23 Mar 2012 07:01
For immediate release
23 March 2012
Top Level Domain Holdings Limited
("TLDH", the "Company" or "Group")
TLDH to apply for .music
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 announce that it has signed a joint venture agreement with LHL TLD Investment Partners of Beverly Hills California ("LHL") to apply for the .music top level domain under the gTLD programme being run by the Internet's governing body, Internet Corporation for Assigned Names and Numbers ("ICANN"). ICANN has formally opened the application window under which organisations can apply for the right to own and operate a new generic top level domain.
LHL consists of a number of leading music industry figures including artists, managers, music producers and lawyers. TLDH's wholly owned registry services business, Minds + Machines, will provide back-end registry services and TLDH will co-invest alongside LHL in the joint venture.
Antony Van Couvering, CEO of TLDH, said:
"We're thrilled to be working with leading music artists and professionals. This partnership brings financial weight and industry expertise to the table and confirms the value which we see in .music."
On the 21 February 2012, the Company announced that it had already applied for 40 gTLD Application Slots on behalf of itself and its clients. The Company will be applying for a further batch of Application Slots before the Application Window closes on 12 April 2012.
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
Martin Lampshire
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