| FOR IMMEDIATE RELEASE |
|
NTT COMMUNICATIONS AND VERIO
|
| TOKYO and ENGLEWOOD, Colo. – September 11, 2000 – NTT Communications Corporation and Verio Inc. today announced that a subsidiary of NTT Communications has merged with and into Verio, with Verio surviving as an indirect wholly owned subsidiary of NTT Communications. Pursuant to the merger, each share of Verio common stock, preferred stock and certain warrants not purchased in the recently completed tender offer by NTT Communications have been converted into the right to receive cash, as provided in the merger agreement entered into by NTT Communications and Verio. Payment will be made upon presentation of certificates representing shares or warrants of Verio stock to the paying agent for the merger, together with a properly completed letter of transmittal. As a result of the merger, Verio is indirectly wholly owned by NTT Communications and its shares are no longer publicly traded. About NTT Communications NTT Communications, a subsidiary of Nippon Telegraph and Telephone Corporation, provides long distance and international telecommunications reaching over 200 countries worldwide. Headquartered in Tokyo, NTT Communications' Arcstar services operate in about 50 countries and have significant presence in Asia Pacific, North America and Europe. Arcstar global services provide managed data, multimedia and Internet services to some of the largest companies in the world. NTT Communications, with the OCN brand, is already one of the largest ISPs in Japan. NTT Communications and Verio will rank among the top IP service providers globally. Together, NTT Communications and Verio will immediately provide customers of all sizes in the U.S., Japan, and throughout Asia with a complete range of Internet-based business services – from high-quality IP network services including global connectivity, network management and IP-VPN, to advanced Web-based business solutions, including Web-hosting and e-commerce platforms. For more information about NTT Communications, visit the company's Web site at www.ntt.com/index-e.html. About Verio Verio Inc. is the world’s largest operator of Web sites for businesses and a leading provider of comprehensive Internet services, with an emphasis on serving the small and mid-sized business market. The company offers customers a broad range of Internet solutions, including high-speed access, Web hosting, e-commerce, virtual private networks and other enhanced services. Verio supports its operations with highly reliable and scalable national infrastructure and systems including a Tier One national network. Verio delivers locally-based sales and engineering support in markets across the United States under the Verio brand name and provides Web-hosting services to customers in more than 170 countries. For more information about Verio, visit www.verio.com Verio’s corporate headquarters are located in Englewood, Colorado at 8005 S. Chester St., Suite 200, 80112, phone number (303) 645-1900. |
 For more information, please contact. |