To: esecurities(tm) who wrote (2123 ) 7/29/1998 5:05:00 PM From: esecurities(tm) Respond to of 4231
HMAPPS Power Partner VERIO now world's largest. Verio to Acquire Hiway Technologies, Creating Global Leader in Web HostingAcquisition gives Verio largest number of domain-based Web sites and powerful distribution channels in the U.S. and over 100 countries ENGLEWOOD, Colo.--(BUSINESS WIRE)--July 29, 1998-- "...Verio Inc. (NASDAQ:VRIO - news), a leading full-service business Internet provider, today announced that it will acquire Boca Raton, Florida-based Hiway Technologies, Inc., a leading Web hosting company. The combination of the two Internet industry leaders creates the world's largest and fastest-growing domain-based Web hosting company with more than 150,000 Web sites. The combined companies create a powerful sales and marketing engine that is driven by preferential marketing agreements with leading Internet portal companies, private label relationships with major telecommunications companies and direct sales through over 150 sales professionals. With the addition of over 2,000 resellers through Hiway's wholly-owned RapidSite, Inc. subsidiary, Verio will market its Web services through over 4,000 resellers in the U.S. and in over 100 countries around the world. Verio's expanded marketing capabilities will further increase the Company's reach within the small and mid-size business market, which according to industry analyst firm Forrester Research will continue its dramatic growth, quadrupling last year's revenues to nearly $1 billion in 1998, on its way to over $10 billion in 2002. Verio and Hiway together host more domain-based (.com, .net, .org) Web sites than any other Internet company..." biz.yahoo.com VERIO, KENT MILLINGTON, CEO, VERIO/ISERVER, UTAH, USA-MAY 15, 1998. "HoTMetaL Application Server has an amazingly low appetite for memory," said Kent Millington, president, Verio Web Hosting. "Our customers win because they can quickly build secure Web applications that integrate commerce and databases. We win because those robust Web applications are low-overhead and require no maintenance." Contact Details: Kent Millington, CEO, Verio/Iserver, USA, Tel: 801 224-9346; Fax: 801 224-6820; Web: www.iserver.com source: HMAPPS Power Partner VERIO sq.com ...the implications certainly [appear to] make things interesting for SoftQuad(pv) [HMAPPS] Inc......