26 Feb '13, 6am

Melbourne IT Promises A “Huge Dividend” From New gTLD Defensive Registrations

According to ComputerWorld.com.au , on a conference call with media after reporting its financial results for 2012 resulting in revenue and profit declines, Melbourne IT CEO Theo Hnarakis said ICANN’s release of new gTLDs would generate a “huge dividend” for the company in 2013. Mr. Hnarakins is quoting as saying: “We have 3800 corporate customers, many of which are very defensively oriented in protecting their brand,” “When these new extensions are launched, they naturally register that domain name to ensure nobody else can secure that name.” “When the .xxx domain was launched in 2011, Melbourne IT had $2 million in sales in defensive registrations for the extension, the CEO said”. “The year before, the company had almost $1.5 million in revenue from the launch of the .co extension”. Not only does Melbourne IT hope to profit from defensive registrations of new gTLD’s but ...

Full article: http://www.thedomains.com/2013/02/26/melbourne-it-promise...

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