman and CEO George Conrades, "Earl was instrumental in building the sales engine that took us from pre-revenue in early 1999 to nearly $90 million in 2000, our first full year of commercial operation. In 2000, Earl became our Executive Vice President to streamline operations in areas such as sales, international expansion, service delivery and product management. With Earl leaving to pursue other interests, we have initiated a search for a replacement with experience in the enterprise market. In the meantime, I'm excited about working directly with Akamai's senior sales managers, and look forward to offering my nearly 40 years of enterprise marketing and sales experience to this hard-charging team."

Reporting to Conrades, in addition to sales and support, are Akamai President Paul Sagan, CFO Timothy Weller, and Schoettle.

About Akamai

Akamai is the leading Content Delivery Service Provider serving thousands of customers worldwide. Akamai has the broadest deployment of servers for content, streaming media, and applications delivery with more than 9,700 servers in 56 countries directly connected within over 650 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 service, a failure of its network infrastructure, the complexity of its service and the networks on which the service is deployed, 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.