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Technology Stocks : Verio (VRIO) -- Ignore unavailable to you. Want to Upgrade?

To: jan m. who wrote (526)	6/23/1999 3:23:00 PM
From: JakeStraw	Read Replies (1) \| Respond to of 676

Verio Surpasses 250,000 Web-Site Milestone, Extends Lead As Top Business Web Hosting and E-Commerce Service Provider Strategic Marketing Agreements with AOL and Microsoft Propel Company ENGLEWOOD, Colo., June 23 /PRNewswire/ -- Verio Inc. (Nasdaq: VRIO - news), the world's largest domain-based Web-hosting company and a leading provider of comprehensive business Internet services, today announced it has surpassed the 250,000 Web-site milestone, extending the company's lead as the top provider of business Web hosting and e-commerce services worldwide. Recent agreements with America Online (NYSE: AOL - news), AOL UK, CyberSource, iMall (IMAL), Microsoft (Nasdaq: MSFT - news), and other industry leaders have propelled Verio to a world- leading total of approximately 260,000 hosted Web sites, growing at a rate of about 10,000 (gross) new sites per month. ''Strategic marketing agreements with key industry leaders like AOL and Microsoft are exposing the Verio brand to millions of small and mid-sized companies seeking to get their businesses online,'' said Doug Schneider, president of Verio's Web Services division. ''In particular, our agreements with AOL and AOL UK -- in which Verio was named the exclusive provider of business Web hosting and e-commerce services -- introduced Verio to more than four million potential new business customers.'' Verio offers a wide selection of Web-hosting and electronic commerce service plans designed specifically for small and medium-sized businesses. Web hosting packages range from $24.95 per month to $249.95 per month. E-commerce services, featuring real-time credit card authorization and multi-currency processing, range from $34.95 per month to $399.95 per month. For more information, call 888-GET-VERIO or visit www.verio.com/hosting. For more information about Verio's marketing agreements, please visit the Verio newsroom at www.verio.com/newsroom. About Verio Inc. Verio Inc. is the world's largest domain-based (e.g. yourcompany.com) Web-hosting company and a leading provider of comprehensive business Internet services, with an emphasis on serving the small and mid-sized business market. The company offers customers a broad range of Internet solutions, including high-speed access, Web hosting, e-commerce, virtual private networks and other enhanced services. Verio supports its operations with highly reliable and scalable national infrastructure and systems including a facilities-based Tier One national network. Verio delivers locally based sales and engineering support in 41 of the top 50 U.S. markets under the Verio brand name and provides Web-hosting services to customers in more than 170 countries. For more information on Verio, visit the company's Web site at www.verio.com. The corporate headquarters are located in Englewood, Colorado at 8005 S. Chester St., Suite 200, 80112, phone number 303.645.1900. Except for the historical information contained herein, certain matters set forth in this press release concerning Verio are forward-looking statements within the meaning of the ''safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties, including but not limited to fluctuations in operating results, additional capital requirements, competition, integration of acquisitions, and implementation of network infrastructure. Readers are also encouraged to refer to Verio's reports from time to time filed with the Securities and Exchange Commission, including the Company's Current Annual Report on Form 10-K filed on March 31, 1999, for a further discussion of Verio's business and risk factors that may affect operating and financial results. SOURCE: Verio Inc.