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
