Patent Issued for Akamai's Internet Content Delivery Service.Business Editors CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sept. 18, 2000 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 ), the foremost provider of global, high performance services for the delivery of Internet content, streaming media See streaming audio, streaming video and digital media hub. , and applications, announced today the issuance of a new patent that covers several innovative aspects of the company's industry-leading FreeFlow(SM) content delivery service. The U.S. Patent and Trademark Office issued U.S. Patent No. 6,108,703, entitled "Global Hosting System," on August 22. The '703 patent, granted to MIT MIT - Massachusetts Institute of Technology in the names of Tom Leighton, Akamai's Chief Scientist, and Danny Lewin, Akamai's Chief Technology Officer, has been licensed to Akamai on an exclusive basis. FreeFlow, which transforms the Internet from an inconsistent transport medium into a high-performance network, leverages Akamai's massive, distributed global network of servers that work together to efficiently place content and applications close to Web users. The service accelerates and dramatically improves Web site performance. The '703 patent complements a portfolio of content delivery patents that Akamai owns as a result of its acquisition of INTERVU earlier this year. "Akamai has achieved its substantial market-leading position through superior customer value, win-win relationships with its network partners, and breakthrough technology that works for a growing base of over 2,100 customers," 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. "The issuance of this new patent validates our technological leadership, and it confirms the unique nature of Akamai's FreeFlow service. Patents are just one element in our strategy to build and maintain our competitive advantage, and to increase shareholder value." About Akamai Akamai is the foremost provider of global, high performance services for the delivery of Internet content, streaming media, and applications, serving over 2,100 customers. Akamai has the broadest deployment of servers for content, streaming media, and applications delivery with more than 4,200 servers in 50 countries directly connected to 225 different telecommunications networks. Akamai (pronounced AH kuh my) is Hawaiian for intelligent, clever and cool. 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, a challenge, invalidation or circumvention of any of Akamai's patent rights, 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 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. |
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