Speedera Networks Expands Services Availability Through Partnership Agreement With Hitachi netBusiness

Hitachi netBusiness Gains Quick Access to Richer Set of Managed Services,

Gives Customers One-Stop Access for End-To-End Network and Internet Business

Solutions



Apr 30, 2001, 01:00 ET from Speedera Networks, Inc.

    SANTA CLARA, Calif., April 30 /PRNewswire/ -- Speedera Networks, Inc., the
 world's first provider of integrated streaming media, web content delivery,
 failover and global load balancing services for the Internet, and
 Hitachi netBusiness, Ltd., a wholly-owned subsidiary of Hitachi, Ltd.
 (NYSE:   HIT), announced today that they have entered into a partnership
 agreement whereby Hitachi and Hitachi netBusiness will sell services powered
 by Speedera.  The agreement gives customers in Japan and elsewhere in Asia a
 single source for complete, managed ebusiness services, through Hitachi's
 family of managed network services.
     "As networks and the Internet take on an ever larger role for the
 distribution of information, the secure and reliable delivery of rich content
 is a key ingredient for our customers," said Iwao Hara, president of
 Hitachi netBusiness.  "By working with Speedera, we are now immediately able
 to provide our customers with the best solutions for delivering multimedia
 content including sound and video over the Internet.  Adding these services to
 our complete package of business platform solutions will help us achieve our
 goal of becoming the leading provider of network and Internet business
 solutions."
     Hitachi netBusiness is focused on helping service providers, content
 providers and other customers with the services and operating know-how
 required to get a net business up and running quickly.  Hitachi netBusiness
 benefits from this partnership agreement with Speedera by being able to offer
 a richer set of managed Internet services as part of its overall solutions
 set.  For its part, Speedera benefits from leveraging Hitachi netBusiness to
 offer services to a much wider market.  Ultimately, customers will receive the
 greatest benefit as they now have easy access to both companies' industry
 leading ebusiness services, including co-location, managed hosting, storage,
 content delivery, streaming media and services for enhanced availability.
     "Our partnership with Hitachi netBusiness, part of one of the world's
 leading electronics companies, greatly strengthens our presence in Asia," said
 Ajit Gupta, CEO of Speedera Networks.  "We're honored by Hitachi's selection
 of Speedera as a partner, which provides a strong validation of our
 technology.  The combined forces from our two companies will provide
 enterprises with industry-leading managed services.  These services enable
 enterprises' end-users to experience great web performance, high availability
 and excellent quality for Internet content of all kinds, from graphics to
 encrypted content to streaming media."
     According to the Internet Association of Japan, Japan is the world's
 second largest Internet market with 20 million users as of August 2000, and
 according to Merrill Lynch, the market for Internet Service Providers and
 Managed Data Networks in Japan will grow from 341 billion yen or
 US$3.1 billion to 2.4 trillion yen or US$23.9 billion by 2009.  This
 translates into approximately 7 percent of the worldwide service market for
 these services.
 
     About Hitachi netBusiness
     Hitachi netBusiness, Ltd. (HnB) is a strategic subsidiary of Hitachi, Ltd.
 and integrates the expertise of the Hitachi Group and its Internet
 technologies to build and provide "business platforms" that are secure and
 cost effective.  Hitachi netBusiness provides co-location services using HnB's
 IDCs (Internet Data Centers) and provides managed storage services using
 Hitachi's storage system as a leading SSP (Storage Service Provider) in Japan.
 Hitachi netBusiness is located at 31st Floor, World Trade Center Building,
 4-1, Hamamatsu-cho, 2-chome, Minato-ku, Tokyo, 105-6131 Japan.  For more
 information about Hitachi netBusiness, please send e-mail to
 infodesk@hi-nb.com or visit http://www.hi-nb.com/english/index.html .
 
     About Hitachi Ltd.
     Hitachi, Ltd., headquartered in Tokyo, Japan, is one of the world's
 leading global electronics companies, with fiscal 1999 (ended March 31, 2000)
 consolidated sales of 8,001 billion yen (US$75.5 billion, at an exchange rate
 of 106 yen to the dollar).  The company manufactures and markets a wide range
 of products, including computers, semiconductors, consumer products as well as
 power and industrial equipment.  For more information on Hitachi, Ltd., please
 visit Hitachi's Web site at http://global.hitachi.com .
 
     About Speedera Networks
     Speedera Networks, Inc. is a leading provider of managed services for
 improving enterprises' web presence through superior performance, quality,
 availability and scalability, while reducing costs.  The company's edge
 delivery network is deployed in the Americas, Europe and Asia, with
 connectivity to hundreds of carriers' networks worldwide.  Speedera's
 Universal Delivery Network features a unique set of next generation streaming,
 content delivery, failover and global load balancing services, all based on a
 common global traffic management infrastructure.  The company's customers and
 partners include Global 2000 companies, service providers, web hosting
 providers and other organizations worldwide.  Speedera Networks is located at
 4800 Great America Parkway, Santa Clara, CA, 95054-1227.  For more information
 about Speedera, please call 877-901-7794 (toll free in the USA) or
 408-970-1500, visit http://www.speedera.com or e-mail info@speedera.com.
 
