CentralNic announces intention to float on AIM

London, 13 August, 2013 — CentralNic, an internet registry service provider which derives revenues from the sale of internet domain names (such as www.intel.la and www.activia.us.com), today announces its intention to seek admission of its shares to trading on the AIM Market ("AIM") of the London Stock Exchange. Dealings are expected to commence on AIM at the beginning of September 2013.

Overview of CentralNic

CentralNic

Market Opportunity

Following recent industry developments and regulatory changes, CentralNic expects, by virtue of its contracts and existing technical and distribution infrastructure, to benefit from a major expansion in the number of generic top level domains ("gTLDs") such as .wiki and .college, which are expected to start operating from the end of 2013.

The Directors believe that the funds raised for the Group by the placing of shares will allow the Group to enhance its global distribution network, acquire interests in new gTLDs, expand its own retail business and obtain contracts from governments to operate their country code TLDs ("ccTLDs"), especially in developing markets.

The existing business has already proven to be profitable and cash-generative, as its characteristics include:


Strategy

The Company has a four pronged expansion strategy:

  1. Increasing volumes through provision of core registry services;
  2. Investment in new gTLDs;
  3. Investment in Registrar business; and,
  4. Developing Markets

CentralNic has also identified opportunities to add to its domain portfolio by winning government contracts to operate country codes for developing nations. These ccTLDs can be distributed globally via CentralNic's retail network, as well as serving the populations of the domestic emerging markets where internet penetration is just starting to explode.

Commenting on the Company's proposed admission to AIM, Ben Crawford, CEO of CentralNic, said:

"With five billion people forecast to use the internet within the next decade these are exciting times for CentralNic. We are profitable, debt free, asset backed and about to capitalise on the major changes being made to the internet with the influx of new TLDs. We already have in place the required IT infrastructure and global retailer network. We have also been awarded a significant number of new TLD contracts so the Company is confident of expanding rapidly."

"We now look to a stock market listing to enable us to raise the necessary funds to take advantage of additional opportunities to win new contracts, innovate, provide excellent levels of service and profit from new and developing marketplaces as the internet evolves."


For further information, please contact:

CentralNic Plc

Ben Crawford, Chief executive officer

+44203 388 0600
Zeus Capital

Ross Andrews, Nick Cowles (Corporate Finance)

+44161 831 1512

John Goold (Institutional Sales)

+44207 533 7716
Bell Pottinger

Charles Goodwin, Guy Scarborough

+44207 861 3232

About CentralNic

CentralNic, a wholly owned subsidiary of the Company, is a registry service provider, which derives revenues from the sale of internet domain names. CentralNic uses its in-house developed IT platform to distribute its own portfolio of domain names to a global network of "registrars" (retailers such as Network Solutions LLC), which sell these to end users. It also uses this platform to sell domain names owned by third parties, normally on a revenue share basis.

Following recent industry developments and regulatory changes, CentralNic expects, by virtue of its contracts and technical infrastructure, to benefit from a major expansion in the number of generic top level domains ("gTLDs") such as .wiki and .college, expected to operate from the end of 2013.

The Directors believe that the funds raised for the Group by the Placing will allow the Group to enhance its global distribution network, acquire interests in new gTLDs, expand its own retail business and obtain contracts from governments to operate their country code TLDs ("ccTLDs"), especially in developing markets.


New Top Level Domains

In early 2012, after seven years of policy making, the Governing Body ICANN (The Internet Corporation for Assigned Names and Numbers) triggered the biggest change to the internet since its inception, by opening the application process for a new round of gTLDs, primarily to introduce more competition to the marketplace and expand customer choice. This change will also enable brands, corporations and governments to run their own domains.

Examples of gTLDs that have been applied for include .law and .wiki, as well as brand-specific TLDs such as .theguardian.

CentralNic has won contracts to act as Registry Service Provider for 60 gTLD applications, with clients including global 1000 companies, global leaders in the media and entertainment industry, and entrepreneurs in the US, Latin America, Europe and Asia.


CentralNic Directors

John Swingewood (aged 57) – Chairman

John is a serial entrepreneur, active in both public and private companies. He is Chairman of the AIM-listed Eco City Vehicles Plc, the provider of London Mercedes taxis and a founder and director of Brilliant Law Group Ltd. Previously he was director of AIM listed Mobile Tornado Plc and was a founder of Digital Interactive Television Group, acquired by AIM listed Yoomedia Plc for £28 million.

He was formerly Director of New Media at BskyB and Director of Internet and Multimedia and General Manager, Broadcast TV Services at British Telecom, a £500 million division employing over 1,000 people worldwide. John obtained a First Class Honours Degree in Electronics at Surrey University.


Benjamin Crawford ("Ben") (aged 48) – Chief Executive Officer

Ben Crawford is one of the best-known figures in the domain industry, featuring extensively on ICANN's "Ask the Experts" website and is frequently quoted in the global media. Ben has been the Chief Executive Officer of CentralNic since 2009, successfully launching the company into new markets including the Middle East, Japan and Russia, as well as winning 60 new TLD and the .PW ccTLD contracts.

Ben is a specialist in global online business and corporate development – his former positions included Founding President of Louise Blouin Media, integrating 11 acquisitions in three countries and launching artinfo.com; Managing Director of SportBusiness Group, where he launched the world's leading online gambling trade media group, iGamingBusiness.com; and Executive Producer of the official website of the Sydney Olympic Games. Ben has an MBA from the Australian Graduate School of Management and a First Class Honours Degree from the University of Sydney.


Donald Baladasan ("Don") (aged 39) – Chief Financial Officer

Don Baladasan, a Chartered Management Accountant having trained at the Financial Times. Don has extensive experience of managing and optimising finance functions both nationally and internationally. He is founder of Mataxis Ltd a consultancy that provides outsourced FD services to SMEs and start-ups.

Prior to founding Mataxis he was Head of Accounting Development at Stemcor, the worlds largest independent steel trader. Previously he was a regional Financial Controller BUPA Hospitals and Financial Controller of FTMarketwatch.com. Don is acting as part time Chief Financial Officer for the Company. He also holds part time positions on the boards of AIM listed Totally PLC and Advanced Oncotherapy PLC.


Robert Pooke (aged 52) – Executive Director

Robert Pooke is one of the founders of CentralNic and has been involved in the domain name industry since 1998. Prior to that, he founded (and later sold) two online companies, one of which was a multi-player games business. In the earliest part of his career, for 13 years, Robert opened and ran a small chain of discount retail stores, which he eventually sold.