Iperdome Prepares for Internet IPO

[Jay@Iperdome.com]

FYI,

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FOR IMMEDIATE RELEASE	          HIGH TECH/BUSINESS

Iperdome Prepares for Internet IPO, Follows Network Solution's Lead

Atlanta -- July 29, 1997.  Iperdome, Inc. (http://www.iperdome.com), a new
company formed specifically to offer Personal Domain Names under the ".per"
Top Level Domain (TLD), today announced that it has decided to
"test-the-waters" for an upcoming Internet IPO.  This follows recent
announcements by two other industry competitors, each of which are offering
different ways for investors to participate in the new registry industry.

Network Solutions, Inc. (NSI) recently filed for a 35 million dollar IPO,
representing a yet-to-be determined percentage of class A stock (reduced
voting rights).  Shortly thereafter, the iPOC committee started accepting
$10,000 non-refundable application fees for registry franchises.  

Both organizations, however, face a tremendous amount of uncertainty in
their offerings.  NSI is currently involved in a Justice Department
investigation with regard to potential Sherman anti-trust violations as
alleged in a pending lawsuit filed by PG Media, Inc.  And the iPOC,
concerned that they may fail to gain entry in the U.S. Government funded
roots, have shielded themselves from potential lawsuits by incorporating a
no-refund provision into their application process, and by requiring all
applicants to indemnify the organization for any liabilities incurred.

"All three of these offerings (NSI, iPOC, Iperdome) face similar
uncertainties with regard to the future status of their TLDs in the U.S.
Government funded roots" said Jay Fenello, Iperdome President.  "We feel
that Iperdome is well positioned to offer investors a better way to
participate in this process." 

Iperdome's proposed offering, also known as a Direct Public Offering, is
being made under a Regulation D, Rule 504 exemption as allowed under the
SEC, and will be filed under a SCOR Form U7 as allowed in over 45 states.  

Iperdome has been active in the new registry industry, and has recently
aligned with companies like Network Solutions, Inc. and PSINet, Inc. to
oppose the IAHC proposal.  Iperdome strongly supports open discussions about
Internet governance, and is a leading supporter of free-market based
solutions for the Internet.  Jay Fenello will be one of the featured speaker
at Wednesday's CDT/ITAA/ISA DNS Conference (http://www.itaa.org/dnsconf.htm).


(Iperdome is only "testing-the-waters" as allowed under federal and state
securities laws.  This press release shall not constitute an offer to sell
or the solicitation of an offer to buy nor shall there be any sale of these
securities in any state in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of
any such state.)

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Regards,

Jay Fenello
President, Iperdome, Inc.  
404-250-3242  http://www.iperdome.com