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Network
Solutions' Dot Com Index Shows Small Businesses Dominate in
Domain Name Registrations
HERNDON,
Va.--(BUSINESS WIRE)-- 84% of Q1 Registrations Were Businesses;
70% of Those Employ One to Four People.
Network
Solutions, Inc. (NASDAQ: NSOL), today revealed that small
businesses continued to dominate in domain name registrations in
the first three months of 2000.
Businesses
accounted for 84 percent of Network Solutions' domain name
registrations in Q1 2000 and 70 percent of those employed one to
four people. Although small, these businesses know they need to
protect their brand, drive traffic to their websites, and think
globally. Registering a .com, .net or .org domain name
accomplishes all three goals.
"The
necessity of a `dot com' in today's business world is clearly
seen in NSI's dot com index," said Doug Wolford, senior
vice president and general manager of Network Solutions'
Registrar. "Not only are traditional businesses registering
domain names, but growing numbers of new companies are getting
started online. By tracking dot com registrations, Network
Solutions is in a unique position to assess these `new economy'
businesses -- that often only exist online – as they are
created."
Of
the businesses registering the most domain names in the first
quarter of 2000, attorneys and computer software companies
ranked first and second. Finishing out the list of top 10 are
Internet service providers, real estate agencies, advertising
agencies and counselors, computer system designers and
consultants, insurance companies, computer and equipment
dealers, physicians and surgeons and business management
consultants.
Through
its dot com index, Network Solutions ranks the highest number of
domain name registrations by business category, by U.S. cities
and states, and by cities and countries outside of the U.S. on a
monthly basis. The data is gathered from NSI's Registrar data.
Beginning soon, the NSI Registrar will also report dot com
trends and present a picture of the dot com economy in a new
website, www.dotcomforecast.com.
Consumer vs. Company Employee
Size March 2000
March
2000
Consumer vs. Company Employee Size
%
--------------------------------------------
Consumer
16%
Companies
84%
1 - 4 employees
70%
5 - 9 employees
5%
10
- 19 employees
3%
20
- 49 employees
3%
50
- 99 employees
1%
100
- 249 employees
1%
250
+ employees
1%
--------------------------------------------
Ranking of Businesses
Registering Domain Names First Quarter, 2000
First Quarter, 2000
-------------------
Rank Business
--------- ----------------------------------------
-
Attorneys
-
Computer
Software
-
Internet
Service
-
Real
Estate
-
Advertising-Agencies
& Counselors
-
Computers-System
Designers & Consultants
-
Insurance
-
Computer
& Equipment Dealers
-
Physicians
& Surgeons
-
Business
Management Consultants
---------
-----------------------------------------
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
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.
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 for the year ended December 31, 1999 and
Quarterly Report on Form 10-Q for the period ended March 31,
2000.
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