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News: Web Hosting Domain Registrar, Tucows, Issues Fiscal Report
Toronto, Canada - (Cheap Web Hosting Directory) - May 9, 2008 - Provider of Internet services to web hosting companies, ISPs and other service providers worldwide, Tucows Inc., has reported its financial results for the first quarter of fiscal 2008 ending March 31, 2008.
Elliot Noss, President and Chief Executive Officer, Tucows Inc. explained, ''The results of the quarter were right in line with expectations. We are seeing the positive impact of the domain price reduction with an 18% year/year improvement in renewals among other positives. We expect traditional domain name registration to contribute favorably to gross margin in the remainder of the year. In addition, the migration of our email customers to our enhanced platform is nearing completion and we expect to realize considerable cost savings during the second half of the year.''
Net revenue for the first quarter of fiscal 2008 increased 5% to $18.7 million from $17.8 million for the first quarter of fiscal 2007.
Adjusted Net Income for the first quarter of 2008 was $1.0 million, compared to $2.4 million for the corresponding quarter of last year. Net loss for the first quarter of 2008 was $1.1 million, or $0.01 per share, compared with net income of $0.7 million, or $0.01 per share, for the first quarter of 2007.
Deferred revenue at the end the first quarter of fiscal 2008 was $53.6 million, an increase of 12% from $48.0 million at the end of the first quarter of 2007 and an increase of 6% from $50.6 million at the end of the fourth quarter of fiscal 2007.
Cash and restricted cash at the end of the first quarter of fiscal 2008 was $7.5 million compared to $8.1 million at the end of the fourth quarter of fiscal 2007 and $6.6 million at the end of the first quarter of fiscal 2007. Cash flow from operations of was $0.1 million during the first quarter of fiscal 2008.
Mr. Noss continued, ''While the strength of the Canadian dollar, last year's price reduction for domain registrations and cost burden of carrying multiple email platforms held down our bottom line results this quarter, the positives noted above, combined with the anticipated continued growth in our domain portfolio business, will place us in an excellent position to achieve our stated goal of growing revenue, profitability and cash flow in 2008.''
Tucows hosted a conference call, which will be available until Wednesday, May 14, 2008 at midnight. To access the archived conference call via the Internet, go to http://about.tucows.com and click on ''Investors.''
Tucows provides Internet services for web hosting companies and ISPs. Through our global network of over 9,000 service providers we provide millions of email boxes and manage over eight million domains. Tucows is an accredited registrar with ICANN (the Internet Corporation for Assigned Names and Numbers). We hold a domain name portfolio of approximately 150,000 domain names that are available for sale, monetized through advertising and support our wholesale Personal Names Service. Our Retail division sells Tucows services to consumers and small business owners through Domain Direct, IYD (It's Your Domain) and NetIdentity. Tucows.com remains one of the most popular software download sites on the Internet.
For more information, please visit: www.tucowsinc.com.
Posted by editor on Friday, May 09 @ 10:40:39 EDT (125 reads)
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News: Search Information Resource, Incisive Media, Launches Lead Generation Solution
London, United Kingdom - (Cheap Web Hosting Directory) - May 9, 2008 - B2B information provider, Incisive Media, has unveiled the global launch of lead generation strategy, IThound.com, following a developed partnership with KnowledgeStorm.
IThound.com provides B2B IT decision makers, procurement heads and research analysts with the UK's definitive online search resource and information portal for technology and financial solutions and services. In turn clients receive real time leads from IT professionals researching and comparing the hosted technology solutions.
James Hanbury, Chief Executive, UK and Asia noted, ''IThound.com represents a significant investment by Incisive Media to consolidate our position in the UK lead generation market. This move builds upon our experience in the response marketing sector through our previous partnership with KnowledgeStorm, The ability to target a wider range of sectors offers opportunities for significant growth and allows more of our customers to take advantage of what really is a next generation service.''
Incisive Media's new bespoke platform gives business professionals immediate and comprehensive access to the information they need on leading software, hardware and IT service solutions. It is able to leverage an online audience of more than 4.4 million monthly business professionals visiting its network of flagship technology and finance websites including VNUnet.com, Computing.co.uk, AccountancyAge.com and TheInquirer.net.
The in-house developed platform has been designed to provide the most effective lead generation solution while delivering the best possible end-to-end experience for both users and clients. Its search capabilities allow users to query an information-rich repository of white papers, product data and analysis provided by carefully vetted vendors. This enables users of the service to research and compare solutions so they can make better informed buying decisions whilst benefiting from enhanced search options and usability.
Matthew Smith, Head of IThound.com at Incisive Media remarked, ''The feedback we received from the user testing of IThound.com's new research library has confirmed that the decision to develop our own lead generation solution and build on 18 months experience of this market was the right one. We are looking to today's launch of IThound.com to provide our clients with the most effective lead response platform for targeting business and technology buyers.''
