Canada's new RCOM and NSOL
LOOK COMMUNICATIONS INC ("LKC-V;LKLVF-L") - Takes On Former Domain Monopoly
David Parkes, President and CEO, announces that Look Communications Inc. has entered the domain name market, ending a long-standing U.S. based domain name monopoly. The company announced through a partnership with a Canadian-based domain registrar that consumers can now register a domain name for an annual cost of $15 CDN.
"Canadians will no longer be subjected to paying a U.S. company high fees to register a .com," said Colin Campbell, Senior Vice-President, Internet Services, Look Communications Inc. "In the past, all domain names had to be registered through U.S. based Network Solutions Inc. at a cost of US$70 for two years. Look is making domain names affordable for all Internet users which means individuals, charities, organizations and small businesses who may have decided not to pursue a domain name in the past due to cost, can now register a domain name through Look at the lowest price Canada-wide."
Users can register domain names through Look, by logging onto Look's web hosting site at www.easyhosting.com. If the domain name is not currently registered, users can order the name instantly.
"Look has always been and will continue to be committed to fair competition and consumer choice," said Campbell. "Canadians are among the most Internet-literate users in the world. We see the Internet as an integral part of business development and domain names are quickly becoming a key part of the development process."
About Look Communications Inc.
Look Communications Inc. is a leading wireless broadband carrier, delivering a full spectrum of communications services including digital television distribution, Internet access and Web-related services. Through its advanced MDS technology (Multipoint Distribution System), Look provides superior, digital entertainment services to homes across Quebec and Ontario. Look's Internet service, Internet Direct, established as one of Canada's largest Internet service providers, offers both high-speed and dial-up Internet access, and other Web-based applications.
Look Communications is a Canadian company whose principal shareholders are Telesystem Ltd., Teleglobe Inc., CTV Inc., Covington Wireless Communications (Ontario) Ltd. and GTC Transcontinental Group Ltd. The company is listed on the Canadian Venture Exchange under the symbol LKC. For more information on Look, visit www.look.ca.
The corporate information contained in this release contains forward-looking statements regarding future events and the future performance of Look that involve risks and uncertainties that could cause actual results to differ materially. Assumptions used in the preparation of such information, although considered reasonable by Look at the time of preparation, may prove to be incorrect. The actual results achieved will vary from the information provided herein and the variations may be material. Consequently, there is no representation by Look that actual results achieved will be the same in whole or in part as those forecast. TEL: (416) 591-7783, ext. 102 Kristy Derkson, DBA Communications Email: derkson@dbapr.com For Investor Relations: TEL: 888-439-2897 Gordie Campbell, Look Communications Inc. Email: netgains@direct.ca
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