Verio Inc. - VRIO- Profile

Verio Inc. provides internet services to small and medium sized business markets. The company provides internet connectivity to make connections and transmissions over the internet. The company also provides enhanced internet services like hosting web sites, electronic commerce, and private networks. The company provides the services through 50 independent internet service providers. As at December 1999 the company served over 300,000 customer accounts, including over 80,000 hosted on the web sites. The company acquired Best Internet Communication, Inc. Wed Communication, LLC and Computer Services Group, Inc in 1999. The company became publicly held in May 1998. To date, the company has spent less than $1 million as year 2000 expenses. Enhanced services and other accounted for 53% of 1999 revenues and internet connectivity, 47%.