8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):

November 18, 2007

Internap Network Services Corporation

(Exact name of registrant as specified in its charter)

Delaware	000-27265	91-2145721
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification Number)

250 Williams Street, Atlanta, GA	30303
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code: (404) 302-9700

Not applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02(b)   Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 18, 2007, David A. Buckel, Vice President and Chief Financial Officer of Internap Network Services Corporation (the “Company”), notified the Company that he was resigning to pursue other interests in the private equity markets. Mr. Buckel’s resignation from his position as Vice President and Chief Financial Officer is effective November 18, 2007, but he will remain as an employee of the Company during a transition period.

Item 5.02(c)   Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Tamara Augustyn, Vice President, Finance and Chief Accountant, will assume the role of the Company’s Principal Accounting Officer effective as of November 19, 2007.

Ms. Augustyn, 38, has been the Company’s Vice President, Finance and Chief Accountant since January 2007.  Ms. Augustyn served as the Company’s Corporate Controller and Chief Accountant from August 2006 to January 2007, and prior to that time, as the Company’s Operational Controller since June 2004. Before she joined the Company in June 2004, Ms. Augustyn held a number of positions with American Tower Corporation from June 1999 to January 2004, most recently as the Director of Finance for one of its wholly-owned subsidiaries, Galaxy Engineering Services, which was acquired by Incode Telecom Group in August of 2003.  Ms. Augustyn worked in Internal Audit at Fluor Corporation from 1997 to 1999 and began her career in the audit department of Dixon Hughes PLLC.  Ms. Augustyn has a B.S. degree in Business from Wake Forest University and is a certified public accountant.

There are no arrangements between Ms. Augustyn and any other person pursuant to which Ms. Augustyn was selected as an officer.  There are no family relationships between Ms. Augustyn and any director or other executive officer, nor are there any transactions to which the Company was or is a participant and in which Ms. Augustyn has a material interest subject to disclosure under Item 404(a) of Regulation S-K.

Ms. Augustyn and the Company did not enter into any material plan, contract or arrangement in connection with her assumption of the role of Principal Accounting Officer, nor did Ms. Augustyn receive any grant or award of restricted stock or stock options.

Item 8.01. Other Events

     On November 19, 2007, the Company issued a press release announcing the resignation of David A. Buckel as Vice President and Chief Financial Officer of the Company. A copy of the press release is attached hereto as Exhibits 99.1 to this Form 8-K and is incorporated herein by reference.

Item 9.01.  Financial Statements and Exhibits.

(d)           Exhibits.

The following exhibits are furnished with this Current Report on Form 8-K:

Exhibit No.	Description
99.1	Press release dated November 19, 2007, announcing resignation of David A. Buckel.

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		INTERNAP NETWORK SERVICES CORPORATION
Date: November 20, 2007
	By:	/s/ Richard P. Dobb
		Richard P. Dobb
		Vice President and General Counsel

 EXHIBIT INDEX 

99.1 Press release dated November 19, 2007, announcing resignation of David A. Buckel.

EX-99.1

Exhibit 99.1

David A. Buckel Stepping Down After Four Years of Service

ATLANTA, GA – (November 19, 2007) – 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.”

As announced on November 6, 2007, in the most recent quarter, which was the third quarter of 2007, Internap posted record revenue, increased margins, net income profitability, and accelerating new customer growth. The company is focused on profitable growth and stockholder value as demonstrated by four consecutive quarters of improvement in both adjusted gross margin and adjusted EBITDA margins.

About Internap

Internap is a leading Internet solutions company that provides The Ultimate Online Experience™ by managing, delivering and distributing applications and content with unsurpassed performance and reliability. With a global platform of data centers, managed Internet services, a content delivery network (CDN) and content monetization services, Internap frees its customers to innovate their business and create new revenue opportunities. More than 3,500 companies across the globe trust Internap to help them achieve their Internet business goals. For more information, visit www.internap.com.

Internap “Safe Harbor” Statement

Certain information included in this press release constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, including, among others, statements regarding the performance of our products, business strategy, projected levels of growth and projected costs, are forward-looking statements. Those statements include statements regarding the intent, belief or current expectations of Internap and members of our management team, as well as the assumptions on which such statements are based. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that actual results may differ materially from those contemplated by forward-looking statements. Other important factors that may affect Internap's business, products, results of operations and financial condition include, but are not limited to: our ability to sustain profitability; our ability to respond successfully to technological change; the availability of services from Internet network service providers or network service providers providing network access loops and local loops on favorable terms, or at all; failure of third party suppliers to deliver their products and services on favorable terms, or at all; failures in our network operations centers, network access points or computer systems; and our ability to protect our intellectual property.

Our Annual Report on Form 10-K/A, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K and other Securities and Exchange Commission filings discuss the foregoing risks, as well as other important risk factors that could contribute to such differences or otherwise affect our business, results of operations and financial condition. We undertake no obligation to revise or update any forward-looking statement for any reason.

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Internap Contact:

Andrew McBath

(404) 865-7198

amcbath@internap.com