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Technology Stocks : Digital Island,Inc - (Nasdaq- ISLD) -- Ignore unavailable to you. Want to Upgrade?

To: xfiles who wrote (195)	7/23/1999 8:43:00 AM
From: djane	Respond to of 1884

Another 2x1 split in the sector. Verio Announces Two-for-One Stock Split Thursday July 22, 7:29 pm Eastern Time Company Press Release SOURCE: Verio Inc. ENGLEWOOD, Colo., July 22 /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 that its Board of Directors has approved a two-for-one stock split of the company's common stock, which will be effected in the form of a stock dividend. Shareholders of record at the close of business on August 3, 1999 will receive one additional share of Verio common stock for each share held. Certificates for the additional shares will be distributed by the company's transfer agent on or about August 20, 1999. Based on the number of shares currently outstanding, following the effective date of the split, Verio will have approximately 75.4 million shares outstanding. 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. The Verio name and logo are trademarks of Verio Inc. SOURCE: Verio Inc. Copyright © 1999 PRNewswire. All rights reserved.