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PRESS RELEASE

FOR IMMEDIATE RELEASE

AGIS Contact:
Charlie Buckley
313-730-1130
Charlie@agis.net

SkyCache Contact:
Doug Mohney
301-598-0500 ext. 2208
moo@skycache.com

AGIS BENEFITS FROM GENTLEMAN'S AGREEMENT WITH SKYCACHE
      Red Wings' Stanley Cup Victory Brings SkyCache Services to AGIS

Laurel, MD, June 22, 1998 - AGIS and SkyCache, Inc. met today to exchange high-tech services as well as corporate T-shirts and mugs in accordance with a gentleman's agreement struck at the North American Network Operators Group (NANOG) meeting in Detroit, Michigan, on June 9, 1998. At NANOG, Phillip J. Lawlor, President and CEO of Dearborn, MI based AGIS, and Doug Humphrey, President and Founder of SkyCache, Inc. of Laurel, MD, agreed to exchange high-tech services based upon the outcome of the Stanley Cup finals between their respective hometown teams-the Detroit Red Wings and the Washington Capitals. As stipulated by the terms of the agreement, the company with the winning home team would receive a year of free, high-tech services as well as twenty corporate T-shirts and mugs. "Our boys have made us proud," boasted Phil Lawlor, "Not only have they allowed us to retain the Stanley Cup, they've also allowed us to obtain the outstanding services of SkyCache."

"The SkyCache service revolutionizes the Internet by utilizing satellites and caching technology to provide Web surfers with fresh data and fast access. This caching technique is quite simply, elegant. Far more elegant than the performance of Washington's hockey team during the Stanley Cup finals," stated Farooq Hussain, Executive Vice President of Global and Multimedia Services at AGIS. In the spirit of good-sportsmanship, AGIS has agreed to provide SkyCache with a free year of high-speed Internet access despite the outcome of the series. "We feel that it is the least that we could do," explained Phil Lawlor, "Making this gentleman's agreement was like taking candy from a baby."

"The Capitals have had an excellent season this year and we will be enthusiastically supporting them next season," Doug Humphrey said. "The coupling of the AGIS facilities-based OC-48 network and the SkyCache service results in an unparalleled powerplay providing an optimized backbone ideally suited to support the next-generation of Internet applications."

AGIS, founded in 1994, is the world's first facilities-based Internet Service Provider. The company provides ATM, Frame Relay, Virtual Private Networking, collocation, and dial and dedicated Internet access to millions of users through its extensive customer base of carriers, LECs, CLECs, ISPs, content providers, and large corporations. AGIS was the first national service provider to offer 155 Mbps connections to the Internet, the first to reduce single point of failure in a network by introducing switching technologies, the first to offer a carrier-grade service for ISPs, and the first to provide geographically distributed collocation facilities using IP replication. For additional information about AGIS, visit: www.agis.net.

SkyCache, Inc. is devoted to the implementation of high-speed one way digital distribution systems, application in the movement of digital audio and video data streams, World Wide Web content, and the synchronization of distributed data systems. The corporation is headquartered in Laurel, Maryland and founded by Internet pioneer Doug Humphrey. Humphrey is the founder of DIGEX, Inc., a 1991 basement startup ISP that was sold for $150 million to Intermedia Communications, Inc. in 1997. Additional information on SkyCache services is at www.skycache.com. "SkyCache" and its logo are trademarked throughout the world.

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