Unaudited Interim Results for the period ended 30 April 2011
Top Level Domain Holdings Limited (AIM: TLDH) today announces its unaudited interim resultsfor the period ended 30 April 2010 (the “Period”), as per the attached document (PDF).
The Statement by Chairman Fred Krueger is part of the announcement and is produced below:
I am pleased to present the interim report for Top Level Domain Holdings, Ltd. (the “Company”) for the six-month period ended 30 April 2011.
The Period was one of substantial further progress by the Internet Corporation for Assigned Names and Numbers (“ICANN”) towards the eventual roll out of gTLDs, which culminated after the Period in the approval by ICANN of the new gTLD program at its extraordinary meeting in Singapore on 20 June 2011. As well as overall approval of the new gTLD program, the ICANN Board also approved the following timeline:
- The window for submitting applications for new gTLDs will open on 12 January 2012 and will close on 12 April 2012.
- Those gTLDs for which applications are made together with the identity of their applicants will be published approximately two weeks after the close of the application period on April 12, 2012.
- Initial evaluations of applications by ICANN are estimated to be completed in November 2012.
During the Period the Company continued to prepare for the launch of gTLDs. After the Period, Minds + Machines, a wholly owned subsidiary of TLDH, was appointed by India TL Domain Pvt Ltd (“ITLD”), with the approval of the city of Mumbai, to provide registry and consulting services for ITLD’s proposed application for the generic top-level domain .MUMBAI. In addition, Neustar (NYSE:NSR) signed an agreement to work exclusively with the company on new geographical gTLDs, with some exceptions, and over the next six months we will be working hard with our partner Neustar to prepare applications for gTLDs on behalf of other cities and regions. We will also be using the extended period prior to the commencement of the application window to begin aggressively marketing our suite of registry solutions to potential applicants so that we can maximise our applications in Q1 2012.
