[Ict4devwg] Dot VN, Inc. Receives Exclusive Rights from Vietnam Internet Network Information Centre (VNNIC)

[Vern Weitzel]

http://www.myhostnews.com/2009/06/dot-vn-inc-receives-exclusive-rights-from-vietnam-internet-network-information-centre-vnnic/

Dot VN, Inc. Receives Exclusive Rights from Vietnam Internet Network Information 
Centre (VNNIC)
By MyHostNews.com

June 1st, 2009 | Posted under Web Host News
Web Hosting News - SAN DIEGO – Dot VN, Inc.(OTC BB: DTVI), an Internet and 
Telecommunications Company and the exclusive online global domain name registrar 
for the Country of Vietnam, announced today that its wholly owned subsidiary, 
Hi-Tek Multimedia, Inc. has received exclusive rights from the Vietnamese 
Government’s Vietnam Internet Network Information Centre (VNNIC) to immediately 
implement and commercialize the official pay-per-click (PPC) parking page for 
the country code Top Level Domain (“ccTLD”) .VN, and create and promote links 
for domain registrations, domain appraisals and a smart search engine for the 
.VN ccTLD.

Through this agreement, Dot VN has received final approval from VNNIC to move 
beyond the testing phase and begin implementation and commercialization of the 
parking page, which when deployed, will result in immediate increased revenues 
for Dot VN. Deployment is expected to occur within 30 to 60 days.

“With the exclusive rights granted by VNNIC, Dot VN is the only company in the 
world that is allowed by the Vietnamese government to commercialize the PPC 
parking page,” said Dot VN CEO Thomas Johnson. “Considering that Vietnam is the 
second fastest growing economy in the world with a population of over 86 million 
people, we expect that the implementation of this parking page program will 
serve as the catalyst for a new wave of registrations in of ‘.vn’ domain names 
by simplifying the registration process and lead to strong revenue growth for 
the Company based on this new product.”

The Dot VN PPC parking page will be the one and only parking page Internet users 
will be directed to when typing URL (domain name) addresses that do not yet 
exist or have expired. From this page, users can either register the available 
URL through Dot VN’s domain name registration service or click on one of the 
sponsor (advertising) links. With both options, Dot VN receives revenue, either 
from the sale of the domain registrations plus a commission from VNNIC or on a 
pay-per-click basis for sponsor links clicked on. Dot VN has identified leading 
technology partners which will assist in the marketing and operations of the PPC 
parking page.

Statistics on Vietnam’s Internet growth underline the importance of the recent 
developments between VNNIC and Dot VN. The number of Internet users in Vietnam 
has grown exponentially. In 2000, there were 430,000 Internet users. As of April 
2009, there were over 21,000,000 users, an increase of over 4,780 percent in 
just eight years. According to Saigon GP Daily (April 22, 2009), spending on 
online advertising in Vietnam is expected to be U.S. $45.4 million this year, a 
20 percent increase year upon year. Revenues from online advertisements are 
expected to rise to U.S. $60 million by 2011, or a third higher than this year.

“We believe that the Domain Parking Program will represent a fundamental shift 
in the way in which Vietnamese domain names are used and monetized,” said Dot VN’s

Executive VP of Operations and Business Development, Louis P. Huynh. “Our goal 
is to transform the current perception that domain names are placeholders for 
websites or an operational line item on a balance sheet and demonstrate that 
domain names represent a unique and valuable piece of property on the Internet 
that can generate revenue for its owner, while offering advertisers greater 
market access to the Vietnamese consumer through online advertising.”

Dot VN also announced that in a second agreement signed with VNNIC has revised 
the commission structure for .VN domain registrations and renewals effective 
January 2, 2009. This agreement reinforces Dot VN’s relationship with VNNIC and 
is expected to result in increased revenue from commissions.

Vietnam Internet Network Information Centre (“VNNIC”), (www.vnnic.net.vn) is an 
agency of the Ministry of Information and Communication (“MIC”) of Vietnam. 
VNNIC was founded on April 28, 2000, and carries out the functions of managing, 
allocating, supervising and promoting the use of Internet domain names, 
addresses, autonomous system numbers in Vietnam, providing Internet-related 
guidance, statistics on Internet usage, and representing Vietnam at Internet 
related events.

About Dot VN, Inc.
Dot VN, Inc. (www.DotVN.com) provides Internet and Telecommunication services 
for Vietnam. Vietnam Internet Network Information Center (”VNNIC”) awarded the 
Company an “exclusive long term contract” to be the first registrar to market 
and register its country code Top Level Domain (”ccTLD”) of .VN (Vietnam) and 
Parking Page Marketing via the Internet. Dot VN has established agreements with 
international ISPs (Internet service providers) along with over 100 top 
international domain resellers and over 90 Vietnamese domain resellers to 
commercialize .VN. Also, the Company is currently developing initiatives to 
offer Internet Data Center services and Wireless applications.

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