AKAMAI EXPANDS ITS BOARD OF DIRECTORS WITH ELECTION OF MARTIN M. COYNE II AND NAOMI O. SELIGMAN
Contacts:
Felicia Spagnoli
Media Relations
Akamai Technologies
617-444-2525
spagnoli@akamai.com
Steven Wolfe
Investor Relations
Akamai Technologies
617-444-4724
swolfe@akamai.com
CAMBRIDGE, MA - November 15, 2001 - Akamai Technologies, Inc. (Nasdaq: AKAM), the leading provider of secure, outsourced e-business infrastructure services and software, today announced the election of Martin M. Coyne II, group executive, Photography Group and executive vice president of Eastman Kodak Company, and Naomi O. Seligman, senior partner, Cassius Advisors Inc., to its Board of Directors.
"We`re delighted to welcome Martin and Naomi to Akamai`s Board of Directors, with their diverse backgrounds in healthcare, imaging, enterprise computing, consulting and research," said George Conrades, chairman and CEO, Akamai. "Each brings unique insight and experience to our Board, which will help us to achieve our company`s ambitious business and profitability goals."
"Akamai has the technology, talent, and dedication to become a major force in the high-tech industry, and it`s exciting to join the ranks of its highly-regarded Board of Directors," said Coyne. "I look forward to contributing to the company`s future direction as it continues innovating technologies for advanced e-business."
"It`s rewarding to work with a visionary company like Akamai, which is addressing a critical business need by delivering a platform for the efficient, reliable, and secure sharing of information via the Internet," said Seligman. "With the company`s next stage of growth underway, I`m eager for the opportunity to help guide its progress."
Martin M. Coyne II
Coyne joined Eastman Kodak in 1986, and was recently named group executive of the Photography Group, composed of Consumer Imaging, the photographic portion of Kodak Professional, and Digital & Applied Imaging. He previously held roles as president of the Commercial Business Group, with responsibility for the Health Imaging, Document Imaging, Entertainment Imaging, and Kodak Professional divisions; and as president of the Health Imaging group, during which time revenue increased from $1.5 billion to $2.1 billion through internal growth and acquisition. Coyne has more than 30 years experience in the healthcare industry, including the establishment and operation of his own business, M.M. Coyne and Associates - a healthcare management consulting organization. He also held numerous management roles in sales, sales training, advertising and marketing positions at E.R. Squibb and Sons.
Coyne is a member of the American College of Healthcare Executives and is a member of the Board of Directors of the Advanced Medical Technology Association (AdvaMed), serving on the Executive Committee, International Committee and Membership Committee. He also serves on the Board of Directors of the Radiology Section of the National Electrical Manufacturers Association (NEMA). Coyne holds a B.S. degree in Pharmacy from Fordham University and an MBA degree from Fairleigh Dickinson University. He also attended the Advanced Management Program at the Wharton School of Business.
Naomi O. Seligman
Seligman is currently senior partner at Cassius Advisors Inc., a transatlantic consultancy with facilities in New York, London and Muenster, Germany. The firm helps the largest worldwide enterprises establish and implement e-commerce strategies. She was also a co-founder of the Research Board, a private sector institution sponsored by one hundred CIOs from the largest global enterprises in North America and Europe - outside the computing and communications sector. There she was responsible for client relationships and individual consulting, research utilization, and new member selection. She actively participated in the firm`s research, especially on the changing structure of the computer industry.
Seligman serves on the Boards of Directors of Dun and Bradstreet, Martha Stewart Omnimedia, Oblix, Sun Microsystems, and John Wiley Publishing. She is also a Trustee of the Boston Science Museum and a member of the Committee of 200. She received a B.A. with high honors from Vassar College and a graduate degree from the London School of Economics.
Coyne and Seligman join current Directors of the Board including George Conrades, chairman and CEO, Akamai; Art Bilger, vice-chairman; Tom Leighton, chief scientist, Akamai; Todd Dagres, general partner, Battery Ventures; William Halter, former acting commissioner of Social Security; Ronald L. Graham, the Irwin and Joan Jacobs Endowed Chair of Computer and Information Science at the University of California at San Diego; and Leo J. Hindrey, II, former chairman and CEO, GlobalCenter, Inc.
About Akamai
Akamai is the leading provider of secure, outsourced e-business infrastructure services and software. These services and software enable companies to reduce the complexity and cost of deploying and operating a uniform Web infrastructure while ensuring unmatched performance, reliability, scalability and manageability. Akamai`s services give businesses a distinct competitive advantage and provide an unparalleled Internet experience for their customers. Akamai`s intelligent edge platform for content, streaming media, and application delivery comprises more than 13,000 servers within over 1,000 networks in 63 countries. With headquarters in Cambridge, Massachusetts, Akamai provides services to companies worldwide. For information on Delivering a Better InternetSM, visit www.akamai.com.
Akamai Statement Under the Private Securities Litigation Reform Act
The release contains information about future expectations, plans and prospects of Akamai`s management that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, general economic conditions, the dependence on Akamai`s Internet content delivery service and technology products, a failure of Akamai`s network infrastructure, and other factors that are discussed in the Akamai`s Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other documents periodically filed with the SEC.
Back...
