Megaport's Elastic Interconnection Fabric to Enhance Verizon Digital Media Services' Content and E-commerce Performance

BRISBANE, Australia and San Francisco — June 1, 2016 — Megaport, the global leader in software defined networking based elastic interconnection, today announced that Verizon Digital Media Services will utilise Megaport's Elastic Interconnection Fabric to enable direct connections to Verizon Digital Media Services' solutions, while also localising content delivery network services to consumers.

Megaport simplifies scaling network capacity by provisioning direct connections to Verizon Digital Media Services' solutions in any market where Megaport and Verizon Digital Media Services both have a presence, through its award-winning portal and API. Localising traffic through direct connections enables fast and reliable performance to key content for Verizon Digital Media Services' direct customers.

Denver Maddux, Chief Executive Officer, Megaport said: "The addition of Verizon Digital Media Services brings enormous value to our ecosystem. Content and E-Commerce services exhibit similar network behavior as Cloud services where there is a need to move tremendous amounts of data between service regions and ecosystem partners. Plus, there is a need to localise traffic to ensure better performance to consumers. We're very pleased Verizon Digital Media Services has chosen Megaport to be their enabler for next-level interconnectivity."

Verizon Digital Media Services will utilise the Megaport Internet Exchanges in Sydney, Melbourne, and Singapore, and utilize the Megaport Elastic Fabric at several locations in the United States, including New York, Los Angeles, Seattle, the San Francisco Bay Area, Ashburn and Dallas. Verizon will join additional Internet Exchanges in Europe and additional markets, in the near future.

"Our long-term agreement with Megaport is a demonstration of our commitment to quality and performance through the continuous expansion of our content delivery network," said Verizon Digital Media Services' Chief Technology Officer Rob Peters. "We're excited to work with Megaport to further develop our network, so that Internet users can quickly and reliably access online content, no matter where they are."

Verizon Digital Media Services is part of AOL, a Verizon Communications, Inc. company, and offers a fully automated end-to-end platform, powered by a robust digital distribution network. The company has an open peering policy, and can enable public peering at Megaport facilities for any interested network.  For additional details, visit http://as15133.peeringdb.com/ or https://www.verizondigitalmedia.com.

About Megaport

Megaport Limited (ASX:MP1)  is the leading, global, independent and neutral provider of Elastic Interconnection services. Using Software Defined Networking, the Company's global platform enables customers to rapidly connect their network to other services across the Megaport Fabric. Services can be directly controlled by customers via mobile devices, their computer or our open API. The Company's extensive footprint in Australia, Asia Pacific, and North America provides a neutral platform that spans many key data centre providers across various markets.

Megaport operates in 67 data centres across fifteen markets in Australia, New Zealand, Singapore, Hong Kong, Canada, and the United States and is currently expanding its presence into additional data centres in North America and key markets in Europe, including London, Dublin, Amsterdam, and Stockholm.

To learn more about Megaport's SDN-based interconnection fabric and continued expansion into North American markets, please visit https://megaport.com.

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About Verizon

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York City, generated nearly $132 billion in 2015 revenues. Verizon operates America's most reliable wireless network, with 112.6 million retail connections nationwide. The company also provides communications and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers worldwide.