TL Ventures

October 2, 2000

To: ICANN

Dear Sir/Madam:

We are writing to endorse the application for a new Internet Top Level Domain (“TLD”) being submitted by WebVision, Inc. and Group One Registry. Having knowledge of Web Vision's business model and their Private Placement Memorandum ("PPM") proposal, we believe it is a sound, well-considered proposal which would be of substantial benefit to the International Internet community and could stimulate the growth of services available on the Internet. As active and substantial investors in WebVision, Inc. we believe Web Vision, Inc. has the necessary infrastructure and experience in place to manage and deliver quality service for ongoing maintenance of the Registry support.

By the way of background, TL Ventures is a U.S.-based private equity investment firm. TL Ventures invests primarily in rapidly growing technology and internet-related companies as well as life sciences. TL Ventures presently has over US $1 Billion in capital under management and is affliated with Safegaurd Scientifics, Inc. (NYSE:SFE), a publicly-traded technology investor with a market capitalization in excess of US $2.5 billion.

In the event the WebVision, Inc. and Group One Registry application is approved by ICANN, and the new entity is granted the Registry Authority, TL Ventures will seriously consider an equity investment in this new entity which will be subject to the completion of due diligence and our Investment Committee's approval. We will be happy to work with ICANN and its representatives during the application process to help make the WebVision, Inc. and Group One Registry proposal a success and also answer any questions regarding our involvement in the Registry going forward.

Sincerely,

(Signed)

Robert Verratti
Partner