TLDH Announces Unaudited Interim Report for April 2010
TLDH (AIM: TLDH) today announces its unaudited results for the six month period ended 30 April 2010 (the “Period”). A copy of the interim results for the Period report is available on the Company’s website, www.tldh.org.
The following sets out the audited results for the Company for the period ended 30 April 2010.
CHAIRMAN’S STATEMENT
The Company’s strategy is to build a portfolio of top level domains (“gTLDs”)applicants and infrastructure technologies.
The six month period ended 30 April 2010 was one of further progress by the Internet Corporation for Assigned Names and Numbers (“ICANN”) towards the eventual roll out of gTLDs.
At its March meeting in Nairobi, the ICANN Board resolved that there should be no cross-ownership between domain name registries and registrars. This prohibition prevents existing ICANN-accredited registrars from owning or operating new gTLDs, thus limiting the number of prospective applicants. TLDH was unaffected by this policy and the Board of TLDH therefore expects that TLDH will benefit from this continuing separation between registrars and registries. The ICANN Board also resolved to focus on the full introduction of gTLDs later this year. (more…)