PRESS RELEASE New Delhi, September 23, 1999 DelhiNet, the first and largest partner of Network Solutions Inc., in the domain name registration, has today announced the availability of a new service for Domain Name Registration that will give Indian Internet users the flexibility to pay for all their .com, .net and .org Web addresses to DelhiNet by paying in Indian Rupees equivalent to International Prices. DelhiNet has introduced this new service of the registration of domain names keeping in mind the difficulties being faced by the Indian Internet User with the new Web Based Prepayment Model (announced by Network Solutions) coming into existence. Network Solutions Inc., the world's leading registrar with more than 5 million net registrations, has announced its new Prepayment Model Internationally to secure and confirm a Web address in a simple point and click process that eliminates the need to receive a return e-mail confirmation or worry about paper invoices, payment check processing and paperwork. The new purchase process also discourages "cybersquatters" and other speculators who registers Web addresses with the intent of reselling them and often do not pay, effectively removing the domain names they register from the market. Addressing the Press in the India Internet World, Mr. Gurpreet Singh, President, DelhiNet, said "With Network Solutions moving onto Web - Based Prepayment Model, booking a domain for any Indian has become difficult. Unless one has access to an International Credit Card, one cannot book a domain as of date. DelhiNet as a largest partner of Network Solutions Inc., will provide the Domain Name Registration whereby one can book a domain by just paying the exact Indian Rupee equivalent". Also present on the occasion Mr. Arthur Chang, Regional Director, Asia pacific, Network Solutions Inc., said, "The whole worldwide and Asian market is growing more than 180% CAGR and Internet is no doubt the next medium for business, communication and media. And the Indian market is following the same trend and growing much faster than before because of deregulation. But because of the new prepayment policy, it has become all the more difficult for Indian Internet users to register the Domain Name and it might hamper the growth of Indian IT industry. But we are proud that our fist and largest International Premier Partner in India has come out with a service wherein one can register the Domain Name by paying in Indian Rupees equivalent to International rates". According to the reports issued by Network Solutions Inc., DelhiNet is the largest contributor of Domain Names from India. India is ranked no. 4 in whole Asia Market and ranked no. 10 worldwide in Domain Name Registration. DelhiNet along with Network Solutions will also introduce a Business Account Program designed for qualified customers who apply for Web addresses in volume - such as Internet service Providers and web hosting companies. Business Account customers can qualify for continued use of Network Solutions' registration and invoice system. DelhiNet was established in April 1997, and it was the first web hosting service to introduce the concept of Websites in India. In August 1998, DelhiNet was appointed the 1st International Premier Partner of Network Solutions, the dot com people, in the country. Today DelhiNet hosts the maximum no. of Websites in the country, and is undisputedly the no. 1 Web Hosting Service in India. DelhiNet has been a pioneer in bringing in the latest technologies at the most affordable prices, in the past, and shall keep doing that in all times of come. DelhiNet introduced it's EcoWeb services targeted at the growing Reseller Market in the country, and started offering Web Space with Unlimited Domains, without any Setup Fees. Today, DelhiNet is the only Web Hosting Service in the country to have its own servers, housed in its' own NOC in the US. DelhiNet has recently launched its complete range of High-end Dedicated Servers, targeted at the Reseller Market, and the Corporate Segment. Once again, as always, the Dedicated Servers, are priced at down-to-earth Affordable Prices. At the India Internet World '99, DelhiNet is launching a whole series of Internet related products and services, and with it's volumes, leveraging this advantage to provide the Indian Customer with Prices which have never been heard of even Internationally. -- Gurpreet Singh President/CEO DelhiNet Web Services Pvt. 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