Author Archives: tucows

Ting Offers Samsung Galaxy SIII on Sprint’s 4G LTE Network

TORONTO, August 2, 2012 – Tucows Inc. (NYSE AMEX:TCX, TSX:TC), a global provider of domain names and other Internet services, today announced that its mobile phone service, Ting, has made the Samsung Galaxy SIII available for pre-order on its website at ting.com.

Devices will ship in three to six weeks. The 16GB Samsung Galaxy SIII is at $529, the 32GB at $579. These will be the first Ting devices to use Sprint’s 4G LTE network. Both the 16GB and 32GB are available in Pebble Blue and Marble White.

“It’s a killer device,” said Scott Allan, Director of Ting. “We have a lot of potential customers who have been waiting for this. They won’t have to wait much longer.”

To thank customers for waiting the three to six weeks, Ting will pick two of the first two hundred pre-orders and waive the cost of the device entirely.

Samsung Galaxy SIII shoppers are strongly encouraged to go to the savings calculator at ting.com/calculator to determine how quickly their monthly savings on service will cover the upfront cost of the device.

After that, pre-orders can be placed at ting.com/devices.

About Tucows

Tucows is a global Internet services company. OpenSRS (http://opensrs.com) manages over 11 million domain names and millions of email boxes through a reseller network of over 12,000 web hosts and ISPs. Hover (http://hover.com) is the easiest way for individuals and small businesses to manage their domain names and email addresses. Ting (http://ting.com) is a mobile phone service provider dedicated to bringing clarity and control to U.S. mobile phone users. YummyNames (http://yummynames.com) owns premium domain names that generate revenue through advertising or resale. More information can be found on Tucows’ corporate website (http://tucows.com).

Media Contacts:
Emily Harris
Global Strategy Group
212-235-6239
eharris@globalstrategygroup.com

CORRECTION FROM SOURCE: Tucows Second Quarter Investment Community Conference Call is Monday, August 13, 2012 AT 5:00 P.M. (ET)

TORONTO, July 30, 2012 – Further to its news release of July 26, 2012 which contained incorrect information, Tucows Inc. (TSX: TC, AMEX: TCX) today announced that it plans to report its second quarter fiscal 2012 financial results via news release on Monday, August 13, 2012 at approximately 4:00 p.m. (ET) and that it will host a conference call the same day at 5:00 p.m. (ET) to discuss the results and the outlook for the Company. The Company had previously announced in error that both events would occur on August 7.

Participants can access the conference call via the Internet at http://tucowsinc.com/investors.

For those unable to participate in the conference call at the scheduled time, it will be archived for replay both by telephone and via the Internet beginning approximately one hour following completion of the call. To access the archived conference call by telephone, dial 416-849-0833 or 1-855-859-2056 and enter the pass code 99525100 followed by the pound key. The telephone replay will be available until Monday, August 20, 2012 at midnight. To access the archived conference call as an MP3 via the Internet, go to http://tucowsinc.com/investors.

About Tucows

Tucows is a global Internet services company. OpenSRS (http://opensrs.com) manages over eleven million domain names and millions of email boxes through a reseller network of over 12,000 web hosts and ISPs. Hover (http://hover.com) is the easiest way for individuals and small businesses to manage their domain names and email addresses. Ting (http://ting.com) is a mobile phone service provider dedicated to bringing clarity and control to US mobile phone users. YummyNames (http://yummynames.com) owns premium domain names that generate revenue through advertising or resale. More information can be found on Tucows’ corporate website (http://tucows.com).

Tucows, OpenSRS, Hover, Ting, and YummyNames are registered trademark of Tucows Inc. or its subsidiaries.

For further information:
Lawrence Chamberlain
TMX Equicom
(416) 815-0700 ext. 257
lchamberlain@equicomgroup.com

Tucows Second Quarter Investment Community Conference Call is Tuesday, August 7, 2012 AT 5:00 P.M. (ET)

TORONTO, July 26, 2012 – Tucows Inc. (TSX: TC, AMEX: TCX) plans to report its second quarter fiscal 2012 financial results via news release on Tuesday, August 7, 2012 at approximately 4:00 p.m. (ET). Tucows management will host a conference call the same day at 5:00 p.m. (ET) to discuss the results and the outlook for the company.

