Archive for the ‘Domain Investment’ Category

Tucows Fourth Quarter Investment Community Conference Call is Wednesday, February 15, 2012 AT 5:00 P.M. (ET)

TORONTO, Feb. 9, 2012 /PRNewswire/ - Tucows Inc. (TSX: TC, AMEX: TCX) plans to report its fourth quarter fiscal 2011 financial results via news release on Wednesday, February 15, 2012 at approximately 4:00 p.m. (ET). Tucows management will host a conference call the same day at 5:00 p.m. (ET) to discuss the results and the outlook for the company.

Participants can access the conference call via the Internet at http://tucowsinc.com/investors.

For those unable to participate in the conference call at the scheduled time, it will be archived for replay both by telephone and via the Internet beginning approximately one hour following completion of the call. To access the archived conference call by telephone, dial 416-849-0833 or 1-855-859-2056 and enter the pass code 48872391 followed by the pound key.  The telephone replay will be available until Wednesday, February 22, 2012 at midnight. To access the archived conference call as an MP3 via the Internet, go to http://tucowsinc.com/investors.

About Tucows
Tucows is a global Internet services company. OpenSRS (http://opensrs.com) manages over eleven million domain names and millions of email boxes through a reseller network of over 12,000 web hosts and ISPs. Hover (http://hover.com) is the easiest way for individuals and small businesses to manage their domain names and email addresses. Ting (http://ting.com) is a mobile phone service provider dedicated to bringing clarity and control to US mobile phone users. YummyNames (http://yummynames.com) owns premium domain names that generate revenue through advertising or resale. More information can be found on Tucows' corporate website (http://tucows.com).

Tucows, OpenSRS, Hover, and YummyNames are registered trademark of Tucows Inc. or its subsidiaries.

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Tucows Fourth Quarter Investment Community Conference Call is Wednesday, February 15, 2012 AT 5:00 P.M. (ET)

Making investment more vibrant

Interview with Frank Schilling – Video

16-09-2011 14:25 Internet mogul Frank Schilling discusses why he chose to make an investment in the .XXX domain space.

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Interview with Frank Schilling - Video

Riverside Partners' Portfolio Company Welocalize to Invest in Park IP Translations

BOSTON, Feb. 7, 2012 /PRNewswire/ -- Riverside Partners, a Boston based private equity firm, announced today that it has come to agreement to make a significant investment in Park IP Translations, the market leader in the highly technical field of patent translation. The investment in Park IP Translations will enhance the company's service offerings, providing clients with better translations on a global scale. Park IP is headquartered in New York, New York.

The investment will be made through Riverside Partners' portfolio company, Welocalize, a global market leader for content translation, localization and internationalization of web based content. Welocalize has over 500 employees in 11 offices located in the USA, Ireland, United Kingdom, Germany, China, and Japan, and provides translation supply chain management to deliver market-ready, translated content efficiently and affordably. Welocalize is headquartered in Frederick, Maryland.

Park IP Translations was founded as the first translation consultancy strategically positioned to serve the intellectual property community. With vast language resources, Park IP Translations is a one stop shop for litigation as well as patent prosecution translation needs, globally. 

"By combining with Welocalize, Park will be able to leverage Welocalize's global presence, robust infrastructure, and industry leading technology in our service to our clients," said Josh  Rosman, CEO of Park IP Translations.  "We will pursue an even greater geographic reach with a continued focus on enhancing our technology solutions to provide our clients with the highest value translation services.  Ultimately, a partnership with a market leader like Welocalize, given their platform and scale, will enable Park to take its services to the legal community to the next level."

Smith Yewell, CEO of Welocalize, said, "We are ecstatic to have Josh and his team on board with us at Welocalize.  We believe that Park's market leading patent translation offering is a great match for Welocalize and that together, we can build a broader set of service offerings, and most importantly, a more comprehensive set of translation solutions for our clients."

Smith continued, "Moreover, we believe that this investment in Park IP is validation that choosing a partner with the resources and reach of Riverside Partners was the right decision for Welocalize.  Riverside Partners has been a strong partner since the original investment date providing capital and valuable strategic guidance and input.  The completion of this investment in Park IP is another example of Riverside's commitment to its portfolio."

"Welocalize has continued its strong growth and expansion of service offerings since we first partnered with the management team in 2010.  We are very excited about the growth opportunities from the combination of Welocalize and Park IP," said Ian Blasco, General Partner at Riverside Partners.  "Josh and Smith both are capable, experienced, and dynamic leaders and together we believe that they can continue to build a world class company.  We are thrilled to continue to invest in the Welocalize business and the Welocalize team with the addition of Park."

Moorgate Partners, a New York City based investment banking boutique, acted as exclusive financial advisor to Park IP Translations in connection with the transaction.

About Park IP Translations
Park IP Translations is a language services company that serves the legal intellectual property services community through translation, interpretation, and consultancy services.  Park is headquartered in New York City and possesses a network of offices and supplier relationships worldwide.  Park's familiarity with foreign countries and practices gives it a dynamic edge when consulting with its clients on the communication styles, languages and dialects relevant to any international jurisdiction or patent portfolio.  To learn more about Park IP, please visit http://www.ParkIP.com.

