For immediate release:
29 February 2012
Top Level Domain Holdings Limited
("TLDH", the "Company" or "Group")
Minds+Machines Secures dot Bangaluru Contract
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 delighted to report that Minds + Machines, its wholly owned registry services business, has been appointed by India TL Domain Pvt Ltd ("ITLD"), with the exclusive approval of the city of Bruhat Bangaluru (Bangalore), to provide registry and consulting services for ITLD's proposed application for the generic top-level domain .BANGALURU.
Under the agreement with ITLD, Minds+Machines will joint venture with ITLD on the development and running of the dot bangaluru domain for the city of Bangalore.
The city of Bangalore has 6 million inhabitants and is known as the "Silicon Valley" of India. It currently accounts for more than 35 percent of India's software exports and it is the city's ambition that the dot city top level domain will greatly enhance the its reputation as a global centre of IT development, stimulating commerce both within and into the city.
In a letter to the Board of Directors of the Internet Corporation for Assigned Names and Numbers (ICANN), The Mayor of Bruhat Bangaluru, wrote:
"This letter is to confirm that Bruhat Bangaluru Mahanagara Palike's office fully supports the application for dot Bangaluru submitted to ICANN by India TL Domain Pvt Ltd in the new gTLDG program. As the Mayor of Bruhat Bangalore I confirm I have the authority of the Bruhat Bangaluru to be writing to you on this matter."
Peter Dengate Thrush, Chairman of TLDH, commented:
"We applaud the foresighted approach of the Mayor's office. The gTLD program provides new opportunities for the world's fast growth regions allowing cities and regions to develop their own new eco-systems on the web and we are delighted to be working with Bengaluru."
The Chairman of ITLD, Ashok Hiremath, said:
"We are delighted to be exclusively supporting Bangalore in achieving its online ambitions and to be partnering with Minds+Machines in this project."
Top Level Domain Holdings Limited
Antony Van Couvering Tel: + 1 917 406 7126
Beaumont Cornish Limited (Nomad) Tel: +44 (0) 20 7628 3396
XCAP Securities plc (Joint Broker) Tel: +44 (0) 20 3216 2661/2667
Daniel Stewart & Company plc (Joint Broker) Tel: +44 (0) 20 7776 6550
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.
For further information about India TL Domain Pvt Ltd, please visit http://www.itld.co/management
This information is provided by RNS