Exodus, NRI Head to Japan

Exodus Communications Inc. Tuesday
announced its Japanese subsidiary, Exodus Communications K.K., has
aligned with Nomura Research Institute
Ltd.
to amplify its Web hosting services in Japan.

Established in 1965, NRI is a leading Japanese “think tank” and system integrator that posted worldwide sales of more than $1.5 billion last year.

Exodus (EXDS)
and NRI intend plan to collaborate on Internet consulting and Web hosting
ervices. The two also intend to pair-up to provide network connectivity and
related managed services.

The alliance will enable Exodus to expand its Tokyo Internet data center
and its piece of the Asian Web hosting business, as the two companies also
into venture into joint marketing efforts.

Ellen M. Hancock, Exodus president and chief executive officer, said the
alliance with NRI would simplify its Asian expansion plan.

“NRI’s talented staff and Internet consulting expertise will enhance
Exodus’ entry into the Japanese market,” Hancock said.

Shozo Hashimoto, NRI president and chief executive officer, said Exodus
would be an enthusiastic partner imperative to delivering advanced Web
services.

“The Internet hosting market is of utmost importance to the development of
the Internet in Japan,” Hashimoto said. “We selected the leader and we are
very enthusiastic about the prospects of working with Exodus to enhance the
Internet in Japan.”

To facilitate the deal Exodus Communications, K.K. plans to purchase a
157,000 square foot building in Tokyo as host for its new data center. The
facility will also be the home of its Japanese corporate headquarters by
the first half of 2000.

Roger Boisvert, Exodus Communications, K.K. president and representative
director, said Exodus plans to dominate the Web Hosting market in Japan.

“Exodus Communications, K.K. intends to be the leading provider of Internet
hosting solutions in Japan,” Boisvert said. “The proposed alliance with NRI
should position Exodus to support the growing needs of the Japanese market
for comprehensive Internet hosting services.”

Exodus Communications, K.K. network within Japan currently includes network
exchange points with 38 Japanese ISPs.

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