Akamai and Telefonica DataCorp Enter Into Relationship to Enhance Internet Experience for Latin American, European and United States Businesses.

Business/Technology Editors

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Nov. 3, 2000

Telefonica Data to Become First Provider of Akamai's Content

Delivery Services in Latin America, in Addition to Europe and United

States

Akamai to Deliver High-volume, Bandwidth-intensive Content Hosted

At Telefonica Data's Data Centers

Akamai to Deploy Its Servers Throughout Telefonica Data's Internet

Backbone

Akamai Technologies, Inc. (Nasdaq: AKAM), the leading Content Delivery Service Provider (CDSP), and Telefonica DataCorp, the Telefonica (NYSE: TEF) subsidiary which provides global telecommunications services, have entered into a strategic relationship to enhance the Internet experience for Latin American, European and United States businesses. Telefonica Data will provide the full suite of Akamai's industry-leading content delivery services as a key component of its content distribution strategy.

As one of the largest e-business data communications companies in Latin America, Telefonica Data will add access to Akamai's content delivery capabilities as part of its portfolio of value-added Internet services for customers, delivered over Telefonica Data's International Network. In addition, Telefonica Data's hosting clients and other content providers in Latin America and Europe will be able to deliver their content with greater speed and reliability worldwide through Telefonica Data Content Distribution solutions powered by Akamai.

Akamai's services bring measurably greater speed, performance, and reliability by delivering rich content and streaming media from Akamai's globally distributed network of thousands of edge servers located close to Internet end users. Akamai's intelligent solution for optimizing the delivery of all forms of content enables Telefonica Data to ensure significantly faster, more reliable, and higher performance end-user experiences.

"We selected Akamai because it offers a robust and expansive global network for delivering bandwidth-rich content," said Jose Gonzalez Pueyo, marketing director, Telefonica Data. "Akamai is an important contributor to our mission of deploying the most extensive, facilities-based, content distribution network in Latin America and Europe. Telefonica Data's extensive end-to-end network combined with Akamai's intelligent services and proven expertise in content delivery creates a scalable platform for the deployment of high value, revenue-generating network services."

"Telefonica Data is an important, strategic network for us, given its wide global deployment in dozens of countries on three continents," said Avi Freedman, chief network architect, Akamai. "As a leading global IP provider, Telefonica Data is a perfect fit and a unique step forward for Akamai's international expansion, and we look forward to growing the relationship to develop additional value-added services."

About Telefonica Data

Telefonica Data, a subsidiary of the Telefonica group, is a leading supplier of global telecommunications services for companies. It is currently in the process of rapid international expansion, developing businesses in countries such as Argentina, Brazil, Chile, Colombia, Uruguay, Peru, Mexico, Puerto Rico and other Latin American countries and the United States. Telefonica Data is also present in Spain and other European countries such as Austria or Italy.

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 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 failure of the new service offerings described herein to achieve commercial success or viability, 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 or foreign jurisdictions and other factors that are discussed in the Company's Annual Report on Form 10-K and other documents periodically filed with the SEC.