Internap Network Services Corporation 1-for-10 Reverse Split Effective After Close of Trading on July 10th; Internap Common Sto

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.