Internap CFO Resigns

ATLANTA -- Internap Network Services Corporation (NASDAQ: INAP), a global provider of Internet business solutions, today announced that David A. Buckel, vice president and chief financial officer, is stepping down after four years of service to pursue other interests in the private equity markets. Mr. Buckel resigned from his current position effective today, but will remain an Internap employee during a transition period. Tamara Augustyn, vice president and chief accountant, will assume the role of the company’s principal accounting officer.

“The Board of Directors and I would like to thank Dave for his leadership and dedication during his four years at Internap,” said James P. DeBlasio, president and chief executive officer of Internap. “We wish him well as he begins the next phase of his career.”

David Buckel joined Internap in July 2003 and was named CFO in May 2004. While at Internap he served in a number of financial capacities including head of the company's investor relations and financial planning and analysis functions. As CFO, he helped to strengthen Internap’s capital structure, enabling the company to deliver solid financial results and stockholder value.

“I greatly appreciate the opportunity to work with such an outstanding team of professionals at Internap over the last four years,” Mr. Buckel said. “Together we have worked hard to deliver exceptional results quarter by quarter while maintaining financial discipline. I am confident that Internap will continue to lead the industry through innovative Internet solutions and superior customer service.”

Internap Network Services Corp. (Nasdaq: INAP)