To: Jenna who wrote (21208 ) 1/4/1999 1:26:00 PM From: Jerry Olson Respond to of 120523
Monday January 4, 12:50 pm Eastern Time Company Press Release Network Solutions Announces 2-for-1 Stock Split HERNDON, Va.--(BUSINESS WIRE)--Jan. 4, 1999--Network Solutions, Inc. (NASDAQ: NSOL - news) today announced that its board of directors has approved a two-for-one stock split to be effected in the form of a stock dividend on its Common Stock. Network Solutions' stockholders of record at the close of business on February 26, 1999 will receive one additional share for each share of Common Stock held at that time. The new shares are expected to be mailed from the Company's transfer agent, ChaseMellon Shareholder Services, L.L.C, on March 23, 1999. The stock split will increase the number of shares of Common Stock currently outstanding from approximately 16,485,000 to 32,970,000. Founded in 1979, Network Solutions, Inc. (NASDAQ: NSOL - news) is an Internet leader and pioneered the development of registering Web addresses ending in .com, .net, .org and .edu. Network Solutions also provides enterprise network services that focus on assisting large commercial organizations in the evolution and management of their enterprise networks. Contact: Network Solutions, Herndon Media: Christopher Clough, chrisc@netsol.com, 703/742-4706; Investor Relations, Sean McClorey, smcclorey@netsol.com, 703/326-6090 More Quotes and News: Network Solutions Inc (Nasdaq:NSOL - news) Related News Categories: computers, internet Help Copyright © 1999 Business Wire. All rights reserved. All the news releases provided by Business Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving ina public database, redistributing via a computer network or in a printed form. See our Important Disclaimers and Legal Information. Question