SAN FRANCISCO, March 18, 2011 /PRNewswire/ -- The .XXX top level domain name (TLD) was today given final approval by the Internet Corporation for Assigned Names and Numbers (ICANN).
The approval grants ICM Registry's .XXX web suffix with the same rights as .com, .net, .co.uk and other TLDs. The only difference being that as a sponsored TLD, .XXX domain names will only be available to the adult entertainment industry. The contract will require anyone registering a .XXX domain to complete an application process endorsed and overseen by the International Foundation for Online Responsibility (IFFOR).
The introduction of .XXX provides numerous benefits. For consumers who wish to browse adult entertainment sites, it provides reassurance they are more protected from the risk of viruses, identity theft, credit card fraud and inadvertent exposure to child abuse images. It will also provide individuals and parents who wish to avoid adult entertainment sites the opportunity to filter out unwanted .XXX material.
The benefits of .XXX for online adult entertainment providers include predictable revenue streams, greater customer retention and the chance to take a proactive and responsible approach to their web presence.
Stuart Lawley, CEO of ICM Registry, the company behind .XXX, said: "ICANN's decision to give .XXX final approval is a landmark moment for the internet. For the first time there will be a clearly defined web address for adult entertainment, out of the reach of minors and as free as possible from fraud or malicious computer viruses.
"We believe consumers will be more prepared to make purchases on .XXX sites, safe in the knowledge their payments will be secure. Tens of thousands of adult entertainment website owners recognize the business benefits of .XXX and have already applied to pre-reserve over 200,000 .XXX domains."
.XXX will be regulated by IFFOR, an independent non-profit entity made up of a seven-person Policy Council, including a child protection representative, a privacy and security expert, free-speech advocates and adult entertainment industry leaders. It will be funded primarily by $10 (USD) annually from every .XXX domain registered.
Clyde Beattie, Director, IFFOR, said: "Today's announcement means IFFOR will be able to contribute programs to make a difference in protecting children online. In addition, we will be able to establish a forum for the online adult entertainment community to communicate and proactively respond to the needs and concerns of the broader internet community."
ICM Registry will offer current intellectual property owners the opportunity to reserve relevant domain names before going to the open market, enabling them to protect their brand names and intellectual property rights within .XXX.
For more information, please visit: www.icmregistry.com
For further information, please contact Jonathan Schecter at M&C Saatchi PR:
Tel: +1 646 592 3437
Notes to editors
About ICM Registry (www.icmregistry.com)
ICM Registry is the company behind .XXX. ICM Registry is a financially stable and completely independent entity with no affiliation, current or historic, with the adult entertainment industry. As a registry operator, ICM Registry will provide management, supporting infrastructure and back-end functionality.
About IFFOR (www.iffor.org)
IFFOR is a non-profit entity that will serve as the policy-making body for the .XXX extension. It is independent from ICM Registry and will have its own board of directors and Policy Council representing all stakeholders, including child safety representatives, members of the free speech community and adult entertainment industry leaders.
IFFOR will be funded primarily by $10 (USD) annually from every .XXX domain registered and will engage in various programs and activities, including:
- Promoting public awareness of technologies, programs, organizations and methods available to protect children online
- Enhancing development and proliferation of systems for labeling and identifying material
- Sponsoring approved child safety and reporting organizations
- Supporting free expression to allow Internet users' right to choose the online material they desire
SOURCE ICM Registry