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 Bayern Connect GmbH, the German operating company in which TLDH has a majority holding, has been exclusively awarded the contract to apply for the .BAYERN gTLD string by the Bavarian State Government. Top Level Domain Holdings' wholly owned registry services company, Minds+Machines, will provide the back-end registry services for the proposed new domain. Revenue to the Company will be based on a share of the revenues generated by the domain.
Antony Van Couvering, CEO of Top Level Domain Holdings, commented:
"We view .bayern as a very significant win for Bayern Connect and for TLDH. We are fully aware of the responsibility entrusted to us and plan to fully support Bayern Connect in its mission. Germany has 82 million inhabitants, 62 million internet users [source: ITU September 2009] and 15 million domain names registered under .de [source: Denic Statistics]. By comparison, Bavaria has 12.5 million inhabitants. We foresee a long and mutually profitable relationship with Bayern Connect and the people of Bavaria through this initiative."
Top Level Domain Holdings is currently supporting a portfolio of gTLD applications ranging from geographic applications, wholly-owned or joint venture applications for generic word based domains, and applications by third party clients where Top Level Domain's registry services company, Minds+Machines, provides the registry service.
About Top Level Domain Holdings Limited
Top Level Domain Holdings 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 – Minds + Machines (LSE:MMX) is a leading owner and operator of new generic Top Level Domains ("gTLDs"), and provides registry services to a range of high-profile clients. The Group also provides domain name services to consumers through its wholly owned registrar operations in the US and Europe. Learn More
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