Participants can access the conference call via the Internet at http://tucowsinc.com/investors.

For those unable to participate in the conference call at the scheduled time, it will be archived for replay both by telephone and via the Internet beginning approximately one hour following completion of the call. To access the archived conference call by telephone, dial 416-849-0833 or 1-855-859-2056 and enter the pass code 99525100 followed by the pound key. The telephone replay will be available until Tuesday, August 14, 2012 at midnight. To access the archived conference call as an MP3 via the Internet, go to http://tucowsinc.com/investors.

About Tucows

Tucows is a global Internet services company. OpenSRS (http://opensrs.com) manages over eleven million domain names and millions of email boxes through a reseller network of over 12,000 web hosts and ISPs. Hover (http://hover.com) is the easiest way for individuals and small businesses to manage their domain names and email addresses. Ting (http://ting.com) is a mobile phone service provider dedicated to bringing clarity and control to US mobile phone users. YummyNames (http://yummynames.com) owns premium domain names that generate revenue through advertising or resale. More information can be found on Tucows’ corporate website (http://tucows.com).

Tucows, OpenSRS, Hover, Ting, and YummyNames are registered trademark of Tucows Inc. or its subsidiaries.

For further information:

Lawrence Chamberlain
TMX Equicom
(416) 815-0700 ext. 257
lchamberlain@equicomgroup.com

Ting To Launch Shared Data Plan Four Months Ago

TORONTO, June 13, 2012 /CNW/ – Tucows Inc. (NYSE AMEX:TCX, TSX:TC), a global provider of domain names and other Internet services, today announced that its mobile phone service Ting would unveil a shared data plan on February 2, 2012, four months prior to this announcement.

“Putting multiple devices on one plan was pretty straightforward,” explained Ken Schafer, EVP Products, “the main challenge was figuring out the time travel part.”

Starting February 2, 2012, Ting customers will be able to share data, as well as voice and texts, across unlimited devices on one account. Each active device will cost just $6 a month. The value gets better as the total usage increases, amounting to huge potential savings for businesses and families. There are never any overage penalties or premiums and there are no limits or fees on features like tethering.

“Again, we think this just makes sense for mobile phone users,” explained Tucows CEO Elliot Noss. “People are wasting a ton of time and money on multiple accounts.”

“I think we showed tremendous initiative and hustle by launching this in the past. It appears our competitors will be following suit in the near future.”

While the Ting announcement actually comes a day after the big shared data plan announcement from Verizon, the Ting plan itself will precede Verizon’s June 28 launch by nearly five months.

Check out the Ting blog at ting.com/blog for the complete story, the Ting plans at ting.com/plans for more details on rates and features and the Ting savings calculator ting.com/calculator to see how much money you could be saving.

Noss also hinted at plans to launch a shareware site.

About Tucows

Tucows is a global Internet services company. OpenSRS (http://opensrs.com) manages over 11 million domain names and millions of email boxes through a reseller network of over 12,000 web hosts and ISPs. Hover (http://hover.com) is the easiest way for individuals and small businesses to manage their domain names and email addresses. Ting (http://ting.com) is a mobile phone service provider dedicated to bringing clarity and control to U.S. mobile phone users. YummyNames (http://yummynames.com) owns premium domain names that generate revenue through advertising or resale. More information can be found on Tucows’ corporate website (http://tucows.com).

For further information:

Media Contacts:
Emily Harris
Global Strategy Group
212-235-6239
eharris@globalstrategygroup.com

CISPA and protecting your personal online freedom

During the SOPA / PIPA debacle, Internet denizens came out in droves to beat the bills back and protect our collective online rights. We, as in the Internet at large, said that the battle was won but the war would continue. The Cyber Intelligence Sharing and Protection Act is the latest attempt at an affront to your online freedom.

CISPA hits the senate floor for voting in early June having already passed the US House of Representatives. If passed by the Senate, the last hope to get CISPA sent back to the proverbial drawing board would be a White House veto.

