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Technology Stocks : Network Solutions (NSOL) -- Ignore unavailable to you. Want to Upgrade?

To: RocketMan who wrote (157)	12/15/1998 8:49:00 AM
From: Jerry Miller	Respond to of 1377

Tuesday December 15, 8:06 am Eastern Time Company Press Release Network Solutions Signs Global Agreement with Yahoo! Network Solutions' Web Address Registration Services Featured on Yahoo!'s Worldwide Sites HERNDON, Va,--(BUSINESS WIRE)--Dec. 15, 1998-- Network Solutions, Inc. (NASDAQ: NSOL - news), the pioneer of registering Web addresses, today announced it has signed an agreement with Yahoo! Inc. (NASDAQ: YHOO - news) to expand its promotions for domain name registration services globally through many of Yahoo!'s world and domestic properties. Network Solutions will be a premier merchant on Yahoo! providing Web address registration services in .com, .net and .org. As part of the agreement, Network Solutions is a major advertiser and will be promoted on the following sites: www.yahoo.com, Yahoo! UK & Ireland, Yahoo! France, Yahoo! Germany, Yahoo! Norway, Yahoo! Sweden, Yahoo! Italy, Yahoo! Denmark, Yahoo! Japan, Yahoo! Korea, Yahoo! Asia, Yahoo! Australia and NZ, Yahoo! Chinese and Yahoo! en espanol. ''In 1998, we began a very positive relationship with Yahoo!, and we are taking a bold next step for 1999,'' said Doug Wolford, Network Solutions' senior vice president, marketing and sales. ''This agreement with Yahoo! will potentially help small businesses and individuals make a name for themselves with Network Solutions and continue to extend the Network Solutions brand to the entire Internet community.'' ''Our agreement with Network Solutions will provide our large audience with exposure to the small business tools that they need to launch their online presence,'' said Anil Singh, senior vice president of sales at Yahoo!. ''Network Solutions' registration services offer a solution for businesses and individuals around the world that need a Web address. We're very pleased to be working with Network Solutions, the premier service provider in this arena.'' Network Solutions offers Web address registration directly at www.networksolutions.com and through a network of more than 150 channel companies, including many of the world's leading Internet Service Providers and Web hosting companies. In November, Network Solutions reached its three millionth cumulative net registration in .com, .net, and .org. Network Solutions also provides domain name search and registration services in more than 200 country Top-Level Domains currently offering domain name registration. Network Solutions registered a record 507,000 net new Internet Web addresses in the third quarter of 1998, up 89 percent from the third quarter of 1997. In the third quarter of 1998, the number of net new international registrations in .com, .net and .org totaled 138,000, up 78 percent from the third quarter of 1997. Network Solutions' interactive agency of record, webnet-marketing, inc., one of the nation's largest independent interactive media placement and planning agencies, represented Network Solutions in the process that led to the new agreement. The agency was awarded Network Solutions online media account in 1998 following a competitive review.