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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 12.44-8.4%Jan 30 9:30 AM EST

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To: Swamp Fox who wrote (2932)7/7/1998 7:34:00 AM
From: Thomas Kirwin  Read Replies (1) of 17679
 
Web Hosting in the News!

Verio acquires TABNet, creating one of the world's largest Web hosting companies

Tuesday July 7, 6:59 am Eastern Time

TABNet acquisition gives Verio a powerful direct marketing engine as one of the world's largest registrars of Internet .com, .net, .org names

ENGLEWOOD, Colo.--(BUSINESS WIRE)--July 7, 1998-- Verio Inc. (NASDAQ:VRIO - news), a leading full-service business Internet provider, has acquired California-based TABNet, a move that makes Verio one of the world's largest and fastest-growing domain-based Web site hosting companies. This acquisition increases Verio's base of hosted Web sites to over 60,000, and significantly enhances the Company's direct marketing capability through TABNet's preferential online advertising placement agreements with Netscape, Yahoo!, AltaVista, HotBot and others, and co-branding and revenue-sharing agreements with Excite, Infoseek and WhoWhere?. The combination of TABNet's direct marketing approach and Verio's already strong indirect distribution channels gives the Company a powerful marketing engine targeted at small to medium-sized businesses.

biz.yahoo.com

Regards,

Tom
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