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Speedera Posts Another Record Fiscal Year, Revenue Jumps 60 Percent

Speedera Posts Another Record Fiscal Year, Revenue Jumps 60 Percent

New Services Combined with New Channel Partners and Sales Offices Spur Strong Growth and Profitability

Bank Of America Investment SANTA CLARA, Calif.--(BUSINESS WIRE)--July 13, 2004--Speedera Networks Inc., a leading global provider of on-demand distributed application and content delivery services, today announced that it has posted record results for the fiscal year ended June 30, 2004. Revenues for privately held Speedera rose by nearly 60 percent from the previous fiscal year, far exceeding the growth rate of its industry. Most importantly, Speedera was profitable as it demonstrated consistent execution of its core priorities and business strategies.
Several factors contributed to the company's strong fiscal results over the past year. Speedera expanded its sales team by opening sales offices in New York, Washington D.C., London, and Bangalore, India. Speedera also rolled out a number of major new services and service enhancements, including geo-reporting and improved traffic profiling capabilities for SpeedEye(TM), its Web-based management portal; a new Flash Video streaming service in partnership with Macromedia (Nasdaq:MACR); an early release of its new FlexComputing(TM) offering for distributed application hosting; the Smart Storage Manager(TM) service for intelligently optimizing the use of storage for streaming and downloadable files; native QuickTime support for high-quality live, on-demand and secure streaming using Apple's Darwin Streaming Server; and a real-time Web analytics service in partnership with Omniture. The company also forged major channel partnerships in Japan, Europe, India and the United States. As a result of these combined efforts, Speedera succeeded in increasing its customer count by nearly one third.

rose 5.5 percent in the fourth quarter. The average sales ticket at company stores in the fourth quarter rose 5.7 percent to $57.20, compared to $54.13 a year ago. For all of fiscal 2005, Home Depot said it earned $5.84 billion, or $2.72 a share, compared to a profit of $5.00 billion, or $2.26 a share, for fiscal 2004. month revenue rose 11.5 percent to $81.51 billion, compared to $73.09 billion recorded for all of fiscal 2004.

Investment Opportunity "Speedera Networks is benefiting from its diverse and balanced sources of revenues from customers worldwide, which have us well positioned to deliver strong, consistent, and profitable growth," said Ajit Gupta, President and CEO of Speedera Networks. "As we've been busy rolling out new services that we believe will be essential to the market, our customers are spending more money with us every month. We believe this is further proof that we are doing the right things for our customers and that our on-demand model provides compelling value. While Speedera is clearly benefiting from the improving demand across our industry, credit for our ability to grow faster than the industry truly belongs to our employees around the world who ensure that we deliver great service to our customers every day."

For the first six months of fiscal 2008, consolidated revenues declined 5 percent to $1.00 billion from $1.06 billion for the first half of fiscal 2007. RV Group sales were down 6 percent, while Housing Group sales improved slightly. Operating income for the first six months of fiscal 2008 was $10.4 million, compared to an operating loss of $23.5 million in last year's corresponding period. The net loss for the first half of fiscal 2008 was reduced to $3.6 million, or $0.06 per share, compared with a net loss of $20.8 million, or $0.33 per share, last year.

Banc Of America Investment One of the highlights during Fiscal Year 2004 was being named one of the top two "Fastest Growing Private Companies in Silicon Valley", as spotlighted by the San Jose Business Journal in its annual listing of the valley's rising stars. PricewaterhouseCoopers verified the financial data for all participating companies as ranked by percentage revenue growth during the period 2000-2002.

Stamps. End 2000 Financial Results Company reports 26 percent growth in revenue over third quarter, with positive gross margin and continued focus on achieving profitability SANTA MONICA, Calif. February 22, Stamps.com™ ( STMP), today announced that revenue in the fourth quarter of year 2000 was $5.3 million, an increase of 26 percent over the third quarter of year 2000, while total revenue for fiscal year 2000 was $15.2 million.

Banking Investment Speedera also had a hand in creating cosmic history during the Mars rover landings in January 2004 by enabling NASA's Jet Propulsion Laboratory to serve more than nine billion hits to the space agency's portal, with traffic reaching almost seven gigabits per second -- the largest online science event in history. Speedera was also tapped by the European Space Agency to deliver content to its Web portal for its own Mars Express project and other programs such as the ambitious Rosetta Comet Chaser mission aimed at landing on a "a cosmic iceberg" by the end of this decade.

Continual operational improvements drove revenue and earnings performance CUPERTINO, Calif. Jan. 23, 2008 Symantec Corp. ( SYMC) today reported the results of its third quarter of fiscal year 2008, ended Dec. 28, 2007. GAAP revenue for the quarter was $1. GAAP revenue was $1.53 billion. GAAP revenue grew 15 percent versus the December 2006 period of $1.33 billion.

Investment Solution Strategic Back on Earth, Speedera helped to further build out Japan's broadband infrastructure when it inked a deal with new channel partner Softbank Broadmedia and Club iT to introduce Broadmedia(R) CDN service. Speedera enabled Softbank Broadmedia to build out its content delivery network infrastructure within thirty days, through Speedera's "Fusion Partner" program. Dozens of enterprises are already using the Broadmedia CDN service.

Bolivia's fiscal position has improved in recent years, and the country had a record 6% fiscal surplus for 2006.

Investment Banking Services Other notable events for the year include the live streaming of Presidential candidate Sen. John Kerry's speech at Stanford University as well as the live and on-demand streaming of the American Business Awards, also known as the "Stevies." Speedera launched a new, free Internet Ranking Index called SpeedRank that reveals detailed performance and availability data for the world's 100 leading Web sites across five key industry sectors. Speedera also announced "Giving Back", a new philanthropy program that invites non-profit groups to take advantage of Speedera's Internet services (at no cost) to help them expand their Web site presence.

Bank Investment Key customer wins during the 2004 fiscal year include: NASA, the European Space Agency, FOX.com, Trend Micro, F-Secure, Clarins, PriceMinister, and NDTV, to name just a few.

Alternative Investment Speedera Networks is financially backed by Banc of America Securities, a unit of Bank of America Corp. (NYSE:BAC), Balanced Growth Fund, Continuum Group Ltd., Deutsche Bank AG, Hewlett-Packard Company (NYSE, Nasdaq:HPQ), Industry Ventures, Oracle Corp. (Nasdaq:ORCL), Palo Alto Investors, and Trinity Ventures.

Online Investment Services About Speedera Networks

Accompany Essential Investment Speedera Networks, Inc. is a leading global provider of distributed application hosting and content delivery services. The company's 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. Speedera's 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 408-970-1528, 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.

Investment Company Contacts

Investment Management Solution
Speedera Networks
Jay Mejia, 408-970-1500
jmejia@speedera.com

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