3 May 2016 07:30
Press Release | 3 May 2016 |
CentralNic Achieves Four Million New TLD Registrations
CentralNic Group plc ("CentralNic"), (AIM: CNIC), the internet platform business which derives revenues from the global sale of domain names, is pleased to announce that it is the world's first Wholesaler ("registry backend") to achieve sales of four million domain names using new Top-Level Domains ("TLDs"), according to the domain industry statistics website ntldstats.com.
The total number of registrations represents a 33% increase since 15 February 2016, when CentralNic became the first company in the world to achieve three million new TLD registrations.
http://www.rns-pdf.londonstockexchange.com/rns/9960W_-2016-5-3.pdf
As at 0700hrs on 3 May 2016, CentralNic is ranked in the top position, with 4,005,688 domains registered using CentralNic's registry platform, representing 23.33% of all domains registered globally using new TLDs.
In addition, five of CentralNic's exclusive TLDs, .xyz, .site, .online, .website, and .space, retain their positions in the top 20 amongst 978 new TLDs launched to date, with .site moving up from the 19th most subscribed new TLD to the 7th most subscribed TLD.
CentralNic's Wholesale Division is one of its three growing and profitable business units, which benefit from very strong cashflows, recurring earnings and scalability with relatively fixed costs. Its retail Division was recently enhanced with the acquisition of Instra Group in January 2016, and its Enterprise Division is taking advantage of the increasing role of large corporations in the domain name industry.
CentralNic's CEO Ben Crawford commented:
"Our continued pre-eminence as the world's leading wholesaler or "registry backend" for new Top-Level Domains is due to several factors. Firstly, we enable our clients to access more retailers than any of our peers, including in the fast growing China market where we are the clear leader among non-Chinese distributors.
"Secondly, the quality of the domains we distribute is second to none. We have a phenomenal portfolio of premium, industry-specific "Dot Industry" TLDs as well as a new generation of generic, value priced domains such as .xyz and .website, which are rapidly increasing in uptake by both small businesses in the emerging world as well as the most successful players in the tech industry."
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For further information:
CentralNic Group plc |
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Ben Crawford (CEO) | +44 (0) 203 388 0600 |
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Zeus Capital - NOMAD and Joint Broker |
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Nick Cowles / Jamie Peel John Goold / Alex Davies | +44 (0) 161 831 1512 |
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Peel Hunt LLP - Joint Broker |
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Richard Kauffer / Euan Brown (Corporate Finance) | +44 (0) 207 418 8900 |
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Abchurch Communications |
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Jamie Hooper / Canace Wong | +44 (0) 207 398 7714 |
centralnic@abchurch-group.com
| www.abchurch-group.com |
About CentralNic
CentralNic (LSE: CNIC) is a London-based AIM-listed company which earns revenues from the worldwide sales of internet domain names over its proprietary technology platform. These domain names are sold on an annual subscription basis and paid for by customers upfront, making CentralNic a cash-generative business with annuity revenue streams.
CentralNic comprises three business lines within the domain name industry. It operates a global wholesale network, supplying domain names to over 1,500 vendors in 77 countries. CentralNic is the exclusive wholesaler for over 30 new Top-Level Domain extensions (the new alternatives to .com and .net), Including .xyz, .site,.online, .website, and .space which are ranked among the top twenty most subscribed new Top-Level Domain extensions. Almost one in four of all domains registered under new TLDs globally uses the CentralNic platform, ranking CentralNic as the leading global supplier with over four million of these domains under management.
CentralNic is also a leading global domain name retailer, with retail websites including internetbs.net, buydomains.london and domain.luxury, as well as most recently instra.com and others following its acquisition of global domain name retailer Instra Group. Additionally, via its enterprise programme, CentralNic supplies domain names (including high-value premium domain names), software and services directly to large corporations and governments.
For more information please visit: www.centralnic.com