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Speedera Launches Full-Scale Operations In India As Platform For Accelerated Global Growth

Tapping into the Subcontinent's Vast Reservoir of Brainpower, Speedera Represents a New Wave of Fast-Growing Companies Using India as a Global Springboard

BANGALORE, India. Sept. 9, 2004 Speedera Networks Inc., a leading global provider of on-demand distributed application hosting and content delivery services, today announced the opening of full-scale operations in the booming city of Bangalore, India. The office will serve more than just India as it will be providing the full range of corporate functions for Speedera's growing list of Global 2000 customers and helping to drive the company's accelerated global expansion strategy. With revenues that grew 60% in the company's most recent fiscal year, ended June 30, the company is seeking additional talent to fuel its white-hot growth and to ensure greater penetration of markets worldwide.
Even before launching Speedera India, the company had already deployed a significant network infrastructure in India beginning in 2000. Moreover, the company since its inception had also established a gold-medal roster of well-known Indian brands for its distributed application hosting and content delivery solutions. In fact, Speedera used this base of India clients to prove its business model and to launch the company on a growth path that resulted in 15 consecutive quarters of rising revenues. These Indian clients included enterprises such as the Times of India, Rediff, NDTV, Sify, Wipro, Wisden Cricinfo, and Fabmall.

Stock Option Trading The official opening of Speedera India coincides with the announcement of VSNL as a new channel partner who will be reselling Speedera's award-winning distributed computing network solutions. Speedera has already forged close partner ties with other major India firms, including Sify, HCL Comnet, and Virtual Studio.

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Currency Day Trading Riding this momentum, the opening of the new Bangalore office creates a second headquarters for Speedera, whose principal offices are in Silicon Valley in California, and which also has sales and support offices in London, Paris, New York, and Washington D.C. The announcement additionally comes on the heels of the introduction of a series of new Web services from Speedera that are changing the way companies develop their Web sites to incorporate rich, interactive content. Live Flash Video Streaming and Dynamic Imaging, for example, enable companies to create that lean-forward' effect on Web site visitors through more creative and engaging content, empowering such sites to take advantage of the unique capabilities of the Internet for one-to-one personalized communication.

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Financial Software Trading This is an exhilarating moment for Speedera as the India operations are now up and running, and include a full range of corporate functions sales, marketing, finance, technical support, research and development, said Ajit Gupta, President and CEO of Speedera Networks. India represents far more than a source of revenue for Speedera, however, as Speedera India will be as significant to us as our current U.S. headquarters operations, helping to drive every facet of the business for the benefit of our customers worldwide.

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Online Stock Trading Company We are not a U.S. company nor are we an Indian company, Gupta added. We are truly a global company.

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Forex Day Trading Speedera's distributed computing solutions address the full range of reliability, performance, scalability, and security challenges across the entire lifecycle of a Web site. Speedera's comprehensive SpeedSuite family of services provides virtually unlimited capacity on demand for any Web property, allowing an organization to optimize its Web presence and enhance the quality of the end-user Web site experience while slashing site infrastructure costs. The opening of the India office reflects the escalating demand for Speedera's hosted solutions not only in Asia but around the globe, according to company officials.

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Financial In Market We chose to plant Speedera in India's equivalent of Silicon Valley to mirror the success we have created in North America, and in effect to set up a second Speedera, and not a back office, said Abhay Dubey, Managing Director of Speedera India. We also wanted to enhance our company's intellectual capital by tapping into India's rich pool of talent, particularly the promising young graduates of India's elite universities and engineering schools.

Stock Trading System Establishing a local presence in India also affords a platform for massive expansion in the Asia-Pacific region, Dubey added.

Day Trading Stock Tip Being on the ground in India means we can generate the ultimate in service and support for our Indian customers, while enabling us to penetrate other countries in Asia, Dubey said. There's huge potential here, with amazingly fast-growing Web traffic that needs to be served.

Financial Forex Forex Software As for India, it has a two-pronged advantage for us, Dubey continued. First, it's a potentially huge, untapped market for us. Second, it's part of our follow-the-sun model, which allows us to offer sales and customer service around the clock and across the globe through our center in India. So the focus of our India operations is global.

Stock Market Trading ABOUT SPEEDERA NETWORKS

Day Lesson Stock Tip Trading Speedera Networks, Inc. is a leading global provider of distributed application hosting and content delivery services. The companys SpeedSuite family of services provides on-demand services that cost-effectively solve the performance, scalability, availability and security problems of distributed applications and Web sites. Speederas edge delivery network is deployed in the Americas, Europe and the Asia-Pacific region, with connectivity to over 1000 carrier networks, controlled by a patented global traffic management system. Customers include leading organizations such as American Eagle Outfitters, DoubleClick, Fox Broadcasting, Macromedia, NASA, Sony Music Entertainment, the European Space Agency, and Univision. The company's channel partners include Softbank Broadmedia/Club iT, AboveNet, and Inflow. For more information about Speedera, please call + 91-80-575-99222, visit www.speedera.com or email info@speedera.com . To request a white paper, please click on http://www.speedera.com/reqtechpaper.htm. To request a demo, please click on http://www.speedera.com/reqdemo.htm.

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