(BW) Network Solutions and Interliant Announce Strategic Alliance
HERNDON, Va. and PURCHASE, N.Y.--(BUSINESS WIRE)--Aug. 17, 1999--
Companies to Market Internet Identity and Hosting Services
to Small and Medium-Sized Businesses
Network Solutions, Inc. (NASDAQ: NSOL) and Interliant, Inc. (NASDAQ: INIT), a leading
application services provider (ASP), today announced a strategic alliance to deliver
enhanced Internet identity and hosting services for small and medium-sized businesses.
Under terms of the agreement, the two companies will offer and promote their
respective products and services to each other's existing and potential customers. In
addition, the two companies will explore joint development of a new rentable application.
This relationship combines the strength of Network Solutions' leading Web address
registration services with Interliant's global Web and application hosting services to
support the growing number of small and medium-sized businesses now coming online.
Currently, Interliant refers more than 10,000 Web addresses monthly to Network Solutions,
while Network Solutions is the world's largest domain name registrar. The announcement
also marks an expansion of Interliant's role as a member of Network Solutions' Alliance
Program.
"This relationship brings together two pioneers that have a history of helping
companies do business online," said Jim Lidestri, president of Interliant. "Network
Solutions' experience bringing organizations onto the Internet combined with Interliant's
experience in developing and hosting online business applications will allow both
companies to deliver the next generation of Internet business services."
"We are pleased to expand our relationship with Interliant with the signing of this
new agreement today," said Doug Wolford, senior vice president of marketing and sales,
Network Solutions. "We've worked closely with Interliant since 1998 and have seen them
grow quickly. They've established a comprehensive suite of Internet services for the
business community and are a valued member of our Alliance Program."
Specific terms disclosed under today's strategic relationship between Network
Solutions and Interliant include the following:
--Interliant will continue to offer its customers the benefit of Network Solutions'
registration services in the .com, .net and .org top-level domains to help them establish
their unique Internet identities.
--Interliant will provide access to the dot com directory(TM) through a link on its
Web site.
--Network Solutions will promote Interliant's services on its Web site, on its dot com
directory and in a variety of other promotional campaigns. Network Solutions will
continue to refer customers to Interliant as an Alliance Program member, and the two
companies will engage in joint sales efforts with the goal of offering those customers
the benefits of Interliant's hosting and both parties' services.
--Network Solutions will also expedite the registration process for Interliant's
customers and will provide dedicated advanced account management for Interliant's
customers with support 24 hours a day, 7 days a week.
--Interliant and Network Solutions will explore joint development of a rentable
application offering that would allow small- and medium-sized businesses to leverage the
power of an Internet-based hosted application without the traditional infrastructure
required to host and administer one.
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) and Microsoft (NASDAQ: MSFT).
Through its Alliance Program, Network Solutions works closely with EarthLink (NASDAQ:
ELNK), MindSpring Enterprises, Inc. (NASDAQ: MSPG), Interland, Inc., Interliant, 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.
About Interliant, Inc.
Interliant, Inc. (NASDAQ: INIT) offers a comprehensive suite of Internet hosting and
enhanced Internet services that enable its customers to deploy and manage their web sites
and network-based applications more effectively than their internally developed
solutions. In addition to virtual, dedicated and co-located hosting solutions to meet the
needs of businesses of all sizes, the company offers groupware and application hosting
services that provide customers with remote access to mission-critical applications and
data. Interliant has three primary data centers, including state-of-the-art facilities in
Atlanta, Houston and in the Washington D.C. area. Investors in Interliant include
Charterhouse Group International, Inc. and SOFTBANK Technology Ventures.
For Network Solutions Media Relations Contact: Cheryl Regan, cregan@netsol.com, (703)
742-4847. For Network Solutions Investor Relations Contact: Sean McClorey,
smcclorey@netsol.com, (703) 326-6090.
For Interliant Media Inquiries Contact: Julie Belan, (512) 638-5311,
julie_belan@lpp.com For Interliant Investor Relations Contact: Beth O'Byrne, (914)
640-9000, bobyrne@interliant.com
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
and directory services businesses, as well as the web and application hosting business,
customer acceptance of new products and services offered by the companies in addition to
or as enhancements of their registration services or hosting services, risks associated
with the companies' international business, uncertainty of future revenue and
profitability and fluctuations in the companies' quarterly operating results. More
information about potential factors that could affect the companies' business and
financial results is included in each company's respective filings with the Securities
and Exchange Commission. This includes, for Network Solutions, 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, and for Interliant, its Registration Statement on Form
S-1 filed March 15, 1999, as amended.
Interliant is a registered trademark of Interliant, Inc. All rights reserved.
CONTACT: Network Solutions, Herndon
Media Relations: Cheryl Regan, 703/742-4847
cregan@netsol.com
Investor Relations: Sean McClorey, 703/326-6090
smcclorey@netsol.com
or
Interliant, Purchase
Media: Julie Belan, 512/638-5311
julie_belan@lpp.com
Investor Relations: Beth O'Byrne, 914/640-9000
bobyrne@interliant.com
15:03 EDT AUGUST 17, 1999 |
