Tag Archives: ICM Registry

MMX Sees Their New gTLD Registrations Up More Than A Third in 12 Months

Minds + Machines (MMX) have started 2019 on a high with the release of a company update last week for the year to the end of 2018. During the 12 month period domain registrations were up 38% to 1.84m year-on-year with steady growth since the year-end 31 December 2018. This includes around 1.65 million for their 30 new gTLDs. The rest of the registrations would be for the 4 gTLDs MMX acquired from ICM Registry: .sex, .adult, .porn and .xxx.

Billings were up 129% year-on-year due to a combination of the first time ICM contribution and a significant increase in billings from China, up over 40% year-on-year, greatly helped by .luxe registrations and healthy ongoing .vip sales. Meanwhile, .law and MMX’s US portfolio are also performing well, up over 9% when compared to the same period last year with Germany 6% ahead of last year.

“The momentum we are generating in the industry is now being reflected not just in our numbers but by the calibre of individuals and partners now wishing to work with the Group,” said Toby Hall, CEO of MMX. “We very much look forward to the positive start to the year continuing throughout the full year and the increased flexibility that potentially provides as evidenced through the early retirement the London & Capital facility.”

Separately, the Company Update reports ICM has now completed its first annual renewals cycle on its main property as part of the Group, with renewal rates ahead of management expectations at 91%. Encouragingly, the company notes new registrations within ICM year-to-date are trending ahead of the same period last year reflecting initiatives that have been put in place since ICM was acquired by MMX to drive new registrations and usage of ICM properties.

As part of the .luxe R&D project, which looks to provide a standardised naming convention for blockchain addresses, MMX announced it is now working with the lead developers of the Namecoin blockchain and XAYA platform to develop an easy-to-use naming solution that will integrate human readable .luxe addresses with bitcoin alphanumeric addresses in a fully secure and decentralised fashion that broadly mirrors their .luxe Ethereum naming solution that successfully launched in Q4 2018. As a result, it will be possible to securely associate memorable .luxe names not just to Ethereum alphanumeric addresses but also to bitcoin alphanumeric addresses, such as an individual’s bitcoin wallet, as well as potentially use .luxe names within the XAYA decentralised gaming universe. It is expected the .luxe bitcoin naming service will go live in H2 2019.

MMX also announced a couple of key appointments: Christa Taylor as the Group’s Chief Marketing Officer and Daniel Schindler, co-founder of Donuts Inc, as a Special Advisor focusing on the monetisation of the Group’s premium inventory in the North American and European markets.

Financially, year-end cash balances stood at $10.4 million. Since the year end, MMX has seen encouraging cash generation following the strong trading in the renewal season in Q4 and a favourable resolution of the .cpa and .gay contention sets. Including an initial repayment of $700k having been made in January on the London & Capital facility, cash balances as at 25 February 2019 have increased to $11.9 million. Coupled with the encouraging start to the year and a positive trading outlook, the entirety of the outstanding debt of $2.3 million under the London & Capital facility will be repaid early in March 2019, leaving the Company debt free.

Public Interest Registry joins the Internet Watch Foundation

Public Interest Registry has joined the Internet Watch Foundation as a Member, in a move which reinforces its commitment to protecting billions of internet users and the child victims of disturbing sexual abuse images and videos.

As the operator of .org, .ngo and .ong domain names, Public Interest Registry has over 10 million domains under management globally. By joining the IWF, Public Interest Registry is helping to further prevent the spread of child sexual abuse content.

PIR joins other registry operators such as Nominet, Afilias, Donuts (along with Rightside who they took over in 2017), ICM Registry (recently taken over by Minds + Machines), Dot London, webhost and registrar Names.co.uk as well as DNS Filter and Linx – the London Internet Exchange, who are all among the 130 members of the organisation that works internationally to make the internet safer by removing images of child sexual abuse.

Though a small organisation, Public Interest Registry, which is based in Reston, Virginia, operates popular domains that the world counts on to be platforms for the public interest. Its values have been echoed in this important move to join the IWF.

“The IWF represents the companies that are defining how the world tackles online child sexual abuse,” said Susie Hargreaves OBE, IWF CEO.

“With 137 organisations joined up as Members of the IWF, we now have more Members than ever before. These companies include some of the giants of the internet world, through to smaller filtering companies. What unites them, is their commitment to do the right thing.

