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Technology Stocks : Icon CMT Corp. (ICMT)

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To: Toby Zidle who wrote (124)11/11/1998 10:30:00 AM
From: Bill Fortier  Read Replies (1) of 128
 
To All!

Wednesday November 11, 7:02 am Eastern Time

Company Press Release

Icon CMT Corp. Selected by
Network Solutions to Provide
Internet Connectivity Services

WEEHAWKEN, N.J.--(BUSINESS WIRE)--Nov. 11, 1998--Icon CMT Corp.
(NASDAQ:ICMT - news), the Internet solutions provider offering value-added Internet, intranet
and extranet solutions for businesses and corporations, today announced an agreement with
Network Solutions to provide Internet connectivity services for Network Solutions' domain name
registration services.

Network Solutions is the leading provider of Web address registration, providing registration
services for the top-level domains .com, .net, .org and .edu.

Under the terms of the agreement, Icon CMT is now a network provider for the Network
Solutions registration services network, offering DS3 Internet connection, increased bandwidth
and full redundancy services through Icon CMT's nationwide tier-one network.

''At Network Solutions, fast and reliable connectivity is critical for everything we do. Our
customers demand 24-hour access to our services with virtually no down time,'' said Dave
Holtzman, senior vice president, engineering. ''We selected Icon CMT for a key piece of our
telecommunications infrastructure because of their experience in delivering highly reliable Internet
services.''

''Network Solutions is critical to the day-to-day operation of the Internet,'' said Tony Scrimenti,
senior vice president of communications services for Icon CMT Corp. ''Our agreement to
provide network connectivity to more than two million businesses and personal Web addresses
registered through Network Solutions is recognition of the value and reliability our communications
infrastructure provides to organizations that make their business on the Internet.''

Founded in 1979, Network Solutions, Inc. (NASDAQ:NSOL - news) pioneered the
development of registering Web addresses ending in .com, .net, .org and .edu. NSI also provides
enterprise network consulting services, focusing on network engineering, network security and
network management solutions for commercial customers. For more information, see the
www.networksolutions.com Web site.

About Icon CMT Corp.

Icon CMT Corp. is an Internet solutions provider that combines strategic consulting, creative
development and a tier-1 communications infrastructure to provide integrated interactive solutions
that leverage the Internet as a competitive advantage for major corporate customers. Founded in
1991, Icon CMT is traded on the Nasdaq under the symbol ICMT. Additional information about
Icon CMT is available through the company's web site at icon.com, or by calling
1-800-ASK-ICON (275-4266).

On September 13, Icon CMT entered into an acquisition agreement with Qwest Communications
International Inc. (NASDAQ:QWST - news). The closing is subject to the satisfaction of certain
customary conditions, including the approval of Icon CMT's stockholders, as well as antitrust and
securities law approval. The parties expect to consummate the acquisition by the end of the year.

This release may include forward-looking statements concerning Icon CMT's intent, belief or
current expectations with respect to, among other things, trends affecting its financial condition or
results of operations and its business and growth strategies. Such forward-looking statements are
not guarantees of future performance and involve risks and uncertainties that may cause actual
results to differ materially from those projected, expressed or implied. Icon CMT does not
undertake any obligation to update or revise any forward-looking statements.

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