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News Releases
New Edge Networks, iBEAM Partner to Deliver Streaming, E-Commerce Solutions to Smaller Markets
VANCOUVER, Wash. - (March 7, 2000) - New Edge Networks today announced it has reached an agreement with iBEAM Broadcasting Corporation to deliver streaming content over its national DSL network covering small, midsize and semirural markets.
Under terms of the agreement, New Edge Networks, the leading national wholesale DSL service provider in smaller markets, will deploy iBEAM's MaxCaster(TM) media serving systems and participate in joint marketing programs. iBEAM is a leading Internet broadcast network for delivering streaming media.
"This agreement helps New Edge Networks bring the latest news and multi-media content to our customers," said Dan Moffat, president, CEO and co-founder of New Edge Networks. "Streaming media is growing rapidly and broadcasting content from points close to end users allows us to provide value to our wholesale customers and more efficient use of our network."
With the placement of iBEAM's MaxCaster media serving systems at New Edge Networks' end user access points, end users are able to receive high-fidelity broadband services. Streaming media performance can suffer when data travels from a distant server, across multiple routers, before finally reaching the end user. The design of the iBEAM Network allows content to be delivered directly into networks such as that of New Edge Networks, which ensures the quality and reliability of the streams. Customers thus experience video and audio quality that approaches television and radio broadcasts.
"iBEAM considers New Edge Networks to be an important strategic partner," said Peter Desnoes, president and CEO of iBEAM. "This partnership helps iBEAM quickly expand and extend our network into markets where we believe demand for broadband services such as streaming content is as strong as in major urban areas."
About iBEAM Broadcasting Corporation
iBEAM Broadcasting Corporation, headquartered in Sunnyvale, Calif., was founded by data communications, television, and telecommunications professionals in 1998. iBEAM provides an Internet broadcast network that delivers streaming media with viewing and listening quality that approaches television and radio, at lower cost than current Internet solutions and with the ability to scale to serve large audiences of simultaneous users. iBEAM's customers include major media and entertainment companies. For more information about iBEAM's broadcasting services, visit http://www.ibeam.com, or contact the company at 645 Almanor Avenue, Suite 100, Sunnyvale, CA 94086, telephone 408-523-1600.
About New Edge Networks
Based in Vancouver, Wash., New Edge Networks was founded in June 1999 to provide wholesale DSL service nationally in small, midsize and semirural markets through local, regional and national Internet service providers, communications companies, and other strategic partners. Since its founding, New Edge Networks has raised more than $300 million from top-tier private venture firms, global financial institutions and worldwide technology firms. DSL technology uses existing copper phone wires in homes and businesses to enable access to the Internet and corporate LANs at speeds up to 100 times faster than through analog modems. In addition to speed, other key benefits of DSL technology include continuous "on demand" connectivity eliminating dial up or waiting; secure access using dedicated facilities; and, reliability because the network is monitored around the clock. The company's Web site is www.newedgenetworks.com.
Contact:
Sal Cinquegrani
(360) 906-9723
ATTN: New Edge Networks news releases contain information that is accurate as of the date they are issued. Information contained in past news releases may become out of date and the company does not assume responsibility for updating information contained in past news releases.