Speedera Networks Partners With HCL Comnet to Deliver Managed Services in India.

Business Editors/High-Tech Writers

SANTA CLARA, Calif.--(BUSINESS WIRE)--May 7, 2001

HCL Comnet, Leader in Performance Management Services, to

Offer Speedera's Universal Delivery Network Services

to Major Indian Corporations

Speedera Networks, Inc., the world's first provider of integrated streaming media, web content delivery, failover and global load balancing services for the Internet, announced today that it has signed an agreement with HCL Comnet Systems and Services Ltd, a wholly-owned subsidiary of HCL Technologies, to provide Speedera Networks' services to HCL Comnet's customers. HCL Comnet has offices across 15 countries and is one of the largest Internet IT services providers in India. Speedera Networks has a global network deployment and is the leading content delivery services provider in India.

"Our customers want to be sure that users accessing their web sites gain fast and reliable information access," commented Anant Gupta, executive vice president and founder member of HCL Comnet. "Speedera Networks' approach to providing a worldwide content delivery network, based on a single management platform, is therefore a useful proposition to offer our customers."

With the advent of the web, online business is now routinely conducted on a global scale, and how a company's web site performs has become critical to effective branding and successful e-commerce. For HCL Comnet, the focus is on helping customers get e-Enabled and on being able to provide services that can radically improve customers' web site performance and availability. Speedera's global network reach and its position as India's leading provider of content delivery, streaming and availability services -- with premier accounts such as Rediff (NASDAQ: REDF), Satyam Infoway (Nasdaq:SIFY), Times of India, Indya.com, Fabmart and go4i.com -- make it the ideal partner for HCL Comnet.

For Speedera, this agreement means its services will be readily available to HCL Comnet's customers, which include most of the serious web-based businesses in India. For customers, this agreement means that they will have easy access to both companies' industry leading Internet enabling and performance enhancing services.

"While there is obviously mutual benefit for both companies to be engaged in this agreement, customers are the ones that really benefit. They can take advantage of this relationship to leverage a single source for their Internet services needs," said Cameron Lorentz, vice president of worldwide sales for Speedera Networks. "While the competition works to build web applications, HCL Comnet is already well positioned to provide an end-to-end performance management solution to ensure that their customers' web sites are the top performers in their class."

About the Partnership

Under this agreement, HCL Comnet will be able to provide to its web customers all of Speedera's services for static, dynamic and streaming media content. Customers can leverage ground-breaking Speedera technology and services to ensure that their web sites are available 24x7 while providing a great user experience anywhere in the world. HCL Comnet can also help Indian media companies deliver rich content to their user base inside and outside of India using Speedera content servers located in 100 locations worldwide.

About HCL Comnet Systems and Services

HCL Comnet Systems and Services, a wholly-owned subsidiary of HCL Technologies, is India's leading network integration company. It has proven expertise in areas such as connectivity and security for web and non-web based corporations. It has expertise in integrating widespread technologies over different platforms to assure reliable, cost-effective, high performance networking solutions for its customers. With 650 employees in over 15 countries, HCL Comnet not only leads the multimedia network service provider segment in India, but is also the frontrunner for enterprise security solutions and network management services. The company is also the first one to offer end-to-end solutions for web enabling businesses.

The Internet Consultancy Group (ICG) is a specialized division within HCL Comnet which works with numerous web based organizations in India and abroad helping them with solutions in the areas of Internet performance management, Internet customer intelligence and Internet security vulnerability assessment. The ICG makes more than 75 million Internet performance measurements every year to help its customers manage performance for their web applications.

About Speedera Networks

Speedera Networks, Inc. is a leading provider of managed services for improving enterprises' web presence through superior performance, quality, availability and scalability, while reducing costs. The company's edge delivery network is deployed in the Americas, Europe and Asia, with connectivity to hundreds of carriers' networks. Speedera's Universal Delivery Network features a unique set of next generation streaming, content delivery, failover and global load balancing services, all based on a common global traffic management infrastructure. The company's customers and partners include Global 2000 companies, service providers, web hosting providers and other organizations worldwide. Speedera Networks is located at 4800 Great America Parkway, Santa Clara, CA, USA 95054-1227. For more information about Speedera, please call 408/970-1500, visit http://www.speedera.com or e-mail [e-mail].