EXHIBIT 99.1

Investor Contact:
Vishal Makhijan
Inktomi Corporation
(650) 653-2800
vishalm@inktomi.com

Media Contact:
Jill Reed
Inktomi Corporation
(650) 653-4699
jreed@inktomi.com

Inktomi Acquires Content Bridge Assets from Adero
Leading Internet Infrastructure Software Company to Become Operator of Content Bridge Alliance Services

             FOSTER CITY, Calif., January 5, 2001 — Inktomi Corp. (NASDAQ: INKT), developer of scalable Internet infrastructure software, today announced that it has acquired various business assets of Adero relating to billing, settlement and traffic reporting and has licensed other related technologies from Adero. With this transaction Inktomi assumes the role of operator for Content Bridge™ alliance services and is positioned to accelerate the rollout and deployment of content peering capabilities. Content Bridge is an alliance of technology and network service providers formed to enable cross-network content distribution and speed the delivery of content from the point of origin to end users.

             With Inktomi’s strong foundation in delivering network infrastructure solutions, the company brings extensive expertise to the role of operator for Content Bridge alliance services. The addition of Adero’s billing and settlement technologies to Inktomi’s leading Internet infrastructure software creates a foundation to enable content peering between multiple service provider networks and extends Inktomi’s role as a core technology enabler for fast, efficient content distribution. Content peering provides highly scalable delivery of rich content from content providers, across multiple networks, to content consumers at the point of Internet access. As the operator of Content Bridge alliance services, Inktomi will facilitate content delivery and updates across all member networks and provide centralized billing and settlement services for cross-network transactions.

             “With the addition of Adero’s billing, settlement and traffic reporting technologies, Inktomi will broaden its reach in the content distribution market by adding core enabling technology to facilitate content internetworking,” said David Peterschmidt, president and chief executive officer of Inktomi. “Inktomi’s mission since its inception has been to build intelligence and efficiency into networks. With this new technology, we intend to deliver additional value to service providers by accelerating their ability to participate in the next generation of network cooperation on the Internet.”

             “Inktomi’s proven leadership in the Internet infrastructure arena and close working relationships with the alliance members provides a strong foundation to serve as operator for Content Bridge alliance services,” said Jonathan Crane, chief executive officer of Adero. “At the same time, today’s announcement marks a re-focusing of Adero on the company’s flagship CDN services. With Adero’s foothold in the content distribution market, we have made the decision to focus our service offerings exclusively on this opportunity. We will remain an active member of the Content Bridge alliance and will use it to establish a truly global reach for our content provider customers.”

             “Today’s announcement provides Exodus® and Inktomi with a new opportunity to further expand our long-standing business r elationship,” said Ellen M. Hancock, chairman and chief executive officer of Exodus. “Exodus continues to support Content Bridge’s content peering model as it provides one of the most scalable, innovative methods of distributing content and enables Exodus to bring additional value to our customers.”

             Under terms of the agreement between Inktomi and Adero, Inktomi purchased business assets and technologies, licensed software and other intellectual property and assumed contracts related to the role of operator of Content Bridge from Adero for $23.5 million in cash and will assume certain operational liabilities. Inktomi