@Network Announces the Successful Completion of Its US$33.5M Series B Preferred Financing Outsourced Internet Infrastructure Services Company Attracts Funding In the US, Japan, and Greater China SAN JOSE, Calif., July 24 /PRNewswire-AsiaNet/ -- @Network, a leading global outsourced Internet infrastructure services and e-content delivery provider, today announced that it successfully closed a second round of private venture capital funding at the end of June. The Preferred Series B round grossed over US$33.5 million, primarily from investors in the United States, Japan, Taiwan, Hong Kong, and China. @Network is an early Internet infrastructure player in the Asia-Pacific region and has built an advanced Internet network capable of handling mission-critical e-business systems and bandwidth-intensive content distribution. The company will use the proceeds to expand its sales and marketing organization and to expand its US-Asia network of advanced Internet Data Centers (iDCs). "Our business strategy makes us a perfect match for investors with Asian technology portfolios, and all of our investor partners focus on the technology or electronics industries," stated Fan Kau, co-founder and CEO of @Network. "Because of our infrastructure and ability to provide enhanced network services, we provide the missing link for organizations wishing to do business in Asia." Participants in this round of funding include strategic investors such as Accton Group, Compal Electronics, Crimson Ventures, Dyna Investment (part of the Lite-On Group of companies), Future System Consulting Corporation, Hikari Tsushin, Inc., Marubeni Corporation, and members of the Mitsui Group. Other major shareholders include notable investment firms such as Fortune Consulting Group, Great MinCom, High Count Securities Limited, and the Monet Capital Fund. By offering a full range of Internet infrastructure solutions, @Network has the capacity to lower the entry barriers for US and other foreign companies wishing to conduct e-business in Asia. They offer many levels of enhanced network services tailored to meet the global needs of multinationals and companies engaged in e-business across and within the Pacific Rim. These services expand beyond web hosting and co-location to encompass e-business application hosting, multimedia content delivery, multilingual Internet call center support, localization, Virtual Private Networks (VPN) and many others. About @Network Headquartered in San Jose, California, @Network is a Pan-Asian outsourced Internet Infrastructure services provider with offices in Hong Kong, Japan, Taiwan, and the US. Utilizing their strategically located Internet Data Centers (iDCs) and comprehensive suite of e-business support services, @Network offers unrivaled coverage in the Asia-Pacific region, enabling businesses to meet the challenges of the global marketplace. @Network was founded in 1999 and has been funded by private and strategic investors. Visit http://www.atnetworkinc.com or call 888-969-1688. SOURCE: @Network CONTACT: Erin Kennedy of @Network, 408-573-7600, ext 134, or [email protected]; or Jennifer Cheek of e21corp, 510-226-6780, ext. 111, [email protected], for @Network Web site: http://www.atnetworkinc.com -END-