Minds + Machines Share Discussion Threads

[hjb1] 13/8/2016 10:31

very interesting piece!

[ftangftang] 10/8/2016 08:09

significant trading volume and some movement for the share price
looks interesting

cheers
ft ft

[treble in 1999] 09/8/2016 16:46

whose just bought that lot. 9 million shares

[waldron] 05/8/2016 09:31

COURTESY OF


ftangftang
4 Aug'16 - 07:48 - 2917 of 2917 0 0

Minds + Machines' pure-play appeal yet to fully register
Share
14:09 02 Aug 2016
Now only walking one side of the Internet domain street and not competing with some of its customers, Minds + Machines is in a high growth business with some top-flight assets to its name
MMX controls top level domains, the bit of a web address after the final dot, such as .com or .org
INVESTMENT
OVERVIEW: MMX
THE BIG
PICTURE
It took just five days for the company to recoup what it paid to acquire the rights to the .vip domain
It has been an eventful year for the internet domain name specialist Minds + Machines Group Ltd (LON:MMX), which changed management and direction earlier this year.

Co-founder and chief executive Antony Van Couvering was voted off the board in February, to be replaced in April by Toby Hall, who had been the company’s chief marketing officer and an adviser to the company since its inception in 2009.

The change came about because the board felt that a fresh approach was required to fully exploit the revenue potential of its leading portfolios of top level domains – otherwise known as TLDs, the part of an internet address after the final dot.

Those TLDs include .beer, .boston, .casa, .cooking, .fashion, .fishing, .fit, .garden, .horse, .law, .miami, .vip, .vodka, .wedding and .work, plus it is also in partnership with the owners of .basketball, .country, .london and .rugby.

Ownership of those TLDs was achieved by winning auctions, and the company is still in the running for a number of other TLDs yet to be assigned by ICANN, the industry body that coordinates the internet’s naming system, but it is fair to say the focus has largely moved on to making money out of the TLDs it already controls.

In April, the new management set its stamp on the business by striking two transformational outsourcing deals for its top level domain business, which will significantly reduce costs.

The firm inked an agreement with Nominet, which operates .uk and currently has over 10.7mln domains registered on its platform, to take over the management and running of up to 28 top level domains within Minds + Machines’ portfolio.

It also made a deal with Uniregistrar Corp to take over its loss-making consumer-facing www.mindsandmachines.com branded registrar operation.

This cheered the market and also journalists, who would not have to go through the business of explaining the difference between a registrar – a company (e.g. GoDaddy) that sells domain names to the public – and a registry, which is an organisation that maintains a database of TLD names on behalf of registrars.

The move left Minds + Machines (usually referred to as MMX) as a pure-play registry group with dramatically reduced overheads, operating in a high-growth business.

How high?

The new generic TLD (gTLD) market grew globally in 2015 from 3.71mln registered domains at the beginning of the year to 11.2mln, with the growth being fuelled by significant growth in the second half of the year in China.

Not all gTLDs are created equal, but Minds + Machines is very happy with the ones it has bagged. For instance, the launch of .vip saw 203,720 registrations within five days of the launch on 17 May, putting it in the top 20 of new gTLDs; it subsequently moved into the top 10 in June, with a big take-up in China.

The company has set its sights on becoming the TLD supplier of choice in Asia.

“It has taken us just five days to effectively recoup the US$3.1mln that we spent to acquire this top level domain,” CEO Toby Hall told Proactive Investors.

Usually, companies use discounts or incentives to drive registration numbers, but Hall added that, “what makes this launch stand out is we absolutely haven’t used aggressive price discounting to generate this first surge of registrations”.

The eschewing of “try before you buy” promotions, or use of the so-called “freemium̶1; model to promote use of the .vip TLD bodes well for renewal rates and the long-term reputation of the domain, according to Hall.

Broker N+1 Singer said: “This launch establishes the group well in the Asia Pac market (over 80% of the registrations were accounted for by China) and provides an excellent template for its other TLDs.”

High growth but lower costs

The group recently reported that billings in the first half of 2016 soared to US$8.05mln from US$2mln in the corresponding period of 2015.

Domains under management grew by a staggering 236% to 728,940, as at the end of June, from 217,200 a year earlier.

While the top line has been growing like billy-o, the new management has been pressing ahead with its the cost-cutting and restructuring programme.

“MMX is now a pure-play registry business and is significantly reducing its cost base; the outstanding result for .vip show how it can achieve outstanding results under the new strategy,” N+1 Singer said back in May, as it said the scope for further value creation is significant.

