U.S. House Financial Services Committee selects Akamai for delivery of hearings

EDP Weekly's IT Monitor, August 26, 2002

House Financial Services Committee utilizes Akamai's streaming services to enhance quality and availability of financial information for online audiences

Akamai Technologies, Inc. (Nasdaq:AKAM), a provider of edge computing solutions delivering secure content and distributed applications across the Internet, intranets, and extranets, has announced that the U.S. House of Representatives Committee on Financial Services has deployed Akamai's streaming media services. Akamai's live streaming services are being utilized by the Committee to broadcast prominent hearings specific to the financial services industry from its website http://financialservices.house.gov.

The Committee oversees the entire financial services industry, including the securities, insurance, banking, and housing industries. The Committee also oversees the work of the Federal Reserve, the Treasury, the SEC, and other financial services regulators. The use of streaming media enables the Committee to keep citizens regularly informed of key happenings in the U.S. financial services sector, providing access to committee hearings on such issues as corporate accounting practices, the economy, international aid, and other critical issues. Akamai's distributed global platform enables viewers of the Committee's online activities to receive important content with improved performance and end-user experience.

"Government agencies are among the many organizations that are increasingly adopting streaming for widespread distribution of public events and critical information," said Michael Ruffolo, executive vice president, Global Sales, Services, and Marketing, Akamai. "Akamai continues to attract leading businesses, as well as government and academic institutions, who recognize that a globally-distributed computing platform is essential to supporting the end-user demands placed upon the Internet for rich content, providing scalability on-demand and information assurance, no matter the circumstance."

Akamai's streaming media services deliver top-quality audio and video streams for live and on-demand viewing. Using the global Akamai Platform, Akamai's streaming service offers unmatched performance and scalability so that businesses can maximize the impact of their audio or video files. Through Akamai's integrated reporting tools, businesses are able to effectively measure the success of their programming and better understand visitors and their interests. This business insight allows companies to refine their value proposition and enhance their customers' online experience.

The Committee oversees the entire financial services industry, including the securities, insurance, banking, and housing industries. The Committee also oversees the work of the Federal Reserve, the Treasury, the SEC, and other financial services regulators.