The administration of German Internet domain addresses remains the most important responsibility of DENIC eG. This was the consensus among the representatives of the German Internet Service Providers, expressed in the general assembly on 16 July 1998, in Frankfurt.

Already in the first year after the Genossenschaft (cooperative) was founded a positive summary can be drawn: with the imminent relocation of the server computers to Frankfurt the formation of a competent service center for the administration of German domain addresses will be finalized. The staffing of the supervisory board and the board of directors also demonstrates the intentions to successfully continue business operations:

In addition to Sebastian von Bomhard (SpaceNet GmbH), who will become the supervisory board's chairman, Ulrike Jendis (ECRC Network Services) and Andreas Bäß (DPN) were confirmed in their positions. Newly elected were Michaela Merz (germany.net) and Carsten Schiefner (TCP/IP GmbH) for the board of directors, and Stephan Deutsch (UUNET Deutschland), Angela Wilson (tr@nsnet Internet Services GmbH) and Elmar Knipp (Knipp Medien und Kommunikation OHG) for the supervisory board.