CENTRALNIC ACQUIRES INTERNET.BS



June 17, 2014

CENTRALNIC ACQUIRES INTERNET.BS

Gregg McNair - Internet.bs Corp. Chairman

Gregg McNair
Internet.bs Chairman
Marco Rinaudo - Internet.bs Corp. CEO
Marco Rinaudo
Internet.bs Founder and CEO

The ICANN accredited Bahamian registrar business of Internet.bs Corp. (IBS) has been acquired by CentralNic Group PLC(“CentralNic”) in a move that is intended to provide IBS customers with continued and expanded leading-edge, personalized registrar services.

CentralNic, as one of the world’s top domain name Registries and a publically listed company on the London Stock Exchange, is well positioned to continue and enhance the IBS tradition of providing best of breed quality Registrar services targeting end user domain owners, small to larger resellers and domainers wanting the security, reliability, and ease of use at the best price available

Gregg McNair, IBS Chairman worked closely with Ben Crawford, CEO of CentralNic, to effect the sale of the IBS business along with Marco Rinaudo, IBS Founder and CEO.

The IBS story goes back more than ten years when Italian born Rinaudo sold his ICANN accredited hosting business in France, in yet another Rinaudo success story. He then moved with his French wife to the Bahamas where they established IBS – a highly cost-efficient registrar and domain administration technical platform that passes the cost benefits on to customers.

The family later moved to Panama as the IBS business grew steadily with fellow Panamanian resident McNair being appointed to the board some two years ago with the aim of helping position the business for future growth and diversification.

“I am pleased to confirm that all IBS staff will continue with me to ensure a seamless transition” said Marco Rinaudo, “I am very excited to see the Company that I founded and nurtured for more than 10 years enter this new phase of development. The great working relationship that I have forged with Ben Crawford and the CentralNic team provides me with the assurance that my IBS customers will be well supported in the future and will appreciate the proposed broadening of services to be introduced by the combined team. I will be working alongside Ben to make sure that happens in the best interest of our established and new customers.” he said.

Ben Crawford said, “A registrar that serves customers in 199 countries is pretty remarkable. And when you add to that IBS’s advanced technology, its smart, efficient people and its commitment to low prices and great service, that all makes IBS the kind of company we are excited to have join the CentralNic Group.”

Gregg McNair, IBS Chairman said “I am delighted to bring together two excellent businesses. Further I am pleased to have been able to assist my good friend and business partner Marco, in this transaction. CentralNic certainly has the capacity and resources to take the IBS business to the next level”.

For Further Information:

Marco Rinaudo: marco.rinaudo@internet.bs (press interview by email only).

Ben Crawford: ben@centralnic.com