CentralNic Group PLC New contract to support 14 Top-Level Domains

TIDMCNIC

CentralNic Group PLC

19 October 2017

 
 Press Release   19 October 2017 
 

CentralNic Group plc

("CentralNic" or "the Company" or "the Group")

CentralNic Plc secures contract to support 14 new Top-Level Domains

CentralNic Group plc (AIM:CNIC), the internet platform that derives revenue from the worldwide sales of internet domain names, has agreed with Germany's KSregistry GmbH (or "KSregistry") for CentralNic's wholesale division to provide its market leading services for 14 Top-Level Domain ("TLD") extensions currently managed by Open Registry, which KSregistry acquired from Group NCC in 2017. The deal will benefit CentralNic with additional recurring revenues from Government and enterprise clients.

Under the terms of the deal with KSregistry, CentralNic will increase the number of new Top-Level Domains for which it is the Registry management platform to 65, with TLD clients spread across four continents.

Ben Crawford, CEO at CentralNic said "I am delighted to agree this deal with KSregistry, whose owners are among Europe's most successful experts in the domain name industry."

"CentralNic's registry platform is the most advanced and feature rich in the world. Coupled with KSregistry's unmatched management and customer service means that we can provide current and future TLD registry clients with the very best technology, experience and support at competitive pricing," said Alexander Siffrin, CEO at KSregistry.

CentralNic's wholesale division is already the global leader, as it is the only company to support six out of the top twenty new Top-Level Domains, including .xyz, the domain chosen for new ventures by Google (abc.xyz), Deloitte (exponentials.xyz) and Massachusetts Institute of Technology (engine.xyz) among many others. CentralNic is also a leader in TLD services for governments and enterprise, managing multiple country-code and geographic TLDs as well as the TLDs of Global 1000 companies such as Saudi Telecom, Etisalat, and Kuwait Finance House.

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For further information:

 
 CentralNic Group Plc 
 Ben Crawford (CEO) 
  Don Baladasan, Chief Financial 
  Officer                             [phone] 
 
 Zeus Capital Limited - NOMAD 
  and Joint Broker 
 Nick Cowles / Jamie Peel 
  Corporate Finance 
 
  John Goold / Alex Davies 
  /Rupert Woolfenden                  [phone] 
  Institutional Sales                 [phone] 
 
 Peel Hunt LLP - Joint Broker 
 Edward Knight / Nick Prowting 
  (Corporate) 
  Alastair Rae (Syndications)         [phone] 
 Abchurch Communications 
  Corporate & Financial PR 
  Advisers to CentralNic 
 Julian Bosdet                        [phone] 
  Dylan Mark                          [phone] 
  Alejandra Campuzano                 [phone] 
 [e-mail]      www.abchurch-group.com 
 

About CentralNic Group plc

CentralNic (AIM: CNIC) is a London-based AIM-listed company which develops and manages software platforms allowing businesses globally to use the internet for their own websites and email, as well as protecting their brands online. Its core growth strategy is identifying and acquiring cash-generative businesses with annuity revenue streams and exposure to emerging markets, and migrating them onto the CentralNic software and operating platforms.

CentralNic operates globally with customers in over 200 countries. It earns revenues from the worldwide sales of internet domain names and hosting on an annual subscription basis.

For more information please visit: www.centralnic.com

About KSregistry GmbH

KSregistry is a subsidiary of Key-Systems GmbH, which in the past 19 years has evolved from an academic sideline to a global player of the internet and domain industry. Key-Systems' core business is the registration of internet addresses - managing more than 5 million domains on behalf of its customers.

Besides domain registrations, Key-Systems' three differently targeted business divisions and the two wholly owned subsidiaries offer comprehensive additional IT services. These include a high-performance and state-of-the-art reseller platform, the operation of domain registries, colocation, virtual servers, web-hosting, SSL certificates and brand protection on the internet.

Key-Systems serves customers all over the world, among them are private clients, mid-sized businesses, resellers and well-known domain investors as well as large international organizations and corporations. With diversified offerings, a highly available and fully automated Metaregistry, trusted technique, and an experienced team of more than 90 domain experts, Key-Systems expanded its customer base to more than 100,000 retail/corporate customers and over 2,300 resellers worldwide.

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This information is provided by RNS

The company news service from the London Stock Exchange

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October 19, 2017 04:15 ET (08:15 GMT)