SAN FRANCISCO, April 4, 2001 -Digital Island, Inc. (NASDAQ: ISLD) announced that Mary Ms. Cirillo, chairman and chief executive officer of OpCenter, LLC, was elected to serve as a member of Digital Island`s Board of Directors. Ms. Cirillo brings extensive experience in the financial services industry, as well as in technology, specializing in global banking and e-commerce.
In addition to serving as Chairman and CEO of OpCenter, a privately held company that provides help desk and network operations services, Ms. Ms. Cirillo currently serves as a director of Cisco Systems, Inc., Quest Diagnostics, Inc., and as a director of two privately held companies, Guardent, Inc. and Spontaneous Networks, Inc. In addition, Ms. Cirillo serves on the Advisory Board of Hudson Ventures and is chairman of Contentprose, LLC, which provides support for website content development and maintenance.
Ms. Cirillo joined OpCenter, LLC, in June 2000 after serving as Chief Executive Officer of Global Institutional Services, and Divisional Board Member of Global Technology and Services for Deutsche Bank. Ms. Cirillo has also served in senior management positions for financial services firms including Bankers Trust Company and Citibank.
During her 20-year career at Citibank, Ms. Cirillo was responsible for the Global Relationship Banking Operations and Technology Group, where she managed the operations and information technology needs of global capital markets, transaction services and corporate finance businesses.
As Division Executive for Global Cash Management Services at Citibank, Ms. Cirillo built the global business model for Transaction Products, led a Corporate Task Force aimed at helping Citicorp realize the objectives of its recovery plan and was the Senior Corporate Officer for the Business Evaluation and Corporate Re-engineering Unit. "We are pleased to add the global management experience and expertise in both financial services and technology that Mary brings," said Ruann Ernst, chairman and chief executive officer, Digital Island. "Mary is a great addition to Digital Island`s team and we are pleased to have her join us."
About Digital Island
Digital Island is the leading provider of managed Internet infrastructure for enterprises that need to give their customers a great Web experience in order to drive e-Business transactions. The company integrates managed hosting, content delivery and network services to bypass Internet congestion and guarantee fast and relevant interactions. Digital Island is headquartered in San Francisco, and its global e-Business delivery network reaches 33 countries.
This press release contains forward-looking statements as defined by the United States Private Securities Litigation Reform Act of 1995, involving the company`s expectations about future financial results and other matters. These statements reflect management`s current forecast of certain aspects of the company`s future business. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results of operations to differ materially from historical results or current expectations. The words "plan," "expect", "believe", "intend", "anticipate", "forecast", "target", "estimate" and similar expressions identify forward-looking statements. Risk factors include shifts in customer demand, product shipment schedules, product mix, competitive products and pricing, technological shifts and other variables. Readers are referred to Corel`s most recent reports filed with the Securities and Exchange Commission for a more complete discussion of the other risks and uncertainties. The factors underlying forecasts are dynamic and subject to change. As a result, forecasts speak only as of the date they are given and do not necessarily reflect the company`s outlook at any other point in time. The company does not undertake to update or review these forward-looking statements.
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