If passed, CISPA would provide broad authority to government organizations to collect and pass information between agencies. “Cyber threat information,” as the bill puts it. Ostensibly, CISPA is intended as a response to cyber security threats from hackers, terrorists or criminals. CISPA would give broad allowances for government agencies to pass our private information and communications between themselves. Currently, doing so leaves said agencies open to lawsuits from private citizens. Perhaps more disturbing, it allows (or could force) private organizations to pass information to government agencies under the same provisions.

The language in CISPA is in some cases so vague that it would be too easy to put to ill use. The powers afforded are too broad and would allow the government and private corporations like Facebook, Google et. al. to pass private information freely, with impunity. All under the guise of protecting against a “cyber threat.” The language explaining what exactly constitutes a cyber threat is also too broadly and loosely defined (see page 15 of the Cyber Intelligence Sharing and Protection Act) and potentially sacrifices too many of our personal freedoms.

Our issues with CISPA are many. As concerned Internet citizens, we worry about what it would mean for personal online privacy—both yours and our own. As an Internet company that takes your privacy very (very) seriously, we worry about our ability to protect your online privacy, for our part, will be severely compromised.

If you feel, as we do, that CISPA is an ill conceived and too loosely defined a bill, please make your voices heard.

At Tucows, we feel that the Internet—whether accessed on your computer, on your smartphone or via any other vehicle—is vitally important. CISPA is a very serious threat to the freedom and privacy we take for granted online.

Tucows Inc. Reports Continuing Strong Financial Results for First Quarter of 2012

- Company Reports 8th Consecutive Quarter of Record Revenue and Strong Cash Flow from Operations -

TORONTO, May 8, 2012 – Tucows Inc. (NYSE AMEX:TCX, TSX:TC), a global provider of domain names and other Internet services, today reported its financial results for the first quarter ended March 31, 2012. All figures are in U.S. dollars.

Summary Financial Results

(Numbers in Thousands of US Dollars, Except Per Share Data)

  3 Months Ended

March 31, 2012

(unaudited)
3 Months Ended

March 31, 2011

(unaudited)
Net revenue 27,537 22,555
Income before provision for income taxes and change in fair value of
forward exchange contracts 
1,950  512
Net income for the period 1,664 728
Net earnings per common share 0.04 0.01
Net cash provided by operating activities 2,081 763

Summary of Revenues and Cost of Revenues

(Numbers in Thousands of US Dollars)

  Revenue Cost of Revenue
  3 Months Ended

March 31, 2012

(unaudited)
3 Months Ended

March 31, 2011

(unaudited)
3 Months Ended

March 31, 2012

(unaudited)
3 Months Ended

March 31, 2011

(unaudited)
Wholesale        
 Domain Service 21,108 17,540 17,620 14,573
 Value-Added Services 2,689 2,266 507 513
Total Wholesale 23,797 19,806 18,127 15,086
         
Retail 1,850 1,195 930 419
Portfolio 1,891 1,554 210 190
         
Network, other costs - - 1,257 1,263
Network, depreciation and amortization costs - - 183 256
Total revenue/cost of revenue 27,537 22,555 20,707 17,214

NOTE: Beginning in the first quarter of 2012, Tucows has reclassified its revenue streams into three distinct service offerings: Wholesale, Retail and Portfolio1. The realignment is intended to better reflect the manner in which these revenue streams are generated and assessed by management.

“The first quarter of 2012 was a solid Tucows quarter – growth across all areas of our business, strong cash generation from operations, consistency and reliability,” said Elliot Noss, President and Chief Executive Officer, Tucows Inc. “We generated growth in revenue and gross margin far in excess of the growth in operating expenses, demonstrating the leverage in our business. We think that consistent growth and continued leverage will serve us well throughout 2012.”

Net revenue for the first quarter of 2012 increased 22% to a record $27.5 million from $22.6 million for the first quarter of 2011 and was driven by growth in each of the Company’s three service offerings.

Net income for the first quarter of 2012 was $1.7 million, or $0.04 per share, compared with net income for the first quarter of 2011 of $0.7 million, or $0.01 per share. Net income for the first quarter of 2012 benefitted from other income of $0.5 million resulting from the sale of certain intangible assets with no book value.

Deferred revenue at the end of the first quarter of 2012 was $73.0 million, an increase of 12% from $64.9 million at the end of the first quarter of 2011 and $69.2 from the end of the fourth quarter of 2011.

