Spacedisk Changes Name to Accellion.

Business Editors

SAN JOSE, Calif.--(BUSINESS WIRE)--June 4, 2001

Spacedisk, Inc., a second-generation Storage and Content Delivery Network (CDN), announced today the company has changed its name to Accellion, Inc. The new name more accurately reflects the company's focus on accelerating the storage and delivery of premium content to the end user. The Company's solutions combine Intelligent Storage with a Content Delivery Network to provide storage where you need it and when you need it in a secure and confidential manner.

"As the first to market with a solution that addresses the convergence of storage and content delivery networks, we have raised the bar on what enterprises can expect from a solutions provider," said Warren J. Kaplan, president and CEO of Accellion. "We have put the pedal to the metal and are accelerating the time to market for companies at a time when they are looking for ways to increase revenues, reduce costs and improve performance. Our global solutions deliver an Instant Infrastructure that gives our customers greater control over the distribution and delivery of content to their users."

Accellion's services provide unlimited scalability, high availability, accelerated performance and global accessibility for content storage and distribution from the Edge of the Internet. Utilizing these services, customers can accelerate their time to market, outsource their bandwidth and storage needs, while at the same time significantly reducing costs. In the process, enterprise customers can achieve a fast, highly secure and available service for their own customers, which accelerates time to market and revenue growth.

Accellion has built a tightly integrated and highly dispersed global network of Edge Points of Presence (EPoP). They are located in 5 continents and 22 countries and are in facilities operated by Tier-1 Co-location or Internet Service Providers. Each EPoP is designed with highly available edge storage, with all the necessary network equipment to provide secure access, and inner system communication, management, and monitoring. Each EPoP also contains all the tools, diagnostic equipment, and spare equipment needed to maintain a high availability environment.

The Accellion Smart Edge Operating System(TM) (SeOS(TM)) is a proprietary operating system and is at the core of the company's service offering. The SeOS ties all of the Accellion EPoPs together, monitors Internet traffic patterns and usage, and intelligently stores and delivers our customers' content to and from the best performing edge locations. The SeOS also provides secure services for controlled uploading and downloading of files, pinpoint replication, and storage management with detailed metering and usage thresholds. A set of APIs allows developers to easily integrate the Accellion infrastructure into their solutions to deliver a truly Internet enabled application.

The Accellion Confidential Delivery service provides a secure way of distributing dynamic and secure content to customers, providing comprehensive management and control:

-- Managing what content and where it is placed around the globe

-- Controlling and authenticating who has access to the content

-- Directing when and how content gets delivered to customers

With Confidential Delivery, content is synchronized from the host server to the closest EPoP and replicated under full control of the customer to the specific locations that are needed to serve the end users. End users then download the content fast from the best Accellion EPOP location on the edge of the Internet. The service securely speeds up customer download times while providing the ability to control the distribution of content to only authenticated users.

The Accellion Global Storage Express service enables collaboration and sharing of content between users and at the same time stores that content at the edge of the Internet, closer to the end user and away from the congestion points of the Internet. The service securely speeds up customer uploads and downloads and adds fault tolerance by replicating the content to other EPoPs on an Application Defined basis.

About Accellion, Inc.

Accellion is a Second-Generation Storage and Content Delivery Network (CDN) that delivers all of the performance improvements of a traditional CDN and provides highly dense and fault tolerant storage on the edges of the Internet. The Company's proprietary Smart Edge Operating System (SeOS) provides secure services for controlled file storage, access and management; application processing; and content distribution. Customer's content is managed and distributed through a worldwide EPoP network that brings content closer to the end-user; increases reliability; and provides limitless scalability. With Accellion solutions, customers will see increased revenues, reduced costs, improved performance and accelerated time to market. For more information regarding Accellion and its service offering please visit the company's web site: www.accellion.com.

Accellion, Accellion Confidential Delivery, Accellion Global Storage Express, Smart Edge Operating System, SeOS, and EPoP are proprietary marks of the Accellion Group of Companies. All other company names may be trademarks of the respective companies with which they are associated.