Business Wire
(Copyright (c) 2000, Business Wire)
SAN MATEO, Calif.--(BUSINESS WIRE)--Nov. 8, 2000

iAsiaWorks (Nasdaq:IAWK), a leading provider of hosting services in the Asia-Pacific region, has named William R. McCauley as chief operating officer. McCauley, who ran complex Web hosting and internet operations for GlobalCenter, a Global Crossing Company, has almost 30 years of experience in developing and operating large-scale data networks, data centers and other advanced infrastructure and technology.

"Bill has exceptional and unique technical, managerial and operations skills," said JoAnn Patrick-Ezzell, iAsiaWorks chairman and CEO. "Having him on the team gives us yet another competitive advantage in Asia's internet data center and hosting arenas."

At iAsiaWorks, McCauley will be responsible for the aggressive roll-out of internet infrastructure, products and internal systems, including Global Engineering, Global Operations, Data Center Deployment, Systems, and Product Development. iAsiaWorks, an early mover in pan-Asian hosting and managed services, is currently constructing next-generation internet data centers in Hong Kong, Korea and Taiwan.

"The Asia-Pacific internet hosting industry is gathering real momentum," McCauley said. "For me, this is an opportunity to make a significant contribution in an emerging and critical market."

Before being recruited by iAsiaWorks, McCauley was senior vice president and chief technical officer at Axient, a pioneer in delivering media-quality internet content. Before that, he was senior vice president, operations, at GlobalCenter, a Global Crossing Company. As Senior Director at Level 3 Communications, he was responsible for the initial deployment of Level 3's Network Operations Center.

McCauley was also with Lawrence Livermore National Laboratory for 20 years, where he played critical roles in the nuclear weapons test program, the Advanced Telecommunications Program, the Atomic Vapor Laser Isotope Separation Program and other programs. An electrical engineer by training, he is a senior member of the Institute of Electrical and Electronics Engineers (IEEE).

McCauley will be based at iAsiaWorks' corporate headquarters in Silicon Valley.

About iAsiaWorks

iAsiaWorks (Nasdaq:IAWK), a leading Asia-Pacific internet data center (IDC) company and hosting services provider, offers hosting, managed and professional services, and connectivity in the United States and 11 Asia-Pacific countries (Australia, China, Hong Kong, India, Japan, Korea, New Zealand, the Philippines, Singapore, Taiwan and Thailand). For more information, please visit www.iasiaworks.com.

Forward-Looking Statements

This press release may contain forward-looking statements, including statements related to the growth in iAsiaWorks' business and revenues. Actual results may differ from expectations due to a number of factors, including: iAsiaWorks' recent shift in strategic focus to dedicated hosting, co-location and managed services; iAsiaWorks' inability to successfully build new internet data centers; iAsiaWorks' inability to greatly expand its existing customer base; the operational challenges of developing, deploying and delivering iAsiaWorks' services in a relatively new and evolving market with uncertain prospects for growth; competition from new and existing competitors; iAsiaWorks' inability to manage rapid growth in operations and personnel; the inability to raise capital in the future; the risk of not being able to obtain adequate connectivity from third party providers; the political, legal and economic climate in the Asia-Pacific region, which is volatile, uncertain and subject to change; underdeveloped telecommunications and internet infrastructure; currency fluctuations; and the inability to open new internet data centers and deliver services when requested by our customers. The matters discussed in this press release also involve risks and uncertainties as described in iAsiaWorks' registration statement filed with the SEC.