Cash and cash equivalents at the end of the first quarter of 2012 were $6.4 million compared with $4.2 million at the end of the first quarter of 2011 and relatively unchanged from the end of the fourth quarter of 2011. During the first quarter of 2012, the Company generated cash flow from operations of $2.1 million, as well as $0.5 million in cash proceeds from the aforementioned sale of intangible assets. In addition, the Company utilized $4.0 million from its credit facility to partially fund the $5.9 million cost of the share repurchases under the modified Dutch auction tender completed in January of this year. The Company also used $0.5 million for principal repayments under its credit facility and invested $0.2 million in equipment purchases.

1Service Offerings: Wholesale, primarily branded as OpenSRS, is composed of revenue generated by the OpenSRS Domain Service and Other Value-Added Services, including hosted email, SSL and other trust certificates, bulk sale of domain names and advertising from the OpenSRS Domain Expiry Stream, web publishing tools, mobile phone services, third-party marketing funds, and billing software for ISPs. Retail is primarily composed of services to individuals and small businesses, including Hover, which generates revenue from the sale of domain name registration and email, and Ting, which generates revenue from mobile phone services. Portfolio includes revenue generated by the resale of names from the domain name portfolio and advertising revenue from the Company’s domain name portfolio and two large advertising-supported websites.

Conference Call

Tucows management will host a conference call today, Tuesday, May 8, 2012 at 5:00 p.m. (ET) to discuss the Company’s first quarter 2012 results. Participants can access the conference call via the Internet at www.tucowsinc.com/investors.
For those unable to participate in the conference call at the scheduled time, it will be archived for replay both by telephone and via the Internet beginning approximately one hour following completion of the call. To access the archived conference call by telephone, dial 416-849-0833 or 1-855-859-2056 and enter the pass code 74551438 followed by the pound key. The telephone replay will be available until Tuesday, May 15, 2012 at midnight. To access the archived conference call as an MP3 via the Internet, go to http://tucowsinc.com/investors.

About Tucows

Tucows is a global Internet services company. OpenSRS (http://opensrs.com) manages over twelve million domain names and millions of value-added services through a reseller network of over 12,000 web hosts and ISPs. Hover (http://hover.com) is the easiest way for individuals and small businesses to manage their domain names and email addresses. Ting.com (https://ting.com) is a mobile phone service provider dedicated to bringing clarity and control to US mobile phone users. YummyNames (http://yummynames.com) owns and operates premium domain names that generate revenue through advertising or resale. More information can be found on Tucows’ corporate website (http://tucows.com).

This release includes forward-looking statements as that term is defined in the U.S. Private Securities Litigation Reform Act of 1995. In particular, this release includes forward looking statements regarding our expectations as to our financial results and the impact of our consistent growth and leverage. These statements are based on management’s current expectations and are subject to a number of uncertainties and risks that could cause actual results to differ materially from those described in the forward-looking statements. Information about potential factors that could affect Tucows’ business, results of operations and financial condition is included in the Risk Factors sections of Tucows’ filings with the Securities and Exchange Commission. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. All forward-looking statements are based on information available to Tucows as of the date they are made. Tucows assumes no obligation to update any forward-looking statements, except as may be required by law.

Tucows, OpenSRS, Hover, Ting, and YummyNames are registered trademarks of Tucows Inc. or its subsidiaries.

For further information:
Lawrence Chamberlain
TMX Equicom for Tucows Inc.
(416) 815-0700 ext. 257
lchamberlain@equicomgroup.com

Ting Designates May as ‘Dump Your Contract Month’

Launches Promotion to Buy Consumers Out of Mobile Phone Contracts

TORONTO, May 1, 2012 – Ting, a new mobile phone service provided by Tucows (NYSE AMEX:TCX), today announced the launch of Dump Your Contract Month, a month-long promotion that encourages consumers to break free from their current cell phone contracts.

Every day throughout the month of May, one sweepstakes winner per day will receive compensation for the early termination fees tied to their current cell phone contract (up to $300 per prize). There’s a limit of one entry per person, per day, but everyone can enter once each day for a chance to win. All U.S. residents aged 18+ that are currently in a mobile phone service contract can enter the sweepstakes. Just complete and submit the online entry form at ting.com/dyc.

