NTT Communications Launches `Powered by Verio' Web Hosting Service in Japan.

Business Editors/Hi-Tech Writers

ENGLEWOOD, Colo.--(BUSINESS WIRE)--June 22, 2000

Verio Inc. (Nasdaq:VRIO), the world's largest web hosting company and a leading provider of comprehensive e-business solutions, announced that NTT Communications (NTT Com) has launched the `Powered by Verio' web hosting service in Japan. The shared hosting service is based on Verio's world-leading technology and will be targeted to the small- to medium-enterprise market and SOHOs throughout Japan. This service is based on the agreement signed in September 1999.

One of the leading telecommunications companies in the world and a top Internet service provider in Japan, NTT Com will offer Verio's web hosting services through the `Powered by Verio' distribution program. This program enables companies to offer scalable co-branded Web-hosting services based on the Verio platform. The current service launch will deliver robust hosting service capabilities to NTT Com's customers, and NTT Com plans to expand these hosting services in the future.

NTT Com, a subsidiary of Nippon Telegraph and Telephone (NTT) Corporation (NYSE: NTT) is part of the NTT group of telecommunications companies. Under the agreement, the entire NTT group of companies will be able to market co-branded Web-hosting services to businesses in Japan on a `Powered by Verio' basis. The NTT group currently generates annual revenue of approximately $98 billion and supports more than 60 million fixed telephone subscriptions and 30 million cellular phone subscriptions. NTT Com also has established itself as a leading Internet service provider in Japan, with nearly 1.3 million dedicated and dial-up access customers.

"With the introduction of this service to our extensive customer base, NTT Communications will be able to leverage Verio's world-class hosting technology to deliver enhanced Internet services to the Japanese business market," said Hisao Iizuka, senior vice president of NTT Com. "Small- to medium-sized businesses in Japan can now take advantage of the Verio platform to quickly and effectively increase their business presence on the Internet."

"Through this offering, NTT Communications' customers can realize a competitive advantage through hosted services at a reasonable cost," said Justin L. Jaschke, chief executive officer of Verio. "With an estimated target market of more than seven million businesses in Japan today, we can quickly establish Verio's brand and product throughout this key Asian market while delivering a product in great demand among the small- to medium-sized business segment."

NTT Com announced on May 18 that it has commenced a tender offer to acquire all of the outstanding stock of Verio. Following the acquisition, the two firms' services would be integrated to further enrich comprehensive Internet service offerings supporting companies' e-business needs.

About NTT Communications Corporation (NTT Com)

NTT Communications Corporation, a subsidiary of NTT, provides long distance and international telecommunications reaching over 200 countries worldwide. Headquartered in Tokyo, NTT Communications' Arcstar services operate in about 50 countries and have significant presence in Asia Pacific, North America and Europe. Arcstar global services provide managed data, multimedia and Internet services to some of the largest companies in the world. NTT Communications' investment in its Managed Services, IP Infrastructure and Internet Portal will meet the growing demand for electronic commerce-based services from its business customers and home users. NTT Communications, with the OCN brand, is already one of the largest ISPs in Japan. For more information about NTT Communications, visit the company's Web site at http://www.ntt.com/index-e.html.

About Verio Inc.

Verio Inc. is the world's largest provider of Web sites for businesses and a leading provider of comprehensive e-business 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 Tier One national network. Verio delivers locally based sales and engineering support in markets across the United States 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/A-1 filed on March 27, 2000, for a further discussion of Verio's business and risk factors that may affect operating and financial results.