The shares are currently trading at just over 10p. N+1 Singer said a simplified discounted cash flow model implies a fair value price of anywhere between 11p and 32p “depending on flexed assumptions”.

cheers
ft ft

[ftangftang] 04/8/2016 07:48

Minds + Machines' pure-play appeal yet to fully register
Share
14:09 02 Aug 2016
Now only walking one side of the Internet domain street and not competing with some of its customers, Minds + Machines is in a high growth business with some top-flight assets to its name
MMX controls top level domains, the bit of a web address after the final dot, such as .com or .org
INVESTMENT
OVERVIEW: MMX
THE BIG
PICTURE
It took just five days for the company to recoup what it paid to acquire the rights to the .vip domain
It has been an eventful year for the internet domain name specialist Minds + Machines Group Ltd (LON:MMX), which changed management and direction earlier this year.

Co-founder and chief executive Antony Van Couvering was voted off the board in February, to be replaced in April by Toby Hall, who had been the company’s chief marketing officer and an adviser to the company since its inception in 2009.

The change came about because the board felt that a fresh approach was required to fully exploit the revenue potential of its leading portfolios of top level domains – otherwise known as TLDs, the part of an internet address after the final dot.

Those TLDs include .beer, .boston, .casa, .cooking, .fashion, .fishing, .fit, .garden, .horse, .law, .miami, .vip, .vodka, .wedding and .work, plus it is also in partnership with the owners of .basketball, .country, .london and .rugby.

Ownership of those TLDs was achieved by winning auctions, and the company is still in the running for a number of other TLDs yet to be assigned by ICANN, the industry body that coordinates the internet’s naming system, but it is fair to say the focus has largely moved on to making money out of the TLDs it already controls.

In April, the new management set its stamp on the business by striking two transformational outsourcing deals for its top level domain business, which will significantly reduce costs.

The firm inked an agreement with Nominet, which operates .uk and currently has over 10.7mln domains registered on its platform, to take over the management and running of up to 28 top level domains within Minds + Machines’ portfolio.

It also made a deal with Uniregistrar Corp to take over its loss-making consumer-facing www.mindsandmachines.com branded registrar operation.

This cheered the market and also journalists, who would not have to go through the business of explaining the difference between a registrar – a company (e.g. GoDaddy) that sells domain names to the public – and a registry, which is an organisation that maintains a database of TLD names on behalf of registrars.

The move left Minds + Machines (usually referred to as MMX) as a pure-play registry group with dramatically reduced overheads, operating in a high-growth business.

How high?

The new generic TLD (gTLD) market grew globally in 2015 from 3.71mln registered domains at the beginning of the year to 11.2mln, with the growth being fuelled by significant growth in the second half of the year in China.

Not all gTLDs are created equal, but Minds + Machines is very happy with the ones it has bagged. For instance, the launch of .vip saw 203,720 registrations within five days of the launch on 17 May, putting it in the top 20 of new gTLDs; it subsequently moved into the top 10 in June, with a big take-up in China.

The company has set its sights on becoming the TLD supplier of choice in Asia.

“It has taken us just five days to effectively recoup the US$3.1mln that we spent to acquire this top level domain,” CEO Toby Hall told Proactive Investors.

Usually, companies use discounts or incentives to drive registration numbers, but Hall added that, “what makes this launch stand out is we absolutely haven’t used aggressive price discounting to generate this first surge of registrations”.

The eschewing of “try before you buy” promotions, or use of the so-called “freemium̶1; model to promote use of the .vip TLD bodes well for renewal rates and the long-term reputation of the domain, according to Hall.

Broker N+1 Singer said: “This launch establishes the group well in the Asia Pac market (over 80% of the registrations were accounted for by China) and provides an excellent template for its other TLDs.”

High growth but lower costs

The group recently reported that billings in the first half of 2016 soared to US$8.05mln from US$2mln in the corresponding period of 2015.

Domains under management grew by a staggering 236% to 728,940, as at the end of June, from 217,200 a year earlier.

While the top line has been growing like billy-o, the new management has been pressing ahead with its the cost-cutting and restructuring programme.

“MMX is now a pure-play registry business and is significantly reducing its cost base; the outstanding result for .vip show how it can achieve outstanding results under the new strategy,” N+1 Singer said back in May, as it said the scope for further value creation is significant.

