Mediaboss Marketing

BELLEVUE, Wash.--(BUSINESS WIRE)--

Donuts Inc., a registry for new top-level domain names, has moved assertively to expand Internet namespace with 307 applications for new and varied generic top-level domains (TLDs) in various character sets. The expansion will bring significant new industry competition and fresh choices for Internet end-users who need better, more specific domain names for their products and services.

The companys efforts are funded by more than $100 million in capital from multi-billion dollar private equity and venture funds. Donuts executives say they intend to deploy capitaland raise additional funding if necessaryto secure and operate each applied-for TLD.

Donuts effort will expand currently constrained namespace

The now-concluded application period for new Internet names follows the Internet communitys six-year, multi-stakeholder effort to expand consumer choice and competition in top-level domain options beyond .COM, .NET and other extensions. The current namespacethe fulcrum of commercial online navigationis badly constrained, and consumers and businesses need new options for Internet identities.

Finding a usable Internet address is a real problem. There are more than 125 million total names in the top five TLDs, with three fourths of them in .COM alone, said Donuts CEO Paul Stahura. The Internet was opened for worldwide use almost 20 years ago, and weve had only 22 generic names made available since then. Were overdue for expansion.

Stahura also anticipates strong competition to the currently dominant .COM extension. This expansion is going to be disruptive in a positive sense. Theres no question competition is coming to .COM and other TLDshow much of the market the new TLDs will take from them is what remains to be seen.

A well-resourced company

Donuts has raised significant capitalmore than $100 millionfrom notable sources, including:

Donuts has further obtained a senior secured revolving credit facility with Comerica Bank, one of the United States premier banking organizations.

Link:
Donuts Launches Domain Namespace Expansion with 307 gTLD Applications, More Than $100 Million in Funding

With the final list of generic top-level domain (gTLD) applications set to be posted in less than two weeks, Google has revealed a bit about its investment strategy.The company said that its gTLD applications covered both its own products as well as possible domains in which it could sell addresses to third parties.

While the company didn't disclose just how many domains it had applied for, Google chief internet evangelist Vint Cerf said in a company blog post that the company had chosen a number of domains based on their connections to existing Google products.

Among the domains listed by Cerf were .google and .docs, connections to the company's brand name and the Google Docs service, as well as references to its other companies, including .youtube.

Additionally, Cerf said that the company would look to register domains which hold "interesting and creative potential" such as the .lol domain.

While applying for control of a gTLD. Icann charges applications a $185,000 fee to file for control of a domain. The application process closed May 30 after being extended due to a prolonged outage.

Google said that those domains which it is awarded control of will be administered by the company with support for all Icann-accredited registrars. Additionally, the company promised to offer security and rights protection measures for administrators who run sites within its domains.

"Were just beginning to explore this potential source of innovation on the web, and we are curious to see how these proposed new TLDs will fare in the existing TLD environment," Cerf wrote.

"By opening up more choices for internet domain names, we hope people will find options for more diverse -and perhaps shorter signposts- in cyberspace."

Icann is due to announce the full list of domains and applicants for the gTLDs June 13. The company said that it has received more than 1,900 applications in total.

You are invited to participate in a ClickZ-Google Analytics industry survey for trends in mobile marketing and apps. You'll also be entered to win a free iPad or 1 of 2 free passes to SES Conference & Expo.

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Google Bids on New gTLDs .google, .youtube., .lol & More

MCLEAN, Va., May 31, 2012 /PRNewswire/ -- Science Applications International Corporation (SAIC) (SAI) announced today it was will present at the Stephens Inc. Spring Investment Conference at The New York Palace Hotel in New York City on Wednesday, June 6, 2012 commencing at 10:00 am ET. SAIC chief financial officer Mark Sopp and controller John Hartley will discuss business developments, current trends, and growth opportunities, which will be audio webcast live from 10:00 to 10:25 a.m., ET on June 6, 2012. The audio webcast can be accessed at the SAIC Investor site and will be available for 30 days.

About SAICSAIC is a FORTUNE 500 scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The Company's approximately 41,000 employees serve customers in the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. Headquartered in McLean, Va., SAIC had annual revenues of approximately $10.6 billion for its fiscal year ended January 31, 2012. For more information, visit http://www.saic.com/. SAIC: From Science to Solutions

Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10-K for the period ended January 31, 2012, and other such filings that SAIC makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.

Investor Contact:

Paul Levi

(703) 676-2283

levip@saic.com

Media Contact:

Melissa Koskovich

(703) 676-6762

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SAIC to Webcast Presentation at Stephens Spring Investment Conference

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All amounts are in US dollars unless otherwise noted.

TORONTO and JOHANNESBURG, May 28, 2012 /PRNewswire/ - First Uranium Corporation (FIU.TO), (JSE:FUM) (ISIN:CA33744R1029) ("First Uranium" or "the Company") today received a demand from Olma Investment Group and other dissident shareholders to renegotiate the terms of agreed asset sales and to seek concessions from debt holders.

"Olma and its partners have repeatedly promised a concrete alternative to our restructuring plan," John Hick, First Uranium's lead independent director, said. "Instead of putting forward a viable stand alone proposal as Olma has been promoting, they have only come forward with a set of unrealistic demands that have zero chance of being accepted by the parties involved."

As has been previously communicated, First Uranium's board of directors first announced on March 2, 2012 that it had approved the sale, through two subsidiary holding companies, of its Mine Waste Solutions operation and the Ezulwini mine, to AngloGold Ashanti Ltd. and Gold One International Ltd. for $335 million and $70 million respectively.

In advance of that announcement, First Uranium and its advisors contacted approximately 20 potential buyers around the world and only AngloGold and Gold One emerged as bona fide bidders. No other credible offer has been received since the announcement of the two transactions.

First Uranium shareholders are due to consider the proposed transactions at a special meeting on June 13, 2012.

Olma and others claiming to represent 18 per cent of First Uranium's outstanding common shares proposed the following concessions in an email addressed to the Company and dated May 27, 2012:

A full copy of Olma's email follows below.

Mr Hick said: "After an exhaustive process assessing all available alternatives and based on our discussions over the past five months, and their respective reconfirmations today, we know that neither AngloGold nor Gold One are willing to reopen negotiations with a view to paying a higher price for these assets. Given our extensive interaction with the debt holders, which resulted in the compromises set out in the Company's management information circulars, the idea of these parties and, in particular, the secured debt holders, agreeing to the proposed concessions is equally implausible."

He added: "The dissidents' demands and lack of an alternative "concrete proposal" as promised last week, confirm they have no better alternative to offer than the plan which has already been approved by First Uranium's board. Shareholders need to understand that because of the Company's financial situation, if the negotiated transactions are voted down, there is a real possibility that shareholders may be left with nothing, as the Company faces significant liquidity constraints with impending debt maturities on June 30, 2012 and March 31, 2013. As previously disclosed, Mine Waste Solutions and Ezulwini also face challenges, including significant funding requirements."

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Olma Investment Group Fails to Put Forward an Alternative Offer - Instead makes Unrealistic Demands which First ...