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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 76.00+0.7%Jan 16 4:00 PM EST

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To: Sam who wrote (516)11/21/1996 11:25:00 AM
From: Sam   of 5650
 
To all FYI....

PSINet Announces Simplified $99 PSIWeb
Pricing Plan Offers Three Free Months'
Hosting Service With Dial-Up or Dedicated
Connection
Thursday, November 21, 1996 6:06 AM

and Temporarily Waives $95 PSIWeb eCommerce Fee

HERNDON, Va., Nov. 21 /PRNewswire/ -- PSINet
Inc. , the first commercial Internet service provider, today
announced a simplified pricing structure for its PSIWeb
international web hosting service and a year-end
promotion for its new PSIWeb eCommerce service.
Since it introduced PSIWeb in May 1995, PSINet
Publishing Corporation has become one of the industry's
leading providers of corporate web hosting and
electronic commerce solutions.

The new pricing plan, $10 per megabyte with a minimum
monthly charge of $99, includes: easy one-button-publish
web site maintenance; custom CGI scripting ability;
detailed user profile reports; Microsoft FrontPage,
VRML, Java and Shockwave support; and 24x7 web
server and network monitoring. For customers with any
other PSINet dedicated or LAN-on-Demand
connection, PSINet will temporarily waive the minimum
monthly PSIWeb service fee of $99 for three months of a
12-month contract.

"PSIWeb, already a pioneer in charging only for disk
space used, now provides businesses of all sizes and
types with an Internet-optimized web hosting service that
includes unlimited data transfer for as little as $99 per
month," said Ed Frankenberg, PSIWeb product
manager. "This new pricing structure allows every
PSIWeb customer to better predict and control all
hosting expenses."

PSIWeb provides businesses with one of the industry's
most advanced and versatile web hosting environments
available. PSIWeb provides every customer with at least
two geographically-dispersed web servers that are
connected directly to PSINet's international network.
This architecture caters particularly to businesses or
multinational corporations most concerned with web site
performance and reliability. Like PSINet's InterFrame,
PSI IntraNet and other dedicated corporate connection
services, PSIWeb is engineered for high-speed, robust
performance under heavy traffic loads.

PSINet also announced that it will waive $95 of the
monthly fee for either PSIWeb eCommerce service
option for new customers signing up by December 31,
1996. The PSIWeb eCommerce Complete electronic
commerce solution service, which is available as an
option to the PSIWeb hosting service, and includes
Mercantec's SoftCart and CyberCash, is priced at $195
per month, plus a one percent transaction fee. The
PSIWeb eCommerce payment-only service with
CyberCash is priced at $95 per month, plus a one
percent transaction fee.

PSIWeb eCommerce, introduced in October 1996,
provides the building blocks to develop, integrate and
manage high-performance "Virtual Storefronts" on
PSIWeb. PSIWeb eCommerce Complete integrates
CyberCash's secure payment system to process
transactions electronically with SoftCart virtual store
technology from Mercantec to facilitate a seamless
shopping experience.

PSINet is the leading provider of turn-key corporate
Internet and intranet access, managed security services,
electronic commerce solutions and web hosting services
throughout the United States and abroad.

PSINet manages one of the world's largest and most
advanced fast-packet networks, which provides
state-of-the-art, high speed Internet access ranging from
dedicated high-speed circuits to ISDN to high-speed
modem dial-up. PSINet backs up its state-of-the-art
network with the industry's original service guarantee,
employing automatic back-up systems and crediting
service for outages of as little as one percent of a
business day.

Headquartered in Herndon, Va., PSINet has offices
throughout the U.S., subsidiaries in the U.K., Canada,
and Japan, and joint-venture partners in the Netherlands
and South Korea. Call 1-888-774-9320 for further
details on PSIWeb or PSIWeb eCommerce. For general
information, call 703-904-4100, send e-mail to
info@psi.com or access PSINet's web site at
psi.net.

All brands, product and service names mentioned are
trademarks or registered trademarks of their respective
owners. SOURCE PSINet Inc.

Any comments?

Sam
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