“Every day, we hear people lament they are ‘stuck’ in a contract with a mobile provider that they would prefer to leave.” said Elliot Noss, CEO of Tucows. “In fact, for years, Americans have unquestioningly accepted financing on phones, long-term contracts, overage penalties and other conditions that are not truly in their best interest. We want to expose these practices and introduce a better approach.”

Ting has no contracts, no overage penalties and no hidden fees. Minutes, messages and megabytes are each billed separately and customers only pay for what they use. Businesses and families can have unlimited devices on one account and can pool together usage for greater savings. Ting offers a clear, usable website and smart, accessible people that are empowered to solve problems. Ting’s wireless network services are provided on the Nationwide Sprint Network.

“Dump Your Contract Month is a fun way to give just a few folks that taste of freedom,” said Noss, “and maybe get thousands to rethink their current relationship with their mobile phone provider.”

About the Sweepstakes

NO PURCHASE NECESSARY. Runs 5/1/12 to 6/1/12 with 31 daily drawings. Total maximum ARV of all prizes: $9,300. Open to U.S. residents, age 18+, who are in a mobile phone service contract. Void where prohibited. To enter and for details, see Official Rules at http://ting.com/dyc/rules

About Tucows

Tucows is a global Internet services company. OpenSRS (http://opensrs.com) manages over 11 million domain names and millions of email boxes through a reseller network of over 12,000 web hosts and ISPs. Hover (http://hover.com) is the easiest way for individuals and small businesses to manage their domain names and email addresses. Ting (http://ting.com) is a mobile phone service provider dedicated to bringing clarity and control to U.S. mobile phone users. YummyNames (http://yummynames.com) owns premium domain names that generate revenue through advertising or resale. More information can be found on Tucows’ corporate website (http://tucows.com).

For further information:
Media Contacts:

Emily Harris
Global Strategy Group
212-235-6239
eharris@globalstrategygroup.com

Tucows First Quarter Investment Community Conference Call is Tuesday, May 8, 2012 AT 5:00 P.M. (ET)

TORONTO, April 30, 2012– Tucows Inc. (TSX: TC, AMEX: TCX) plans to report its first quarter fiscal 2012 financial results via news release on Tuesday, May 8, 2012 at approximately 4:00 p.m. (ET). Tucows management will host a conference call the same day at 5:00 p.m. (ET) to discuss the results and the outlook for the company.

Participants can access the conference call via the Internet at http://tucowsinc.com/investors.

For those unable to participate in the conference call at the scheduled time, it will be archived for replay both by telephone and via the Internet beginning approximately one hour following completion of the call. To access the archived conference call by telephone, dial 416-849-0833 or 1-855-859-2056 and enter the pass code 74551438 followed by the pound key. The telephone replay will be available until Tuesday, May 15, 2012 at midnight. To access the archived conference call as an MP3 via the Internet, go to http://tucowsinc.com/investors.

About Tucows

Tucows is a global Internet services company. OpenSRS (http://opensrs.com) manages over eleven million domain names and millions of email boxes through a reseller network of over 12,000 web hosts and ISPs. Hover (http://hover.com) is the easiest way for individuals and small businesses to manage their domain names and email addresses. Ting (http://ting.com) is a mobile phone service provider dedicated to bringing clarity and control to US mobile phone users. YummyNames (http://yummynames.com) owns premium domain names that generate revenue through advertising or resale. More information can be found on Tucows’ corporate website (http://tucows.com).

Tucows, OpenSRS, Hover, Ting, and YummyNames are registered trademark of Tucows Inc. or its subsidiaries.

Contact:
Lawrence Chamberlain
TMX Equicom
(416) 815-0700 ext. 257
lchamberlain@equicomgroup.com

Freedom to Connect

If you are at all interested in issues like Internet openness and net neutrality, then you’ll want to check out F2C: Freedom to Connect. It’s a fantastic two-day conference devoted to preserving and celebrating the essential properties of the Internet, coming up on May 21 and 22nd, in Washington, DC.

Read on to learn how to win a free pass to F2C or get a discount on your registration!

