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Announcement Comes on Heels of Strong Q3 Financial Achievements TEMPE, Ariz., Oct. 31 /PRNewswire/ -- Limelight Networks, the world's leading content delivery network for digital media, today announced that Jeffrey W. Lunsford has been named chief executive officer and chairman of the board of directors. Lunsford will join Limelight on November 20th, succeeding founding CEO Bill Rinehart. Mr. Rinehart will remain with the company as co- founder and continue to work with Limelight's customers and partners. (Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20061031/SFTU120 ) Lunsford joins Limelight from digital marketing and analytics firm WebSideStory, Inc. (NASDAQ:WSSI) where as CEO and Chairman he led the company through a successful IPO, a strategic product expansion phase -- including two acquisitions and 11 consecutive quarters of positive cash flow -- and record financial results. Jeff has more than 10 years of leadership experience in Internet-based sales, marketing, technology and business operations. Prior to WebSideStory, Lunsford served as CEO of TogetherSoft Corporation and held senior positions at S1 Corporation and Brintech, Inc. "I am thrilled to welcome Jeff Lunsford to the Limelight executive team," said Rinehart. "Jeff is an outstanding executive with an established track record of leading Internet companies through rapid growth. Our customers' digital media businesses are growing at an accelerating pace as users increasingly look to the Internet as a key channel for interacting with media content. We look forward to working with Jeff to build further on Limelight's current position as a leader in digital media services." "I am pleased to have been selected to lead one of the most innovative and clearly differentiated service providers in the Internet enablement sector," said Lunsford. "Online video, games and music now account for a significant -- and quickly growing -- percentage of traffic on the Internet. Limelight is incredibly well positioned to enable its current and prospective customers to compete more effectively in this rapidly expanding market." "Jeff is a great fit for Limelight's customer-driven culture. We have confidence in his ability to help the Limelight team achieve the company's potential -- in both today's high-growth digital media segment as well as its expansion into future online initiatives," said Pete Perrone, Vice President, Goldman Sachs. Operating Highlights The CEO appointment comes on the heels of another successful financial quarter for the company. Highlights for the third quarter of 2006 include: -- Strong revenue growth, rising to $17 million, an increase of nearly 200% from the same quarter of 2005. -- Twelve consecutive quarters of net income profitability. -- Completion of a $130 million equity financing round, led by Goldman Sachs Capital Partners, with participation from Oak Investments and Palo Alto Investors. -- Continued rapid build-out of Limelight's high performance content delivery network in the U.S. and abroad. -- Continued rapid expansion of the Limelight customer base, to over 700 customers, setting Limelight Networks apart from all competitors as the clear preferred choice for any business seeking to rapidly and efficiently deliver compelling content and ensure a high quality experience for its end users. Other business highlights during the quarter included the launch of Amazon Unbox(TM), significant expansion in the company's business with social media companies, and the hiring of Ernst & Young as Limelight's independent auditor. About Limelight Networks Limelight Networks is the 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 downloads. 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 700 of the world's top media companies, including Akimbo, Belo Interactive, Brightcove, "BuyMusic" @ Buy.com, DreamWorks, LLC, Facebook, FOXNews.com, IFILM, ITV Play, Marimba, MSNBC.com, MySpace, NC Interactive, Radio Free Virgin, Valve Software, and Xbox Live. For more information, visit: http://www.llnw.com/ . Press Contact: Wynne Ahern Communication Strategies 510-658-8870 http://www.newscom.com/cgi-bin/prnh/20061031/SFTU120 http://photoarchive.ap.org/ DATASOURCE: Limelight Networks CONTACT: Wynne Ahern of Communication Strategies, +1-510-658-8870, or , for Limelight Networks Web site: http://www.llnw.com/

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