INTERNET NAMES WORLDWIDE SIGNS EXCLUSIVE DOMAIN REGISTRATION DEAL WITH NAMEZERO.COM

Partnership With Market Leaders Such as Namezero.com is the Key to Domain Registrar's Worldwide Expansion

MELBOURNE, Australia--(BUSINESS WIRE)--May 19, 2000-- Internet Names WorldWide (INWW), a division of Melbourne IT (ASX:MLB), today announced an exclusive agreement to supply .com, .net and .org domain names in bulk to Namezero.com, a leading provider of free personal and business domain names, and domain name based Web services.

The agreement with Namezero.com allows INWW to tap into the enormous growth potential of the personal and business domain name market. Namezero has registered over 300,000 members in the past few months and its target for domain name registrations is nearly 3 million over the next 12 months. This would make Namezero.com one of the, if not the largest domain name customers in the world.

"This is very exciting and groundbreaking in the domain name marketplace,'' said Clive Flory, general manager, INWW. "The domain name market is exploding and personal domain names are leading the way. INWW is very pleased to take the lead position in this global market through its relationship with Namezero.com.''

In addition to providing free personal and business domain names, Namezero.com also offers free domain hosting, domain based email and the patent pending Namezero Passport service, which allows members to create and combine all of their favorite web pages, content, features and business services in a single platform, anchored by the domain name and accessible anytime, anywhere from any computer with Internet access.

An example of a personal domain name is johnsmith.com, where John could use the domain name for his own web site, and receive all of his e-mail at mail@johnsmith.com. The popularity of a domain name is global with variations such as first names, a family name, pet names and nicknames available for registration.

"We chose INWW because they have scalable registration infrastructure capable of handling the hundred of thousands of domain names we register every month,'' said Frank Stanbach, co-founder and CTO of Namezero.com. "We have already put incredible demands on their organization, and they have proven to be solid partners. We made an excellent choice!''

Clive Flory said: "This is another great tribute to the INWW development team who have built a world class, scalable and robust domain registration system. Clive Flory added: ''This is why INWW continues to be the number one partnership choice among the largest volume players in the domain name industry."

About INWW

Internet Names WorldWide is a division of Melbourne IT Ltd., an Australian company that supplies key products and services such as domain names and eCommerce solutions to the global market. On December 14, 1999 Melbourne IT's shares were listed on the Australian Stock Exchange, trading as MLB. Internet Names Worldwide supplies a variety of ccTLD addresses and gTLD domain names (.com, .net, .org) to customers worldwide. The company offers secure, scaleable and robust registration services and 24 x 7 customer service

About Namezero.com

Namezero.com is a private, pre-IPO Silicon Valley company that is changing the way people and businesses experience the Internet. Namezero.com provides a free .com domain name, domain name POP and Web e-mail (you@yourdomain.com), domain hosting, and patent pending Namezero technology that enables a Web experience unlike any other. Imagine a single platform on the Internet - at your .com domain name - where you can create and combine all of your favorite Web pages, content, features and services that you can access and share with your friends, family, customers or the world anytime, anywhere from any computer with Internet access. Namezero is backed by leading venture capital firms WaldenVC, Whitman Capital, and Arcadian Venture Partners. For more information, please visit www.namezero.com.

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