This year’s F2C conference features a very strong lineup of presenters and panelists. F2C: Freedom to Connect logoConfirmed keynote speakers include Vint Cerf, Michael Copps, Cory Doctorow, Benoît Felten, Rebecca MacKinnon, Eben Moglen, Mike Marcus and Aaron Swartz.

Here’s a good explanation of what F2C is all about:

The Internet is a success today because it is stupid, abundant and simple. In other words, its neutrality, its openness to rapidly developing technologies and its layered architecture are the reasons it has succeeded where others (e.g., ISDN, Interactive TV) failed.

The Internet’s issues are under-represented in Washington DC policy circles. F2C: Freedom to Connect is designed to advocate for innovation, for creativity, for expression, for little-d democracy. The Freedom to Connect is about an Internet that supports human freedoms and personal security. These values, held by many of us whose consciousness has been shaped by the Internet, are not common on K Street or Capitol Hill or at the FCC.

F2C: Freedom to Connect is about having access to the Internet as infrastructure. Infrastructures belong to — and enrich — the whole society in which they exist. They gain value — in a wide variety of ways, some of which are difficult to anticipate — when more members of society have access to them. F2C: Freedom to Connect especially honors those who build communications infrastructure for the Internet in their own communities, often overcoming resistance from incumbent cable and telephone companies to do so.

The phrase Freedom to Connect is now official US foreign policy, thanks to Secretary of State Clinton’s Remarks on Internet Freedom in 2010. She said that Freedom to Connect is, “the idea that governments should not prevent people from connecting to the internet, to websites, or to each other. The freedom to connect is like the freedom of assembly, only in cyberspace.” Her speech presaged the Internet-fueled assemblies from Alexandria, Egypt to Zuccotti Park.

Win a Free Pass, or Get 33% Off Registration

F2C meshes very nicely with our corporate ideals about how the Internet should work and how it needs to be protected and nurtured. Our mobile service Ting is a proud sponsor of the event and we have a couple of discount options for those of you who are looking to attend.

  • First up, we have a free pass to give away to one person. We simply ask that you email us and give us a short explanation on why you think you should attend. Act fast – we’ll have a look at the emails and choose a winner on April 11th.
  • For those who don’t get the free pass, we also have a discount code that you can use to get 33% off the registration fee. When you register, use promo code “TING33″.

The cost for the conference is $349 until April 16, after which the cost goes up a bit. That discount code will work until April 30.

For more information, and to register, visit the F2C: Freedom to Connect website.

Tucows Reinstates $10 Million Stock Buyback Program

TORONTO, March 16, 2012 – Tucows Inc. (NYSE AMEX:TCX) (TSX: TC) today announced that it has reinstated its previously announced stock buyback program to repurchase up to US $10 million of Tucows common stock. The program, which initially commenced on November 15, 2011 and will end on November 14, 2012, was temporarily suspended when the company undertook its most recent Dutch Auction Tender, which was completed on January 20, 2012. The buyback program allows Tucows to repurchase its shares of common stock either through the facilities of the TSX or the NYSE AMEX Stock Exchange. As of November 9, 2011 there were 53,477,524 common shares outstanding, and as of January 26, 2012, the date the final results of the Dutch Auction Tender offer were announced, there were 46,047,111 common shares outstanding. All shares purchased by Tucows under this buyback program will be cancelled.
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Tucows Inc. Reports Continuing Strong Financial Results for Fourth Quarter of 2011

- Company Reports 7th Consecutive Quarter of Record Revenue -

TORONTO, Feb. 15, 2012 – Tucows Inc. (NYSE AMEX:TCX, TSX:TC), a global provider of domain names, email and other Internet services, today reported its financial results for the fourth quarter ended December 31, 2011. All figures are in U.S. dollars.

Summary Financial Results

(Numbers in Thousands of US Dollars, Except Per Share Data)

3 Months

Ended

December 31,

2011

(unaudited)
3 Months

Ended

December 31,

2010

(unaudited)
12 Months

Ended

December 31,

2011

(unaudited)
12 Months

Ended

December 31,

2010

(unaudited)
Net revenue 26,370 22,077 97,065 84,579
Income before provision for income taxes

and change in fair value of forward

exchange contracts
1,745 611 3,986 1,455
Net income (loss) for the period 6,055 1,237 6,170 2,117
Net earnings (loss) per common share* 0.11 0.02 0.12 0.04
Net cash provided by operating activities 2,683 2,341 5,885 6,769

* 2011 results include a tax benefit of $0.06 per share related to the release of deferred tax asset valuation allowances.

