By Derek Iwasiuk
April 27, 2006
VANCOUVER, Wash. - Jim Croce's famous song "I got A Name" may one day need to be changed to "I got A Domain" if current Internet growth rates remain the same. Today there are over 70 million registered Internet domain names across the globe, according to Dotster, Inc., a leading provider of Internet domain name and hosting services.
"While more and more businesses are taking advantage of the innovation
and power offered by the Internet by registering domains, an equal number
of individual users are registering for domain names as well. In fact, with
the Internet becoming such a ubiquitous part of everyday life and commerce,
one can imagine a day when every individual and every corporation will have
a domain name just as they do a social security number or corporate tax
ID," says Kevin Kilroy, Chairman, Dotster, Inc.
Domain name registry is on the rise as a result of the growing online
community and more comprehensive domain name registry and online services marketed and offered by companies such as Dotster.com. According to the most recent Verisign reports, 8.5 million new domains registered were
registered in the 3rd quarter of 2005, a 33% increase from 3rd quarter 2004
and a 94% increase from 3rd quarter 2003. Internet use worldwide reached
the landmark number of 1 billion users in the 3rd quarter of 2005.
"While some may have the perception that all the good domain names are
gone, the reality is that what we are seeing today is only the frost on the
tip of the iceberg," says Kilroy. "It's still very much a buyer's market as
far as online real estate goes. Years from now, those who have purchased
and registered domain names today - whether for business or personal use --
will look back at this time period as a golden opportunity to acquire the
domain name of their choice and put their e-stake in the ground."
Kilroy notes that "Part of the growth in domain names is being fueled
by small businesses such as an independent local grocer or dry cleaner
that, by effectively establishing a presence on the Internet today, are
building a foundation for their future while expanding their business reach
and competing as never before. Companies like Dotster, who provide the full
spectrum of domain name and web hosting services, enable small businesses
to establish a powerful site quickly and more affordably than ever." About
With nearly three million Internet domains, Dotster, Inc. is one of the
largest Internet Corporations for Assigned Names and Numbers (ICANN)
accredited domain name registrars in the world. ICANN, now performing the
functions of previously U.S. government contracted entities, is responsible
for Internet Protocol (IP) address space allocation, protocol identifier
assignment, generic (gTLD) and country code (ccTLD) Top-Level Domain name system management, and root server system management functions.
Launched in 2000, Dotster was among the first to offer long-term
registrations and discounted pricing. Dotster offers superior online
account management tools and dedicated support from its customer care team. The company's services include web hosting, DNS management, website development and marketing services, and partner programs.