IIP InterNAP Network Services

Internap Network Services Corporation (AMEX: IIP), a leading provider of performance-based routing solutions over the Internet, announced that the 1-for-10 reverse split of its common stock announced on June 22, 2006 became effective as of the close of business on July 10, 2006. Internap's stock will begin trading on the American Stock Exchange on a split-adjusted basis on July 11, 2006. Internap common stock has been assigned a new CUSIP number 45885A 300. Internap common stock will continue to trade under the ticker symbol "IIP" following the reverse split. Effective July 11, Internap will have approximately 34.6 million shares of common stock outstanding. About Internap Internap is a market leader of intelligent route control solutions that bring reliability, performance and security to the Internet. The company's patented and patent-pending technologies address the inherent weaknesses of the Internet, enabling enterprises to take full advantage of the benefits of deploying business-critical applications such as e-commerce, Voice-over-IP (VoIP), video-conferencing and streaming audio/video across the Internet. Through a portfolio of high-performance IP and WAN optimization solutions, customers can bypass congestion points, overcome routing inefficiencies and optimize performance of their applications. Internap solutions are backed by an industry-leading performance guarantee that covers the Internet as opposed to just one network. These offerings include: network- and premise-based route optimization solutions, colocation, VPN, content distribution and managed security services. Internap currently serves more than 2,100 customers, including Fortune 1000 and mid-tier enterprises in the financial services, government, travel/hospitality, manufacturing, media/entertainment, technology and retail industries. The company provides services throughout North America, Europe, Asia and Australia. For more information, please visit the company website at www.internap.com. Internap is a trademark of Internap. All other trademarks and brands are the property of their respective owners.