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EXODUS TO ACQUIRE NETWORK-1 PROFESSIONAL SERVICES DIVISION
Acquisition of Security Consulting Group Will Extend Exodus` Security Expertise and Strengthen Professional Services Offerings
Santa Clara, CA, February 10, 2000 -
Exodus Communications™, Inc. (NASDAQ: EXDS), a leader in complex Internet hosting and managed services, today announced the acquisition of the Professional Services Division of Network-1™ Security Solutions, Inc. (NASDAQ: NSSI). The acquisition of the Network-1 Professional Services Division, a leading provider of security and network design consulting led by security expert Dr. Bill Hancock, will enable Exodus® to further extend its world-class network security consulting expertise and offer the highest level of protection for customers` mission-critical Internet operations.
"Security is a top concern for our enterprise customers and the acquisition of Network-1`s Professional Services Division will further strengthen and enhance our security consulting and product offerings," said Ellen M. Hancock, president and CEO of Exodus. "With Dr. Hancock and his team, our customers will have access to expert security and network consulting resources who can offer industry-leading protection for their mission-critical Internet operations."
The acquisition of Network-1`s Professional Services Division is part of Exodus` strategy to expand the reach of its Internet security and professional service solutions. Building on its acquisition of Internet security provider Arca Systems, Inc. in October, 1998, Exodus has continued to develop its suite of security products and services to help its customers minimize the risk of doing business on the Internet. Exodus will also gain two security products, TRAPS and SNAPS, external and internal penetration study programs designed to analyze and reinforce network security and integrity. Exodus plans to offer services to test customers` existing security defenses and develop solutions for preventing security breaches.
The Network-1 Professional Services Division consists of a team of expert security consultants, led by Dr. Bill Hancock, formerly Network-1`s Chief Technology Officer and a well-respected consultant, writer and speaker in the network security field. The author of over 25 technical books on networking and security, Dr. Hancock is considered to be one of the world`s foremost network security experts. Dr. Hancock and his team bring extensive knowledge and expertise in security and network design to Exodus` professional services organization.
"Our professional services team has been providing security consulting for over nine years and we have been responsible for designing, implementing and securing some of the world`s largest and most complex networks," said Dr. Bill Hancock, former CTO and chief consultant for Network-1. "As part of Exodus` professional services organization, we can apply this knowledge and offer valuable security expertise to provide protection for customers` e-commerce operations."
About Exodus Communications
Exodus Communications is a leading provider of complex Internet hosting for enterprises with mission-critical Internet operations. The Company offers sophisticated system and network management solutions, along with technology professional services to provide optimal performance for customers` web sites. Through its subsidiary, Service Metrics™, Exodus is a leading source of Web site performance monitoring and measurement services. Exodus manages its network infrastructure via a worldwide network of Internet Data Centers (IDCs) located in the United States, Europe and Asia Pacific. More information on Exodus can be found at
Acquisition of Security Consulting Group Will Extend Exodus` Security Expertise and Strengthen Professional Services Offerings
Santa Clara, CA, February 10, 2000 -
Exodus Communications™, Inc. (NASDAQ: EXDS), a leader in complex Internet hosting and managed services, today announced the acquisition of the Professional Services Division of Network-1™ Security Solutions, Inc. (NASDAQ: NSSI). The acquisition of the Network-1 Professional Services Division, a leading provider of security and network design consulting led by security expert Dr. Bill Hancock, will enable Exodus® to further extend its world-class network security consulting expertise and offer the highest level of protection for customers` mission-critical Internet operations.
"Security is a top concern for our enterprise customers and the acquisition of Network-1`s Professional Services Division will further strengthen and enhance our security consulting and product offerings," said Ellen M. Hancock, president and CEO of Exodus. "With Dr. Hancock and his team, our customers will have access to expert security and network consulting resources who can offer industry-leading protection for their mission-critical Internet operations."
The acquisition of Network-1`s Professional Services Division is part of Exodus` strategy to expand the reach of its Internet security and professional service solutions. Building on its acquisition of Internet security provider Arca Systems, Inc. in October, 1998, Exodus has continued to develop its suite of security products and services to help its customers minimize the risk of doing business on the Internet. Exodus will also gain two security products, TRAPS and SNAPS, external and internal penetration study programs designed to analyze and reinforce network security and integrity. Exodus plans to offer services to test customers` existing security defenses and develop solutions for preventing security breaches.
The Network-1 Professional Services Division consists of a team of expert security consultants, led by Dr. Bill Hancock, formerly Network-1`s Chief Technology Officer and a well-respected consultant, writer and speaker in the network security field. The author of over 25 technical books on networking and security, Dr. Hancock is considered to be one of the world`s foremost network security experts. Dr. Hancock and his team bring extensive knowledge and expertise in security and network design to Exodus` professional services organization.
"Our professional services team has been providing security consulting for over nine years and we have been responsible for designing, implementing and securing some of the world`s largest and most complex networks," said Dr. Bill Hancock, former CTO and chief consultant for Network-1. "As part of Exodus` professional services organization, we can apply this knowledge and offer valuable security expertise to provide protection for customers` e-commerce operations."
About Exodus Communications
Exodus Communications is a leading provider of complex Internet hosting for enterprises with mission-critical Internet operations. The Company offers sophisticated system and network management solutions, along with technology professional services to provide optimal performance for customers` web sites. Through its subsidiary, Service Metrics™, Exodus is a leading source of Web site performance monitoring and measurement services. Exodus manages its network infrastructure via a worldwide network of Internet Data Centers (IDCs) located in the United States, Europe and Asia Pacific. More information on Exodus can be found at
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