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RE: [registrars] Interesting quote from Melbourne IT in todays papers in Australia.
I will
attempt to seek a clarification from Doug at INTA today. I believe this is
an important point of concern.
Will provide
an update as soon as possible.
Mike
-----Original Message----- From:
owner-registrars@dnso.org [mailto:owner-registrars@dnso.org]On Behalf Of
Rob Hall Sent: Wednesday, May 09, 2001 10:38 AM To:
registrars@dnso.org Subject: [registrars] Interesting quote from
Melbourne IT in todays papers in Australia.
In todays "The Australian", Melbourne IT chief
executive officer Adrian Kloeden said,
NeuLevel won the rights to be
the registry for the .biz web suffix last year.
The NeuLevel deal
facilitates Melbourne IT's move into the lucrative web registry space. It also
enables Melbourne IT to act as a data aggregator.
"With biz.com, we will be controlling all of the data
that comes to us," he said. "People registering with .biz do so because they
want to be found. It's basically the equivalent of the Yellow Pages."
I find it interesting that Melbourne IT is claiming control of
all the data submitted to the .biz registry. This causes me concern, and
I hope that the Neulevel CEO clears up this with Michael
ASAP.
Rob.
Here is the entire article:
Melb IT sacrifices for future of the .biz Penny Brown 09 May 2001
MELBOURNE IT will
sacrifice earnings in 2001-02 for a stake of up to 30 per cent in its joint
venture NeuLevel, operator of the new web suffix .biz.
Melbourne IT
yesterday agreed to pay $6 million cash for a 10 per cent stake in NeuLevel
after finalising negotiations with US telco NeuStar, its joint venture
partner.
It has an option to increase its interest to 30 per cent, for
an estimated $12 million plus a cost of capital charge, by September 2001.
"It is likely that we will have a short-term EBIT loss," Melbourne IT
chief executive officer Adrian Kloeden said.
"There will be front-end
costs, such as software, hardware and marketing costs, associated with
establishing the biz.com platform." Mr Kloeden said the investment would
hurt the company's EBIT in the first two years but would make money in the
long term.
NeuLevel won the rights to be the registry for the .biz web
suffix last year.
The NeuLevel deal facilitates Melbourne IT's move
into the lucrative web registry space. It also enables Melbourne IT to act as
a data aggregator.
Eventually, Melbourne IT would offer services
similar to City Search's business directory, Mr Kloeden said.
"With
biz.com, we will be controlling all of the data that comes to us," he said.
"People registering with .biz do so because they want to be found. It's
basically the equivalent of the Yellow Pages."
Melbourne IT shares
fell 1c to 88c.
--
Rob
Hall
voice (613) 768-5100
President
fax (613) 820-0777
Momentous.ca
Corp.
iti,s
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