Exodus Names Morris Taradalsky Executive Vice President for Engineering; James McInerney Appointed Technology Strategist - Company Operations

Cambridge Telcom Report, May 8, 2000

Exodus Communications, Inc.(Nasdaq:EXDS), a leader in complex Internet hosting and managed services, Monday announced it has named Morris Taradalsky executive vice president for engineering.

Taradalsky will be responsible for the company's worldwide engineering implementation and strategic engineering planning efforts. Taradalsky, who has thirty years of executive experience in the computer industry, will report directly to Ellen M. Hancock, Exodus' president and chief executive officer. The Company also announced Monday that James McInerney has been appointed technology strategist. In this new role, he will be responsible for emerging technologies and integration opportunities. McInerney continues to report to Ellen M. Hancock.

"Morris' extensive background with market leaders such as IBM and Apple will add tremendous strength to our experienced senior management team," said Ellen M. Hancock, president and CEO of Exodus. "I am delighted that Morris has joined our team, and I know his experience will be a great asset to Exodus."

"Exodus is the pioneer and recognized leader in the outsourcing of complex Web hosting," said Taradalsky. "As the market matures, businesses will be looking towards more outsourcing and Internet hosting solutions. I am excited to be part of Exodus because we are being entrusted with the mission-critical Internet operations of the world's top Web sites and blue-chip companies."

Taradalsky's previous experience includes 18 years with IBM, where he worked in a variety of engineering and management positions to help establish the computer industry's recognized standard of business programming lines. Taradalsky also served six years as vice president and general manager in the business systems division at Apple Computer. He served as executive vice president for leading eBusiness Internet software provider NetObjects, and also led storage subsystem vendor MicroNet Technology, where he served as president and CEO.

As technology strategist, James McInerney will also continue to work with the Exodus management team to ensure that the Company's worldwide backbone network remains as one of the Web hosting industry's most scalable, robust and secure networks.

"Jim has provided Exodus with invaluable technology and engineering management, vision and implementation," said Hancock. "He has built a great foundation for us and we're delighted that he is providing technology strategy support. Jim's contributions to Exodus in helping build the Exodus worldwide network and R&D organization have been tremendous."

"I am looking forward to working with Ellen, Morris and the rest of the executive team as Exodus continues to grow," said Jim McInerney. "As I shift my focus to technology strategy, I feel confident that I am leaving the engineering matters in proven hands."

Exodus Communications is a leading provider of complex Internet hosting for enterprises with mission-critical Internet operations. The Company offers sophisticated system and network management solutions, along with technology professional services to provide optimal performance for customers' web sites. Through its subsidiary, Service Metrics, Exodus is a leading source of Web site performance monitoring and measurement services. Exodus manages its network infrastructure via a worldwide network of Internet Data Centers (IDCs) located in the United States, Europe and Asia Pacific. More information on Exodus can be found at www.exodus.net.