The shares are currently trading at just over 10p. N+1 Singer said a simplified discounted cash flow model implies a fair value price of anywhere between 11p and 32p “depending on flexed assumptions”.

cheers
ft ft

[the grumpy old men] 31/7/2016 21:45

Rachel Lerman

Rightside rejects $70M bid for its registry of internet domains
Originally published July 5, 2016 at 2:14 pm

The Kirkland-based domain services company has rejected a $70 million bid from Bellevue-based Donuts to buy its registry of top-level domains.
Share story

A Kirkland-based domain services company has rejected a $70 million bid from a Bellevue company to buy its registry of top-level domains.

Rightside, a Kirkland company that went public in 2014 when it spun out from its parent company Demand Media, said Tuesday that a $70 million bid from Donuts “undervalued” its assets and “would not be in the best interest of Rightside shareholders.”

Rightside owns top-level domain names such as .reviews, .social and .gives. It then sells those domains to online stores which sell them to individuals and companies seeking unique website names.

Privately held Donuts operates a similar business and was a big winner when the Internet Corporation for Assigned Names and Numbers announced it would release top-level domains that differ from the standard .com, .org and .gov.

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Donuts publicly announced its bid for Rightside’s business last week, and Rightside gave a noncommittal response to the offer.

On Tuesday, the Kirkland company’s tone changed after board members met to discuss the potential deal.

“RightsideR17;s Registry business is core to the Company’s strategy and provides the best opportunity to deliver long-term shareholder value,” Rightside CEO Taryn Naidu said in a statement. “After thoughtful evaluation, Rightside’s Board has determined that Donuts’ proposal significantly undervalues Rightside’s Registry assets.”

Rightside has projected that it will make between $50 million and $75 million from its registry business in the next three to five years.
Rachel Lerman: [e-mail]; on Twitter @rachelerman.

[the grumpy old men] 31/7/2016 17:20

Electric Vehicles Won’t Kill Off Oil Demand Anytime Soon
By Robert Rapier - Jul 29, 2016, 5:32 PM CDT EV interior

Before you start furiously typing out a retort, hear me out. First, I want to make it clear what I am not skeptical about. I am not skeptical about electric vehicles (EVs) continuing to grow rapidly for the foreseeable future. Indeed, I believe that will happen — although growth has slowed in the U.S. in recent years.

I am also not skeptical over the fact that EVs make sense for many people. Indeed, I would buy one myself if I could justify it economically. I have only put about 5,000 miles on my car in the past 2 years, so it’s hard to justify any sort of premium that could be paid off by fuel savings.

I am also not skeptical that EVs will get cheaper, and that improvements in batteries will extend their range. I believe tomorrow’s EV will be much better than today’s.

So far, so good. On these three points, I am on the same page with the most rabid EV enthusiast. But I am extremely skeptical about one thing.

I am skeptical that EVs are going to make any dent in our oil consumption in the foreseeable future.

Let me explain why by first examining global crude oil demand growth over the past three decades. In the 32 years since 1984, global crude oil demand has increased by 36 million barrels per day (bpd) – an average annual increase of 1.1 million bpd per year:

(Click to enlarge)

Year-over-year crude oil demand declined in only 3 of those 32 years, and in each case bounced back to the historical growth rate very quickly. Further, the average annual increase since 2010 has been well above the historical average at more than 1.5 million bpd per year.

Of course that’s history, which merely gives us an indication that the long-term trends for oil consumption have been up for a long time. The reason they continue to grow is that growth is being driven by developing countries. Demand in developed countries has been falling (although U.S. gasoline demand is at a record high this year). But that graph admittedly doesn’t necessarily tell us about the future. So we have to look for examples that may give some insight into the future.

I first give you Norway. Following years of very generous subsidies for EVs, Norway has the largest fleet of plug-in EVs per capita in the world. Norway’s growth rate for EVs has been higher than that of any other country, averaging an amazing 110 percent per year for the past seven years:

(Click to enlarge)

One would expect a decline in Norway’s oil consumption given those trends. After all, Norway is surrounded by members of the European Union (EU), where demand for oil since 2008 is down 14 percent (primarily in response to much higher oil prices). Nearby countries like Denmark (-14 percent), Sweden (-16 percent), and Finland (-21 percent) all had big declines.
Related: Forget Inventories – Drilling Cutbacks Will Lead To Much Higher Oil Prices

But not Norway. Norway’s consumption has trended slightly higher while all the countries around it experienced double-digit declines in petroleum demand since 2008.

