Network Solutions' Chairman Mike Daniels Presented with Northern Virginia Technology Counsel's Leadership in Technology Award.Business Editors/High Tech Writers HERNDON, Va.--(BUSINESS WIRE)--April 26, 2000 Mike Daniels, chairman of Network Solutions, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : NSOL) was honored last night with Northern Virginia Technology Council's ninth annual Earle C. Williams Leadership in Technology Award. NVTC NVTC Northern Virginia Technology Council NVTC National Virtual Translation Center NVTC Nissan Valve Timing Control NVTC Narva Vocational Training Centre (Narva, Estonia) established this award to recognize individuals who have made significant contributions to the growth and prosperity of the Northern Virginia technology business community. "Mike is one of the key visionary business leaders who has transformed Northern Virginia's business landscape with new technology products and services, as well as with new management practices and technological innovations," said Bobbie Kilberg, President of NVTC. As chairman of Network Solutions, the world leader in Internet registrations with more than 10 million domain names, Mike Daniels led the company through its first successful IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. in 1997. In 1999, he led NSI's Secondary Offering, at that time the largest Internet equity offering in history. Daniels also serves as sector vice president of SAIC SAIC - http://saic.com. , a $5.5B high technology firm and the largest employee-owned scientific, technical and engineering, professional services firm based in the United States. Daniels was chairman of NVTC from 1997-1998 where he led efforts on workforce and regional cooperation, and focused the technology community on important public policy issues. Daniels is a member of the Governor's Commission on Information Technology and is Chairman of the Virginia Workforce Council. He has served as an advisor to the White House (National Security Council), as a U.S. National Commissioner to UNESCO UNESCO: see United Nations Educational, Scientific, and Cultural Organization. UNESCO in full United Nations Educational, Scientific and Cultural Organization , and as a member of the United States Trade Representative's International Investment Policy Advisory Committee (INPAC INPAC Indiana Pork Advocacy Coalition (political trade association) ). He is a founding member of the Internet Policy Institute and a member of the Board of Directors of the Northern Virginia Regional Partnership. About Network Solutions Founded in 1979, Network Solutions, Inc. (NASDAQ: NSOL) pioneered the development of registering Web addresses ending in .com, .net, .org and .edu and is the world's leading Registrar at http://www.networksolutions.com with over 10 million net registrations. To meet the needs of corporations worldwide, Network Solutions' id Names(TM) also provides domain name registration services for all available country-code top-level domains, for example, .de (Germany), .fr (France) and .uk (United Kingdom). Network Solutions additionally plays a critical role in the infrastructure of the Internet through its Registry services. Network Solutions' Registry customers include all the Registrars of domain names ending in .com, .net and .org. Network Solutions also provides Internet Technology Services that assist large commercial organizations in the evolution and management of their Internet technologies. On March 7, 2000, VeriSign, Inc. agreed to acquire Network Solutions, to create the world's largest provider of Internet Trust Services. For more information, see the http://www.nsol.com website. Network Solutions registers the majority of Web addresses worldwide through various channels, including more than 260 companies in over 30 countries in its Premier Program and over 41,000 companies in the Affiliate Program. Network Solutions has created value-added small business solutions through agreements with leading companies such as American Express (NYSE NYSE See: New York Stock Exchange : AXP The brand name Digital gave to its first family of Alpha-based computers. In 1998, Digital was acquired by Compaq. See Alpha. ), IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) (NYSE: IBM) and Microsoft (Nasdaq: MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ). Through its Alliance Program, Network Solutions works closely with EarthLink (Nasdaq: ELNK ELNK EarthLink, Inc. (stock symbol) ELNK Ethernet Link ), Interland, Inc. and Interliant, Inc. (Nasdaq: INIT). Network Solutions also has entered into marketing agreements with companies like Yahoo! Inc. (Nasdaq: YHOO YHOO Yahoo! Inc. (NASDAQ symbol) ). Statements in this announcement other than historical data and information constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, uncertainty of Internet privatization, increased competition in the domain name registration business including price competition, customer acceptance of new products and services offered by the company in addition to or as enhancements of its registration services, risks associated with the company's international business, uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. More information about potential factors that could affect the company's business and financial results is included in the company's filings with the Securities and Exchange Commission, especially in the company's Registration Statement on Form S-3 filed on December 22, 1999, as amended, Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 1999 and Quarterly Reports on Form 10-Q for the periods ended March 31, 1999, June 30, 1999 and September 30, 1999. |
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