“We can’t thank Public Interest Registry enough for joining us as a Member. It means that so many more domain names are now protected from child sexual abuse content. In turn, this is protecting billions of users of websites on these domains, as well as the victims themselves.”

“IWF’s global mission to eliminate online child sexual abuse imagery is among the most important work being done on the internet,” said Elizabeth Behsudi, Vice President and General Counsel at Public Interest Registry.

“Public Interest Registry is committed to making the .org domain space a safe and trusted environment for everyone. We are proud to work with the IWF and support the incredibly important services they provide.”

MMX To Acquire ICM Registry

Minds + Machines Group (MMX), registry for 27 new gTLDs with around 1.4 million registrations, has announced it is acquiring ICM Registry, the registry for gTLDs such as .xxx and .porn, which has around 100,000 registrations.

The acquisition will see MMX acquire the entire membership interests of ICM Registry LLC, a US company, for a cash payment of $10.0 million, funded from the Company’s existing cash reserves, and a total of 225,000,000 new Ordinary Shares with an equivalent value of approximately $31.0 million. The Acquisition is conditional on receiving approval from ICANN.

ICM, a Florida based company, is the owner of 4 top level domains – .xxx, porn, .adult and .sex. In its tax filings for the 12 months ended 31 December 2017, ICM reported net sales of $7.27 million and net income of $3.5 million, from approximately 100,000 registrations. In 2017, approximately 78% of revenue was renewal based and approximately 14% was generated from premium sales.

The acquisition will see MMX dealing with 2 backend registry providers – Nominet for MMX’s current new generic top level domains and Afilias for ICM’s.

“We are delighted to have entered this agreement. We expect the Acquisition to be earnings enhancing in the current year and believe it will deliver scale, strong recurring revenues and positive working capital to the Company in 2018 and future years,” said Toby Hall, CEO of MMX. “Further, it will strengthen the quality of our revenues, both accelerating MMX’s already fast-growing renewal base and improving the geographic make-up of our sales, given ICM’s revenues are primarily derived from the US and Europe. We see this transaction as a major step forward in our ambition to introduce a progressive dividend policy over the next 18 months.”

According to a news release from ICM Registry, their current CEO is leaving working in the domain name business and will work on his blockhain based Age Verification business AVSecure.com, according to Domain Investing.

“Having successfully built and sold several technology businesses throughout my career in other consolidating markets, it became clear over the last few years that ICM’s business, shareholders and employees would be best served as part of a larger group with the corresponding resources, vision, opportunities and obvious cost savings that would bring,” said Lawley in a statement.

“I strongly believe ICM’s shareholders, customers and employees will be well served by this acquisition; MMX has a very dynamic management team. We received 4 offers in total for the business, some all cash and others a mixture of cash and stock. After lengthy, detailed negotiations and due diligence with the interested parties, the arrangement with MMX was clearly the best fit.”

Lawley will be a significant shareholder in MMX, will see Lawley will become the largest shareholder in MMX with a holding just over 15% and as part of the transaction, the 5 remaining senior managers of ICM will all have meaningful stock holdings in MMX.

Separately, MMX has entered into a Facility Agreement with a vehicle associated with its substantial shareholder, managed by London and Capital Asset Management Ltd, which is beneficially interested in approximately 16.03 per cent of the current issued share capital of the Group. The $3.0 million working capital facility, for draw-down at the Company’s calling post completion of the Acquisition, is available to support future innovation and acquisition orientated activity.

Also on Friday, the day of the acquisition announcement, MMX released their financial results for 2017. For domain names, the highlights they released were:

  • Industry leading renewal rates achieved for .vip in China
  • Successful renewal seasons completed in US and Europe across portfolio
  • Domains under management grown 61% in year to 1.32million (2016: 821,000)
  • MIIT approval gained for .law, .购物(shopping), .work, and .beer for future potential release in China
  • .boston launched in US
  • Process of re-balancing regional revenue mix begun: US revenues increased 14% to 32% of total 2017 revenue (2016: 28%), Europe’s grown 7% to 15% (2016: 14%), and China’s decreased 9% to 53% (2016: 58%), management expects this trend to continue in 2018.

In 2018, MMX has appointed strategic partners in China to spearhead the development of .law and . 购物.

