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Hi-Tek Multimedia Receives Award From Vietnamese Govt. for Development of Vietnamese Native Language Domain Names
GlobeNewswire 2011-12-28
SAN DIEGO, Dec. 28, 2011 (GLOBE NEWSWIRE) -- Dot VN, Inc.,
(http://www.dotvn.com) (OTC Trading Symbol:DTVI), an Internet and
Telecommunications Company and the exclusive online global domain name
registrar for the Country of Vietnam ("the Company" or "Dot VN"),
announced today that the Company's wholly owned subsidiary Hi-Tek
Multimedia, Inc. ("HMI") received an award from the Vietnam Internet
Network Information Center ("VNNIC") for the successful re-launch and
wide spread adoption of the Vietnamese Native Language Domain Names.
The award was presented to HMI at the annual year-end conference held
by the Ministry of Information and Communications of Vietnam and VNNIC.
Pictures of the award are available on our web site at www.dotvn.com.
Since its re-launch on April 28, 2011, Vietnamese Native Language
Domain Name registrations have exceeded 550,000 in 8 months. By
comparison, standard Vietnamese domain names, which have been available
for wide spread registration since 2003 currently number only 253,319.
"We are very pleased with the massive adoption of the Vietnamese
Language Domain Name and are focused on developing additional products
and services to increase the functionality and use of the native
language domain names," said Dot VN Co-Founder and President, Dr. Lee
Johnson. "As we head into 2012, we will look to increase the reach of
the Vietnamese Native Language Domain Name and build a robust network
of linked websites and pages."
About Dot VN:
Dot VN, Inc. (www.DotVN.com) provides innovative Internet and
Telecommunication services for Vietnam and operates and manages
Vietnam's premier online media web property, www.INFO.VN. The Company
is the "exclusive online global domain name registrar for .VN (Vietnam)
and the recently launched Vietnamese Native Language Internationalized
Domain Names (IDNs)." Dot VN is the sole distributor of Micro-Modular
Data Centers(TM) solutions and E-Link 1000EXR Wireless Gigabit Radios
to Vietnam and Southeast Asia region. Dot VN is headquartered in San
Diego, California with offices in Hanoi, Danang and Ho Chi Minh City,
Vietnam. For more information, visit www.DotVN.com.
Forward-Looking Statements:
Statements in this press release may be "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of
1995. Words such as "anticipate," "believe," "estimate," "expect,"
"intend" and similar expressions, as they relate to Dot VN or its
management, identify forward-looking statements. These statements are
based on current expectations, estimates and projections about Dot VN's
business based, in part, on assumptions made by management. These
statements are not guarantees of future performance and involve risks,
uncertainties and assumptions that are difficult to predict. Therefore,
actual outcomes and results may, and probably will, differ materially
from what is expressed or forecasted in such forward-looking statements
due to numerous factors, including those described above and those
risks discussed from time to time in Dot VN's filings with the
Securities and Exchange Commission. Factors that could materially
affect these forward-looking statements and/or predictions include,
among other things: (i) our limited operating history; (ii) our ability
to pay down existing debt; (iii) unforeseen costs and expenses; (iv)
potential litigation with our shareholders, creditors and/or former or
current investors; (v) Dot VN's ability to comply with federal, state
and local government regulations in the US and foreign countries; (vi)
Dot VN's ability to maintain current agreements with the government of
Vietnam and enter into additional agreements with the government of
Vietnam; and (vii) other factors over which we have little or no
control. In addition, such statements could be affected by risks and
uncertainties related to product demand, market and customer
acceptance, competition, pricing and development difficulties, as well
as general industry and market conditions and growth rates and general
economic conditions. Any forward-looking statements speak only as of
the date on which they are made, and Dot VN does not undertake any
obligation to update any forward-looking statement to reflect events or
circumstances after the date of this release. Information on Dot VN's
website does not constitute a part of this release.
CONTACT: Thomas M. Johnson, Chairman and CEO
Dot VN, Inc.
Phone: 858-571-2007 x14
Email: Inquiries@DotVN.com
Website: www.DotVN.com, en.www.INFO.VN
Register your ".vn" domains at: www.VN
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