Accreditation Agreement Renewed by ICANN

New York, NY – May 23, 2000 —, Inc. (Nasdaq: RCOM), one of
the leading domain name registrars on the Internet, today announced that
its Accreditation Agreement has been renewed for a five year term ending
April 26, 2005 by ICANN, the Internet Corporation for Assigned Names and
Numbers. ICANN accreditation allows registrars to register Internet domain
names with .com, .net and .org extensions.

“We are pleased to have our Accreditation Agreement renewed,” said Richard
Forman, President and CEO of “We look forward to a long and
fruitful relationship with ICANN as our company and the industry continue
to grow and change.”

About, Inc. ( provides domain name registration and
other Internet services for individuals and businesses that wish to have a
unique and branded identity on the Internet. was the first
registrar to compete in the domain registration market after the US
government deregulated the industry in 1999. In addition, the company was
selected as one of the first five “test bed” registrars accredited by
ICANN, the Internet Corporation for Assigned Names and Numbers. was ranked among the top 100 Web sites by PC magazine in July
1999 and listed as one of Fortune Magazine’s 25 Products to Watch in
November 1999. was also ranked among the Top 25 Online
Merchants by Nextcard for January, February and March of 2000. The Company
was founded in 1994 and is based in New York City. For investor
information, visit our Investor Relations web site at