VRIO <news>
Headline: Verio to Help Spearhead New Application Services Provider Consortium
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ASP Industry Consortium to Facilitate Research and Standards for Emerging
Outsourced Business Software Applications Market
ENGLEWOOD, Colo., May 11 /PRNewswire/ -- Verio Inc. (NASDAQ:VRIO), the
world's largest domain-based Web-hosting company and a leading provider of
comprehensive business Internet services, today announced its membership in a
new international advocacy group dedicated to advancing the application
service provider (ASP) market. As a founding member of the Massachusetts-
based ASP Industry Consortium, Verio will help conduct research, foster
standards and promote the benefits of outsourcing business software
applications to application-hosting companies, or ASPs.
"Verio was founded to provide Internet solutions that help growing
companies successfully compete in our rapidly changing economy," said Sean
Brophy, vice president of corporate development for Verio. "In addition to
connectivity and Web hosting, outsourced software applications hosted via the
Internet are the next step in enabling companies to leverage their businesses
using the Internet."
ASPs manage and deliver application capabilities to multiple business
users from data centers across a wide-area network. Much like Web hosting,
application hosting gives businesses an affordable outsourced alternative to
procuring, implementing and managing complex software and computer systems
internally. Application hosting levels the playing field for companies of all
sizes by permitting them to share the cost of financial management, human
resources, data warehousing and other sophisticated business applications.
"The consortium is a pioneering group comprising some of the world's
leading technology companies," added Brophy, who represents Verio on the ASP
Industry Consortium board of directors. "As the world's top business Web-
hosting company and a leading provider of e-commerce services, Verio has the
experience and insight to help the consortium facilitate standards that ensure
rapid deployment of hosted applications. We expect that our large business
customer base and existing Web-hosting infrastructure will enable Verio to
quickly become a leader in application hosting services."
In addition to Verio, other founding members of the ASP Industry
Consortium include AT&T, AristaSoft Corporation, Boundless Technologies, Inc.,
Cisco Systems, Inc., Citrix Systems, Inc., Compaq Computer Corporation, Cylex
Systems, Inc., Ernst & Young LLP, Exodus Communications, Inc., FutureLink
Corporation, GTE, Great Plains Software, IBM Corporation, Interpath
Communications, JAWS Technologies, Inc., Marimba, Inc., Onyx Software
Corporation, SaskTel, Sharp Electronics Corporation, Sun Microsystems, Inc.,
The Taylor Group, Telecomputing, UUNET and Wyse Technology.
About the ASP Industry Consortium
Founded in May 1999, the Application Service Provider Industry Consortium
is an advocacy group of companies formed to promote the application service
provider industry by sponsoring research, fostering standards, and
articulating the measurable benefits of this evolving delivery model.
Information on the ASP Industry Consortium is available at www.aspindustry.org
or by contacting consortium headquarters at: ASP Industry Consortium, Inc.,
401 Edgewater Place, Suite 500, Wakefield, Mass. 01880; Tel: 781-246-9321.
About Verio Inc.
Verio Inc. is the world's largest domain-based (e.g. yourcompany.com)
Web-hosting company and a leading provider of comprehensive business Internet
services, with an emphasis on serving the small and mid-sized business market.
The company offers customers a broad range of Internet solutions, including
high-speed access, Web hosting, e-commerce, virtual private networks and other
enhanced services. Verio supports its operations with highly reliable and
scalable national infrastructure and systems including a facilities-based Tier
One national network. Verio delivers locally based sales and engineering
support in 41 of the top 50 U.S. markets under the Verio brand name and
provides Web-hosting services to customers in more than 170 countries.
For more information on Verio, visit the company's Web site at
www.verio.com. The corporate headquarters are located in Englewood, Colorado
at 8005 S. Chester St., Suite 200, 80112, phone number 303.645.1900.
Except for the historical information contained herein, certain matters
set forth in this press release concerning Verio are forward-looking
statements within the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. These forward-looking statements
are subject to risks and uncertainties, including but not limited to
fluctuations in operating results, additional capital requirements,
competition, integration of acquisitions, and implementation of network
infrastructure. Readers are also encouraged to refer to Verio's reports from
time to time filed with the Securities and Exchange Commission, including the
Company's Current Annual Report on Form 10-K filed on March 31, 1999, for a
further discussion of Verio's business and risk factors that may affect
operating and financial results.
SOURCE Verio Inc.
-0- 05/11/99
/CONTACT: Media: Matt Bell, 303-645-1961, mbell@verio.net, Corporate
newsroom: newsroom.verio.net; Investors: Whitney Fogt, 303-645-1921,
investors@verio.net, Investor information: investors.verio.net, both of
of Verio Inc.; or John Lamontagne, of ASP Consortium, 781-246-9321,
lamontagne@aspindustry.org/
/Web site: newsroom.verio.net
/Web site: investors.verio.net
/Web site: aspindustry.org
/Web site: verio.com |
