BulkRegister reacts to ICANN-VeriSign Settlement Approval

["Kent Streeb" <kent@xxxxxxxxxxxxx>]

Below is BulKRegister's reaction to ICANN's approval yesterday evening of its 
agreement/settlement with VeriSign. If you would like to speak directly with 
our executives about this highly important issue, feel free call (530/908.9225) 
or email me.  Thank you. 

"We implore Congress to reject the ICANN-VeriSign settlement outright.  Domain 
prices for consumers should be going down, not up.  An agreement on the .com 
registry should be motivated by what's right for the entire Industry, not a 
lawsuit and averting further litigation.  VeriSign's lawsuit should not serve 
as a negotiating chip that it can use to pressure ICANN into deal.  VeriSign is 
likely to net more than $3 billion from this agreement while consumers suffer 
higher domain prices without any justification from VeriSign for the increases. 
 An additional affront is permitting VeriSign to automatically renew its 
management of the .com registry in 2012 without any review or an open 
competitive rebidding process -- something every other registrar must do -- 
which is anathema to a free market.  This is a bad deal for consumers, and it 
is unfair to registrars."
 
Eric Rice
General Manager, BulkRegister
Phone: 410-234-3318
erice@xxxxxxxxxxxxxxxx
 

About BulkRegister
One of the oldest and largest registrars, BulkRegister (www.bulkregister.com) 
was founded in 1999, is accredited by ICANN, and is the world's leading B2B 
domain name registrar, offering wholesale prices and industry-leading customer 
service to their enterprise members and extensive reseller network.  
BulkRegister never competes with its members and does not advertise its 
products to the retail community.  BulkRegister provides a full suite of domain 
name services, and secure portfolio management to a global network of over 
35,000 members including Global 2000 businesses, resellers, not-for-profit 
organizations, and legal professionals in the IP/trademark practice areas.  
Thanks to an aggressive product development and release timeline, BulkRegister 
ensures its reseller and corporate members have the necessary services to 
increase and protect online revenue. BulkRegister provides all of its members 
with the highest level of human customer support, response time guarantees and 
automated management tools, allowing for greater efficiency and convenience.  
BulkRegister can be reached at 10 East Baltimore Street, Baltimore MD, 21202, 
by phone at 877-841-6827 or online at www.bulkregister.com.