IT product and services vendors including IBM, Cisco, Computer Associates and MessageLabs use the IThound.com campaign delivery reporting and highly targeted web lead tracking capabilities to generate sales leads. The Incisive Media network now enables customers to target a wider range of professionals across verticals including IT, finance and accountancy. The extensive audience in combination with a re-engineered search functionality dramatically improves a vendors' ability to target identified buyers with product and services information that is relevant to them, at the time they need it.
John Barnes, Managing Director of Digital Strategy and Development at Incisive Media commented, ''Over the past 4 years we have refined our expertise in delivering online lead-generation by delivering simple, effective solutions for our clients. Our track record operating the leading solution currently available in the market, supported by the UK's largest IT Pro online network, gives us unparalleled knowledge and insight into what the market needs and our customers want. IThound.com represents the culmination of that process and is concrete evidence of the importance of lead generation as a core revenue stream for Incisive Media wider portfolio of brands and sectors over the next five years.''
Incisive Media is a B2B information providers, serving the financial and professional services markets globally. Bringing product provider and purchaser business communities together in print, in person or online, Incisive Media has an unquestioned reputation for delivering high quality, timely information in whatever format best suits our customers. Over 2,000 staff in 27 offices across 3 continents provide an ever increasing range of valuable marketing opportunities, in an effort to enable the professional communities the company serves.
The business operates across the main areas of financial services, with leading brands in the financial, legal, accountancy and IT sectors.
Central to our business model is a truly platform-neutral approach to media communication. This enables audiences to communicate through print in magazines, newsletters, books or directories, face-to-face at events, exhibitions or conferences and online through websites, videocasts and business TV channels.
To learn more about IThound.com, please visit: www.ithound.com/ithound/home.
Posted by editor on Friday, May 09 @ 10:27:05 EDT (109 reads)
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News: Web Hosting Provider, Eleven2 Hosting, Unveils Economic Stimulus Discount
Houston, Texas - (Website Hosting Directory) - May 8, 2008 - Eleven2 Hosting, has debuted the launch of a new solution that will work with President George W. Bush's Economic Stimulus Plan, to provide web hosting services for life, at $600.
Rodney Giles, Co-founder and CEO of Eleven2 remarked, ''We really wanted to do something out of the box here at Eleven2. A lifetime hosting plan is pretty out of the box and just the right match for President Bush's plan. For $600, anyone is able to take advantage of our lifetime hosting plan.''
In January of 2008, Bush announced that U.S. taxpayers would get checks of several hundred dollars from the government in order to boost the economy. Eleven2 immediately began to brainstorm ways on how to give something back as well.
Eleven2 is offering lifetime hosting for $600. Based on the pricing of its "launchParty" plan, $600 would only go as far as roughly eight and a half years.
Mr. Giles continued, ''We know we are practically giving away hosting at this point. But we really wanted to do something that made people have to take a step back and say, 'woah!' We feel like this plan will do just that.''
Eleven2 Hosting also expanded its corporate management team, through an appointment of hosting industry veteran, Cory Beavers, in April.
Mr. Beavers began his career at Yahoo! Web Hosting and was most recently employed by HostGator Web Hosting. Rodney Giles, Co-founder and Chief Executive Officer at Eleven2 noted, ''Cory's focus will be on increasing the level of support our customers experience here at Eleven2. With Cory's previous experience at Yahoo! Web Hosting and HostGator Web Hosting, he brings the experience, knowledge, and dedication needed to take our customer support to the next level.''
Mr. Beaver's daily tasks include developing and implementing training programs for customer support advocates, enhancing response times on support requests, and improving the quality of responses to customers from the Eleven2 Hosting staff.
Mr. Giles added, ''Cory's leadership in these areas will help attract customers wanting top-notch customer service at every point of service, from pre-sales to ongoing support, something rarely seen in the hosting industry. When our customers are happy, our retention rates increase and customers start spreading the word about the quality of our hosting and support services.''
In addition to adding a new customer service director, Eleven2 has plans to extend its development team to keep up with the expansion of their upcoming hosting products and services. Customers can interact with the Eleven2 Hosting team through the company's VIP platform, a user-friendly control panel for managing billing information, support requests, daily website maintenance, and email.
Established in 2004, Eleven2 Hosting was started by two web developers who, at the time, could not find high quality hosting solutions that met their requirements. Now hosting over 60,000 websites and with ten years of experience, Eleven2 offers shared hosting, reseller hosting, and customized dedicated server plans. Data centers include locations in Houston, TX and Atlanta, GA. The company continues to reinvent the customer experience with VIP, an automated support system developed in-house. Eleven2 Hosting also provides domain sales and database/FTP/email hosting for small to medium sized businesses.
To learn more, please visit: www.eleven2.com.
Posted by editor on Thursday, May 08 @ 10:39:37 EDT (147 reads)
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News: Search Engine Developer, InfoSpace, Partners CyberDefender Security
Los Angeles, California - (Cheap Web Hosting Directory) - May 8, 2008 - Search development firm, InfoSpace, Inc., has partnered with security software developer, CyberDefender Corporation, to offer improved search results from its toolbar search interface.