                      MAKE YOUR OPINION COUNT - Click Here
                http://tbutton.prnewswire.com/prn/11690X41919815
 
 

SOURCE Speedera Networks, Inc.
    SANTA CLARA, Calif., April 30 /PRNewswire/ -- Speedera Networks, Inc., the
 world's first provider of integrated streaming media, web content delivery,
 failover and global load balancing services for the Internet, and
 Hitachi netBusiness, Ltd., a wholly-owned subsidiary of Hitachi, Ltd.
 (NYSE:   HIT), announced today that they have entered into a partnership
 agreement whereby Hitachi and Hitachi netBusiness will sell services powered
 by Speedera.  The agreement gives customers in Japan and elsewhere in Asia a
 single source for complete, managed ebusiness services, through Hitachi's
 family of managed network services.
     "As networks and the Internet take on an ever larger role for the
 distribution of information, the secure and reliable delivery of rich content
 is a key ingredient for our customers," said Iwao Hara, president of
 Hitachi netBusiness.  "By working with Speedera, we are now immediately able
 to provide our customers with the best solutions for delivering multimedia
 content including sound and video over the Internet.  Adding these services to
 our complete package of business platform solutions will help us achieve our
 goal of becoming the leading provider of network and Internet business
 solutions."
     Hitachi netBusiness is focused on helping service providers, content
 providers and other customers with the services and operating know-how
 required to get a net business up and running quickly.  Hitachi netBusiness
 benefits from this partnership agreement with Speedera by being able to offer
 a richer set of managed Internet services as part of its overall solutions
 set.  For its part, Speedera benefits from leveraging Hitachi netBusiness to
 offer services to a much wider market.  Ultimately, customers will receive the
 greatest benefit as they now have easy access to both companies' industry
 leading ebusiness services, including co-location, managed hosting, storage,
 content delivery, streaming media and services for enhanced availability.
     "Our partnership with Hitachi netBusiness, part of one of the world's
 leading electronics companies, greatly strengthens our presence in Asia," said
 Ajit Gupta, CEO of Speedera Networks.  "We're honored by Hitachi's selection
 of Speedera as a partner, which provides a strong validation of our
 technology.  The combined forces from our two companies will provide
 enterprises with industry-leading managed services.  These services enable
 enterprises' end-users to experience great web performance, high availability
 and excellent quality for Internet content of all kinds, from graphics to
 encrypted content to streaming media."
     According to the Internet Association of Japan, Japan is the world's
 second largest Internet market with 20 million users as of August 2000, and
 according to Merrill Lynch, the market for Internet Service Providers and
 Managed Data Networks in Japan will grow from 341 billion yen or
 US$3.1 billion to 2.4 trillion yen or US$23.9 billion by 2009.  This
 translates into approximately 7 percent of the worldwide service market for
 these services.
 
     About Hitachi netBusiness
     Hitachi netBusiness, Ltd. (HnB) is a strategic subsidiary of Hitachi, Ltd.
 and integrates the expertise of the Hitachi Group and its Internet
 technologies to build and provide "business platforms" that are secure and
 cost effective.  Hitachi netBusiness provides co-location services using HnB's
 IDCs (Internet Data Centers) and provides managed storage services using
 Hitachi's storage system as a leading SSP (Storage Service Provider) in Japan.
 Hitachi netBusiness is located at 31st Floor, World Trade Center Building,
 4-1, Hamamatsu-cho, 2-chome, Minato-ku, Tokyo, 105-6131 Japan.  For more
 information about Hitachi netBusiness, please send e-mail to
 infodesk@hi-nb.com or visit http://www.hi-nb.com/english/index.html .
 
     About Hitachi Ltd.
     Hitachi, Ltd., headquartered in Tokyo, Japan, is one of the world's
 leading global electronics companies, with fiscal 1999 (ended March 31, 2000)
 consolidated sales of 8,001 billion yen (US$75.5 billion, at an exchange rate
 of 106 yen to the dollar).  The company manufactures and markets a wide range
 of products, including computers, semiconductors, consumer products as well as
 power and industrial equipment.  For more information on Hitachi, Ltd., please
 visit Hitachi's Web site at http://global.hitachi.com .
 
     About Speedera Networks
     Speedera Networks, Inc. is a leading provider of managed services for
 improving enterprises' web presence through superior performance, quality,
 availability and scalability, while reducing costs.  The company's edge
 delivery network is deployed in the Americas, Europe and Asia, with
 connectivity to hundreds of carriers' networks worldwide.  Speedera's
 Universal Delivery Network features a unique set of next generation streaming,
 content delivery, failover and global load balancing services, all based on a
 common global traffic management infrastructure.  The company's customers and
 partners include Global 2000 companies, service providers, web hosting
 providers and other organizations worldwide.  Speedera Networks is located at
 4800 Great America Parkway, Santa Clara, CA, 95054-1227.  For more information
 about Speedera, please call 877-901-7794 (toll free in the USA) or
 408-970-1500, visit http://www.speedera.com or e-mail info@speedera.com.
 
                      MAKE YOUR OPINION COUNT - Click Here
                http://tbutton.prnewswire.com/prn/11690X41919815
 
 SOURCE  Speedera Networks, Inc.