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Digital Island Announces Building Industry Innovator BidCom as Customer to Reach New Global Markets.

SAN FRANCISCO--(BUSINESS WIRE)--July 6, 1999--

Internet Hub and Web-Based Application Provider BidCom Partners with

Digital Island to Strategically Expand into Asia and Europe

Digital Island, Inc. (NASDAQ: ISLD), a leading provider of network services for globalizing e-Business applications, announced today BidCom, Inc. as a customer in a strategic relationship that will enable the pioneer of online outsourcing services for the building industry to rapidly reach new markets worldwide.

BidCom will use Digital Island to deploy in-Site(TM), its business-to-business Internet-based application in the U.S as well as into key new markets in Europe and Asia. in-Site is available only on the Internet as an outsourced service that supports all participants of a building project throughout its entire lifecycle. BidCom customers include Federated Department Stores, Swinerton & Wahlberg Builders, Sun Microsystems, and The Gap.

"Our customers rely on our service to be available 24 hours a day, seven days a week from any remote location," said Daryl Magana, president and CEO of BidCom. "With Digital Island, we can reliably and securely extend our service and our new e-commerce business hub to customers globally."

"BidCom's in-Site represents the next generation of Internet-outsourced applications whose success rests on innovation and providing the best possible end-user experience," said Ruann F. Ernst, president and CEO of Digital Island. "Digital Island's outsourcing services enable companies such as BidCom to accelerate time to market worldwide."

In addition to supporting BidCom's in-Site application, Digital Island also plans to support BidCom's new e-commerce and content business hub (www.buildinsite.com), which is scheduled to go live in the third quarter of 1999. BidCom's business hub is expected to serve as the building industry's central location for exchanging information, accessing industry news and engaging in real-time e-commerce transactions. The hub's services will include immediate access to new project opportunities, real-time bidding on projects, a service to aid in the estimation of project costs, and an in-Site-based communication and collaboration service for the review and approval of documents, budgets and plans by team members that are distributed across the globe.

BidCom (http://www.bidcom.com) is the building industry's first Internet hub and web-based application provider. BidCom develops and markets in-Site, a business-to-business application designed to enable companies to manage risk, drive down costs and complete projects on time. Delivered as an Internet-outsourced service, in-Site is uniquely designed to support all participants of a building project, throughout the entire project lifecycle. in-Site allows communication and collaboration, document and file management, and business process management in a flexible, highly secure environment. BidCom is creating the virtual marketplace for the building industry. Headquartered in San Francisco, Calif., with offices in New York, Los Angeles and San Francisco, BidCom is sold direct through a worldwide sales force on a per-project, per-person basis. BidCom is privately held and has received venture financing from Internet Capital Group, Partech International and Oracle Corporation.

Digital Island(R) is a leading provider of network services for globalizing e-Business applications. Digital Island serves companies that operate in multiple countries and need to securely and consistently extend business-critical applications for marketing, selling, servicing, or distributing products via the Internet. Digital Island's service includes global content distribution and hosting, the localization of end-user online experiences, and a reliable global Intelligent Network, all of which are designed to deliver the right content, to the right customer, in the right market, at the right time. The Company has regional data centers in New York, Santa Clara, Honolulu and London, connecting directly into 19 countries (http://www.digitalisland.net/products/network.shtml) with Local Content Managers in nine markets worldwide to provide the ubiquity and reach of the public Internet with the quality and functionality normally available only in a corporate wide-area network.

Important Notice

Digital Island is a registered trademark of Digital Island, Inc. in the U.S. and certain other countries. in-Site is a trademark of BidCom, Inc. and may be registered in certain jurisdictions. All other trademarks mentioned in this document are the property of their respective owners.

This release may contain forward-looking statements that involve risks and uncertainties. Important factors which could cause actual results to differ materially from those in the forward-looking statements, include but are not limited to: the company's short operating history which makes it difficult to predict its future results of operations; the company's history of operating losses and expected future losses which could impede its ability to address the risks and difficulties encountered by companies in new and rapidly evolving markets; the company's future operating results could fluctuate which may cause volatility or a decline in the price of the company's stock; the company may not be able to price its services above the overall cost of bandwidth causing its financial results to suffer; and other factors detailed in the Company's filings with the Securities and Exchange Commission including its recent filing on Form S-1.

Editors' Note: Background information and digital photo files on Digital Island can be found in the Digital Island Virtual Press Room, http://www.digitalisland.net/news/vpr, user name: media, password: access.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 6, 1999
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