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gTLD Application Window Opens

12th Jan 2012 07:00

RNS Number : 4196V
Top Level Domain Holdings Ltd
12 January 2012
 



For immediate release:

12 January 2012

 

Top Level Domain Holdings Limited

("TLDH", the "Company" or "Group")

 

gTLD Application Window Opens

 

The Directors of Top Level Domain Holdings Limited (AIM:TLDH.L), the only publicly traded company focused exclusively on acquiring and operating new generic top-level domains ("gTLDs"), are delighted to announce that the Internet Corporation for Assigned Names and Numbers ("ICANN") has today formally opened the application window under which organisations can apply for the right to own and operate a new generic top level domain. The application window will remain open until 12 April 2012. Under ICANN's rules, applicants for new gTLDs must first purchase an application slot, or placeholder, for each application for US$5,000 each, which will then be deducted from the US$185,000 gTLD application fee.

 

To that end, the Directors are pleased to report that Top Level Domain Holdings will shortly be purchasing its first batch of twenty application slots for new gTLDs on behalf of itself and clients of Minds + Machines. This first tranche will include slots for client applications for geographic-based gTLDs and generic words. The Company expects to submit multiple batches for application slots during the application window.

 

Separately, the Directors are pleased to report that Minds + Machines has today been appointed as the registry services provider for DOT KIWI LIMITED, a New Zealand company that has publically stated it will apply for the ".kiwi" gTLD string. A proportion of DOT KIWI's domain revenue and profit will be donated to a trust established to help fund the reconstruction of the earthquake devastated city of Christchurch, New Zealand. Dot Kiwi joins other geographical, brand, and entrepreneurial clients from Africa, Asia, Europe, and North America that have chosen Minds + Machines, but who wish to keep their plans confidential.

 

Peter Dengate Thrush, Chairman of TLDH, commented:

"This is a historic day in the Internet's evolution. It marks a new beginning for the domain name system, after a six-year process in which ICANN has successfully gained global consensus for the new gTLD programme through its multi-stakeholder model. We applaud the ICANN Board for having the strength to see this initiative across the line. We now look forward to playing our part in creating a vibrant new wave of innovation, consumer choice and wealth creation on the Internet as a result of the gTLD programme."

 

Further Information:

 

Top Level Domain Holdings Limited

North America

Antony Van Couvering Tel: + 1 917 406 7126

 

Beaumont Cornish Limited (Nomad) Tel +44 (0) 20 7628 3396

Roland Cornish

Michael Cornish

 

XCAP Securities plc (Joint Broker) Tel: +44 (0) 20 3216 2661/2667

Karen Kelly

Halimah Hussain

 

Daniel Stewart & Company plc (Joint Broker)  Tel: +44 (0) 20 7776 6550

Nick Brown

 

gth media relations

Toby Hall /Suzanne Johnson Walsh Tel: +44 (0) 20 3103 3903/2

 

Or visit the group's website at www.tldh.org

 

About Top Level Domain Holdings Limited

Top Level Domain Holding is a publicly traded holding company listed on the London AIM market. The company is focused on the new top-level domain space. Top-level domains, such as .com, run by VeriSign (NASDAQ: VRSN), and .biz, run by NeuStar (NYSE: NSR), are regulated by ICANN. ICANN has announced plans to expand the number of top-level domains. TLDH intends to make targeted investments in this space, focusing on both infrastructure technologies and specific top-level domains.

 

About Minds + Machines, http://mindsandmachines.com

Minds + Machines is a registry services provider that works internationally with commercial organisations, cities, not-for-profits and entrepreneurs to secure and operate new web domains, known as top-level domains (TLDs). Minds + Machines is a wholly owned subsidiary of Top Level Domains Holdings, Ltd.

 

ENDS

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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