VeriSign to Sell Network Solutions Business

Henry Linneweh hrlinneweh at sbcglobal.net
Fri Oct 17 00:54:16 UTC 2003


That is a positive note, hopefully the new group will give us a public statement
of its intentions.
 
-Henry

Mark Vallar <mark at vallar.net> wrote:

Just got this email from Network Solutions.......

Hmmmmm

--mval

From: Network Solutions, Inc.
[mailto:NetworkSolutions at info1.networksolutions.com]
Sent: Thursday, October 16, 2003 10:31 AM
To: domreg@
Subject: Announcement



Dear Valued Network Solutions® Customer,

Today VeriSign, Inc. announced that it has entered into a definitive
agreement to sell Network Solutions to a new entity formed by Pivotal
Private Equity.

Please be assured that Network Solutions continues to be committed to
providing superior products and customer service to our more than 4 million
customers. You have seen evidence of this commitment in the numerous
enhancements we have introduced over the last 18 months. This commitment
remains strong today in our
600 employees, each focused on providing you with a superior customer
experience.

Today's announcement will not impact the service you receive from us.
Network Solutions is the industry's first and largest domain name service
provider with over
8 million domain names under management. We will continue to support and
enhance a full range of affordable Web related services, including domain
names, Web sites, business e-mail, and more.

As to the transaction itself, the buyer, Pivotal Private Equity, is a
provider of equity for middle market corporate acquisitions. Pivotal focuses
on companies in the telecommunications and Internet services industries,
among others. The purchase agreement is subject to certain closing
conditions, which we expect to be completed in the fourth quarter. To view
today's press release and to get additional information go to
http://www.verisign.com/corporate/news/index.html.

We remain committed to providing high quality services to meet your online
needs and thank you for choosing Network Solutions.

Sincerely,

Network Solutions Customer Service





Please do not reply to this message. For Network Solutions customer service
inquiries, contact us at: vip at networksolutions.com.

© 2003 Network Solutions, Inc. All Rights Reserved.

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