Akamai Announces Executive Appointments

-- J. Donald Sherman, Vice President of IBM Systems and Technology Group, to become Akamai's new Chief Financial Officer in early 2006

-- Michael M. Afergan appointed Chief Technology Officer, effective immediately

-- Robert Cobuzzi, current Chief Financial Officer, to retire

Akamai Technologies, Inc. (NASDAQ: AKAM), the leading globalservice provider for accelerating content and business processesonline, today announced two key executive appointments and a plannedtransition in leadership of the Company's finance organization. RobertCobuzzi, Akamai's current Chief Financial Officer, will retire earlynext year and will be replaced by J. Donald (J.D.) Sherman; andMichael M. Afergan will become the Company's new Chief TechnologyOfficer, effective immediately, filling an open position.

Mr. Sherman currently is the chief financial executive of IBM's$21 billion Systems and Technology Group. Previously, Mr. Sherman helda number of senior executive positions in Finance at IBM, includingVice President of the Server Division, and Assistant Controller forCorporate Financial Strategy and Budgets. He has an M.B.A. from theUniversity of Chicago and a B.A. in Economics from Emory University.

"I am delighted to welcome J.D. Sherman to Akamai," said PaulSagan, Akamai's President and CEO. "J.D. is an accomplished financeexecutive with broad knowledge of the information technology industry.We believe Akamai will benefit from J.D's experience and insights intothe future of Internet-based enterprise computing and the direction ofthe I.T marketplace in general."

Regarding his decision to come to Akamai, Mr. Sherman said, "I'mvery excited to join the Akamai team. Akamai has a strong and uniqueposition in an incredibly important industry, and I'm looking forwardto helping lead the company's financial direction as it continues togrow."

Mr. Cobuzzi joined Akamai in 2002 and has indicated he plans onretiring in 2006 after completing the Company's full-year financialreporting and filing requirements for 2005. Mr. Sherman will joinAkamai next month in an interim position, as Senior Vice President andCFO-Elect, to allow for a smooth transition to his role as Akamai'sCFO following Mr. Cobuzzi's retirement.

"I want to thank Bob for all he has contributed to Akamai," Sagansaid. "He joined the Company at a time when we were undertaking acrucial restructuring. Bob has been instrumental in implementingchanges and executing strategies that enabled us to achievesignificant revenue growth and profitability."

Regarding his tenure at Akamai, Mr. Cobuzzi said, "It has been anhonor to work with such an accomplished team of professionals atAkamai, and I am looking forward to working closely with J.D. to helpensure a successful transition."

Mr. Afergan, the Company's new CTO, is a veteran of Akamai'sdistinguished engineering organization. He joined Akamai in 1999 andhas served in various roles within Akamai's Engineering and ProductManagement departments, including Director of Technology Strategy andDirector of Load Balancing and Mapping. In these roles, he wasinstrumental in helping to drive innovation based on customerrequirements--working on a variety of Akamai's products and directlywith many of Akamai's largest customers.

Mr. Afergan returned to graduate school in September 2003, and hascome back to Akamai full time after receiving his PhD in ComputerScience from MIT, where his research focused on networking anddistributed systems. In his new role as CTO, Mr. Afergan will workwith Akamai Engineering and Product Management to develop andarticulate the Company's technical vision and strategy. He will reportdirectly to Mr. Sagan.

"The role of CTO has always been a position of high regard andimportance at Akamai," Sagan said. "Mike's primary responsibility willbe to drive profitable revenue growth through new services, features,functionality, and partnerships, and to identify key customer andmarket opportunities. Mike is respected throughout the organization,and he possesses a unique combination of technical and strategiccapabilities required to further develop, grow and lead Akamai'sinnovative set of offerings."

Mr. Afergan previously ran a software consulting company, providedtechnology training internationally, and served as a teaching fellowand guest lecturer at Harvard University. He has authored severalacademic papers, trade magazine articles, and books including JavaQuick Reference (Macmillan), which has been translated into sixlanguages. Mr. Afergan holds an A.B. and S.M. from Harvard, both inComputer Science.

On assuming the role of CTO at Akamai, Mr. Afergan said, "I amexcited to return to a company with such a talented and innovativeteam that continues to address important business issues for ourcustomers. As CTO, I look forward to playing a role in helping Akamaito capitalize on the tremendous opportunities that lie ahead."

"I am very pleased to announce these two key executiveappointments," Mr. Sagan concluded. "J.D. and Mike will enhanceAkamai's senior management team and we are looking forward to theircontributions."

Akamai will hold its next regularly scheduled investor conferencecall on October 25th at 4:30 p.m. ET. The call will include theCompany's third quarter 2005 financial results.

About Akamai

Akamai(R) is the leading global service provider for acceleratingcontent and business processes online. More than 1,700 organizationshave formed trusted relationships with Akamai, improving their revenueand reducing costs by maximizing the performance of their onlinebusinesses. Leveraging the Akamai EdgePlatform, these organizationsgain business advantage today, and have the foundation for theemerging Web solutions of tomorrow. Akamai is "The Trusted Choice forOnline Business." For more information, visit www.akamai.com.

Akamai Statement Under the Private Securities Litigation ReformAct

The release contains information about future expectations, plansand prospects of Akamai's management that constitute forward-lookingstatements for purposes of the safe harbor provisions under ThePrivate Securities Litigation Reform Act of 1995. Actual results maydiffer materially from those indicated by these forward-lookingstatements as a result of various important factors including, but notlimited to, inability to anticipate and react to changes in the marketand other factors that are discussed in the Company's Annual Report onForm 10-K, quarterly reports on Form 10-Q, and other documentsperiodically filed with the SEC.