(Click to enlarge)

Some may immediately note that Norway’s consumption has been relatively flat for several years, but keep in mind that demand was declining across the developed world in response to $100/bbl oil. So what happened in Norway? Shouldn’t demand there have declined at least as much as in countries that didn’t have explosive EV growth?
Related: Exxon Misses Estimates By A Mile, Plunges To Two-Month Lows

The reason the huge growth in electric vehicles didn’t translate into a reduction in demand in Norway is because it is set against a backdrop of a rising population and a growing fleet of vehicles on the roads (as is the case worldwide). The problem is that the conventional car fleet is adding cars faster than EVs are adding cars:

(Click to enlarge)

Also important to note that Norway is adding a lot of diesel engines to the fleet, another factor that helps explain the flattening in their oil demand. But, as the graph shows since 2008 they added about 300,000 diesel and gasoline cars to the roads, but despite the explosive growth in EVs the total over the same time period is only about 80,000 cars. And Norway’s explosive EV growth rate is starting to slow as the country scales back its generous subsidies.

Consider that in the U.S., from 2014 to 2015, new car sales of conventional internal combustion vehicles increased from 16.5 million to 17.5 million. Yet EV sales in the U.S. actually decreased from 122,438 to 116,099. In other words, they have a very long way to go to even dent the growth in conventional new car sales, much less make an actual reduction in the fleet.

This is essentially the problem with most projections that assume that EVs will soon take a big bite out of oil consumption. The world currently consumes over 90 million barrels per day (bpd) of crude oil. That number is growing by more than 1 million bpd each year, yet most projections fail to account for this growth that is due to growing population, more people driving, etc. Like what happened in Norway.

A recent Bloomberg article made this very mistake by assuming that fantastic growth rates in EVs could globally displace 2 million bpd by 2023, and that could crash oil prices. The only problem is that even in the unlikely event that EVs displaced 2 million bpd of demand, then global crude oil demand may only be 5 million bpd higher than it is today instead of 7. They assumed it would be 2 million bpd lower than today, again ignoring growth (and the reasons for that growth).

In any case, according to data at Inside EVs, in the U.S. 2016 EV sales year-to-date (YTD) are only about 16 percent higher than YTD sales a year ago. That would project to maybe an additional 20,000 EVs sold in the U.S. to reach nearly 140,000. Again, that’s against the backdrop of a fleet of 17.5 million conventional cars that increased sales by a million cars from the previous year.

Globally, EV sales are running 43 percent ahead of last year’s pace. That’s far behind Norway’s blistering pace that failed to reduce oil consumption, and well behind the 60 percent growth rate assumed by the Bloomberg article to cause a 2 million bpd drop in demand by 2023. If they assumed a lower growth rate of 45 percent — still unreasonably high in my view — they don’t impact 2 million bpd of demand until 2028. That’s another 5 years of demand growth for oil, but also importantly another 5 years of depletion of existing fields. Oil demand won’t continue to grow forever, because ultimately depletion will catch up and force prices much higher. In that case, what will happen isn’t the price crash that Bloomberg predicted, it’s the exact opposite.

We certainly need EVs, but I haven’t seen anyone put together a credible mathematical case that they will even arrest the growth in oil demand over the next decade. Inevitably, they rely on faulty assumptions of fantastic EV growth rates and zero growth for oil — which is contrary to our observations.

That’s why I am skeptical. If you project out far enough then indeed you can see EVs making a dent, but that’s far further into the future than proponents like to admit, and oil prices are likely to be much higher — not lower — when that happens.

By Robert Rapier

More Top Reads From Oilprice.com:

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Oil Industry Slammed By Disappointing Earnings, Oil Price Plunge
Oil Relieved As Rig Count Shows Negligible Gain

[the grumpy old men] 31/7/2016 17:00

Analysts' Briefing

An analyst briefing will be held on 20 September 2016 at 10.30am at the offices of N+1 Singer, 1 Bartholomew Lane, London EC2N 2AX. Analysts who wish to attend should email [e-mail] to register.

[the grumpy old men] 31/7/2016 16:59

Analysts' Briefing

An analyst briefing will be held on 20 September 2016 at 10.30am at the offices of N+1 Singer, 1 Bartholomew Lane, London EC2N 2AX. Analysts who wish to attend should email [e-mail] to register.

[the grumpy old men] 31/7/2016 16:57

Analysts' Briefing

An analyst briefing will be held on 20 September 2016 at 10.30am at the offices of N+1 Singer, 1 Bartholomew Lane, London EC2N 2AX. Analysts who wish to attend should email [e-mail] to register.

