Nasdaq GlobeNewswire

The DigitalTown SmartWeb

Del

Building a global consumer Internet that is Intuitive, Personalized and Secure

 

SEATTLE, Feb. 13, 2018 (GLOBE NEWSWIRE) --  DigitalTown, Inc. (OTC:DGTW), the leading provider of People-centric Solutions for Smart Cities, provided a condensed update on the status of the SmartWeb initiative and the start of Blockchain tokenization of the Company's domain name portfolio.

In May 2017, DigitalTown launched an initiative called SmartWeb to make an Internet that is more intuitive, personalized and secure through the use of the new descriptive domain name extensions. Developed in cooperation with selected ICANN-accredited registries, each network of descriptive domain names is paired with an intuitive software platform that is connected through one single login that works across the entire network using a unified SmartWallet for managing shared services such as identity, preferences and payments. Each platform is designed to support Blockchain-based shared ownership and shared governance.

.CITY Network
The .CITY network is the flagship of DigitalTown. The company currently controls 13,742 development-grade .CITY domains that map to major population centers around the world. The DigitalTown City platform provides a web-based SmartSearch engine where residents and visitors search, connect, share and shop local. The web platform integrates with mobile applications for iOS and Android that can be branded in the identity of each city. Austin.city will be featured at the South by Southwest (SXSW) festival starting March 9 in Austin, Texas.

.LAW Network launches as Got.Law
One of the first vertical initiatives of DigitalTown was the legal vertical. This was made possible through the acquisition of the assets of JustLegal in November 2017. DigitalTown controls 3,441 .LAW domains mapping to major population centers with legal economies, e.g. Denver.Law and is currently rolling out legal service provider discovery portals in cooperation with independent attorneys and local Bar associations under the umbrella brand Got.Law. By using the Got.Law platform consumers can schedule appointments, complete live video consults, and pay lawyers.

.MENU Network launches as Smart.Menu
DigitalTown has partnered with the .MENU registry to create Smart.Menu, a turn-key platform that equips any provider of prepared foods with the ability to create an interactive and searchable Smart.Menu portal, including the ability to search down to the ingredient level. Patrons can also use the platform to book tables and place online orders with participating restaurants. Smart.Menu currently maintains searchable menus for 1.6 million restaurants.

.BIBLE Network launches as Your.Bible
Developed in cooperation with the American Bible Society (ABS), the oldest and largest Bible society in the United States, DigitalTown's Your.Bible software platform empowers ministry organizations to produce easy to use websites for content and transactions.  The platform was released in January and is being marketed by ABS.

.FASHION Network
Currently in the concept stage, the planned development seeks to connect local consumers with peer-to-peer fashion marketplaces where they can rent and purchase used and new fashion directly from local providers. DigitalTown controls 5,464 .FASHION domains that map to major population centers. The platform is expected to launch under the umbrella brand name My.Fashion.

.FIT Network 
Currently in concept stage, the planned development seeks to connect local consumers with fitness professionals in their community for online scheduling and purchase of personal training services and fitness centers. As of February 2018, DigitalTown owns 5,699 .FIT domains, mapping to major population centers. The platform is expected to launch under the umbrella brand name Get.Fit.

.SHOP Network 
Currently in development, Smart.Shop enables merchants to activate their own branded merchant portal using the .SHOP domain extension. Consumers are able to search for products across multiple online storefronts and place orders using their SmartWallet on a single login. The platform is currently in development in cooperation with the .SHOP registry, with a pilot operating in London.

.WEDDING Network
The planned development seeks to connect local consumers with local wedding planners, while providing direct booking with local hotels, catering and related services.  As of February 2018, DigitalTown owns 5,830 .WEDDING domains mapping to major population centers around the world, e.g. Bali.Wedding, as well as premium domains such as Destination.Wedding, Christian.Wedding, Catholic.Wedding and Budget.Wedding. The platform is expected to launch under the umbrella brand name Your.Wedding.

.WORK Network 
DigitalTown is currently exploring a development partnership with a developer of Smart employment portals that uses Artificial Intelligence (AI) and social media tools to match candidates to local job opportunities.  As of February 2018, DigitalTown owns 13,713 .WORK domains mapping largely to population centers around the world. The platform is expected to launch under the umbrella brand name Get.Work.

