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Covad and Speakeasy Unveil Faster Consumer DSL Service

[January 28, 2004]

Covad and Speakeasy Unveil Faster Consumer DSL Service

Covad Communications Group, Inc., a leading national broadband service provider of high-speed Internet and network access, and Speakeasy (www.speakeasy.net), a national broadband provider, have collaborated to bring higher bandwidth broadband service to Speakeasy's power Internet users throughout Covad's nationwide network.

Speakeasy introduced a Covad-powered 3.0/768 DSL service, which is one of the most robust consumer DSL connections in the industry today. Combining one of the fastest download and upload speeds available, the 3.0/768 service offers much higher performance at a compelling price. Users can expect maximum downstream speeds to reach up to 3.0 Mbps, which is nearly eight times as fast as 384 kbps DSL and upstream speeds of up to 768 kbps or about six times faster than entry-level consumer DSL service. The 3.0/768 Speakeasy product will be offered throughout Covad's service area which includes 96 of the top Metropolitan Statistical Areas (MSAs).

"The 3.0/768 service is another example of how Covad makes broadband better by enhancing bandwidth choices for customers," said Charles Hoffman, Covad's president and chief executive officer. "By providing a variety of broadband flavors we are able to better address the needs of diverse Internet users throughout the country."

"We listened to our customers and created a compelling combination of price and performance that is geared towards today's power broadband users. Whether you are a hard core gamer, hosting a server, supporting a home or business network, or sharing your connection via WiFi, the 3.0/768 product can meet your needs," said Bruce Chatterley, Speakeasy's president and CEO. "We understand that the marketplace demands much more than the cable broadband 'status quo' and we are pleased to collaborate with Covad to deliver a competitive high performance broadband option for our customers."

Combining Covad's high-speed last-mile connection with Speakeasy's high-performance nationwide network enables Speakeasy to deliver the new 3.0/768 service with faster gaming response times (often measured by ping rates) than some entry-level consumer DSL services. Speakeasy accommodates power users with demanding broadband needs by offering advanced products to its customers, a wide range of value-added features, and industry-leading customer support.

Speakeasy's Basic 3.0/768 residential service is offered for $69.95 per month for the first three months, $99.95 thereafter. Business customers may select Speakeasy's Net Advantage 3.0/768 package, which provides additional benefits for small businesses for just $119.95 per month. (Special offers apply to all orders placed by March 31, 2004.)

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