The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCNIC.L Regulatory News (CNIC)

  • There is currently no data for CNIC

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Exclusive Rights for New Top Level Domain

27 Oct 2014 07:00

RNS Number : 3090V
CentralNic Group PLC
27 October 2014
 

 

Press Release

27 October 2014

 

CentralNic Group plc

 

("CentralNic" or "the Company" or "the Group")

 

Exclusive Global Distribution Rights for the new Top-Level Domain .DESIGN

 

CentralNic plc (AIM:CNIC), the Internet platform business which derives revenues from the global sale of domain names, today announces that its client Top Level Design LLC ("Top Level Design"), has succeeded in beating seven other companies to successfully acquire the rights to the new Top-Level Domain ("TLD") .DESIGN. CentralNic has subsequently been awarded exclusive global distribution rights to .DESIGN domain names.

 

The .DESIGN TLD will initially be made available to trademark holders in Q1 2015 and will become available to the general public for purchase in Q2 2015, serving many substantial industries including lighting design, landscape design, sound design, software design, and a myriad of curatorial and creative fields. Some of the biggest design industries are:

 

· Graphic design: a global industry composed of over 500,000 designers and 350,000 businesses (Ibis World, December 2013); a highly fragmented market, with the top 50 companies in the United States producing 15% of the total revenue for this industry

· Web design: an industry valued at $21 billion across the globe, with over 220,000 individuals and 120,000 firms in the U.S. alone (Ibis World, September 2014)

· Interior design: and industry responsible for $48 billion in specified products annually (American Society of Interior Designers, June 2012).  The United States market alone is made up of 12,000 firms and 17,000 self-employed designers, generating an estimated $9 billion of annual revenue (American Society of Interior Designers, June 2012).

 

CentralNic is the technology platform which exclusively powers .DESIGN domains and makes them available to domain retailers globally. CentralNic will share in the worldwide revenues from the subscription sales of all .DESIGN domain names.

 

Commenting on the exclusive distribution agreement with CentralNic, Ray King, CEO, of Top Level Design, said: "The broad world of design now has its own domain and we are delighted to be partnering with CentralNic in providing this vital new piece of Internet infrastructure to the large number of design firms and designers around the world. Consumers are increasingly focused on design, and it is at the origin of every successful product in today's world; we expect .DESIGN to be one of the leading success stories among the new Top-Level Domains."

 

Ben Crawford, CEO of CentralNic, added: ".DESIGN is the most hotly contested of any TLD awarded so far, and CentralNic is pleased to have been selected as the company to make it available through our global retail network. It has impressive commercial potential, and it will be adopted more quickly than many other TLDs as it caters, among many other groups, to one of the best-informed professions on new Internet developments - website designers."

 

 

-Ends-

 

 

 

For further information:

 

CentralNic Group plc

Ben Crawford (CEO)

+44 (0) 203 388 0600

Zeus Capital

Ross Andrews / Nick Cowles (Corporate Finance)

+44 (0) 161 831 1512

John Goold (Institutional Sales)

+44 (0) 207 533 7716

Abchurch Communications

Jamie Hooper / Olivia Stuart Taylor

+44 (0) 20 7398 7720

olivia.st@abchurch-group.com

www.abchurch-group.com

 

About CentralNic Group plc

CentralNic (LSE: CNIC) is a London-based AIM-listed company which earns revenues from the worldwide sales of Internet domain names over a technology platform that it developed and manages. 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, and is a leader in wholesaling for new Top-Level Domains - the new endings for domain names being introduced as alternatives to .com and .net. CentralNic is the exclusive wholesaler for all domains ending with .tickets, .website, .wiki, .bar, .feedback and .xyz, with more than 50 others under contract. CentralNic is also a leading global domain name retailer, with its retail websites including Internetbs.net, buydomains.london and domain.luxury. 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

 

About Top Level Design LLC

Top Level Design LLC is a new TLD registry and applicant, and has already launched .wiki and .ink into public availability, and remains involved in the contention resolution of four other applications. Its focus has always been in delivering naming options that convey passion and expertise to consumers and businesses. Top Level Design is based out of Portland, Oregon.

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRAUNOARSUARUUA
Date   Source Headline
1st Sep 20237:01 amRNSTransaction in Own Shares
1st Sep 20237:00 amRNSAcquisition of Adrenalads
31st Aug 20237:00 amRNSTransaction in Own Shares
30th Aug 20237:00 amRNSTransaction in Own Shares
29th Aug 20237:00 amRNSTransaction in Own Shares
25th Aug 20237:00 amRNSTransaction in Own Shares
24th Aug 20237:00 amRNSTransaction in Own Shares
23rd Aug 20237:00 amRNSTransaction in Own Shares
22nd Aug 20237:00 amRNSTransaction in Own Shares
21st Aug 20237:00 amRNSTransaction in Own Shares
18th Aug 20237:00 amRNSTransaction in Own Shares
17th Aug 20237:00 amRNSTransaction in Own Shares
16th Aug 20237:00 amRNSTransaction in Own Shares
15th Aug 20237:00 amRNSTransaction in Own Shares
14th Aug 20237:02 amRNSTransaction in Own Shares
14th Aug 20237:01 amRNSNotice of Capital Markets Day
14th Aug 20237:00 amRNSSIX MONTHS ENDED 30 JUNE 2023 FINANCIAL RESULTS
11th Aug 20237:00 amRNSTransaction in Own Shares
10th Aug 20237:00 amRNSTransaction in Own Shares
8th Aug 20237:00 amRNSTransaction in Own Shares
7th Aug 20237:00 amRNSContinued Expansion with Key Partnerships
7th Aug 20237:00 amRNSTransaction in Own Shares
4th Aug 20238:31 amRNSTransaction in Own Shares
3rd Aug 20237:00 amRNSTransaction in Own Shares
2nd Aug 20237:00 amRNSTransaction in Own Shares
1st Aug 20237:00 amRNSTransaction in Own Shares
31st Jul 20237:00 amRNSTransaction in Own Shares
27th Jul 20237:00 amRNSTransaction in Own Shares
26th Jul 20237:00 amRNSTransaction in Own Shares
25th Jul 20237:00 amRNSTransaction in Own Shares
24th Jul 20237:00 amRNSTransaction in Own Shares
24th Jul 20237:00 amRNSH1 Trading update and Notice of Results
21st Jul 20237:00 amRNSTransaction in Own Shares
20th Jul 20238:22 amRNSTransaction in Own Shares
19th Jul 20237:00 amRNSTransaction in Own Shares
18th Jul 20237:00 amRNSTransaction in Own Shares
17th Jul 20237:00 amRNSTransaction in Own Shares
14th Jul 20238:23 amRNSTransaction in Own Shares
13th Jul 20237:00 amRNSTransaction in Own Shares
12th Jul 20237:00 amRNSDirectors' Dealings
12th Jul 20237:00 amRNSTransaction in Own Shares
11th Jul 20237:00 amRNSTransaction in Own Shares
10th Jul 20237:00 amRNSDirectors’ Dealings
10th Jul 20237:00 amRNSTransaction in Own Shares
7th Jul 20237:00 amRNSTransaction in Own Shares
6th Jul 20239:50 amRNSTransaction in Own Shares
5th Jul 20237:00 amRNSTransaction in Own Shares
4th Jul 20237:00 amRNSTransaction in Own Shares
3rd Jul 202310:41 amRNSDirectors' Dealings
3rd Jul 20237:00 amRNSTransaction in Own Shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.