Domain Registrar, Internet Services Firm, Tucows, Files Stock Exchange Bid

Updated on Friday, March 2nd, 2007 at 9:47 am

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Toronto, Canada - (Cheap Web Hosting Directory) - March 2, 2007 - The Toronto Stock Exchange (”TSX”) has accepted Internet services provider and domain registrar, Tucows’ notice of intention to make a normal course issuer bid through the facilities of the TSX.

The normal course issuer bid is intended to be part of the share buy-back program previously announced by the Company. Tucows will have the option to purchase its shares either through the facilities of the TSX or the Amex Stock Market. The notice filed with the TSX provides that Tucows may, during the twelve-month period, to purchase up to 5,698,398 common shares in total, being approximately 10% of the public float of Tucows. The price which Tucows will pay for any such shares would be the market price at the time of acquisition. As of February 12th, 2007 there were 76,116,834 common shares outstanding. All shares purchased by Tucows under the normal course issuer bid will be cancelled.

Tucows Inc. provides Internet services and download libraries through a global distribution network of 6,000 service providers. This distribution network primarily consists of web hosting companies, ISPs (Internet Service Providers) and other Internet related service companies. The companies use Tucows’ provisioned services to offer solutions to customer: enterprises, small and medium businesses and consumers. Tucows is an accredited registrar with ICANN (the Internet Corporation for Assigned Names and Numbers) and earns most of its revenue from domain name registration services plus hosted email, spam and virus protection, blogware, website building tools, the Platypus Billing System and digital certificates.

To learn more about the conference call at the “Investor Relations” section of the website, please visit: www.tucowsinc.com.

For more information about Tucows, please visit: www.tucowsinc.com

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