<PAGE>
Exhibit (a)(1)(P)
FOR IMMEDIATE RELEASE
CONTACTS:
MEDIA: Al Bellenchia at (212) 453-2256 or Matt Della Croce at (212)
453-2316
INVESTORS: Morrow and Co., Inc. at (800) 566-9061
NTT COMMUNICATIONS EXTENDS VERIO TENDER OFFER
TOKYO, August 22, 2000 - NTT Communications Corporation today announced that the
expiration date of its tender offer for all outstanding shares of common stock,
par value $.001 per share, all outstanding shares of Series A 6.75% Convertible
Preferred Stock, par value $.001 per share, and certain warrants to purchase
shares of common stock of Verio Inc. (NASDAQ: VRIO) has been extended until
12:00 midnight, New York City time, on Wednesday, August 30, 2000. The tender
offer had been scheduled to expire at 12:00 midnight, New York City time, on
Monday, August 21, 2000.
As previously disclosed, NTT Communications and Verio have been advised by the
Committee on Foreign Investment in the United States (CFIUS) that, following
completion of its investigation of the proposed transaction under the Exon-
Florio Amendment to the Defense Production Act of 1950, the constituent members
of CFIUS had each voted to recommend to the President of the United States that
he take no action to suspend or prohibit the proposed transaction. By law, the
President of the United States must act on this recommendation by August 29,
2000.
NTT Communications has been advised by Wells Fargo Shareowner Services (formerly
Norwest Bank Minnesota, N.A.), the Depositary for the tender offer, that as of
August 21, 2000, approximately 65.81 million shares of Verio Inc. common stock,
approximately 6.89 million shares of Verio Inc. preferred stock and
approximately 1.21 million warrants to purchase shares of Verio Inc. common
stock had been validly tendered and not withdrawn pursuant to the offer.
NTT Communications, a subsidiary of Nippon Telegraph and Telephone Corporation,
provides long distance international telecommunications reaching over 200
countries worldwide. Headquartered in Tokyo, NTT Communications' Arcstar
services operate in about 50 countries and have significant presence in Asia
Pacific, North America and Europe. Arcstar global services provide managed data,
multimedia and Internet services to some of the largest companies in the world.
NTT Communications' investment in its Managed Services, IP Infrastructure and
Internet Portal will meet the growing demand for electronic commerce-based
services from its business customers and home users. NTT Communications, with
the OCN brand, is already one of the largest ISPs in Japan. For more
information about NTT Communications, visit the company's Web site at
www.ntt.com/index-e.html.
