Ready to Compete

Vancouver, BC - December 3, 1999

New Player in Domain Registration Market

DomainPeople, Inc., has been designated an operating registrar of Internet domain names by the Internet Corporation for Assigned Names and Numbers (ICANN). can now directly register Internet .com, .net and .org domains and receive registration fees that had previously been collected by Network Solutions, Inc. (NASDAQ: NSOL). According to the NSI Registry, these three generic top-level domains (gTLD) account for more than 85% of Web addresses worldwide (

"Domain registration will now provide us with an additional important revenue stream," stated Joseph Kibur, DomainPeople's Vice President of Strategic Planning. "We expect to form partnerships with Internet companies worldwide who wish to bundle domain name registration as a value-added service."

DomainPeople's business model of bulk domain registration rewards partners with discounts based on the volume and length of time that domains are registered. "We believe this model will provide us with greater revenue as it gives partners incentives for registering multiple domains and keeping their names with us," added Joseph Kibur.

According to Network Solutions, Inc. there are in excess of 6.5 million registered domains. Industry estimates indicate that over the next three to four years, the number of registered domains is expected to exceed 100 million. Until recently, Network Solutions, Inc. was the exclusive registrar of domain names under a 1992 Cooperative Agreement with the U.S. government. In 1998, the Commerce Department appointed ICANN (, a non-profit organization, to manage the domain registration system and open the industry to competition. ICANN selected DomainPeople as a domain name registrar in May 1999, making it one of the first group of companies accredited by ICANN.

About DomainPeople, Inc.

DomainPeople ( is one of the oldest ICANN-accredited domain name registrars offering all the major domain extensions — .com, .net, .org, .info, .biz, .pro, .us, .ca, .co – and many others since 1999. DomainPeople also delivers reliable and secure hosting and email solutions to customers and resellers in more than 130 countries, and has registered more than a million domain names worldwide.

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