.BAYERN, .BOSTON, .LONDON, .MIAMI, .NRW Networks
DigitalTown is working with region-specific registry operators to bring DigitalTown to regional markets, while leveraging their local domain extensions. As part of these strategic initiatives, DigitalTown owns portfolios across,.BAYERN (2000 domains), .BOSTON (16,978 domains), .LONDON (27,465 domains), .MIAMI (5,494 domains), and  .NRW (1000 domains).  Geographic domains held are mainly the most common first names and last names for the region and intended for use as branded permanent digital addresses for residents of these cities, powered by DigitalTown.

Rob Monster, CEO of DigitalTown commenting on the SmartWeb progress explained, "The new domain extension economy will benefit greatly from a unified architecture that both streamlines adoption by merchants and publishers, but also empowers consumers to engage with these services on a frictionless basis. We believe that domain investors have greatly undervalued the potential of the new domain extensions to improve people's lives, while also empowering businesses to more effectively compete.  As with the .CITY portals, for cases where a single domain investor does not acquire a domain, we foresee potential for local vertically-focused Marketing Cooperatives that are jointly owned through Blockchain, Denver.Law, Seattle.Fit, Chicago.Menu, Bali.Wedding, Miami.Work, etc."

DigitalTown's domain portfolios were acquired on exceptionally favorable terms due to combination of the (1) the size of the portfolio acquisitions, (2) DigitalTown's operating plan, and (3) strategic relationships with the registry operators. In December 2017, Minds and Machines (LSE:MMX), who operates a number of the most promising domain extensions, made a strategic investment in DigitalTown in order to accelerate market development of these domain networks as industry standards, e.g. LAW for the Legal profession.

For more information about DigitalTown, or to learn about pre-sale and partnership opportunities for the SmartWeb, visit on the web at DigitalTown.com or contact the company at info@digitaltown.com.

About DigitalTown
DigitalTown, Inc. (OTC :DGTW) empowers Smart Cities to succeed in the Digital Age. The company provides turn-key hosted solutions to power "Digital Towns", which improve Quality of Life for residents and visitors through locally owned solutions for economic development, civic engagement and digital inclusion for cities around the world. For more information about the company, please visit www.digitaltown.com.

Safe Harbor Language: Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act 1995. Readers are cautioned not to place undue reliance on forward-looking statements. DigitalTown, Inc. undertakes no obligation to update any such statements to reflect actual events.

Media Contacts:

Rob Monster, CEO                  
+1-425-295-4564; rob@digitaltown.com




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: DigitalTown via Globenewswire

Om Nasdaq GlobeNewswire

Nasdaq GlobeNewswire
Nasdaq GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York

+1 212 401 8700http://www.nasdaqomx.com

NASDAQ (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents.

Følg saker fra Nasdaq GlobeNewswire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Nasdaq GlobeNewswire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Nasdaq GlobeNewswire

Bermuda Principles event merges science and business20.2.2018 16:36Pressemelding

HAMILTON, Bermuda, Feb. 20, 2018 (GLOBE NEWSWIRE) -- Scientists and researchers from around the world are gathering in Bermuda this week for the second edition of a conference exploring the field of genetic research. Premier the Hon David Burt will officially open "Bermuda Principles: Impact on Splicing" Wednesday evening at the Fairmont Southampton. The conference, which runs through Saturday, has registered 50 delegates, along with an impressive roster of 36 speakers and panellists from 11 countries, including Australia, Denmark, Switzerland and South Africa. Among the attendees are prominent geneticists, scientists, professors, researchers, PhD students working in international labs, biotech representatives and investors. "I am elated to see the growth of the conference since last year's event," said Bermudian Dr. Carika Weldon, a biomedical researcher with her own lab at De Montfort University, UK, who conceived of the event and launched it last February. "My main aim has been to p

Globecomm Joins Amazon Web Services Partner Network20.2.2018 16:00Pressemelding

Highlights Globecomm establishes direct access to Amazon Web Services (AWS) Direct Connect at key datacenter locations. Customers in U.S. Government, media and entertainment, enterprise video and the Internet of Things (IoT) can interoperate cloud-based services with Globecomm's global satellite and fiber network to reduce capital expenditure and ramp up networks and services faster. Globecomm's suite of Software-as-a-Service (SaaS) applications run on AWS, accessible across both AWS and Globecomm's global network. Globecomm's team in place to design, develop and deliver cloud-centric as well as hybrid architectures for end-to-end services and customer solutions. HAUPPAUGE, N.Y., Feb. 20, 2018 (GLOBE NEWSWIRE) -- Globecomm announced today that it has joined the Amazon Web Services (AWS) Partner Network (APN) as a Standard Technology Partner. This agreement will enable Globecomm to seamlessly interoperate its global satellite and fiber network with AWS's storage, compute and cloud conte

