XDegrees Named Among Red Herring's Ten To Watch

XDegrees Supports Sun's JXTA Initiative as Red Herring Heralds XDegrees'

Pioneering Technology and Winning Business Strategy



Apr 25, 2001, 01:00 ET from XDegrees

    LAKE TAHOE, Calif., April 25 /PRNewswire/ -- XDegrees, an innovative
 provider of secure, intelligent and flexible enterprise Network Applications,
 today announced its selection as one of Red Herring's "Ten to Watch" for 2001.
 Selected by the editors of Red Herring, the leading magazine of business
 technology and innovation, the list features the top 100 public and private
 companies that represent the future -- the latest trends, the hottest sectors
 and the leading markets as well as the Ten to Watch, startups whose technology
 Red Herring believes will be noteworthy in the coming year.
     In its fifth year, the annual Red Herring Ten to Watch has become the most
 respected list of its kind.  The editors of Red Herring compile the list from
 the same qualitative insights used by venture capitalists and investment
 bankers -- insights that predict a company's ability to overturn existing
 markets or create entirely new ones.  Whatever the state of public and private
 equity markets; these companies still matter.
     XDegrees' flagship eXtensible Resource Name System (XRNS), illuminates the
 "Dark Matter" of enterprise networks and the Internet-distributed resources,
 such as files, services and machines-by making them securely addressable and
 accessible regardless of location.  XRNS does this by assigning each resource
 a logical identifier, tracking the various locations for the resource and then
 optimally routing requests for the resource.
     XDegrees is also pleased to announce its support for project JXTA, a
 prototype next generation network computing research project led by Sun which
 was announced earlier today. Sun is leading an important incubation effort,
 and XDegrees is proud to be part of that effort.
     The Ten to Watch list, featured in the May 2001 issue and on Red Herring's
 website www.redherring.com, includes highly relevant information including the
 company's strategy, execution, products and services, brand, finances and
 competition.  Joining the world's most influential thought leaders in finance,
 technology and business innovation, the Red Herring Ten to Watch will be
 presenting at Venture 2001, Red Herring's annual invitation-only summit to be
 held April 29 through May 1, 2001 at the Resort at Squaw Creek, Lake Tahoe,
 CA.  For more information regarding Venture 2001, please visit
 www.redherring.com/events.
 
     About XDegrees
     XDegrees illuminates the "Dark Matter" of enterprise networks and the
 Internet-distributed resources, such as files, services and machines -- by
 making them securely accessible regardless of location.  The company was
 founded by a team of successful entrepreneurs including founders and former
 executives from AdForce, HP Labs, Junglee and Amazon.  Founded in 2000,
 XDegrees is privately held and based in Mountain View, CA.  More information
 can be found at www.xdegrees.com.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X13763573
 
 

SOURCE XDegrees
    LAKE TAHOE, Calif., April 25 /PRNewswire/ -- XDegrees, an innovative
 provider of secure, intelligent and flexible enterprise Network Applications,
 today announced its selection as one of Red Herring's "Ten to Watch" for 2001.
 Selected by the editors of Red Herring, the leading magazine of business
 technology and innovation, the list features the top 100 public and private
 companies that represent the future -- the latest trends, the hottest sectors
 and the leading markets as well as the Ten to Watch, startups whose technology
 Red Herring believes will be noteworthy in the coming year.
     In its fifth year, the annual Red Herring Ten to Watch has become the most
 respected list of its kind.  The editors of Red Herring compile the list from
 the same qualitative insights used by venture capitalists and investment
 bankers -- insights that predict a company's ability to overturn existing
 markets or create entirely new ones.  Whatever the state of public and private
 equity markets; these companies still matter.
     XDegrees' flagship eXtensible Resource Name System (XRNS), illuminates the
 "Dark Matter" of enterprise networks and the Internet-distributed resources,
 such as files, services and machines-by making them securely addressable and
 accessible regardless of location.  XRNS does this by assigning each resource
 a logical identifier, tracking the various locations for the resource and then
 optimally routing requests for the resource.
     XDegrees is also pleased to announce its support for project JXTA, a
 prototype next generation network computing research project led by Sun which
 was announced earlier today. Sun is leading an important incubation effort,
 and XDegrees is proud to be part of that effort.
     The Ten to Watch list, featured in the May 2001 issue and on Red Herring's
 website www.redherring.com, includes highly relevant information including the
 company's strategy, execution, products and services, brand, finances and
 competition.  Joining the world's most influential thought leaders in finance,
 technology and business innovation, the Red Herring Ten to Watch will be
 presenting at Venture 2001, Red Herring's annual invitation-only summit to be
 held April 29 through May 1, 2001 at the Resort at Squaw Creek, Lake Tahoe,
 CA.  For more information regarding Venture 2001, please visit
 www.redherring.com/events.
 
     About XDegrees
     XDegrees illuminates the "Dark Matter" of enterprise networks and the
 Internet-distributed resources, such as files, services and machines -- by
 making them securely accessible regardless of location.  The company was
 founded by a team of successful entrepreneurs including founders and former
 executives from AdForce, HP Labs, Junglee and Amazon.  Founded in 2000,
 XDegrees is privately held and based in Mountain View, CA.  More information
 can be found at www.xdegrees.com.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X13763573
 
 SOURCE  XDegrees