Alchemy Communications Announces Expansion to New Corporate Offices in Woodland Hills, Calif.

Business Editors

LOS ANGELES--(BUSINESS WIRE)--July 19, 2001

Alchemy Communications Inc. today announced that it has expanded to new corporate offices in the prestigious Trillium building located in Woodland Hills, Calif.

Incorporated in 1995, Alchemy Communications is a privately held premier provider of Internet outsourcing solutions. Alchemy is a pioneer within the market, offering the only complete end-to-end hosting service in the industry that includes collocation, bandwidth, rich media streaming, managed services and digital marketing services. The company's core 22,000-square-foot Internet Data Center is located in downtown Los Angeles.

"We had to move our headquarters to accommodate Alchemy's continued growth," stated Chief Executive Officer and President Zane Alsabery. "We are very satisfied with the success of our business model. Alchemy has achieved steady growth over the past five years by focusing on both profits and revenues. This move will allow us to better meet the needs of our clients and our highly skilled employees."

Blair Mills, Alchemy's chief financial officer, stated, "Despite the highs and lows of the Internet market, Alchemy has accomplished its business goals by providing a great service to its clients and remaining focused on the bottom line. In other words, not going beyond what has always been good business practice. This move shows that we continue to be a significant presence in the industry."

Alchemy's Los Angeles Internet Data Center (IDC) is located in the heart of the entertainment industry. Alchemy's IDC has state-of-the-art fire suppression, 24x7x365 security and enough backup power to last for weeks. As well as offering customizable collocation, streaming, bandwidth and digital marketing services, Alchemy provides high-quality managed services, including monitoring, network, security, storage and application services.