Network Solutions Offers Expedited Registrant Name Change Service.HERNDON, Va.--(BUSINESS WIRE)--Nov. 30, 1999-- 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) today launched its Priority Registrant Name Change Agreement (RNCA RNCA Registrant Name Change Agreement (used for domain name transfers) RNCA Riparian National Conservation Area RNCA Royal Newfoundland Constabulary Association RNCA Royal Naval Communications Association ) Service for customers who want to expedite a name change to a domain name registration. Each month, thousands of RNCAs are submitted to make a change to the registrant's legal name or transfer the domain name registration to another party, among other reasons. The new priority service ensures that an RNCA will be processed and completed within 2 business days provided the customer supplies the requisite information to process the change. "We provide unlimited name change service free of charge with every registration, but previously only on a first-come, first-served basis," said Doug Wolford, general manager of Network Solutions' Registrar and Value Added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. Services. "Now, by offering an RNCA priority service to our customers, we're meeting a demand for those who require a two-day turnaround. This is the first of what we expect to be a growing list of premium service offerings." RNCA requests typically require additional research to ensure the authenticity of signatures and documents and are processed in the order they are received. There is currently no charge for the service. With the new priority service, RNCAs submitted with correct information by 3:00 p.m. EST will be completed within 2 business days at a cost of $199 per domain name change. The service is available immediately. Customers interested in the service should visit http://www.networksolutions.com/makechanges/rnca/agreement.html . 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. Network Solutions also provides Internet Technology Services that assist large commercial organizations in the evolution and management of their Internet technologies. For more information, see the http://www.networksolutions.com Web site. Network Solutions is the world's leading registrar, with more than 6.5 million net registrations. Network Solutions registers the majority of Web addresses worldwide through various channels including nearly 220 companies in over 30 countries in its Premier program and over 30,000 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. ) 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 ), MindSpring Enterprises, Inc. (NASDAQ: MSPG MSPG Mor Strioch Pian Gar (gaming) MSPG Middle School Parents Group MSPG Material/Military Support Planning Guidance ), Interliant, Inc. (NASDAQ: INIT), ValueWeb (NASDAQ: ESPI ESPI Electronic Speckle Pattern Interferometry ESPI European Space Policy Institute ESPI Ecole Supérieure des Professions Immobilières (Paris) ESPI European Software Process Improvement ) and Interland, Inc. Network Solutions also has entered into marketing agreements with companies like Yahoo! Inc. (NASDAQ: YHOO YHOO Yahoo! Inc. (NASDAQ symbol) ). For Network Solutions, Media: Nancy Huddleston, nancyh@netsol.com, (703) 742-4852. Investor Relations Investor relations The process by which the corporation communicates with its investors. : Sean McClorey, smcclorey@netsol.com, (703) 326-6090. 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, uncertainty of Internet governance and regulation, increased 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 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 January 4, 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. |
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