Akamai Extends Relationship With Yahoo! to Provide Superior Worldwide User Experience.Business/Technology Editors CAMBRIDGE, Mass.--(BUSINESS WIRE)--Oct. 16, 2002 Yahoo!'s use of Akamai's business continuity features maximize reliability and scalability needed to service large global audience Akamai Technologies Akamai Technologies, Inc. (NASDAQ: AKAM) is a company that provides a distributed computing platform for global Internet content and application delivery, headquartered in Cambridge, Massachusetts. , Inc. (Nasdaq: AKAM AKAM Akamai Technologies, Inc. (stock abbreviation) AKAM Automated Key Access Machine ), the leading provider of edge computing Edge computing provides application processing load balancing capacity to corporate and other large-scale web servers. It is like an application cache, where the cache is in the Internet itself. solutions, delivering secure content and distributed applications across the Internet, intranets, and extranets, today announced that the company has extended its service agreement with Yahoo! Inc. (Nasdaq: YHOO YHOO Yahoo! Inc. (NASDAQ symbol) ). Yahoo! will continue to utilize a broad range of Akamai's global e-business infrastructure services to improve the consumer experience for Yahoo!'s audience of 238 million global users. Akamai's suite of services, including global content delivery, global traffic management, and global IP intelligence for tailored ad serving, enables Yahoo! to continue providing consumers with a compelling and consistent online experience. In addition, Yahoo! has extended its agreement to use Akamai's Enhanced DNS (Domain Name System) A system for converting host names and domain names into IP addresses on the Internet or on local networks that use the TCP/IP protocol. For example, when a Web site address is given to the DNS either by typing a URL in a browser or behind the (Domain Name System) functionality that helps to ensure that Yahoo!'s end-user requests are handled quickly and effectively. "Yahoo! is very focused on providing a high-quality online experience for consumers and businesses," said Kevin Timmons, director of operations at Yahoo!. "Akamai's services have assisted in improving the reliable delivery of information to our users on a global scale, and remain an important component of our technology needs." Yahoo! began using Akamai's content delivery services See CDN. in 1999, and added the company's traffic management service in 2000. Last year, Yahoo! started using the Akamai EdgeScape(SM) service to enhance the performance of advertising and other content targeting. By providing more effective targeting with EdgeScape, Yahoo! continues to build on its ability to deliver greater value to its advertising clients. "Yahoo! sets a high standard for providing users and advertisers the most relevant, personalized and valuable online experience, in addition to operating one of the most reliable, highest performing sites on the Web," said Paul Sagan, president of Akamai. "As one of our charter customers, we continue to work closely with and learn from the needs of Web pioneers like Yahoo!. Their trust in Akamai has included an increasing use of our suite of services that range from ensuring business continuity to improving business intelligence." 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 ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). , 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 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 service and technology products, the effects of any attempts to intentionally disrupt our services or network by hackers or others, failure of our telecommunications suppliers to provide sufficient transmission capacity, a failure of Akamai's network infrastructure, 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. , quarterly reports on Form 10-Q Form 10-Q See 10-Q. , and other documents periodically filed with the SEC. |
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