The Company Unveils Plan to Offer Leading Edge Content Delivery Solutions That Leverages Its Extensive Network and Hosting Infrastructure
SINGAPORE, Sep 14, 2011 (MARKETWIRE via COMTEX) -- Pacnet today announced its strategic plan to deliver a new next-generation content delivery network (CDN) service that enables businesses to accelerate the delivery of digital content to the growing global online audience, with unparalleled speed and scale.
"This is part of our enhanced content delivery strategy which leverages our extensive regional subsea network coverage and data centers in Asia, to bring to the market unmatched digital content solutions that will go beyond just content distribution, to meet the increasingly sophisticated digital content requirements of today's web-enabled businesses," said Bill Barney, Chief Executive Officer of Pacnet.
"With web content growing richer, CDN services have rapidly become increasingly important to digital content creators, especially in the media, entertainment and gaming industries, and are key to helping them monetize their content and ultimately, grow their business," said Chris Wilson, Pacnet's Senior Vice President of Product Strategy and Management.
Through Pacnet's new CDN service, businesses in Asia will be able to ensure the smooth and seamless delivery of high-definition videos and graphics, software and web pages to their audience and customers around the world. The service will also benefit businesses from around the world looking to accelerate digital content delivery to the growing Asia market.
"Pacnet's CDN service is unique in that it is leveraged by our full ownership of the network and hosting infrastructure, which gives us end-to-end control of the CDN network, allowing us the speed and flexibility to scale up quickly to meet the demands of our customers and deliver to them a complete one-stop, digital content distribution solution," said Mr Wilson.
This new content delivery network service will be supported by technology the company has licensed from EdgeCast, a leading provider of CDN technology. "We are delighted that Pacnet has chosen EdgeCast technology for its CDN solution and believe that the synergy between our CDN technology and Pacnet's extensive network infrastructure will deliver a unique CDN solution that will accelerate the web experience across Asia," said James Segil, President, EdgeCast Networks.
According to Frost and Sullivan, the global CDN market is a rapidly growing market and forecast to expand at a compounded annual growth rate (CAGR) of 27 percent, from $1.3 billion in 2010 to $4.2 billion by 2015.
Pacnet's new CDN service will be ready for service by the end of 2011, with Points of Presence (PoPs) in major cities across Asia.
About Pacnet Pacnet is Asia's leading independent telecommunications service provider, formed from the operational merger of Asia Netcom and Pacific Internet. Pacnet owns and operates EAC-C2C, Asia's largest privately-owned submarine cable network at 36,800 km, with a design capacity of 17.92 Tbps to 30.72 Tbps to and from each of the landing countries, as well as EAC Pacific, which spans 9,620 km across the Pacific Ocean and delivers up to 1.92 Tbps of capacity between Asia and North America. The company offers a comprehensive portfolio of industry-leading IP-based solutions for carriers, large enterprises and SMEs, and delivers unique high-speed data hosting solutions through its network of data centers which include the industry's first Data Landing Stations. Pacnet is headquartered in Hong Kong and Singapore, with offices in all key markets in Asia and North America. For more information, please visit: www.pacnet.com .
About EdgeCast Networks Delivering any data, anywhere, anytime, EdgeCast is the world's fastest and most reliable content delivery network. The EdgeCast network serves more than 1.5 billion objects per hour on behalf of its customers and carries approximately 4% of worldwide internet traffic. The company's software licensing group helps network operators deploy proven CDN technology on their own IP networks. To learn more, visit www.edgecast.com .
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