Monday June 25, 10:29 am Eastern
Time
Press Release
.KIDS Domains Inc. Announces
Availability of More Meaningful Web Addresses for Children and Parents
.kids Domain Names Designed to Provide
Safe and Fun Web Experience for Children and Welcome Safeguard for
Parents
ENCINITAS, Calif.--(BUSINESS
WIRE)--June 25, 2001-- .KIDS Domains Inc. announced that Web addresses
ending in .kids (such as www.jumpstart.kids and www.primary.kids ) can
now be registered at the company's Web site, www.kidsdomains.org.
.KIDS Domains Inc. is the official registry of .kids domain names for
New.net, a domain name registry created to meet the market demand for
Web addresses with logical, easy-to-remember extensions. .KIDS Domains
Inc. is 20% owned by KwikWeb.com Inc. (OTC BB: KWEB
- news).
Founded by H. Page Howe, .KIDS Domains
Inc. is a leader in developing and delivering an exciting, relevant
and safe Internet experience to the growing number of children using
the Web. The .kids top level domain, or ``TLD'', comprises a network
of Web sites that have .kids Web addresses. The sites are built by
individuals and companies that are passionate about providing more
meaningful Web content for children and parents. .kids domain names
also ensure the availability of kid friendly content, as registrants
of .kids domain names are required to comply with the Children's
Online Privacy Protection Act (COPPA).
Additionally, .KIDS Domains screens all
.kids domain names under additional guidelines to ensure appropriate
content. The company recommends that all Web site owners and managers
rate their sites with the Internet Content Rating Association (ICRA),
located at www.icra.org
As the designated registry of .kids
domain names for New.net, .kids domain names registered through .KIDS
Domains Inc. are currently accessible to over 44 million Internet
users. All .kids domain names are available for a registration fee of
$25 per year, on a first come, first-served basis.
During the summer .KIDS Domains Inc.
plans to introduce a plug-in that will enable parents to limit their
children's browsing to .kids Web sites that provide a safe destination
for children.
About .KIDS Domains Inc.
Based in Encinitas, Calif .KIDS Domains
Inc., is a California Corporation intent on providing a powerful,
relevant, engaging and child-appropriate experience for children on
the Internet. .KIDS Domains Inc. is 20% owned by KwikWeb.com Inc. (OTC
BB: KWEB - news),
a publicly traded company. KwikWeb.com Inc. has signed a letter of
intent to purchase the remaining 80% of .KIDS Domains Inc. For more
information, please visit our Web site at www.kidsdomains.org or www.kidstld.com.
About New.net
New.net (http://www.new.net)
is building the Internet's leading market-driven domain name registry
business by selling domain names with logical, easy-to-remember
top-level extensions that make the Internet easier to navigate.
Headquartered in Pasadena, Calif., the company was started in May 2000
by idealab!, a leading Internet incubator. Since that time, New.net
has developed proprietary technology that allows its domain-naming
system to exist alongside the traditional naming systems currently in
use on the Internet. New.net's domain names are currently accessible
by over 44 million Internet users worldwide. ISP partnerships struck
in the UK will soon bring this figure to 50 million users worldwide.
About KwikWeb.com Inc.
KwikWeb.com is an Internet holding
company engaged in the business of providing domain-name registry
operations and services, operating consumer information portals on the
Internet, and providing facilities management services for commercial
real estate owners. KwikWeb.com operates through its wholly-owned
subsidiaries, Internet Properties Development Corp. and Faciliforce
Inc., and its majority-owned subsidiary, Basic Fusion Inc. KwikWeb.com
also seeks to develop and incubate emerging Internet-based businesses.
It currently owns minority interests in .KIDS Domains Inc., Minority
Business Alliance LLC and KwikCommerce Inc.
This release contains forward-looking
statements, which are made pursuant to the safe-harbor provisions of
the private securities litigation reform act of 1995. Expressions of
future goals and similar expressions reflecting something other than
historical fact are intended to identify forward-looking statements,
but are not the exclusive means of identifying such statements. These
forward-looking statements involve a number of risks and
uncertainties, including (i) all of the risks and uncertainties
associated with a start-up business; (ii) the Company's present lack
of capital and its ability to obtain capital as needed; (iii) intense
competition for Internet products and services; (iv) the timely
development and market acceptance of the Company's products and
technologies; and (v) the successful integration of acquisitions and
lines of business. The actual results that the Company achieves may
differ materially from any forward-looking statements due to such
risks and uncertainties. The Company undertakes no obligations to
revise or update any forward-looking statements in order to reflect
events or circumstances that may arise after the date of this release.
Contact:
.KIDS Domains Inc., Encinitas
Matthew Hayes, 760/436-5436
