Network Solutions Appoints Five Executives to Vice President Positions.

Business Editors/High Tech Writers

HERNDON, Va.--(BUSINESS WIRE)--March 16, 2000

Network Solutions, Inc. (NASDAQ: NSOL), the world's leading registrar of domain names, today announced it has appointed five top-level executives to provide leadership for its Registrar, Registry and Corporate Services.

--John McInnes recently joined the Registrar as vice president of Network Infrastructure Integration, reporting to chief information officer Rick Walsh. Jeffrey Johnson recently received a promotion from director to vice president of Network Solutions' idNames(TM), reporting to Doug Wolford.

--For the Registry, Thomas Newell received a promotion from director to vice president of Registy DNS Programs, reporting to general manager Bruce Chovnick.

--In addition, two members of Network Solutions' corporate team received promotions to vice president, including Jim Ulam, vice president-assistant general counsel and secretary, reporting to Jon Emery, senior vice president-general counsel, and Karla Leavelle, vice president of Human Resources, reporting to chief financial officer Bob Korzeniewski.

John McInnes will serve as vice president of the Network Infrastructure Integration group for Network Solutions' Registrar. His responsibilities include design, implementation and continuous improvement of Network Solutions' information infrastructure, allowing the company to meet both short and long-term business goals.

Jeffrey W. Johnson, as vice president of Network Solutions' idNames, oversees the industry research, business strategy, service development, business development, promotion, and operations functions. idNames provides corporate services for the domain name registration and maintenance needs of many of the world's largest trademark owners.

As vice president of Registry Domain Name System (DNS) Programs, Thomas Newell is responsible for overseeing the global DNS infrastructure of the .com, .net and .org top-level domains (TLDs), and technical support to Registry business development initiatives.

Jim Ulam joined Network Solutions' legal department in 1996. He has since held various positions within the organization, including most recently assistant general counsel. Mr. Ulam handles the practice areas of securities, mergers and acquisitions, equity financing, private placements and public stock offerings, corporate and other commercial transactions.

As vice president of Human Resources (HR), Karla Leavelle is responsible for recruitment, employee benefits, organizational development, employee relations and internal HR policy at Network Solutions. She joined Network Solutions in 1998 as the company's first director of Human Resources and has guided the department through a rapid period of growth in staff.

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 with more than 8.1 million net registrations. To meet the needs of corporations worldwide, Network Solutions' idNames also provides domain name registration services for all available country-code Top-Level Domains, for example, .uk (United Kingdom), .fr (France) and .de (Germany). 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.netsol.com/nsi Web site.

Network Solutions registers the majority of Web addresses worldwide through various channels, including nearly 240 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: AXP), IBM (NYSE: IBM) and Microsoft (Nasdaq: MSFT) and Netscape. Through its Alliance Program, Network Solutions works closely with EarthLink (Nasdaq: ELNK), Interliant Inc. (Nasdaq: INIT), and Interland, Inc. Network Solutions also has entered into marketing agreements with companies like AltaVista, Netscape and Yahoo! Inc. (Nasdaq: YHOO).

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, increased competition, including price competition, in the domain name registration business, customer acceptance of new products and services offered by the company in addition to or as enhancements of its registration services, risks associated with acquisitions and investments, risks associated with the company's international business, potential volatility in the company's stock price, uncertainty of Internet privatization, 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 for the year ended December 31, 1998 and Quarterly Reports on Form 10-Q for the periods ended March 31, 1999, June 30, 1999 and September 30, 1999.