Elite Capital & Co. awarded Infrastructure Project Finance Provider 2018 by New European Economy20.2.2018 15:41Pressemelding

LONDON, Feb. 20, 2018 (GLOBE NEWSWIRE) -- The Information Department at Elite Capital & Co. Limited (ECC), announced today that the company features in the specialized and prestigious New European Economy Magazine in its January 2018 issue in Britain and the European Union countries as the "Infrastructure Project Finance Provider 2018". The award is the result of focused efforts and synergy between the ECC Board of Directors and our employees and strategic partners all over the world over the past years. It also reflects the ability of the Company's strategy to adapt to the prevailing global economic circumstances and testifies to the viability of the planning process adopted by the Board of Directors. Dr. Faisal Khazaal, Chairman of Elite Capital & Co. commented on the occasion, "I should thank Mr. George Matharu, President of ECC and his Board Members who make ceaseless efforts towards ensuring that ECC continues to occupy a prestigious position in the field of finance and economy in

New MindManager 11 for Mac: Visually Capture, Organize, and Share Information to Drive Project and Business Success20.2.2018 15:26Pressemelding

Powerful mind mapping and information visualization software introduces its most robust Mac version yet; complete with new diagram types, an expanded template library, advanced mapping capabilities, and improved sharing options OTTAWA, Feb. 20, 2018 (GLOBE NEWSWIRE) -- Introduced today, MindManager® 11 for Mac brings new elegance and efficiency to the way individuals and teams organize ideas, tackle tasks, and achieve their goals. Already a leader in mind mapping and information visualization on the Mac, MindManager's new release offers advanced mapping capabilities, new diagram types and templates, and easy ways to share and publish your work - all delivered within a redesigned interface optimized to enhance productivity. Individuals, small businesses, and global organizations rely upon MindManager to efficiently brainstorm and organize ideas, communicate knowledge effectively, and execute project success. MindManager enables users to turn unstructured ideas and information into dynam

Ovum Survey Finds NetSfere Among The Top 3 Most Widely Deployed Secure Enterprise Messaging Services20.2.2018 15:00Pressemelding

NetSfere is the third most used enterprise platform, clearly outpacing legacy enterprise communication vendors CHICAGO, Feb. 20, 2018 (GLOBE NEWSWIRE) -- A report by Ovum, a market-leading research and consulting firm, commissioned by Infinite Convergence Solutions, a global leader in messaging and mobility solutions, finds that within just a few short years of launching, NetSfere is ranked as the third most used enterprise messaging service behind Skype Business and Cisco's Spark. In addition to the need for a secure messaging service, the report shows enterprise demand for communication services that enable collaboration beyond messaging. NetSfere's combined HD voice, video and text capabilities - all preferred means of communication in one encrypted platform - validates its ranking among the top services for enterprises. "With messaging services advancing into all-in-one communications platforms, there's a greater propensity for widespread business use - but also major security risk

Inspiration to Seek Shareholder Approval for Forward Split of its Common Shares20.2.2018 15:00Pressemelding

TORONTO, Feb. 20, 2018 (GLOBE NEWSWIRE) -- Inspiration Mining Corporation ("Inspiration" or the "Corporation") (CSE:ISM) would like to announce that, further to its press release dated January 18, 2018, it will be seeking shareholder approval for a special resolution authorizing the directors to effect a forward split of the Corporation's common shares on a one (1) for two (2) basis. As stated in the Corporation's press release of January 18, 2018, Inspiration has scheduled its annual and special meeting of shareholders for May 3, 2018. For further information, please contact Randy Miller, Chief Executive Officer of the Corporation, at tel: 416-842-9000, www.inspirationmining.com The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This press release contains forward-looking statements based on assumptions, uncertainties and management's best estimates of future events. Actual results may differ materially from those currently antici

I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.

Besøk vårt presserom