About Welocalize
Welocalize offers integrated globalization services and products for the fluid and rapid deployment of enterprise content and applications to international markets. Welocalize provides globalization consulting, translation, localization, testing solutions and enterprise translation management tools that are optimized to be able to deliver on-demand translation in over 100 languages. Welocalize's clients include Autodesk, Inc.; Canon; Cisco Systems; Computer Associates; IBM; Microsoft; Sun and Symantec. With over 400 employees worldwide, Welocalize maintains 11 offices in the United States, Germany, Ireland, United Kingdom, Japan and China. For more information, please visit http://www.welocalize.com.  

About Riverside Partners
Founded in 1989, Riverside Partners is a middle market private equity firm currently investing Riverside Partners Fund IV, L.P. The fund focuses on growth oriented companies primarily in the healthcare and technology industries. Riverside Partners is particularly experienced at partnering with founders, owners and management teams and it brings substantial domain expertise and operating experience to its portfolio companies. The partners at Riverside Partners have managed more than $500 million in investments in over 50 companies. The firm is currently focused on companies with revenues between $20 and $200 million and with $5-$25 million of EBITDA. For more information, please visit http://www.riversidepartners.com 

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Riverside Partners' Portfolio Company Welocalize to Invest in Park IP Translations

Opinion: Time to update copyright law?

James Joyce, the author of "Ulysses," is seen 1938. "Ulysses" has entered the public domain.

STORY HIGHLIGHTS

Each year, works of art with expired copyrights enter the public domain William Patry: How long copyright should last has been a contentious issue since 1790 Patry: When length of copyright is too long, it hinders creative repurposing of older works He says that in the digital age, arcane copyright laws should be updated

Editor's note: William Patry, a senior copyright counsel at Google Inc., is the author of "How to Fix Copyright" (Oxford University Press).

(CNN) -- On the first day of every year, works of art whose term of copyright has expired enters the public domain. This year's class is particularly strong, as the novels of James Joyce and Virginia Woolf are now free of copyright protection. If you ever wanted to stage a puppet show of Joyce's masterpiece "Ulysses" or set Woolf's "Mrs. Dalloway" to music, now is your chance.

But why now?

When copyright expires, it means that the public is not liable for using works of art in ways that would otherwise violate the copyright law. Dover can publish scores of classical music at low prices; translations of literature can be commissioned; authors, artists and motion picture companies can adapt older works and make them into new works. A number of Disney classics are, in fact, based on public domain works.

William Patry

How long copyright should last has been a contentious issue since the first copyright act of 1790. In some industries, copyright laws are necessary to provide financial protection for the time and investment that goes into creating works of art. But when the length of copyright is so long that it hinders creative repurposing of older work, then copyright's purpose isn't being served.

Our original copyright act in 1790 protected only books, maps and charts. Over time, the law expanded to include fine art and photographs, among other things. Currently, a blockbuster film such as "Avatar" gets the same protection as an e-mail you dash off to your friends.

To understand how copyright law has changed in the United States over the past 30 years, it's helpful to take a look at Duke University's Center for the Public Domain's list of famous works that would have gone into the public domain if it weren't for the changes in copyright law. This year, it would include Vladimir Nabokov's "Lolita," J.R.R. Tolkien's "Return of the King" and Disney's "The Lady and the Tramp."

These famous works were originally covered by a law in 1909, which stipulated that copyright lasted for 28 years from first publication, with the possibility of another 28 years, but only if the copyright owner filed a renewal publication with the Copyright Office. Thousands of works were protected under this sensible system, and 85% of them entered the public domain after 28 years, making them available to artists and more accessible to consumers.

But in 1978, Congress retroactively changed the rules, giving these works another 19 years at the end. If the artist renewed the copyright, he or she received 47 years rather than 28 years, for a maximum of 75 years. And then in 1998, Congress retroactively added another 20 years to these old art works, meaning they now have a protection up to a maximum of 95 years. For works created after 1978, the length of copyright is even longer: life of the author plus 70 years after the author's death.

The effect of this dramatic lengthening of copyright has come at a large cost with little benefit: older works cannot be used productively by motion picture companies, authors and artists. Many owners of copyrighted works cannot even be located. And remote heirs, such as grandchildren and great-grandchildren or the estates of deceased authors, can veto uses that are economically harmless.

For example, when I was in private practice at a large law firm, a partner asked me to approach the estate of a famous playwright. My colleague was hoping to get permission to produce an abridged version of a play at his son's special education school.

The school was willing to pay the licensing fee, but the children were capable of only performing one act, not three. The production would be only before parents, not for any profit. After all this was explained to the estate, they subsequently refused permission and the money, insisting the children had to produce the play as written, or not at all.

As we adapt to the digital age, arcane copyright laws that offer no benefit even to the current copyright holder must be reconsidered. A sensible approach would not act as an obstacle to future generations who want to create something new.

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The opinions expressed in this commentary are solely those of William Patry.

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Opinion: Time to update copyright law?