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Centralnic Group Plc

“Chinese Government approves .XYZ” Ben Crawford, CEO of CentralNic Group plc

CentralNic Group plc (AIM: CNIC), a world leader in domain name and internet services, today told DirectorsTalk about that the most popular new generic Top Level Domain ending .XYZ is one of the first domain endings to be accredited by the Chinese Ministry of Industry and Information Technology (“MIIT”), allowing businesses and individuals in China to use .XYZ domain names to host their websites.

CentralNic, which is .XYZ’s exclusive distributor, worked closely with .XYZ to put in place a customised technology platform that has been approved by both the global internet regulator ICANN and China’s MIIT – succeeding in securing .XYZ a ranking among the first batch of non-Chinese “not-COM” domains approved for Chinese citizens. MIIT-accredited .XYZ web addresses will be available via Chinese domain registrars from the 16th December 2016.

 

Ben Crawford, CEO of CentralNic said: “I am delighted that our partner .XYZ has received its MIIT accreditation, .XYZ has always been the dominant new TLD, and China the biggest new TLD market. It’s an exciting moment that should see .XYZ grow even faster.”

 

.XYZ is actively sold through more retailers than any other new Top-Level Domain name, and is already a multi-million seller in China, as Chinese citizens have obtained the .XYZ they wanted in anticipation of the MIIT accreditation.

 

Daniel Negari, CEO of .XYZ, said:  “Accreditation in China is one of .XYZ’s most significant milestones to date. CentralNic has been an amazing back end partner of XYZ and went above and beyond its contractual requirements to help navigate through foreign policies and technical requirements.

 

“We look forward to our continued partnership with CentralNic to make .XYZ the go-to domain extension for every business and individual in China.”

 

Since its launch in 2014, .XYZ has dominated the new Top-Level Domain space. Representing one in four of all domains registered using new TLDs (in a field of 1200 new TLDs launched), .XYZ domains have been used by the gamut of websites from small businesses in emerging markets, through to Google, Mark Zuckerberg and the founders of Skype.

Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.