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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: January 19, 2000
NETWORK SOLUTIONS, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-22967 52-1146119
(State or other (Commission File I.R.S. Employer
Jurisdiction of Incorporation Number) Identification Number)
505 Huntmar Park Drive, Herndon, Virginia 20170
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (703) 742-0400
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ITEM 5. OTHER EVENTS.
On January 19, 2000, the Company announced that its Registrar business
added more than 5 million net new domain names in 1999, up 164 percent over the
1998 total of 1.9 million net new domain names. The Company's cumulative total
of domain name registrations at the end of 1999 is 8.1 million, In 1999, the
Company's Registry gained an additional 890,000 domain names from non-Company
registrars. As of January 28, 2000, 27 registrars including the Company's
Registrar, are operational and registering domain names in .com, .net and .org.
A copy of the Company's press release is attached hereto as Exhibit 99.1
and incorporated by reference herein.
Statements in this report and the Company's press release attached hereto
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, increased competition,
including price competition, in the domain name registration business, 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, potential volatility in the Company's stock
price, uncertainty of Internet privatization, 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, 1998, and Quarterly Reports on Form 10-Q for the periods
ended March 31, 1999, June 30, 1999, and September 30, 1999, which are on file
with the Securities and Exchange Commission (http://www.sec.gov).
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
99.1 Text of Press Release dated January 19, 2000
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
NETWORK SOLUTIONS, INC.
Date: January 31, 2000 By: /s/ Jonathan W. Emery
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Jonathan W. Emery
Senior Vice President, General
Counsel and Secretary
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NETWORK SOLUTIONS, INC.
INDEX TO EXHIBITS
Exhibit Description
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99.1 Text of Press Release dated January 19, 2000