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PRESS RELEASE

FOR RELEASE TUESDAY, AUGUST 17, 1999

CONTACT:
Doug Mohney
Director of Marketing
Voice: 301-598-0500 x2208
Fax: 301-598-0837
e-mail: moo@skycache.com

AGENCY CONTACT:
Laurie Head
Ogilvy PR Worldwide
Voice: 202-452-9529
e-mail: laura.head@dc.ogilvypr.com

SkyCache Names Gary Allen, Ashok Rao to Director Positions

LAUREL, Md., August 17, 1999 – SkyCache, Inc., the world's premier global overlay network for satellite broadcast of Internet content and streaming media, announced today the addition of two satellite company specialists to its senior staff. Gary Allen joins SkyCache as director of operations, and Ashok Rao has been named director of engineering and development.

SkyCache uses high-speed, satellite technology in delivering bandwidth-intensive Web content and Usenet news directly to the Internet's edge and will soon provide audio and video streaming services. The company's customers include more than 100 North American and European enterprises, among whom are Internet Service Providers (ISPs) and corporations.

Mr. Allen comes to SkyCache from INTELSAT, where, since 1993, he directed more than 40 information services personnel in the $900 million international satellite organization's operations and user services department. Prior to INTELSAT, from 1987 until 1993, he served as vice president, product development, for Communications Satellite Corporation, a satellite and entertainment company. Earlier in his career, Mr. Allen spent seven years as a senior manager at Deloitte & Touche, where he provided consulting services to more than 50 clients in the areas of sales, marketing, manufacturing and information systems.

Dr. Rao holds a doctorate in electrical engineering and most recently managed the fixed networks department of COMSAT Laboratories, the preeminent advanced satellite communications laboratory affiliated with the $600 million COMSAT Corporation. Throughout his 10-year career with COMSAT Labs, Dr. Rao worked on numerous projects, including developing MPEG-2 video.

Encoders and receivers, and designing architecture and software for delivering IP services via satellite . Mr. Rao has authored or co-authored more than 20 journal and conference publications and holds five patents. His technical strengths are in networking, software engineering, communications, and video processing.

About SkyCache

SkyCache is the world's leading global broadband broadcast network that uses the power of high-speed satellite technology to move high-bandwidth Internet data faster and more efficiently to ISPs, corporations and other enterprises. The Laurel, Md.-based company is operating and expanding its global broadcast network to improve movement of Web content, Usenet News and IP audio/video over the Internet, as well as to provide for FTP mirroring and web site replication. SkyCache currently serves over 100 North American and European customers, representing nearly 3 million Internet users.

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"SkyCache" and its logo are trademarked throughout the world and "SkyCache Compatible" is a trademark of SkyCache, Inc. Other trademarks, service marks, and trade names belong to their respective owners.

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