Dirty Deed: URS Coming to .XXX by Philip Corwin, Internet Commerce Association

Internet Commerce Association logoICANN Global Domain Division (GDD) staff are at it again, engaging in top down policy decision-making through contract negotiations with older registries that pre-date the new gTLD program. The latest example is the announcement of a “Proposed Amendment to .XXX Registry Agreement to Transition to New Fee Structure and to Adopt Additional Safeguards” that would provide the adult content gTLD with an 87% percent reduction in its per transaction registry fees to ICANN — in exchange for implementing Uniform Rapid Suspension (URS) and other unidentified rights protection measures (RPMs).

We’ve seen this dirty movie before. Back in 2015 ICANN announced that the negotiated renewal registry agreements (RAs) for .Cat, .Travel and .Pro would all contain the URS because GDD staff had made the policy decision that legacy gTLD RAs should be “consistent” with the new gTLD RA. That position was adopted even though the new gTLD RPMs had been established as provisional implementation details, and the question of whether they should become Consensus Policy applicable to legacy gTLDs was to be explored and decided upon in the proper, bottom up consensus fashion by a then-pending working group (WG) to review all RPMs (that WG since launched in spring 2016).

That 2015 imposition of the URS via contract negotiations was overwhelmingly opposed by those who commented on the proposed RA. For example, the Electronic Frontier Foundation (EFF) weighed in with a letter taking the position that “ICANN should not apply URS to the .travel domain, or to any additional domains, by the unaccountable means of staff inserting new conditions into the renewal of the registry operator’s contract. Rather, the public policy implications of such a move demand that a full PDP be undertaken first.”

When GDD staff published the Report of Public Comments on .Travel in July 2015, it addressed the controversy with this self-exculpatory rationale:

Although the URS was developed and refined through the process described here, including public review and discussion in the GNSO, it has not been adopted as a consensus policy and ICANN staff has no ability to make it mandatory for any TLDs other than those subject to the new gTLD registry agreement. Accordingly, ICANN staff has not moved to make the URS mandatory for any legacy TLDs, and it would be inappropriate for staff to do so. In the case of .TRAVEL and other legacy TLD registry agreement renewals (.JOBS) and proposed renewals for .CAT and .PRO registry agreements, inclusion of the URS was developed as part of the proposal in bilateral negotiations between the registry operator and ICANN. (Emphasis added)

GDD subsequently approved the three revised RAs with the URS included. In response, ICA as well as ICANN’s Business Constituency (BC) and Non-Commercial Stakeholder Group (NCSG), appealed the decision by filing formal Requests for Reconsideration. ICANN’s Board finally acted on those requests in February 2016, in a decision stating:

The Requesters’ claims do not support reconsideration. The inclusion of the new gTLD RPMs in the Renewed Registry Agreements is part of the package of agreed-upon terms resulting from the bilateral negotiations between ICANN and each registry operator, and not, as Requesters claim, a “unilateral decision by ICANN contractual staff.” … the Board’s approval of the Renewal Registry Agreements[s] for .CAT, .PRO, and .TRAVEL] is not a move to make the URS mandatory for any legacy TLDs, and it would be inappropriate to do so.

The Board’s rationale requires the suspension of disbelief that a legacy registry operator can “voluntarily” agree to accept a new gTLD RPM that is proposed by GDD staff in exchange for an alteration of its RA that the registry operator believes is essential for the successful and more profitable operation of the registry. Of course, there is no way to know exactly what occurs during such negotiations, as they are closed door proceedings. And in the instance of the proposed .XXX amendment, there is also no way to know if GDD staff took an initial negotiating position urging adoption of provisions of the new gTLD registry contract, since the Announcement is conspicuously silent in providing any explanation of who broached the subject. But there’s no reason to believe that GDD has ever backed away from its consistency viewpoint, and urging supplicant registries in need of RA changes to adopt URS seems awfully close to a mandate. So add lack of transparency to deliberate interference in the policymaking process.

In the present instance, ICM Registry was laboring under a $2 per domain transaction fee imposed by ICANN in 2011 to “account for anticipated risks and compliance activities”. Those risks and activities never materialized at .XXX in any significant way, and ICM has since launched the new gTLDs of .Porn and .Sex paying only the standard $.25 transaction fee. As the request for public comment on the proposed changes states:

In February 2016 and pursuant to Section 4.3 of the .XXX Registry Agreement, ICM requested to engage in good faith negotiations regarding possible changes to the terms of the Agreement, including, without limitation, to Section 7.2 regarding fees and payments to ICANN. ICM’s request is that ICANN amend the .XXX Registry Agreement to lower the per transaction registry fee from $2.00 per transaction to the per transaction fee contained in the new gTLD Registry Agreement.

