Uh oh.
Network Solutions and Go2Net Announce Advertising Agreement For Online Web
Address Registration and Directory Services
Business Editors/High Tech Writers
HERNDON, Va.--(BUSINESS WIRE)--August 17, 1999--Network
Solutions, Inc. (NASDAQ: NSOL), the leader in Web address
registrations ending in .com, .net and .org, and Go2Net, Inc. (NASDAQ:
GNET), a network of branded, technology- and community-driven Web
sites, today announced a strategic agreement to offer Network
Solutions' Web address registration and directory services for members
of Go2Net's HyperMart ( hypermart.net ) and Virtual Avenue
( virtualave.net ) business hosting services.
HyperMart and Virtual Avenue comprise the Internet's largest
aggregation of small and medium-sized businesses, with more than
445,000 businesses, growing at the combined rate of more than 1,000
new member businesses per day.
Under the comprehensive advertising agreement, which includes
revenue sharing elements, Go2Net will direct prospective HyperMart and
Virtual Avenue member businesses to co-branded pages offering Network
Solutions' Web address registration and directory services at a cost
of $70 for two-year Web address registrations. This will include the
opportunity to register for free listings in the new dot com
directory(TM), a business directory designed to help users quickly
locate, research and do business with companies on the Web. The
directory, which has more than 1.8 million online business listings,
also will be featured on the Go2Net Personal ( go2net.com )
and MetaCrawler ( metacrawler.com ) sites in the
"resources" sections.
"Network Solutions is excited to work side-by-side with Go2Net to
offer our Internet identity services to a growing number of
small-to-medium sized businesses," said Doug Wolford, senior vice
president, marketing and sales, Network Solutions. "Our collaboration
levels the playing field for small businesses."
"As HyperMart and Virtual Avenue continue to extend their
leadership in the small and medium-sized business hosting sector, we
believe there will be considerable synergies with Network Solutions'
business domain registration and directory services," said John
Keister, Go2Net President. "We anticipate that a significant number of
new HyperMart and Virtual Avenue member businesses will join this
program every month."
In addition to registration and directory services, Go2Net member
businesses will be able to access Network Solutions' idNames(TM)
service, a solution for establishing an international Web presence in
any of the 192 countries currently accepting Web address
registrations, as well as conduct WhoIs search requests from the
co-branded Web pages.
About Go2Net, Inc.
Go2Net is a network of branded, technology- and community-driven
Web sites focused on the following categories: personal finance,
search and directory, commerce and business services, and games. The
company also develops Web-related software. The Go2Net Network's
properties include: Go2Net Personal ( go2net.com ), which
provides users with a comprehensive Internet start page offering
customizable news, discussion, and stock information, as well as
direct access to Go2Net's own finance, search, free Web hosting,
shopping and Java multiplayer game sites; Silicon Investor
( siliconinvestor.com ), the Web's premier financial
discussion site, which also offers proprietary articles, portfolio
tracking tools, company research and news relating to business and
finance; MetaCrawler ( metacrawler.com ), a metasearch
service that combines various existing search/index guides into one
service; Dogpile ( dogpile.com ), a metasearch service and
provider of proprietary search technologies; 100hot
( 100hot.com ), a leading directory of the Web's most popular
sites; HyperMart ( hypermart.net ) and Virtual Avenue
( virtualave.net ), the Web's leading providers of free
business hosting services; Authorize.Net ( authorize.net ),
the Internet's leading payment authorization service; Haggle Online
( haggle.com ), a person-to-person auction service; WebMarket
( webmarket.com ), a one-stop comparison shopping service;
and PlaySite ( playsite.com ), the Web's premier Java-based
multi-player games site. The company's Go2Net Labs division develops
innovative technologies to enhance the features and functionality of
the Go2Net sites and for licensing to other Internet companies.
About Network Solutions
Founded in 1979, Network Solutions, Inc. (NASDAQ: NSOL) pioneered
the development of registering Web addresses ending in .com, .net,
.org and .edu. Network Solutions also provides Internet Technology
Services that assist large commercial organizations in the evolution
and management of their Internet technologies. For more information,
see the networksolutions.com Web site.
Network Solutions is the world's leading registrar with more than
5 million net registrations. Network Solutions registers the majority
of Web addresses worldwide through various channels including nearly
200 companies in its Premier Program. Network Solutions has created
value-added small business solutions through agreements with leading
companies such as American Express (NYSE: AXP). Through its Alliance
Program, Network Solutions works closely with EarthLink (NASDAQ:
ELNK), MindSpring Enterprises, Inc. (NASDAQ: MSPG), Interland, Inc.,
Interliant, Inc. (formerly Sage Networks, Inc.) (NASDAQ: INIT) and
ValueWeb (NASDAQ: ESPI). Network Solutions also has entered into
marketing agreements with companies including Yahoo! Inc. (NASDAQ:
YHOO) and Netscape Communications Corporation.
For Network Solutions, Media: Christina Zulandi,
czulandi@netsol.com (703) 326-2514. Investor Relations: Sean McClorey,
smcclorey@netsol.com, (703) 326-6090.
For Go2Net: Mark S. Peterson, mark@go2net.com (206) 447-1595.
Statements in this announcement other than historical data and
information constitute forward-looking statements that involve risks
and uncertainties that could cause actual results to differ materially
from those stated or implied by such forward-looking statements. The
potential risks and uncertainties include, among others, uncertainty
of Internet governance and regulation, increased competition in the
domain name registration business, customer acceptance of new products
and services offered by the company in addition to or as enhancements
of its registration services, risks associated with the company's
international business, uncertainty of future revenue and
profitability and fluctuations in its quarterly operating results.
More information about potential factors that could affect the
company's business and financial results is included in the company's
filings with the Securities and Exchange Commission, especially in the
company's Registration Statement on Form S-3 filed on January 4, 1999,
as amended, Annual Report on Form 10-K for the year ended December 31,
1998 and Quarterly Reports on Form 10-Q for the periods ended March 31
and June 30, 1999.
--30--bc/ch*
CONTACT: Network Solutions
Media: Christina Zulandi, 703/326-2514
czulandi@netsol.com
Investor Relations: Sean McClorey, 703/326-6090
smcclorey@netsol.com
Go2Net
Mark S. Peterson, 206/447-1595
mark@go2net.com
KEYWORD: VIRGINIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED
INTERACTIVE/MULTIMEDIA/INTERNET
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