Excerpt from Network Solutions statement today on the ICANN board vote
Network Solutions Endorses ICANN Board Vote
Agreement Affirms Stable and Secure Management for Internet's Key
Infrastructure
LOS ANGELES, November 4, 1999 - Network Solutions, Inc. (NASDAQ: NSOL) today
acknowledged the Internet Corporation for Assigned Names and Numbers (ICANN)
board vote approving and affirming the September 28, 1999 agreements among
Network Solutions (NSI), the U.S. Department of Commerce and ICANN following
a 30-day comment period and open public sessions held here.
"We are pleased with the ICANN board vote that we believe is in the best
interests of the Internet community, Network Solutions, the U.S. Government
and ICANN," said Michael A. Daniels, Network Solutions' chairman. "Through
negotiations leading to these agreements we have set the foundation for
ICANN as a standards-setting body that will have a significant role in
coordination of key infrastructure issues and that will ensure the future
growth of global e-commerce. We look forward to working with ICANN and the
Internet community as NSI takes a leadership role in shaping the continued
coordination and management of these key issues."
The agreements were posted for a 30-day public comment period on the ICANN
Web site at http://www.icann.org prior to the ICANN board's final approval
today.
"These historic agreements are both a beginning and an end. They
bring an end to the uncertainty that has surrounded the policies of the
critical components of the Net's infrastructure, and they also are the green
light for a whole host of new competitors, services and products in the
Internet identity marketplace," said Jim Rutt, Network Solutions' CEO. "We
are confident that our position will enable us to grow the company's core
business while at the same time to offer an increasing variety of
value-added services through our Registrar and new services from our
Registry business."
The agreements consist of: (1) a Registry Agreement between ICANN and NSI;
(2) a Registrar Accreditation Agreement between ICANN and all registrars in
.com, .net, and .org; (3) a post-testbed Registrar License and Agreement
between NSI as registry and registrar; (4) an amendment to the Cooperative
Agreement between the Department of Commerce and NSI; and (5) an amendment
to the Memorandum of Understanding between the Department of Commerce and
ICANN.
Among the key provisions set forth in the agreements are:
* NSI will recognize ICANN and agree to operate the .com, .net and
.org registries in accordance with the Registry Agreement between ICANN and
NSI and future consensus policies adopted by ICANN
* NSI agrees to become an ICANN accredited registrar for the .com,
.net and .org domains. The ICANN accreditation agreement has been revised to
include improvements suggested by registrars during the testbed phase
* NSI has agreed to participate in the funding of ICANN through
registry and registrar fees, provided that they are equitably apportioned
* All accredited registrars (including NSI) will provide continued
methods for public access to "Whois" data
* The InterNIC Web site will be maintained as a public information
site with a directory of links to accredited registrars
More at http://www.networksolutions.com under About Us, Internet Policy
