NaviSite Announces New Agreements With Leading Content Distribution Networks to Extend streamOS--TM-- Platform Services.Business/Technology Editors ANDOVER, Mass.--(BUSINESS WIRE)--Feb. 20, 2001 Relationships with Madge.web, Speedera Networks and Streaming Media See streaming audio, streaming video and digital media hub. Corporation expand international footprint and improve high-quality content distribution NaviSite, Inc. (Nasdaq: NAVI) today announced additional relationships that significantly enhance its leading streaming services platform, streamOS(TM), including agreements with Madge.web, Speedera Networks, Inc. and Streaming Media Corporation. Leveraging the growing acceptance of streamOS(TM)and its current relationships with leading Content Distribution Networks (CDNs), these new relationships will provide NaviSite customers with an expanded global footprint, a more robust domestic network and an improved ability to deploy high-quality, high bit-rate streaming content. Since the launch of streamOS(TM) in October 2000, NaviSite has delivered some of the Internet's biggest events, such as the recent Madonna concert, which drew record setting viewership. By expanding its CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. relationships, NaviSite will provide its customers with high-performance streaming content worldwide and is well positioned to take advantage of the market opportunity for streaming media management, storage and delivery, a market that is expected to reach more than $25 billion by 2004, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. analyst group IDC. "We are pleased to be working with these leading providers whose specialized services and network attributes allow us to better address the growing demand for high-quality streaming content," said Joel Rosen, president 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. at NaviSite. "These new relationships are a continued endorsement of streamOS(TM) as a leading content management and delivery platform and single point of contact that enables companies to easily manage and deliver streaming content over multiple content distribution networks to Internet audiences worldwide." NaviSite's streamOS(TM) is a scalable, cost-effective platform for high-performance streaming content management and delivery, enabling customers to use drag-and-drop functionality to deploy, organize and manage streaming content on their Web sites via a browser-based interface. streamOS(TM) employs a utility service approach which allows customers to leverage the high-performance streaming infrastructure provided by streamOS(TM) CDNs as they need it. streamOS(TM) speeds the deployment of streaming content and events, and makes streaming more cost effective and flexible by allowing customers to pay on a usage basis with instant resource provisioning. NaviSite Streaming Media has produced more than 2,500 Webcasts for high profile clients and artists such as NFL NFL abbr. National Football League NFL (US) n abbr (= National Football League) → Fußball-Nationalliga Films, Madonna with MSN (1) (MicroSoft Network) A family of Internet-based services from Microsoft, which includes a search engine, e-mail (Hotmail), instant messaging (Windows Live Messaging) and a general-purpose portal with news, information and shopping (MSN Directory). .com, Jennifer Lopez MSN Listening party, *NSYNC NSYNC Justin Chris Joey Lasten JC (last letters of first names of members of the group NSYNC) NSYNC Negative Synchronization , Mariah Carey, Mandi Moore, Stone Temple Pilots Stone Temple Pilots (abbreviated STP) was a popular Grammy Award-winning American hard rock band in the 1990s and early 2000s, consisting of Scott Weiland (vocals), brothers Robert (bass guitar, vocals) and Dean DeLeo (guitar), and Eric Kretz (drums, percussion). , The Goo Goo Dolls, Alanis Morissette, Tori Amos Tori Amos (born Myra Ellen Amos on August 22, 1963) is an American pianist and singer-songwriter. She is married to English sound engineer Mark Hawley. Together they have one daughter, Natashya "Tash" Lórien Hawley, born on September 5, 2000. , TLC TLC total lung capacity; thin-layer chromatography. TLC abbr. 1. thin-layer chromatography 2. , BonJovi.com Webcast Live from BonJovi Studios for Microsoft, Warner Brothers Warner Brothers (b. Eichelbaums) movie executives; Harry (Morris) (1881–1958), born in Krasnashiltz, Poland; Albert (1884–1967), born in Baltimore, Md.; Samuel (1887–1927), born in Baltimore, Md. Radio Music Awards with Jay Z, Digital Club Festival Webcasts, the Tibetan Freedom Concert Webcasts, Jeff Beck Live from London with Epic Records Epic Records is an American record label, owned and operated by Sony BMG. Electric Light Orchestra, Ozzy Osbourne, Sade, Luther Vandross, Gloria Estefan, George Michael, Cyndi Lauper, and Duran Duran paved the way for Epic's multiplatinum 1980s and 1990s successes. and the Daytime Emmy Awards. NaviSite provides a full suite of streaming services, including content creation, in-studio production, signal acquisition, encoding, streaming application integration, hosting and delivery. NaviSite streaming services offer customers fast deployment and built-in high availability Also called "RAS" (reliability, availability, serviceability) or "fault resilient," it refers to a multiprocessing system that can quickly recover from a failure. There may be a minute or two of downtime while one system switches over to another, but processing will continue. to ensure streaming quality and performance. Madge.web, Speedera Networks, Inc. and SMC Networks join Digital Island, Enron and eVoke Communications as strategic partners of NaviSite's streamOS(TM)content management and delivery platform. For additional information please contact streamospartners@navisite.com. About NaviSite, Inc. NaviSite, Inc. is a leading provider of outsourced Web hosting and application services for companies conducting mission-critical business on the Internet. The Company's goal is to help customers focus on their core competencies by outsourcing the management and hosting of mission critical Web sites and applications. NaviSite is a majority-owned operating company operating company A business that engages in transactions with outsiders. of CMGI CMGI Commonly Maintained Grounds Infrastructures CMGI College Marketing Group Information (Services) , Inc. with minority investment from Microsoft Corporation. NaviSite's