in the wires...Network Solutions Signs Marketing Agreement with AltaVista
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amein
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Network Solutions Signs Marketing Agreement with AltaVista
RELATED SYMBOLS: (YHOO)(NSOL)(ELNK)(AXP)(CMGI)(INIT)(IBM)
HERNDON, Va., Feb 9, 2000 (BUSINESS WIRE) --
Network Solutions' Domain Name Registration and Internet Identity
Services To Be Prominently Featured Throughout AltaVista
Network Solutions, Inc. (NASDAQ: NSOL), the world's leading registrar
of Web addresses, today announced a comprehensive marketing agreement
with AltaVista Company, a premier media and commerce network at
www.altavista.com. As a featured sponsor, Network Solutions will
benefit from exclusive promotion of its domain name registration
services throughout the AltaVista Network. AltaVista is a leading
Internet network and has reported that more than 47 million unique
worldwide users visited in December. In addition to its .com, .net and
.org registration services, Network Solutions will promote throughout
AltaVista its ImageCafe(TM) Web site design tools, its dot com
directory(TM) find engine, its dot com essentials(TM) Internet starter
kit and its country-code registration services.
"As a pioneer of domain names, Network Solutions shares a rich
technology heritage with AltaVista," said Jim Rutt, chief executive
officer, Network Solutions. "We're each building upon our technology
expertise to bring even more people onto the Internet with products and
services that are easy, helpful and relevant. It's a perfect match for
us, and we're very pleased to reach out to AltaVista's users with our
Internet identity services."
"Network Solutions is an important advertiser with AltaVista, and we
are thrilled to build upon our successes together," said David
Karnstedt, vice president of sales for AltaVista Company. "This
integrated marketing agreement underscores our ability to deliver
successful marketing programs to advertisers seeking to reach
AltaVista's broad, Web-savvy audience."
Network Solutions registered a record 5 million net new Internet Web
addresses in 1999, up 164 percent from 1998 registrations of 1.9
million. Network Solutions' cumulative total of net registrations
exceeded 8.1 million at the end of 1999. In addition to domain name
registration services in .com, .net and .org, Network Solutions also
provides domain name search and registration services in more than 200
country-code top-level domain names. In 1999, Network Solutions also
introduced the dot com directory, its find engine for online
businesses, and acquired ImageCafe, which offers professionally
designed Web site templates for budget-conscious small businesses.
About AltaVista
AltaVista Company is a premier media and commerce network offering
Internet users up-to-the-minute news, live video, content, search and
shopping resources. The company integrates unique technology, products
and services to deliver relevant results faster for both individuals
and businesses. By combining distinctive 'best of the Web'
relationships with personalized service, the AltaVista Network at
www.altavista.com creates the smartest Internet experience. AltaVista
is building on its heritage of technology and innovative leadership,
offering informative services including AltaVista Live!, AltaVista
Search, AltaVista Shopping.com, and AltaVista Free Access combined with
the microportal. AltaVista is a majority-owned operating company of
CMGI, Inc., Andover, MA. AltaVista is headquartered in Palo Alto,
Calif.
About Network Solutions
Founded in 1979, Network Solutions, Inc. (NASDAQ: NSOL) pioneered the
development of registering Web addresses ending in .com, .net, .org and
.edu and is the world's leading Registrar with more than 8.1 million
net registrations. To meet the needs of corporations worldwide, Network
Solutions also provides domain name registration services for all
available country-code Top-Level Domain Names, for example, .de
(Germany), .fr (France) and .uk (United Kingdom). Network Solutions
additionally plays a critical role in the infrastructure of the
Internet through its Registry services. Network Solutions' Registry
customers include all the Registrars of domain names ending in .com,
.net and .org. Network Solutions also provides Internet Technology
Services that assist large commercial organizations in the evolution
and management of their Internet technologies. For more information,
see the www.networksolutions.com Web site.
Network Solutions registers the majority of Web addresses worldwide
through various channels, including nearly 240 companies in over 30
countries in its Premier Program and over 35,000 companies in the
Affiliate Program. Network Solutions has created value-added small
business solutions through agreements with leading companies such as
American Express (NYSE: AXP), IBM (NYSE: IBM) and Microsoft (Nasdaq:
MSFT). Through its Alliance Program, Network Solutions works closely
with EarthLink (Nasdaq: ELNK), Interliant Inc. (Nasdaq: INIT) and
Interland, Inc. Network Solutions also has entered into marketing
agreements with companies like Yahoo! Inc. (Nasdaq: YHOO).
Statements in this announcement other than historical data and
information constitute forward-looking statements that involve risks
and uncertainties that could cause actual results to differ materially
from those stated or implied by such forward-looking statements. The
potential risks and uncertainties include, among others, potential
volatility in the company's stock price, uncertainty of Internet
privatization, increased competition in the domain name registration
business, customer acceptance of new products and services offered by
the company in addition to or as enhancements of its registration
services, risks associated with the company's international business,
uncertainty of future revenue and profitability and fluctuations in its
quarterly operating results. More information about potential factors
that could affect the company's business and financial results is
included in the company's filings with the Securities and Exchange
Commission, especially in the company's Registration Statement on Form
S-3 filed on December 22, 1999, as amended, Annual Report on Form 10-K
for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q
for the periods ended March 31, 1999, June 30, 1999 and September 30,
1999.
Copyright (C) 2000 Business Wire. All rights reserved.
Distributed via COMTEX.
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CONTACT: For Network Solutions:
Media Relations: Cheryl Regan
cregan@netsol.com
(703) 742-4847
OR
Investor Relations: Sean McClorey
smcclorey@netsol.com
(703) 326-6090
OR
Customer Service:
(703) 742-4777
WEB PAGE: businesswire.com
GEOGRAPHY: VIRGINIA
INDUSTRY CODE: INTERNET
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