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EXHIBIT 1
JOINT REPORTING AGREEMENT
In consideration of the mutual covenants herein contained, each of the
parties hereto represents to and agrees with the other party as follows:
1. Such party is eligible to file a statement or statements on Schedule
13D pertaining to the Common Stock, $.01 par value, of PSINET, Inc. to which
this agreement is an exhibit, for filing of the information contained herein.
2. Such party is responsible for timely filing of such statement and any
amendments thereto and for the completeness and accuracy of the information
concerning such party contained therein, provided that no such party is
responsible for the completeness or accuracy of the information concerning any
other party making the filing, unless such party knows or has reason to believe
that such information is inaccurate.
3. Such party agrees that such statement is filed by and on behalf of
each such party and that any amendment thereto will be filed on behalf of each
such party.
This Joint Reporting Agreement may be executed in one or more
counterparts, each of which shall be deemed to be an original instrument, but
all of such counterparts together shall constitute but one agreement.
Dated: June 15, 1999 IXC INTERNET SERVICES, INC.
/s/ XXXXX X. XXXXXXX
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By: Xxxxx X. Xxxxxxx
Its: Executive Vice President
and Chief Financial Officer
IXC COMMUNICATIONS SERVICES, INC.
/s/ XXXXX X. XXXXXXX
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By: Xxxxx X. Xxxxxxx
Its: Executive Vice President
and Chief Financial Officer
IXC COMMUNICATIONS, INC.
/s/ XXXXX X. XXXXXXX
------------------------------------
By: Xxxxx X. Xxxxxxx
Its: Executive Vice President
and Chief Financial Officer
