ATLANTA, GA – (October 16, 2007) – Internap Network Services Corporation (NASDAQ: INAP), a global provider of end-to-end Internet business solutions, has been recognized by Deloitte & Touche LLP as one of Georgia’s fastest growing technology companies in percentage of revenue growth. It is the second year in a row that Internap has earned this recognition.

“A company must grow its revenue at an exceptional pace to be one of Deloitte’s Technology Fast 50,” said Guy Budinscak, office managing partner for Deloitte’s Atlanta / Birmingham practice. “Our organization applauds the dedication of Internap for their rapid development as they earn their place as a Georgia success story.”

James DeBlasio, Internap’s president and chief executive officer, attributes the 37 percent revenue growth during the qualifying period to the company’s high-quality employees, its loyal base of 3,400+ customers and its unique position as a supplier of bundled Internet solutions.





“We are honored that we have been recognized for our strong performance by Deloitte and the Technology Fast 50 sponsors for the second year running,” said Mr. DeBlasio. “This award reflects our progress as Internap’s customers respond to our bundled solutions strategy. We are the only company in our sector able to offer the complete set of Internet solutions required by enterprise customers, including data center, route optimized IP, CDN and monetization solutions.”

 

Ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in the state is based on the percentage revenue growth over five years from 2002-2006. To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in Georgia, and own proprietary technology or proprietary intellectual property that contributes to a significant portion of the company’s operating revenues, or devotes a significant portion of revenues to the research and development of technology.

 

About Internap
Internap is a leading Internet solutions company that provides The Ultimate Online Experience^™ 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 3,000 companies across the globe trust Internap to help them achieve their Internet business goals. For more information, visit www.internap.com.

Internap “Safe Harbor” Statement
Certain information included in this press release constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, including, among others, statements regarding the performance of our products, business strategy, projected levels of growth, and projected costs, are forward-looking statements. Those statements include statements regarding the intent, belief or current expectations of Internap and members of our management team, as well as the assumptions on which such statements are based. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that actual results may differ materially from those contemplated by forward-looking statements. Other important factors that may affect Internap's business, products, results of operations and financial condition include, but are not limited to: our ability to sustain profitability; our ability to respond successfully to technological change; the availability of services from Internet network service providers or network service providers providing network access loops and local loops on favorable terms, or at all; failure of third party suppliers to deliver their products and services on favorable terms, or at all; failures in our network operations centers, network access points or computer systems; the ability to successfully integrate the operations of Internap and VitalStream Holdings, Inc.; and our ability to protect our intellectual property.

Our Annual Report on Form 10-K/A, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K and other Securities and Exchange Commission filings discuss the foregoing risks, as well as other important risk factors that could contribute to such differences or otherwise affect our business, results of operations and financial condition. We undertake no obligation to revise or update any forward-looking statement for any reason.