New York and London: April 15, 2004 - Exanet, a leading developer of digital storage access solutions, announced today that Interoute, operator of Europe's most advanced and densely connected telecommunications network, has selected Exanet's ExaStore Scalable Grid Storage Access Solution as the storage backbone of its new digital video and audio streaming business initiative. Interoute will be using Exanet's ExaStore platform to improve the streaming of digital content over its network. Interoute's network supports many of the world's leading record labels including BMG, Warner Music, EMI, and other top music labels and artists. ExaStore's dynamic-capacity and load-balancing features will enable Interoute to deal efficiently with peak demand, in real time. Interoute will be able to streamline access because of ExaStore's dynamic load-balancing, which ensures complete accessibility of websites and data, even during the most highly trafficked periods. By leveraging ExaStore's greater access and highly automated management features, Interoute will be able to seamlessly scale its ExaStore Grid Storage Access system to provide its customers uninterruptible service as new and larger amounts of content are added, all managed and accessible under ExaStore's single name space. Interoute's Executive Chairman James Kinsella remarked, "Exanet enables us to achieve our strategic initiative of providing value-added services to our customers in an highly automated, reliable and cost-effective manner. As a European value-added services solutions provider, we are well aware of the increasing operational pressures that the data explosion is creating. Exploiting the advanced dynamic load-balancing features of Exanet's storage solution, allows us to significantly improve access to the digital data streaming through our network." According to Dr. Giora Yaron, CEO of Exanet, "Interoute represents the next stage of Exanet's business strategy, targeting the digital media world. With digital telecom networks becoming the norm, digital media communications operations need to implement easy-to-build storage solutions. Exanet's fully scalable Grid Storage solution has already proven to be highly effective in meeting the digital media needs of the publishing industry. These same proven features answer the needs and requirements of digital media in the communications market as it keeps operations moving forward toward greater profitability." Exanet's ExaStore software runs on industry-standard, off-the-shelf hardware, allowing users to easily and quickly access and manage vast amounts of ever-changing and ever-growing data in a cost-effective and high-performance manner. Its architecture allows customers to scale capacity and performance independently, without disrupting operations. Simple upgrade options allow for seamless capacity and increased bandwidth to meet growing business demands.