[the grumpy old men] 31/7/2016 16:44

Minds + Machines Group Limited H1 Update and Notice of Interim Results
28/07/2016 7:02am
UK Regulatory (RNS & others)

Minds+Mach (LSE:MMX)
Historical Stock Chart

1 Month : From Jun 2016 to Jul 2016
Click Here for more Minds+Mach Charts.

TIDMMMX

RNS Number : 4583F

Minds + Machines Group Limited

28 July 2016

28 July 2016

Minds + Machines Group Limited

("MMX", the "Company" or "Group")

H1 Update and Notice of Interim Results

Minds + Machines Group Limited (AIM:MMX), the publicly quoted owner and operator of Internet top-level domains, announces that the Group's unaudited interim accounts for the six months ended 30 June 2016 will be published on 20 September 2016.

During the first half ("the Period"), transformational progress has been made by the Company:

-- billings have increased over 300 per cent. to US$8.05million from US$2million for the same period last year;

-- domains under management ("DUMs") have grown by 236 per cent. to 728,940 as of 30 June 2016 compared to 217,200 as of 30 June 2015; and

-- operating expenses have been significantly reduced as a result of the decisive cost-cutting and restructuring implemented by the new leadership team.

Toby Hall, CEO of MMX, commented:

"We are seeing exceptional growth in the new gTLD market. The new management team's dual-track strategy of launching our portfolio into those markets experiencing greatest growth whilst stream-lining the Group into a pure-play registry is already paying dividends. We have every reason for optimism and excitement as we rapidly transition from historic operating losses to operational profitability in this fast growing industry."

Analysts' Briefing

An analyst briefing will be held on 20 September 2016 at 10.30am at the offices of N+1 Singer, 1 Bartholomew Lane, London EC2N 2AX. Analysts who wish to attend should email [e-mail] to register.

Further Information:

Minds + Machines Group Limited

Toby Hall (CEO) Tel: [phone]

[e-mail]

Michael Salazar (COO/CFO) Tel: [phone]

[e-mail]

N+1 Singer (Nomad and Broker)

Shaun Dobson / Liz Yong Tel: [phone]

For further information, please go to www.mmx.co

About MMX

Minds + Machines Group Limited (LSE:MMX) is the owner and operator of a world class portfolio of top-level domain assets (gTLDs). As a sales and marketing-led registry business, we are focused on commercializing our portfolio in partnership with our expanding global network of distribution partners.

The MMX portfolio is currently focused around geographic domains (e.g. .london, .boston, .miami, .bayern), professional occupations (e.g. .law, .abogado, and .dds), consumer interests (e.g. .fashion, .wedding, .vip), lifestyle (e.g. .fit, .surf, .yoga), outdoor activities (e.g..fishing, .garden, .horse) and generic names such as .work and .casa. As a business, we work through our expanding international network of registrars and distribution partners to bring the benefits of affinity based domain addresses to B2B and consumer audiences. For more information on MMX, please visit www.mmx.co.

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

END

TSTEAFXXAAFKEAF

(END) Dow Jones Newswires

July 28, 2016 02:02 ET (06:02 GMT)

[grupo guitarlumber] 31/7/2016 08:42

NAV 3P

NTAV 7P

CURRENT SHARE PRICE JUST UNDER 10P

[waldron] 30/7/2016 16:38

Minds + Machines seeing exceptional growth
08:25 28 Jul 2016
The land grab phase is nearly over ... MMX is moving on swiftly to the commercialisation phase
Generic top level domains
"We are seeing exceptional growth in the new gTLD market," said CEO Toby Hall

Minds + Machines Group Limited (LON:MMX), the owner and operator of internet top level domains (TLDs) is seeing exceptional growth in new generic TLDs.

Billings in the first half of 2016 soared to US$8.05mln from US$2mln in the corresponding period of 2015.

Domains under management grew by a staggering 236% to 728,940, as at the end of June, from 217,200 a year earlier.

The group said operating expenses have been significantly reduced as a result of the cost-cutting and restructuring implemented by the new leadership team.

Watch: Take-up of .vip is “rewardingR21; and “reassuring221;, says Minds + Machines chief
The change of strategy begins: Minds + Machines Group Ltd strikes transformational outsource deals

Toby Hall, who has been the chief executive since February of this year, said: “The new management team's dual-track strategy of launching our portfolio into those markets experiencing greatest growth whilst stream-lining the group into a pure-play registry is already paying dividends.

“We have every reason for optimism and excitement as we rapidly transition from historic operating losses to operational profitability in this fast growing industry."

