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PRESS RELEASE

FOR RELEASE TUESDAY, AUGUST 3, 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 Expands Operations with Opening of West Coast Office

LAUREL, Md., August 3, 1999 – In a major move to expand its operations, SkyCache, Inc., the world's premier global overlay network for satellite broadcast of Internet content and streaming media, today opened its West Coast office in Redwood City, California. The office will support a core staff of four.

SkyCache’s new office is located at Redwood Shores, 303 Twin Dolphin Drive and will serve as a base for the company’s business development and sales operations in the western United States.

"Since closing our second round of financing, SkyCache has put into action a very aggressive expansion of sales and business development activities. Our new office in Redwood Shores will support these efforts and help us better serve our growing West Coast customer base and our content and distribution partners. Since we are very partnership-focused as the company continues to expand, we consider a presence in the Valley to be vital," said SkyCache Founder and CEO Doug Humphrey.

Based in Laurel, Md., SkyCache uses satellite technology to speed the distribution of high-bandwidth content and streaming media across the Internet. The company broadcasts high-bit rate Web content and Usenet news directly to the edge of the Internet and will soon add on audio and video streaming services. SkyCache services, delivered at speeds up to 45 megabits per second by the end of the year, are designed to produce cost savings and improved end-user experience.

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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