TEMPE, Ariz., Aug. 23 /PRNewswire-FirstCall/ -- Limelight Networks, Inc. (Nasdaq: LLNW) today announced that it has entered into a major new technology and services agreement with Microsoft (Nasdaq: MSFT) under which Limelight will help improve the performance, scalability, and reliability of Internet delivery of media content and online services, including video, music, games, software, and social media, across Microsoft's global Internet properties. Under the agreement, Microsoft and Limelight will cross-license certain technologies, consider joint development projects in the future, and cooperate on extending and improving their respective technology infrastructures. Microsoft and Limelight have also entered into a multi-year relationship under which Limelight Networks will continue to provide global media streaming and content delivery services to Microsoft.
The new technology and services agreement is aimed at radically improving user experiences across Internet media properties of Microsoft's globally scaled internet services, which today serve over 460 million unique users per month worldwide. By working together to solve, over time, the Internet's challenges of media content performance, scale and reliability, Microsoft and Limelight intend to deliver true globally scaled media-caliber experiences to Internet-connected users, to any device in any format anywhere in the world.
"Today's digital media initiatives only hint at the full potential of the Internet as a channel for distribution of traditionally produced content and as a platform for the creation of new forms of media and entertainment content," said Debra Chrapaty, Corporate Vice President - Global Foundation Services of Microsoft. "Our agreement with Limelight Networks anticipates Internet audiences and content offerings that are orders of magnitude larger than today. Limelight's vision, service and technology leadership in Internet delivery of media is a perfect fit with our own vision and initiatives toward the future."
"Microsoft is widely recognized as a global leader in digital entertainment," said Jeff Lunsford, chairman and CEO of Limelight Networks. "We are proud to have been chosen for this strategic initiative based on our network and technology's performance in delivering video for MSNBC.com and game content and video downloads for Xbox Live. Microsoft's vision for a connected experience closely aligns with our own, including delivery services for the next generation, high definition Internet."
Founded in 1975, Microsoft (Nasdaq: MSFT) is the worldwide leader in software, services and solutions that help people and business realize their full potential.
About Limelight Networks
Limelight Networks is a high-performance content delivery network for digital media, providing massively scalable, global delivery solutions for on-demand and live Internet distribution of video, music, games and social media. Limelight Networks' infrastructure is optimized for the large object sizes, large content libraries, and large audiences associated with compelling rich media content. Limelight is the content delivery network of choice for more than 850 of the world's top media companies, including Akimbo, Amazon Unbox(TM), Belo Interactive, Brightcove, "BuyMusic" @ Buy.com, DreamWorks, LLC, Facebook, FOXNews.com, IFILM, ITV Play, Metacafe, MSNBC.com, MySpace, NC Interactive, Valve Software, Radio Free Virgin and Xbox Live. For more information, visit http://www.llnw.com.
All forward-looking statements contained in this release are made within the meaning of and pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are all statements other than statements of historical facts, including but not limited to statements concerning the company's ability to improve the performance, scalability, and reliability of Internet delivery of media content and online services across Microsoft's global Internet properties; and all other statements concerning the plans, intentions, expectations, projections, hopes, beliefs, objectives, goals and strategies of management. Forward-looking statements are not guarantees of future performance or events and are subject to a number of known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed, projected or implied by such forward-looking statements. Accordingly, there can be no assurance that the results expressed, projected or implied by any forward-looking statements will be achieved, and readers are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements in this press release speak only as of the date hereof and are based on the current plans, goals, objectives, strategies, intentions, expectations and assumptions of, and the information currently available to, management. The Company assumes no duty or obligation to update or revise any forward-looking statements for any reason, whether as the result of changes in expectations, new information, future events, conditions or circumstances or otherwise.
SOURCE Limelight Networks, Inc.Contact: Kristen Leon of Waggener Edstrom Worldwide, +1-415-547-7027, firstname.lastname@example.org, for Limelight Networks; or Rapid Response Team, Waggener Edstrom Worldwide, +1-503-443-7070, email@example.com, for Microsoft