Cohen, Milstein, Hausfeld & Toll, P.L.L.C. Files Class Action Suit Against Merrill Lynch and Henry Blodget on Behalf of Investors of Interliant, Inc

Business Wire, June 11, 2002

Business Editors, Legal Writers

WASHINGTON--(BUSINESS WIRE)--June 11, 2002

Cohen, Milstein, Hausfeld & Toll, P.L.L.C., filed a lawsuit in the United States District Court for the Southern District of New York on behalf of purchasers of the common stock of Interliant, Inc. (Nasdaq:INIT) between the period of Aug. 4, 1999, through Feb. 21, 2001, (the "Class Period"), against Merrill Lynch & Co., Inc. and its internet analyst Henry Blodget.

Cohen, Milstein, Hausfeld & Toll, P.L.L.C. is also involved in other cases against Merrill Lynch and Blodget on behalf of purchasers of Infospace, Internet Capital Group, Aether Systems, Excite@Home, 24/7 RealMedia and GoTo.com stock.

The Complaint alleges that defendants issued analyst reports with positive ratings on Interliant which failed to disclose that this positive research was issued in order to attract and maintain investment banking business.

Cohen, Milstein, Hausfeld & Toll, P.L.L.C. has significant experience in prosecuting investor class actions and actions involving financial fraud. The firm has offices in Washington, D.C., Seattle, Washington and New York, and is active in major litigation pending in federal and state courts throughout the nation. You may visit our website at www.cmht.com.

The firm's reputation for excellence has been recognized on repeated occasions by courts which have appointed the firm to lead positions in complex multi-district or consolidated litigation. Cohen, Milstein, Hausfeld & Toll, P.L.L.C. has taken a lead role in numerous important cases on behalf of defrauded investors, and has been responsible for a number of outstanding recoveries which, in the aggregate, total over a billion dollars.

If you purchased INIT common stock during the period from Aug. 4, 1999, through Feb. 21, 2001, inclusive, you may, no later than July 15, 2002, move to be appointed as a Lead Plaintiff.

If you have any questions about this notice or the action, or with regard to your rights as lead plaintiff or as a member of the class, please contact either of the following:

Steven J. Toll, Esq.

Katrina Jurgill

Cohen, Milstein, Hausfeld & Toll, P.L.L.C.

1100 New York Avenue, NW

West Tower, Suite 500

Washington, DC 20005

Telephone: 888/240-0775 or 202/408-4600

E-mail: stoll@cmht.com or kjurgill@cmht.com