CacheFlow Appoints New Chairman of the Board of Directors.Business Editors/Technology Writers SUNNYVALE, Calif.--(BUSINESS WIRE)--Feb. 14, 2001 CacheFlow Inc. (Nasdaq:CFLO CFLO Central Florida Lyric Opera ), the leader in content-smart networking, today announced that David W. Hanna has been appointed Chairman of the Board of Directors for CacheFlow. Mr. Hanna has been a member of CacheFlow's Board of Directors since 1996. A former senior executive at IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Mr. Hanna has been President, 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. , or Director of more than 10 high technology companies. He is now Chairman of Hanna Capital Management, an investment management firm. "Dave Hanna is a strong leader with extensive experience in our industry," said Brian NeSmith Brian NeSmith is a technology entrepreneur and CEO of Blue Coat Systems, Inc. NeSmith graduated from the Massachusetts Institute of Technology in 1984, holding a Bachelors Degree in electrical engineering. , CacheFlow President and Chief Executive Officer. "As an active board member, he is intimately familiar with the company, our customers, our technology and our people. His expertise and proven track record in the industry is a tremendous asset to CacheFlow." "I am very excited to be appointed CacheFlow's Chairman, and honored to play an integral role in the company's vision and future," said David Hanna. "In the time that I have been affiliated with CacheFlow, I have been continually impressed with the talent and commitment of our people and with the excellence of CacheFlow's technology. As the content delivery market continues to grow, I look forward to working more closely with everyone at CacheFlow, and our partners, to continue to bring our customers the very best solutions on the market." About CacheFlow Inc. CacheFlow is focused on content-smart networking -- a new layer of infrastructure for intelligently accelerating, delivering, and managing static, streaming, and dynamic content. CacheFlow's market-leading appliances and innovative content delivery technologies delivered within its cIQ content-delivery architecture enable enterprises, service providers and content delivery network providers to deliver the right content to the right place at the right time. Based in Sunnyvale, Calif., CacheFlow can be contacted via telephone at 408/220-2200, fax at 408/220-2250 or email at info@cacheflow.com. Forward Looking Statements This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. regarding CacheFlow's expectations, beliefs, intentions or strategies regarding the future. These statements are based on current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially. Other important factors that could cause actual results to differ materially include the level of demand for CacheFlow's products and services; the intensity of competition; CacheFlow's ability to effectively manage product transitions and to continue to expand and improve internal infrastructure; risks associated with potential acquisitions; and risks related to the Internet caching appliance A self-contained cache server dedicated to Web caching. See Web cache and NetCache. NetCache Appliance A NetCache is an "appliance" because it plugs into the network and performs one function: Web caching. industry. For a more detailed discussion of the risks relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc CacheFlow's business, investors should read CacheFlow's Form 10-Q Form 10-Q See 10-Q. for the quarter ended October 31, 2000, and CacheFlow's 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. for the year ended April 30, 2000, which are on file with the Securities and Exchange Commission. All forward-looking statements included in this press release are based upon information available to CacheFlow as of the date hereof, and CacheFlow will not update these forward-looking statements. |
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