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Toronto, Canada - (Cheap Web Hosting Directory) - November 9, 2007 - Domain registrar and Internet services firm, Tucows Inc., has reported its financial results for the third quarter of fiscal 2007, indicating continued strong revenue, adjusted net income and continued strong cash flow generation.

Elliot Noss, President and CEO, Tucows Inc. stated, ”Despite short-term challenges, we are optimistic about the significant opportunities for long-term growth in our business. We are confident that the price reduction on wholesale domain names implemented in early August and affiliate channel opportunities from the acquisition of IYD will re-energize our traditional domain names business. Moreover, our emerging domain name revenue streams from direct navigation, premium domain name sales from our own inventory, and agency fees on sales of third-party premium domain name inventories provide excellent future growth potential. In addition, our new hosted email service will allow our customers to compete with the best of the free and hosted services in the market. We have positioned Tucows to achieve sustainable long-term growth. Our financial results were affected by our decision to reduce the price in our traditional domain names business and the declining yields from our Google ads. In addition, we experienced unsatisfactory results from our content libraries, which we are currently addressing. These factors combined to have a muting effect on generation of cash flow from operations, which we now expect to be in the range of $8.5 million to $9.0 million for fiscal 2007.”

Tucows has content distribution arrangements with AOL, Microsoft’s Windows Marketplace and others. Software developers wanting to reach the Tucows global user base have new opportunities to advertise and sponsor placements on the site. Tucows continues to support software developers of all sizes with its self-service author resource center at http://author.tucows.com.

Tucows is an Internet services provider for hosting companies and ISPs. Through its network of over 9,000 service providers around the world, it provides billing solutions, millions of email boxes and manages over eight million domains. Tucows is an accredited registrar with ICANN (the Internet Corporation for Assigned Names and Numbers). Tucows remains one of the most popular software download sites on the Internet.

To learn more about Tucows, please visit: www.tucowsinc.com.

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