7 Sep 2011 13:00
For immediate release:
7 September 2011
Top Level Domain Holdings Limited
("TLDH", the "Company" or "Group")
Minds+Machines Update
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 pleased to provide the following update on the business development activity of its registry services business, Minds+Machines.
Geographic gTLD applicants
The Company is pleased to announce that Minds+Machines has signed a further agreement with a customer that has been exclusively appointed by four cities to manage their individual gTLD applications. In addition, the contract allows Minds+Machines to be the exclusive registry services provider for a further two cities with whom the third party is currently negotiating.
Minds+Machines's client, ITLD, has also confirmed its continued appointment to manage the .mumbai gTLD application on behalf of the Deputy Mayor's office of Mumbai, contrary to recent media speculation.
As previously announced, Minds + Machines additionally continues to work with parties looking to secure the rights to manage the .roma, .bayern, .munich, and .nyc gTLD applications.
Generic and Brand gTLD applicants
In addition to geographic gTLD applicants, Minds + Machines is working with a range of customers on applications for generic gTLDs where the dot ending carries a specific meaning or sense. This is potentially the most competitive segment of the gTLD applicant market, and accordingly potential applicant identities are likely to remain confidential until the gTLD application window opens.
Minds + Machines has also commenced discussions with a range of brand owners and a further update will be provided in due course.
Antony Van Couvering, CEO of TLDH, commented:
"We are very pleased with how the business development activity is taking shape and have every confidence in the standing of our customers and partners in their respective markets. We look forward to keeping shareholders updated on Minds + Machines continuing development over the coming months."
Further Information:
Top Level Domain Holdings Limited
North America
Antony Van Couvering Tel: + 1 917 406 7126
Europe
David Weill Tel: +44 (0) 20 7881 0180
Beaumont Cornish Limited (Nomad) Tel +44 (0) 20 7628 3396
Roland Cornish
Michael Cornish
XCAP Securities plc (Joint Broker) Tel: +44 (0) 20 7107 7070
Jon Belliss / Karen Kelly
Daniel Stewart & Company plc (Joint Broker) Tel: +44 (0) 20 7776 6550
Nick Brown
gth media relations
Toby Hall /Christian Pickel Tel: +44 (0) 20 3103 3902/3
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