Speedera Forms Advisory Board With Technology and Internet Industry Leaders.

Business Editors

SANTA CLARA, Calif.--(BUSINESS WIRE)--Oct. 16, 2000

Speedera Networks, the first single-source provider of global traffic management, content delivery and streaming media services for the Internet, today announced its board of advisors, a group of industry experts specifically selected for their broad range of professional experience, to advise the company as it expands into new markets.

The advisory board members include Sean Maloney, senior vice president and director of sales and marketing for Intel (Nasdaq:INTC); Craig White, Hewlett-Packard vice president and president of HP Credit Corp. (NYSE:HWP); Ken Jacobs, vice president of product strategy for Oracle's server technologies division (Nasdaq:ORCL); Mike Saranga, senior vice president of engineering at Siebel Systems (Nasdaq:SEBL); Ram Shriram, managing partner of Sherpalo Ventures; and Bill Lee, chief internet officer at Critical Path (Nasdaq:CPTH).

"We are very fortunate to have such preeminent industry leaders with such a wide scope of expertise on our advisory board," said Ajit Gupta, president and chief executive officer of Speedera. "Their record of leadership and expertise will be invaluable in guiding our team as we expand our market presence and service offerings."

Sean Maloney, senior vice president and director of sales and marketing for Intel, has served in key sales and marketing roles for worldwide operations at the company since 1982.

"It's great working with Speedera Networks," said Maloney. "They are successfully addressing one of the biggest challenges of the Internet -- content delivery services with high speed and reliability -- using their unique global traffic management technology."

Craig White is Hewlett-Packard vice president and president of HP Credit Corp. He is responsible for identifying and financing growing corporate customers who are expanding their technology infrastructure with HP products and services.

Ken Jacobs, vice president of product strategy for Oracle's server technologies division, assists in planning and development for the Oracle database product family. He has also contributed to the continued development of the SQL database language and represents Oracle on national committees such as the American National Standards Institute SQL committee.

Mike Saranga is senior vice president of engineering at Siebel Systems. He brings extensive system architecture, product development, and executive management experience to the board. He spent 30 years at IBM, where his assignments included development of IBM's relational database DB2 and management of the Application Software Business Unit.

Ram Shriram is a managing partner at Sherpalo, a venture advisor firm. Formerly, he was vice president of business development and an officer at Amazon.com. Before that, he was president of Junglee, and he currently serves on the boards of Google and Yodlee.

Bill Lee, chief internet officer at Critical Path, helps shape his company's strategic direction in collaborative services. Previously, Lee was chief executive officer and co-founder of RemarQ, a collaboration company backed by Benchmark Capital. RemarQ was acquired by Critical Path in March 2000.

"For high-traffic web sites, the intelligence of Speedera's Universal Delivery Network services makes all the difference in maximizing performance and availability," said Lee. "The Speedera team has demonstrated an impressive ability to execute in delivering their services to Internet businesses around the world."

About Speedera Networks

Speedera Networks, Inc. is a rapidly growing Internet infrastructure company established in 1999 to provide services for accelerating the Internet through superior performance, reliability, and scalability. Speedera's Universal Delivery Network (UDN) 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. For more information about Speedera, please call 877/901-7794 (toll-free in the USA) or 408/970-1500, visit www.speedera.com or e-mail [e-mail].