SAN DIEGO, Calif., Nov. 20 /PRNewswire-FirstCall/ -- Dot VN, Inc., a
Delaware corporation ('Dot VN' or the 'Company') (http://www.dotVN.com),
(Pink Sheets: DTVI), an Internet and Telecommunications Company and the
exclusive online global domain name registrar for the Country of Vietnam,
announced that it, through a wholly-owned Vietnamese subsidiary formed under
the authority of the People's Committee of the City of Danang ('Dot VN
Danang'), has executed a two year lease for 95 square meters (~1,022 square
feet) of office space located on the 9th floor of the Software Park Tower in
downtown Danang City (the 'Lease').
The Software Park Tower office of Dot VN Danang (the 'SP Tower Office')
will (i) manage the construction of the Danang City IDC; and (ii) capitalize
on Danang City's growing market of internet users and businesses that will
need to register domain names and utilize Dot VN's related service offerings.
With the signing of the Lease, the Company continues to be on target and
expects the SP Tower Office to be fully operational by the end of 2008.
'In addition to securing valuable property in Danang this past month to
build an advanced Tier III data center, Dot VN is setting up a fully
operational team to sell our domain registration and web services to the large
and underserved market in Danang City and central Vietnam,' stated Thomas M.
Johnson, Dot VN's Chairman and Chief Executive Officer.
About the Company:
Dot VN, Inc. (http://www.DotVN.com) provides Internet and
Telecommunication services for Vietnam. Vietnam Internet Network Information
Center ('VNNIC') awarded the Company an 'exclusive long term contract' to be
the first registrar to market and register its country code Top Level Domain
('ccTLD') of .VN (Vietnam) via the Internet. Dot VN has established agreements
with international ISP's (Internet service providers) along with over 73 top
domain resellers to commercialize .VN. Also, the Company is currently
developing initiatives to offer Internet Data Center services and Wireless
applications.
Cautionary Warning Regarding Forward-Looking Statements:
Statements in this press release may be 'forward-looking statements'
within the meaning of the Private Securities Litigation Reform Act of 1995.
Words such as 'anticipate,' 'believe,' 'estimate,' 'expect,' 'intend' and
similar expressions, as they relate to Dot VN or its management, identify
forward-looking statements.
