Business Services Industry
Exodus Extends Relationship With Yahoo!; Relationship Has Helped to Improve Speed and Reliability of the Most Visited Internet Domain
Business Wire, Jan 31, 2000
Business Editors/High-Tech Writers
SANTA CLARA, Calif.--(BUSINESS WIRE)--Jan. 31, 2000
Exodus Communications(TM), Inc. (Nasdaq:EXDS), a leader in complex Internet hosting and managed services, today announced that Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet communications, commerce, and media company serving 120 million users worldwide, has again named Exodus(R) as its primary service provider for Yahoo!(R) GeoCities (http://geocities.yahoo.com). Yahoo! GeoCities has a long-standing relationship with Exodus.
&uot;Like most growing online businesses, Yahoo! GeoCities requires a scaleable infrastructure and secure Internet access in order to succeed,&uot; said Ellen M. Hancock, president and CEO of Exodus. &uot;With help from Exodus, Yahoo! GeoCities has the enhanced ability to quickly and reliably expand its Internet capabilities to accommodate phenomenal growth while still containing its network operating costs.&uot;
&uot;Choosing a primary Web hosting company is a major operational decision, especially if you need to maintain one of the most popular and best-performing sites on the Web,&uot; said Kevin Timmons, director of engineering, Yahoo!. &uot;Exodus has contributed to our continued success by offering the infrastructure and level of service necessary to ensure the availability and scalability we need to keep Yahoo! GeoCities up and running around the clock regardless of increasing user demand.&uot;
Leading the Web Hosting Market
According to Forrester Research, the Web hosting market is expected to grow from $1.9 billion in 1999 to $14.6 billion by 2003. Exodus provides a variety of services to help ensure that Web servers are always available and secure, and has expert certified system administrators and network professionals to manage Internet systems for peak performance, 24 x 7, Internet operations. Exodus also provides customers with access to Internet systems management expertise, critical for providing reliable Internet services and quickly expanding Internet capabilities.
About Exodus Communications
Exodus Communications(TM) 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(TM), Exodus(R) 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.
Forward Looking Statements
This press release contains forward-looking statements. Actual results may differ materially due to a number of risks, including: the technological and operational challenges of developing, deploying and delivering Exodus' services. The matters discussed in this press release also involve risks and uncertainties described from time to time in Exodus' filings with the Securities and Exchange Commission (SEC). In particular, see &uot;Other Factors&uot; in Exodus' quarterly and annual reports filed with the SEC. Exodus does not assume any obligation to update the forward-looking information contained in this press release.
Note to Editors: Exodus Communications, Exodus and Service Metrics are trademarks of Exodus Communications, Inc., and may be registered in certain jurisdictions. Yahoo! and the Yahoo! logo are registered trademarks of Yahoo! Inc. All trademarks mentioned in this document are the property of their respective owners.
(1) According to a December 1999 Media Metrix study.
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