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Time Inc. Extends Contract With WAM!NET Division of SAVVIS

Press release from the issuing company

EAGAN, Minn.--Sept. 4, 2003-- Contract Renewal Affirms Confidence In WAMNET Division's Commitment To Providing Content Management And Delivery Services To The Print And Publishing Industry WAM!NET, a new division of SAVVIS Communications, announced today that Time Inc., a division of AOL Time Warner, has renewed its contract with WAM!NET. Time uses WAM!NET's fully managed networking and data storage services to seamlessly connect its magazine production workflows within a single collaborative, digital environment. The world's leading magazine company, Time Inc. publishes about 140 regular-frequency titles with 298 million readers, as well as numerous special issues. Its publications include leading titles such as Time, Sports Illustrated, People, Fortune and Money. Time Inc.'s complex publishing workflow involves rigorous production schedules and collaboration among numerous editorial, creative, advertising and production teams worldwide. Time Inc. has been a WAM!NET customer since 1997, when the company started using WAM!NET services to connect their New York headquarters with ten U.S.-based printers to provide secure, remote access to nearly one terabyte of digital content used in their creative and production processes. Time Inc. has expanded its reach to include its offices in London, Hong Kong and Australia, and it uses WAM!NET's remote storage services for the management of its production advertising. "The WAM!NET and SAVVIS executive teams have been in close communication with us as the acquisition of the WAM!NET commercial business has been finalized. Based on our discussions, we are impressed with the global reach and capacity of the SAVVIS network and believe this acquisition strengthens the WAM!NET services," said Guy Gleysteen, director of printing, Time Inc. "We are pleased that SAVVIS CEO Rob McCormick has confirmed a strong commitment to the media production industry, and we are confident that WAM!NET will continue to develop and grow their services to meet our content management and delivery needs." "WAM!NET continues to provide services that meet and often exceed our performance criteria for production. We look forward to exploring new service offerings and to building new workflow solutions on SAVVIS' secure and robust network infrastructure," said Kin Wah Lam, director of digital development, Time Inc. "We are delighted that Time Inc. will continue to work with WAM!NET services as we begin our association with SAVVIS Communications. The news about the acquisition of WAM!NET's commercial business has brought overwhelming support from our other customers as well," said Richard Metcalf, managing director of the WAM!NET division of SAVVIS. "Our customers see the advantage of a network with greater capacity, a larger staff with greater expertise, and an expanded range of managed networking services."