InfoSpace's metasearch technology aggregates results from numerous search engines, allowing CyberDefender to monetize searches across multiple engines, leading to increased company revenues.
Jim Voelker, Chairman and CEO of InfoSpace, Inc. remarked, ''We're happy to be partnering with CyberDefender and to be able to provide their users with the most comprehensive, relevant results from the Web though our metasearch technology.''
Because no single search engine covers the entire Internet, and as different engines use differing technologies, InfoSpace's metasearch technology allows users to search the top search engines at once, including Google, Yahoo!, Ask and MSN. InfoSpace's technology aggregates the best of the best results from the web, providing users with fast and comprehensive search results.
According to published reports, Piper Jaffray analyst Safa Rashtchy has predicted search revenues to hit $16.2 billion in 2008, $19.8 billion in 2009 and top $23 billion in 2010. Companies offering metasearch receive a higher pay-per-click rate, which is a key selling point to those who partner with InfoSpace.
Once implemented, CyberDefender users will be able to benefit from InfoSpace's award winning metasearch technology and have the ability to search up to 50 percent more of the web than any single engine.
Gary Guseinov, CEO, CyberDefender Corporation, added ''This partnership will be a significant benefit to our users as this will give them the best search results from leading search engines rather than just one. Not only will users get more qualified data in their searches but we also anticipate that this new relationship should significantly increase our search advertising revenue by 30-35%. InfoSpace is a well respected and innovative company and this partnership is yet another example of how we are continuing to execute on our goals to increase shareholder value.''
InfoSpace, Inc., a developer of metasearch products, is focused on bringing the best of the web to Internet users. InfoSpace's proprietary metasearch technology combines the top results from several of the largest online search engines, providing fast and comprehensive search results on InfoSpace sites including Dogpile and WebFetch. For the second consecutive year, JD Power and Associates ranked Dogpile highest in customer satisfaction among search engines. InfoSpace's metasearch technology is also available on more than 100 partner sites, including content, community and connectivity sites.
CyberDefender Corporation believes that its Internet security technology offers the earliest possible detection and most aggressive defense against Internet security attacks. CyberDefender believes that it is the only Internet security software company to combat spyware, viruses, phishing and dangerous spam by using a secure client-to-client distributed network, enabling protection that the Company believes is unparalleled in speed and flexibility. Products employing the early detection technology include CyberDefender's safeSEARCH Toolbar, MyIdentityDefendertoolbar, CyberDefenderFREE 2.0, CyberDefender Early Detection Center 2.0 and CyberDefender Early Detection Center FamilyPak Edition.
To learn more about CyberDefender Corporation, please visit: www.cyberdefender.com.
For more information about InfoSpace, Inc., please visit: www.infospaceinc.com.
Posted by editor on Thursday, May 08 @ 10:11:49 EDT (156 reads)
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News: Web Hosting Discounts, Debut at 1&1 Internet, for Spring
Chesterbrook, Pennsylvania - (Cheap Web Hosting Directory) - May 7, 2008 - Webhosting company, and subsidiary of United Internet, 1 and 1 Internet,
is offering spring discount specials, with savings on a number of its web hosting products and plans.
One of the plans included in the sale, is its home and developer shared hosting package, offered free for the first three months of service. In addition, customers are offered three months of free service, with a $1 setup fee on the Virtual Private Server II program, in a 12-month contract, or on a 24 month contract for the Business Server II plan. Domains for .info, are being offered at $0.99 for the first year. 1 and 1 hosting packages include up to five free domains and private domain registration. Also, expanded storage solutions are available for those companies that require it.
1 and 1 is also offering Microsoft SharePoint 3.0, so that business teams may stay productive, through connectivity and easy access to individuals, documents and information necessary to make effective business decisions. New features include mobile access to tasks, project updates via RSS Feeds and blog and wiki site tools.
In January, 1 and 1 celetrated its 20th anniversary. Andreas Gauger, Chairman of the Board, 1 and 1 Internet Inc. noted, ''1 and 1 has successfully driven markets through offering the best specification packages at ground breaking prices. By expanding our services to further markets, 1 and 1 will be able to deliver innovative and reliable services to a greater number of consumers worldwide.''
During 2007, 1 and 1 opened orders to businesses and consumers within 97 countries. 1 and 1 also launched an office in Madrid, Spain, and built a state-of-the-art data center in Lenexa, Kansas. While 1 and 1 has made strides in strengthening its status as a worldwide leader in web hosting, its vision for the future promises further growth through international expansion.
1 and 1 Internet Inc. is a subsidiary of United Internet, a public company with a market cap of $4 billion. 1 and 1 was established in 1988 with over 47,000 servers. 1 and 1's global community is 7.07 million customer contracts. The company U.S. headquarters are located in Chesterbrook, Pennsylvania.
For more information about 1 and 1 Internet, please visit: www.1and1.com.
Posted by editor on Wednesday, May 07 @ 10:31:59 EDT (178 reads)
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