The proposed Amendment to the .XXX RA states in part:

  1. A new Section 3.1(i) is hereby added to the Agreement as follows: “(i) Protection of Legal Rights of Third Parties. Registry Operator must specify, and comply with, the processes and procedures for registration-related ongoing protection of the legal rights of third parties as set forth Appendix 8 attached hereto (“Appendix 8”). (Emphasis added)

And that Appendix 8 reads as follows:

.XXX AGREEMENT APPENDIX 8 MINIMUM REQUIREMENTS FOR RIGHTS PROTECTION MECHANISMS

  1. Rights Protection Mechanisms. Within 30 days following the first Registry Level Transaction Fee Adjustment Approval Date, Registry Operator shall implement and adhere to the rights protection mechanisms (“RPMs”) specified in this Specification. In addition to such RPMs, Registry Operator may develop and implement additional RPMs that discourage or prevent registration of domain names that violate or abuse another party’s legal rights. Within 30 days following the first Registry Level Transaction Fee Adjustment Approval Date, Registry Operator will include all RPMs required by this Appendix 8 and any additional RPMs developed and implemented by Registry Operator in the registry-registrar agreement entered into by ICANN accredited registrars authorized to register names in the TLD.
  2. Dispute Resolution Mechanisms. Within 30 days following the first Registry Level Transaction Fee Adjustment Approval Date, Registry Operator will comply with the following dispute resolution mechanisms as they may be revised from time to time:
  3. the Trademark Post-Delegation Dispute Resolution Procedure (PDDRP) adopted by ICANN (posted at www.icann.org/en/resources/registries/pddrp). Registry Operator agrees to implement and adhere to any remedies ICANN imposes (which may include any reasonable remedy, including for the avoidance of doubt, the termination of the Registry Agreement pursuant to Section 6.1(a) of the Agreement) following a determination by any PDDRP panel and to be bound by any such determination; and
  4. the Uniform Rapid Suspension system (“URS”) adopted by ICANN (posted at www.icann.org/en/resources/registries/urs), including the implementation of determinations issued by URS examiners. (Emphasis added)

We in no way fault ICM Registry for pursuing a reduction in registry fees that were eight times the standard rate. We do fault GDD staff for once again pursuing policy changes though RA negotiations – as well as ICANN’s Board, which ignored the community’s protests over interference in the policy process and blessed this unsavory practice last year.

ICA will of course file a protesting comment letter by the deadline, but we are under no illusions on the outcome. Staff will again maintain that the proposed RA resulted from balanced and bilateral negotiations and that all provisions were voluntarily acquiesced to — and if asked again, the Board will almost surely back them.

Fortunately, GDD staff will not have the same opportunity in regard to .Com in this decade, as the recent ICANN Board approval of that RA’s extension through 2024 should assure that the RPM Review WG will be the body that decides whether and in what form the URS will come to .Com and other major legacy gTLDs. Assuring that the standard policy process would apply to .Com was a significant reason for ICA’s non-objection to that RA extension, and that assurance seems even more valuable after the publication of the proposed .XXX amendment.

This article by Philip Corwin from the Internet Commerce Association was sourced with permission from:
www.internetcommerce.org/urs-coming-to-xxx/

ICM Registry Releases Over 10,000 Premium Sex And Porn New gTLD Domains

XXX PORN ADULT SEX gTLDs logoICM Registry has released additional domains across the four gTLDs it operates – .xxx, .porn, .adult and .sex, taking the total number of premium domains released to 10,296. Prices for the domains still available range from $475,000 for tube.porn to $,1860 for a wide selection of domains across the four gTLDs.

But many of the premium domains are listed as sold on the ICM website. Not only are there premium prices attached to the domains. Registration fees also attract a premium with ICM noting they start from $149 per year.

For more information, see the Premium Domain Names section on the ICM Registry website here.

