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Expanding .NU Domain Picks Chief Operating Officer

Expanding .NU Domain Picks Chief Operating Officer

.NU Continues Growth, with Nearly 50,000 .NU Web Addresses Now Registered

Medfield, MA, October 6, 1999 – The .NU Domain Ltd (www.nunames.nu), the fastest growing Top Level Domain (TLD) name on the Internet, announced today that operations expert Stephen Oronte has joined the company as chief operating officer (COO). Mr. Oronte’s charter will be to spearhead the branding effort of the .NU domain name and develop the corporate infrastructure and business practices within the .NU Domain organization to ensure .NU Domain’s success during its rapid growth.

.NU Domain Ltd, the only United States-based competitor to Network Solutions’ ‘.com’ (NASDAQ: NSOL) domain name, has registered nearly 50,000 domain names under the .NU TLD and plans to accelerate growth in its registration of .NU domain names through the year 2000 in its quest to become the second largest TLD in the world after .com.

“The extensive use of the .NU domain name around the world has spurred rapid growth for the .NU Domain Ltd, which makes it necessary for us to expand our management team,” said J. William Semich, president of .NU Domain. “Mr. Oronte’s comprehensive management experience and expertise in growing businesses will be pivotal as the .NU Domain Ltd advances into the new millennium.”

Mr. Oronte has nearly 20 years of business experience in systems and information technology, financial operations, manufacturing, consulting, sales marketing and retail management. He has owned, managed and grown businesses including E-I-E-I-O Inc., DKD Inc. and Ormast Inc. Mr. Oronte has overseen the successful installation of operational software systems, managed order fulfillment processes, customer service programs, and financial operations and has developed financial and sales reporting systems.

“There is a huge opportunity before us. Personal and small business Internet use is about to explode,” said Mr. Oronte. “And all of these users are going to be looking for a domain name for their web site or email address. Many folks have found that the common .com, from Network Solutions Inc., is just not an option for them anymore.” With over 6 million .com domain names already taken, most of the desirable names are gone. But you can still find the domain name you want in the .NU TLD and at a lower price than .com.

About .NU Domain Ltd

.NU Domain Ltd., a US-based private corporation, offers the only competitive alternative to Network Solutions Inc.’s. (NASDAQ:NSOL) .com domain name. The .NU Domain Ltd targets end users and the small office/home office (SOHO) market, as well as Internet users in countries with restrictions on the domain name registration process. The .NU domain is the fastest growing TLD on the Internet.

Current .NU registered customers are located in dozens of counties throughout the world, including Sweden, Denmark, Japan, Germany, Taiwan, Norway, Italy, the UK, Spain, Brazil, New Zealand, Finland, Indonesia, Belgium, Singapore, France, the Canary Islands, Australia, Canada and the Philippines, as well as the US.

The list of registered .NU domain names ranges from personal sites like the Black Velvet Dart Team in Sweden at www.blackvelvet.nu to names registered by large corporations including Dell Computer Corporation at www.dell.nu, entertainment software publisher, Blizzard Entertainment at www.starcraft.nu, the Renault Group at www.renault.nu, International Data Group Corp. at www.idg.nu, The Coca-Cola Bottling Company at www.coca-cola.nu and The Goodyear Tire & Rubber Co. at www.goodyear.nu.

.NU Domain Ltd also offers domain name parking services for customers who need to lock in a domain name but have no immediate plans to use it, the .NU InstantWeb Forwarding Service that provides URL forwarding for your .NU domain name to a GeoCities, Tripod or other Web site without a unique domain name, and .NU InstantMail Forwarding so AOL, GeoCities, Hotmail and other mail service users can have a unique .NU mail address. You can visit .NU Domain Ltd on the World Wide Web at www.nunames.nu.