The shares were up 3.1% at 10.05p in early deals.

[waldron] 30/7/2016 16:37

Minds + Machines seeing exceptional growth
08:25 28 Jul 2016
The land grab phase is nearly over ... MMX is moving on swiftly to the commercialisation phase
Generic top level domains
"We are seeing exceptional growth in the new gTLD market," said CEO Toby Hall

Minds + Machines Group Limited (LON:MMX), the owner and operator of internet top level domains (TLDs) is seeing exceptional growth in new generic TLDs.

Billings in the first half of 2016 soared to US$8.05mln from US$2mln in the corresponding period of 2015.

Domains under management grew by a staggering 236% to 728,940, as at the end of June, from 217,200 a year earlier.

The group said operating expenses have been significantly reduced as a result of the cost-cutting and restructuring implemented by the new leadership team.

Watch: Take-up of .vip is “rewardingR21; and “reassuring221;, says Minds + Machines chief
The change of strategy begins: Minds + Machines Group Ltd strikes transformational outsource deals

Toby Hall, who has been the chief executive since February of this year, said: “The new management team's dual-track strategy of launching our portfolio into those markets experiencing greatest growth whilst stream-lining the group into a pure-play registry is already paying dividends.

“We have every reason for optimism and excitement as we rapidly transition from historic operating losses to operational profitability in this fast growing industry."

The shares were up 3.1% at 10.05p in early deals.

[waldron] 30/7/2016 15:43

Minds + Machines Group Limited H1 Update and Notice of Interim Results
28/07/2016 7:02am
UK Regulatory (RNS & others)

Minds+Mach (LSE:MMX)
Historical Stock Chart

1 Month : From Jun 2016 to Jul 2016
Click Here for more Minds+Mach Charts.

TIDMMMX

RNS Number : 4583F

Minds + Machines Group Limited

28 July 2016

28 July 2016

Minds + Machines Group Limited

("MMX", the "Company" or "Group")

H1 Update and Notice of Interim Results

Minds + Machines Group Limited (AIM:MMX), the publicly quoted owner and operator of Internet top-level domains, announces that the Group's unaudited interim accounts for the six months ended 30 June 2016 will be published on 20 September 2016.

During the first half ("the Period"), transformational progress has been made by the Company:

-- billings have increased over 300 per cent. to US$8.05million from US$2million for the same period last year;

-- domains under management ("DUMs") have grown by 236 per cent. to 728,940 as of 30 June 2016 compared to 217,200 as of 30 June 2015; and

-- operating expenses have been significantly reduced as a result of the decisive cost-cutting and restructuring implemented by the new leadership team.

Toby Hall, CEO of MMX, commented:

"We are seeing exceptional growth in the new gTLD market. The new management team's dual-track strategy of launching our portfolio into those markets experiencing greatest growth whilst stream-lining the Group into a pure-play registry is already paying dividends. We have every reason for optimism and excitement as we rapidly transition from historic operating losses to operational profitability in this fast growing industry."

Analysts' Briefing

An analyst briefing will be held on 20 September 2016 at 10.30am at the offices of N+1 Singer, 1 Bartholomew Lane, London EC2N 2AX. Analysts who wish to attend should email [e-mail] to register.

Further Information:

Minds + Machines Group Limited

Toby Hall (CEO) Tel: [phone]

[e-mail]

Michael Salazar (COO/CFO) Tel: [phone]

[e-mail]

N+1 Singer (Nomad and Broker)

Shaun Dobson / Liz Yong Tel: [phone]

For further information, please go to www.mmx.co

About MMX

Minds + Machines Group Limited (LSE:MMX) is the owner and operator of a world class portfolio of top-level domain assets (gTLDs). As a sales and marketing-led registry business, we are focused on commercializing our portfolio in partnership with our expanding global network of distribution partners.

The MMX portfolio is currently focused around geographic domains (e.g. .london, .boston, .miami, .bayern), professional occupations (e.g. .law, .abogado, and .dds), consumer interests (e.g. .fashion, .wedding, .vip), lifestyle (e.g. .fit, .surf, .yoga), outdoor activities (e.g..fishing, .garden, .horse) and generic names such as .work and .casa. As a business, we work through our expanding international network of registrars and distribution partners to bring the benefits of affinity based domain addresses to B2B and consumer audiences. For more information on MMX, please visit www.mmx.co.

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

END

TSTEAFXXAAFKEAF

(END) Dow Jones Newswires

July 28, 2016 02:02 ET (06:02 GMT)