SEX Sells! .Sex Now Open for Business

XXX PORN ADULT SEX gTLDs logo[news release] ICM Registry, the registry operator for the .XXX, .PORN, .ADULT and .SEX TLDs, announces the launch of its general availability period for .SEX. 

Domain names in all of ICM Registry’s extensions are now available for public purchase. Interested parties can buy available names through registrars listed at: icmregistry.com/registrars/.

“With over 20,000 names registered in our new adult TLDs this year and over 4,000 names registered during our special launch programs for .SEX, there is clearly a strong interest in these extensions,” said Stuart Lawley, Chairman and CEO of ICM Registry. “Considering the success of our previous launch phases, we’re looking forward to .SEX becoming accessible to the general public.”

ICM Registry offers adult-industry keyword names as a part of its ongoing Premium Program, including two character premium names in .PORN, .ADULT and .SEX.  For the adult industry, premium keywords are now on both sides of the dot in a domain name.

“With porn, adult, sex and xxx keywords searched over 300 million times per month, now is the perfect time to get names that help drive traffic to these exciting domain extensions. Our extensions bring opportunities for creative brands and companies to experiment with new marketing initiatives and sites by capitalizing on the SEO inherent in our TLDs,” continued Lawley. “Its also a great time to ensure brand consistency throughout all our extensions.”

For the first time ICM Registry is making internationalized domain names (IDNs) available as second level names in all of its TLDs. Domain names in over twenty languages and scripts from around the world, including German, Spanish, Russian, Japanese, Korean and Chinese are now available for global registration.

ICM Registry created an easy to use, free resource to help brand owners and users ascertain whether a name is available in their adult-related TLDs, as well as throughout new TLDs in general. Visit ICM Registry’s Domain Check Tool to check the status of domain names across ICANN’s TLD Program.

About ICM Registry
ICM Registry, headquartered in Florida, is the registry operator for the .XXX TLD, .PORN, .ADULT and  .SEX.

This news release was sourced from:
www.icmregistry.com/media/press/?article=60

Get Ready For .SEX

dotSEX logoThe .sex gTLD has entered its Trademark Clearinghouse Sunrise period, which runs from 1 September to 1 October, ICM Registry has announced.

The TMCH Sunrise is for trademarks and brands who have registered their marks with the Trademark Clearinghouse.

Then on 5 October the Sunrise B/Domain Matching period will commence, running until 30 October. This is for anyone that has either participated in the .XXX Sunrise B Program in 2011 or has a registered .XXX domain name as of 1 October, 2015. Registrants eligible have a priority opportunity to register available, matching names in .SEX.

And then on 4 November anyone interested in purchasing a .SEX domain name can register one. No pre-eligibility requirements or prior registrations are necessary.

ICM Registry Gets 4,000 Registrations Each For .PORN And .ADULT In Sunrise

Around 4,000 domains were registered in the Sunrise B period for both the .porn and .adult gTLDs ICM Registry announced Thursday.

The Sunrise numbers are more than any of the 350 or so gTLDs have achieved to have completed their Sunrise periods and entered General Availability. The most Sunrise registrations any gTLD has achieved to date is reportedly around 350.

According to a report in The Domains, the average registration period was for 2.5 years.

The Sunrise B period ran from 6 to 30 April and was designed for trademark owners who participated in the 2011 .XXX Sunrise B block. It gives these marks owners a priority opportunity to register matching domain names in .PORN and .ADULT before the names become generally available.

There will now be a second programme – Domain Matching – that will run from 6 to 31 May. This programme was designed for existing adult industry and non-adult industry .XXX domain owners. It provides a priority opportunity to register available, matching names in .PORN and .ADULT before those names can be bought by the general public. “It is critical to control your brand across multiple TLDs,” Stuart Lawley, CEO of ICM Registry, said in April.

“Mainstream and adult brands that participated in the .XXX launch a few years ago were among the first to recognize the strategic impact of new TLDs. Participating in the launch programs for .PORN and .ADULT is an opportunity to achieve cost-effective brand consistency throughout our TLDs.”

“Our launch programmes and promotional fees are designed to provide adult and non-adult brands a way to test out creative ideas and maximise the SEO inherent in our TLDs. With ‘porn,’ ‘adult’ and ‘xxx’ as some of the leading keywords searched online, it’s a perfect time to experiment with new marketing initiatives and new sites (e.g., food.porn, shoe.porn, yourbrand.porn, yourproduct.adult, etc.).”

