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Leading investment house in Israel, managing over 77 Billion Dollars for private, business and institutional clients

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Internap Selects Pando Networks as P2P Co-Development Partner

NEW YORK, Nov. 5 /PRNewswire/ — Pando Networks, Inc., a leading provider of managed peer-to-peer (P2P) media distribution services, today announced a development alliance with Internap Network Services Corporation , a global provider of end-to-end Internet business solutions. The agreement will integrate Pando Networks’ innovative P2P client technology with Internap’s world class content delivery network (CDN) to offer content owners the ability to reliably, securely and cost efficiently deliver large media files.

As part of this relationship, the companies are launching a new P2P access method for Internap’s CDN platform, which is planned to be available by the end of 2007. This new service leverages the Pando Video Booster, a highly efficient, thin client for streaming full-screen, HD (high definition) video. Internap’s CDN with P2P access can be an efficient and cost-effective delivery option for long-form video and large-volume files and is easily combined with Internap’s delivery solutions for Adobe Flash(TM) video and Windows Media(R) files.

With more than 14 million users worldwide, Pando’s managed P2P network delivers more data daily than any P2P network of its kind. The Pando P2P architecture easily integrates into other applications and web services and is available for Windows, Mac and Linux.

The seamless integration of the Pando Video Booster with Internap’s proven CDN provides digital media owners and enterprise applications a secure and reliable CDN solution with multiple access methods as well as Internap’s MediaConsole(R) toolset for managing, packaging and reporting on streaming content

“We are thrilled that Internap has chosen Pando Networks as its P2P co-development partner,” said Robert Levitan, CEO of Pando Networks. “The integration of P2P technology with CDNs is fundamental for efficient and cost effective online media delivery. We are proud to be developing that future with the CDN leader, Internap.”

“Until now, P2P networking was an interesting technology that could not meet the requirements of enterprise applications and digital media owners,” said Philip N. Kaplan, chief strategy officer at Internap and co-founder of VitalStream. “Internap’s proven CDN platform, streaming services, and content monetization tools are complemented by Pando’s innovative P2P client to deliver an integrated, secure, and reliable solution for distributing and consuming media assets.”

About Pando Networks
Pando Networks is a leading provider of managed peer-to-peer (P2P) media distribution services that enable content owners to securely and cost effectively distribute high-resolution media. Pando Networks operates the world’s largest and most advanced managed P2P network with more than 14 million users. Pando Networks enables content owners to deliver media with P2P efficiency and CDN reliability. Pando Networks is a private company funded by Intel Capital, BRM Capital and Wheatley Partners. For more information, please visit www.PandoNetworks.com

About Internap
Internap is a leading Internet solutions company that provides The Ultimate Online Experience(TM) by managing, delivering and distributing applications and content with unsurpassed performance and reliability. With a global platform of data centers, managed Internet services, a content delivery network (CDN) and content monetization services, Internap frees its customers to innovate their business and create new revenue opportunities. More than 3,400 companies across the globe trust Internap to help them achieve their Internet business goals. For more information, visit www.internap.com.