Mr. Elliot Noss reports

RADIX ASSUMES FULL OWNERSHIP OF .ONLINE

Radix has reached an agreement with auction partners Tucows Inc. and Namecheap to assume full ownership and operation of the .online top-level domain.

Radix has already launched some of the most recognizable new gTLDs (generic top-level domains) with .website, .host, .press and .space. With .online, it now owns the first truly generic, truly global, viable alternative to .com.

On-line is the most commonly used word to end domain names, with over 550,000 .com domain names today ending with the word on-line. In addition, the .online extension has been amongst the top-most preregistered names across registrars.

Tucows, the leading wholesale registrar, and Namecheap, one of the most popular retail registration services, will both continue to work closely with Radix as marketing and distribution partners. The three companies represent a formidable supply chain from registry to registrar to retailer, with the potential to deliver .online to tens of millions of small businesses around the world.

But Radix emerged as the party with the greatest focus on operating a registry.

"We began this partnership and this bid process way back in spring 2013," explained Tucows chief executive officer, Elliot Noss. "Since then, we have discovered a winning strategy that combines great execution on our domains business and investment for growth on our Ting telecom business. Namecheap, likewise, has increased its singular focus on delivering an outstanding retail domain name experience."

Mr. Noss continued: "Meanwhile, Radix has emerged as one of the most ambitious and capable domain name registries in the world. We still believe that .online has huge potential as a fresh alternative to .com. We are confident that Radix is the right company to run it, and both Tucows and Namecheap are thrilled to play our rightful part in its success."

Radix CEO, Bhavin Turakhia, concluded simply: "The initial response to new gTLDs has been fantastic, and .online has far greater potential than anything we or anyone else has launched to date. We are delighted to call it ours."

The terms of the final agreement between the three parties are not disclosed.

About Radix FZC

Radix is an active participant in ICANN's process to expand the Internet naming system and introduce new, meaningful Internet addresses. Radix is Asia's largest new gTLD applicant under this program, with applications to operate 20 suffixes including .web, .music, .blog and .shop. The company has invested over $30-million in securing licences to operate these new extensions, and expects to play a large role in the global diversification of the Internet name space.

About Namecheap

Namecheap is a Los Angeles-based, ICANN-accredited domain registrar, founded in 2000 by CEO, Richard Kirkendall. With over four million domains under management and two million direct customers, Namecheap is one of the top domain registrars and Web-hosting providers in the world.