ICM Registry Announces How To Get Priority Entry Into .PORN and .ADULT

ICM Registry XXX launch logo[news release] ICM Registry, the registry operator for the .XXX, .PORN, and .ADUL TLDs, announces the launch of several promotional programs and discounted pricing opportunities occurring in April and May.

The first program – Sunrise B – started on April 6 and ends on April 30. This program is designed for trademark owners who participated in the 2011 .XXX Sunrise B block. It gives these marks owners a priority opportunity to register matching domain names in .PORN and .ADULT before the names become generally available.

The second program – Domain Matching – will run from May 6 to May 31. This program was designed for existing adult industry and non-adult industry .XXX domain owners. It provides a priority opportunity to register available, matching names in .PORN and .ADULT before those names can be bought by the general public. “It is critical to control your brand across multiple TLDs,” said Stuart Lawley, CEO of ICM Registry.

“Mainstream and adult brands that participated in the .XXX launch a few years ago were among the first to recognize the strategic impact of new TLDs. Participating in the launch programs for .PORN and .ADULT is an opportunity to achieve cost-effective brand consistency throughout our TLDs.”

In addition to special promotional pricing available for the various .PORN and .ADULT launch programs described above, ICM is also announcing a sale on .XXX names. Throughout the month of April parties can register new .XXX names at participating registrars for significantly reduced amounts; some registrars are offering names for as low as $12.99. .XXX names typically sell at $79 and upwards, depending on the registrar.

Lawley added, “Our launch programs and promotional fees are designed to provide adult and non-adult brands a way to test out creative ideas and maximize the SEO inherent in our TLDs. With ‘porn,’ ‘adult’ and ‘xxx’ as some of the leading keywords searched online, it’s a perfect time to experiment with new marketing initiatives and new sites (e.g., food.porn, shoe.porn, yourbrand.porn, yourproduct.adult, etc.).”

To check the status of domain names you are interested in, visit ICM Registry’s Domain Check Tool (www.icmregistry.com/domaincheck/).

To buy a .XXX, .PORN or .ADULT name visit one of the participating registrars (www.icmregistry.com/registrars/).

About ICM Registry
ICM Registry, headquartered in Florida, is the registry operator for the .XXX TLD. ICM Registry launched .PORN and .ADULT in March and will be launching the .SEX TLD in the fall of 2015.

This ICM Registry announcement was sourced from:
www.icmregistry.com/media/press/?article=58

ICM Registry Cuts Fee For .XXX During April

ICM Registry XXX launch logoICM Registry today announced a price cut for .xxx domain names created in April.

Domain purchasers, from April 1-30, can purchase new, one-year .xxx registrations for $12.99. The .xxx names purchasers buy during the promotional period are eligible for participation in the upcoming .porn and .adult Domain Matching Program.

The Domain Matching Program starts on May 6 and runs through May 31. It is a special program designed specifically for .xxx domain holders. The Domain Matching Program gives .xxx domain owners a priority registration opportunity to register available, exact match names in .porn and .adult before those names are offered to the general public. .xxx domain holders as of April 30 are eligible to participate in the .porn and .adult Domain Matching Program.

ICM Registry Director Steve Winyard said that the price of its .porn and .adult names will be substantially reduced during the Domain Matching Program and that .xxx registrants can buy .porn and .adult names for $12.99. “Check with your registrar directly about pricing as some are offering irresistible package deals for .xxx, .porn and .adult names,” he said. The word ‘porn’ has always been one of the most searched terms on the Internet and it is now a TLD, Winyard said.

“There are amazing opportunities for SEO and exact match domain phrases in these new TLDs. .porn and .adult can easily be as successful as, if not more successful than, .xxx,” he said. “With our promotional, low-price offers, adult site owners have plenty of time to test these new extensions and build profitable sites.”  ICM Registry is launching .sex later this year and plans to offer similar domain matching opportunities for the .sex launch, he said. “With so many new TLDs on the market, it’s refreshing to know that all four of our TLDs are powerhouses that clearly identify the content, products and services available,” he said. “Consumers are becoming more aware of the significance of the words to the right of the dot and for site owners, the innovation, ROI and SEO opportunities in our new TLDs bring next level excitement.”

This ICM Registry news release was sourced from:
www.icmregistry.com/media/press/?article=57