April 12, 2007; 03:20 AM
Dot VN, Inc., a Delaware corporation ("Dot VN" or the "Company")
(www.DotVN.com), (Pink Sheets:DTVI - News), an Internet and
Telecommunications Company and the authorized global domain name
registrar (www.VN) for the Country of Vietnam, announced today that
the total number of .VN domain names registered online by Dot VN
increased 143% for the first quarter of 2007 as compared to 2006. Also during this period, based on Vietnam Internet Network
Information Center's ("VNNIC"), (www.VNNIC.net.VN) statistics, Vietnam
Internet users grew from about 12.2 million to over 15.1 million
(increased of 24%), resulting in penetration of 18% of the population.
These dramatic increases in .VN domain registrations and Internet user
population are mainly due to Vietnam joining the World Trade
Organization (WTO) on January 11, 2007, increased foreign direct
investment over $2.5 billion and real estate development expansion in
Vietnam. In other news, Dot VN has engaged with 2 new international domain
resellers to register and promote .VN domain names worldwide. The new
resellers, TSM International (www.TSMIntl.com) and Creartive.com
(www.Creartive.com.tw) are expected to expand global sales of .VN
domains. In addition to driving online registration growth through
agreements with worldwide resellers, Dot VN has established reseller
agreements with Vietnamese government enterprises and international
ISP's (Internet Service Providers), a complete list of which may be
viewed at https://www.dot.vn/vnnic/vnnic/reseller-logos.jsp Currently, VNNIC manages over thirty eight thousand (38,000)
domain names under registry. Dot VN reports a retention rate of over
ninety five percent (95%) for domain names renewed by the registrants.
Presently, Dot VN has over fifty (50) resellers outside of Vietnam and
a total of over seventy (70) worldwide. Thomas M. Johnson, Chairman and CEO said, "Our .VN online domain
registrations and sales continue to grow very rapidly as more
Vietnamese businesses are becoming aware of the value and importance
of having their .VN domain names registered and protected.
Furthermore, as the Vietnamese economy expands, our international
resellers have continued to register and renew multiple .VN domains
for their clients through our registration engine."
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