PSINet To Deliver Managed Web Hosting and Applications Development for AgentGO's ASP Solutions

Business Wire, Nov 28, 2000

Business Editors/Hi-Tech Writers

ASHBURN, Va.--(BUSINESS WIRE)--Nov. 28, 2000

PSINet Inc. (Nasdaq:PSIX), the Internet Super Carrier, today announced that agentGO, a mobile decision support solutions provider, has selected the company to provide managed hosting services for agentGO's entire web hosting and application service provider (ASP) operations. Terms of the multi-year agreement were not disclosed.

AgentGO's ASP model enables customers to access company data, such as sales force automation or customer relationship management information, through wireless devices from anywhere at any time. The agreement will allow customers to take advantage of agentGO's mobile infrastructure, while also benefiting from the reliability and scalability of PSINet's hosting services.

PSINet will provide agentGO with managed web hosting services that include managing and maintaining the company's web site and application and database server farm; provision of 24x7x365 security; administrative oversight and support. In addition, PSINet will provide application development, implementation, and integration services to agentGO through the company's Consulting Solutions division.

The agreement will also enable PSINet to offer its enterprise clients a wireless solution for their sales force automation, customer relationship management and other mission-critical functions. agentGO's platform will be used in PSINet's global data centers and will be available through PSINet Consulting Solutions and over the PSINet network in an ASP format.

"PSINet has over 900 points of presence in 28 countries around the world. Our alliance with them expands our reach and gives our customers a global end-to-end wireless solution," said agentGO Chairman and CEO Andres Carvallo. "With agentGO's platform powering PSINet enterprise-level wireless applications, we are positioned to accelerate the adoption of our proactive computing vision."

"PSINet is at the forefront of emerging technologies," said Ray Challis, president of PSINet's U.S Soutwest Region. "We are constantly searching for ways to expand on the current end-to-end solutions we provide, and agentGO's technology gives our customers the flexibility and capabilities that only a wireless, Web-enabled initiative can offer."

Headquartered in Austin, Texas, privately held agentGO offers real-time mobile decision support solutions for Global 2000 enterprises. agentGO's advantages include its third generation and agent-based technology, its graphical development tools, its suite of pre-built enterprise applications, its easy and rapid deployment, and its support for all networks, all relational databases and all web application servers. Through strategic partnerships and alliances with systems integrators, OEMs, ISV's and wireless carriers, agentGO offers the most easy to use, complete and cost effective wireless solutions.

Headquartered in Ashburn, Virginia, PSINet is an Internet Super Carrier offering global e-commerce infrastructure and a full suite of retail and wholesale Internet services through wholly owned PSINet subsidiaries. Services are provided on PSINet-owned and operated fiber, satellite, web hosting and switching facilities providing direct access in more than 900 metropolitan areas in 28 countries on five continents. PSINet information can be obtained by email at info@psi.com, by accessing the web site at www.psinet.com or by calling in the U.S. 800/799-0676.

This release contains information about management's view of the Company's future expectations, plans and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements, as a result of a variety of factors including, but not limited to, competitive developments, risks associated with the Company's growth, the development of the Internet market, regulatory risks and other factors that are discussed in the Company's Annual Report on Form 10-K and other documents periodically filed with the SEC.