EARTHLINK NETWORK TO TAP PSINET BACKBONE FOR 28.8 AND 1SDN CUSTOMER ACCESS

HERNDON, Va., and PASADENA, Calif., July 23 /PRNewswire/ -- EarthLink Network, Inc. and PSINet, Inc. (Nasdaq: PSIX) today announced a major agreement for EarthLink to utilize PSINet's network infrastructure for delivering Internet access to its customers. The agreement includes both 28.8k and ISDN dial-up services.

Under the terms of the deal, EarthLink customers will have access to the Internet through facilities provided by PSINet in more than 237 locations in the U.S. and Canada. EarthLink already delivers Internet access to more than 120,000 customers in North America.

"At EarthLink, we are committed to providing an excellent Internet experience for our customers," said Sky Dayton, EarthLink's founder and chairman. "Early on, we recognized the value of partnering with industry leaders. Our new partnership with PSINet gives our customers access to one of the best Internet networks in the world, and augments our existing infrastructure."

EarthLink's Internet customers will not notice any change in their service with this new announcement, but EarthLink will be able to better ensure quality of service by providing access in each city according to the best available network.

"This announcement is part of our new strategy to focus directly on building and maintaining the best high-performance, reliable Internet network for businesses and large wholesale customers," said William L. Schrader, PSINet's chairman and CEO. "EarthLink understands how to attract and satisfy the consumer Internet user, and they have maintained their leadership in customer care during their enormous growth. They make an ideal partner for PSINet's strategy."

The agreement includes a provision for PSINet to send new sales leads it receives for consumer dial-up Internet access directly to EarthLink. The financial terms of the agreement were not disclosed.

EarthLink Network provides reliable, easy-to-use Internet access services.

PSINet is a leading provider of Internet access, services and products to both organizations and individuals throughout the U.S. and abroad. The Company's PSINet network offers access to the Internet from more than 350 points-of-presence (POPs) worldwide, including Holland, Japan, Canada, South Korea and the U.K. Internet access options range from high-speed modem dial-up and ISDN for telecommuters and small office LANs to dedicated high-speed circuits for corporate connectivity. Network Computing Magazine recently named PSINet a winner of its Well-Connected Award as "Best Internet Access Provider."

The Company has its headquarters in Herndon, VA., with sales and service offices across the U.S.; Cambridge, England; Toronto; and Tokyo. Further product and pricing information can be obtained by calling 703-904-4100, through PSINet's Web site at http://www.psi.net; or by sending an e-mail request to info@psi.com.

* All brands, product and service names mentioned are trademarks or registered trademarks of their respective owners.

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/CONTACT: Brian Muys, Manager, Corp. Communications of PSINet, 703-904-4285, muysb@psi.com, or Vikki Holmes of EarthLink, 818-296-2467, vh@earthlink.net/

(PSIX)

CO: PSINet Inc.; EarthLink Network, Inc. ST: Virginia IN: CPR SU: PDT

ER-JA -- DCTU004 -- 2964 07/23/96 09:10 EDT