SiteHarbor(R) solutions provide secure, reliable, co-location and high-performance hosting services, including high-performance Internet access, and high-availability server management solutions through load balancing, clustering, mirroring and storage services. In addition, NaviSite's enhanced management services, beyond basic co-location and hosting, are designed to meet the expanding needs of businesses as their Web sites and Internet applications become more complex and as their needs for outsourcing all aspects of their online businesses intensify. The Company's application services, which include application hosting, management and rental, provide cost-effective access to, as well as rapid deployment and reliable operation of, business-critical applications, including managed services for streaming media. For more information about NaviSite, please visit www.navisite.com or by phone on the East Coast call 888-298-8222, on the West Coast call 888-929-0401. NaviSite is headquartered at 400 Minuteman Road, Andover, MA 01810. NaviSite's Streaming Media Division (SMD (1) (Storage Module Device) A high-performance hard disk interface used with minis and mainframes that transfers data in the 1-4 MBytes/sec range (SMD-E provides highest rate). See hard disk. ) is a leading outsource service provider for end-to-end streaming needs. With the expansion from a managed site hosting company to an integrated streaming services provider, NaviSite offers the highest quality production, management, broadcast, and service experience to customers who want to stream programming. The SMD provides the complete infrastructure, from filming the event to delivery over the Internet for live, on-demand and interactive video chat events. NaviSite SMD is located at 4225 Executive Square Suite 700, La Jolla, CA 92037. About Madge.web Madge.web is a global provider of rich content applications and managed network services. These services are delivered via the company's Overnet, by-passing the public Internet, to more than 30 countries around the world. Rich content services from Madge.web - architected to handle online video, audio, images and interactive media - include encoding services, virtual private networking, managed hosting, storage, streaming media distribution, marketing services and workflow management. Further information about Madge.web can be accessed on the World Wide Web at www.madgeweb.com. About Speedera Networks Speedera Networks, Inc. is a rapidly growing Internet infrastructure company that provides services for accelerating the Internet through superior performance, reliability and scalability. Speedera's Universal Delivery Network (UDN UDN Unión Democrática Nacionalista UDN Universal Domain Network UDN Unreal Developer Network UDN Ubiquity Developer Network UDN University Developers Network ) features a unique set of next generation global load balancing, failover, content delivery and streaming services, all based on a common global traffic management infrastructure. Together, these services ensure fast and reliable access to Internet applications, streaming media and other web content. Speedera Networks is located at 4800 Great America Parkway, Santa Clara, CA. For more information about Speedera, please call 877-901-7794 (toll free in the USA) or 408-970-1500, visit http://www.speedera.com or e-mail info@speedera.com. About Streaming Media Corporation Streaming Media Corporation (SMC SMC Saint Mary's College SMC Santa Monica College SMC Solaris Management Console SMC Smooth Muscle Cell SMC Small Magellanic Cloud (also see LMC) SMC Safety Management Certificate (maritime shipping) ), a privately held Delaware corporation headquartered in Englewood Cliffs, New Jersey Englewood Cliffs is a borough in Bergen County, New Jersey, United States. As of the United States 2000 Census, the borough population was 5,322. The borough houses the world headquarters of CNBC and the American headquarters of Unilever. , operates one of the largest volume Broadband Media Delivery Networks in the world. SMC provides specialized Streaming Media Network Services(TM) to website owners, private label re-sellers, various network partners, and strategically allied accompanies in the US, Canada, Asia, and Europe. SMC's 20,000 square foot Streaming Origination Center (SOC), located in Denver, Colorado, is the world's largest satellite reception facility dedicated solely to streamed media, with 25 satellite dishes capable of aggregating programming from any domestic, Asian, or European satellite with a North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. footprint. All live signals can be encoded simultaneously, in real time, and streamed live to any broadband connected web user worldwide. Additionally, the SOC is designed to digitally process and encode previously taped programming, utilizing the latest broadcast grade video equipment, and then store it for on-demand streaming delivery via SMC's distributed serving network. For more information please call 866-256-1203 (toll free), visit www.smc.net or email info@smc.net. This release contains forward-looking statements based on current expectations or beliefs, as well as a number of assumptions about future events, and these statements are subject to important factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The forward-looking statements in this release address a variety of subjects including, for example, the expected benefits to be derived from and functionality of the NaviSite's new streamOS(TM) offerings, the expected functionality of NaviSite's products and technologies, any difficulties experienced integrating streamOS(TM) with NaviSite technologies and/or with those of other service providers, CDNs and equipment suppliers, any failure of streamOS(TM) to function as designed, increased competition and technological changes in the markets in which NaviSite competes and any failure of systems or internal infrastructure. For a detailed discussion of these and other cautionary statements, please refer to the filings made by each of NaviSite and CMGI with the Securities and Exchange Commission, including the Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. and the most recently filed annual reports 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. of each of NaviSite and CMGI for the most recently ended quarter and fiscal year for each company. |
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