Court Awards Akamai Broad Permanent Injunction Against Cable & Wireless; Cable & Wireless Ordered to Immediately and Permanently Shut Down Digital Island Footprint 2.0 Service.Business/Technology Editors CAMBRIDGE, Mass.--(BUSINESS WIRE)--Aug. 22, 2002 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 NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : AKAM AKAM Akamai Technologies, Inc. (stock abbreviation) AKAM Automated Key Access Machine ) today announced that the Federal District Court in Boston has enjoined Cable & Wireless Internet Services, Inc. from making, using, selling, offering for sale, or importing into the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , the patented inventions of Claims 1, 3, 5, and 9 of U.S. Patent No. 6,108,703, and from active inducement of infringement of these claims. The Court's Order requires Cable & Wireless to shut down Digital Island's Footprint 2.0 service as configured and described at trial. That service was recently rebranded under the Exodus name. "This major victory vindicates our patent rights and the value of Akamai's industry-leading technology," said George Conrades, chairman and 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. of Akamai. "We will now turn our attention to seeking full compensation from Cable & Wireless for the long-standing infringement of this patent." "The injunction is very broad, and we do not believe that Cable & Wireless's post-trial attempts to design around these claims have succeeded," added David Judson, Akamai's patent counsel. "If Cable & Wireless continues to operate its infringing content delivery service, we will seek to hold them in contempt of the Court's Order." About Akamai Akamai is 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. These solutions enable customers to achieve optimal results from their e-business initiatives, thereby reducing the cost of ownership, improving return on investment, 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, 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, our ability to protect our intellectual property rights and inventions from third party challenges 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. and other documents periodically filed with the SEC. (c)2002 Akamai Technologies, Inc. |
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