Summary of Revenues and Cost of Revenues

(Numbers in Thousands of US Dollars)

Revenue Cost of Revenue
3 Months Ended

December 31,

2011 (unaudited)
3 Months Ended

December 31,

2010 (unaudited)
3 Months Ended

December 31,

2011 (unaudited)
3 Months Ended

December 31,

2010 (unaudited)
OpenSRS:
Domain Service 20,743 17,308 17,347 14,565
Email Service 653 529 41 104
Other services 1,136 1,104 385 366
Total OpenSRS services 22,532 18,941 17,773 15,035
YummyNames 1,648 1,531 182 181
Hover 1,432 1,172 548 398
Butterscotch 759 433 6 9
Network, other costs - - 1,146 1,148
Network, depreciation and

amortization costs
- - 177 313
Total revenue/cost of revenue 26,370 22,077 19,833 17,084

“Our strong performance in the fourth quarter, highlighted by 19% year-over-year revenue growth to a record $26.4 million – our seventh consecutive quarter of record revenue – and solid cash flow from operations, concluded a year that was indicative of the consistency and reliability of our business, as well as our ability to efficiently deliver growth,” said Elliot Noss, President and Chief Executive Officer, Tucows Inc. “As a result, we also delivered our best year ever in terms of revenue at just over $97 million. Looking ahead, this efficiency, combined with what we believe is the best distribution channel in the Internet economy, firmly positions us to continue to consistently generate cash flow, while introducing new services with minimal capital investment or impact on operating expenses. Ting, our recently launched US mobile phone service, is a testament to our capabilities in this regard.”

Net revenue for the fourth quarter of 2011 increased 19% to a record $26.4 million from $22.1 million for the fourth quarter of 2010 and was driven by growth in each of the Company’s business groups.

Net income for the fourth quarter of 2011 was $6.1 million, or $0.11 per share, compared with net income for the fourth quarter of 2010 of $1.2 million, or $0.02 per share. Net income per share for the fourth quarter of 2011 includes a tax benefit of $0.06 per share related to the release of deferred tax asset valuation allowances during that quarter.

Deferred revenue at the end of the fourth quarter of 2011 was $69.2 million, an increase of 11% from $62.6 million at the end of the fourth quarter of 2010 and relatively unchanged from the end of the third quarter of 2011.

Cash and cash equivalents at the end of the fourth quarter of 2011 were $6.4 million compared with $4.2 million at the end of the fourth quarter of 2010 and $4.7 million at the end of the third quarter of 2011. The increase from the end of third quarter of 2011 is primarily the result of cash flow from operations for the fourth quarter of 2011 of $2.7 million, which was partially offset by the use of $0.7 million
for repayment of the Company’s credit facility and $0.2 million for investment in equipment.

As previously announced, subsequent to the end of the fourth quarter the Company completed the repurchase of 7.6 million of its shares at a purchase price of $0.77 per share for a total of $5.8 million under its modified “Dutch auction” tender announced on December 15, 2011. Since initiating its first share buyback program in February 2007, the Company has repurchased a total of 30.8 million shares through its buyback programs, representing 40.5% of the Company’s total shares outstanding at the end of January 2007.

Conference Call

Tucows management will host a conference call today, Wednesday, February 15, 2012 at 5:00 p.m. (ET) to discuss the Company’s fourth quarter 2011 results. Participants can access the conference call via the Internet at www.tucowsinc.com/investors.

For those unable to participate in the conference call at the scheduled time, it will be archived for replay both by telephone and via the Internet beginning approximately one hour following completion of the call. To access the archived conference call by telephone, dial 416-849-0833 or 1-855-859-2056 and enter the pass code 48872391 followed by the pound key. The telephone replay will be available until Wednesday, February 22, 2012 at midnight. To access the archived conference call as an MP3 via the Internet, go to http://tucowsinc.com/investors.

About Tucows

Tucows is a global Internet services company. OpenSRS (http://opensrs.com) manages over eleven million domain names and millions of email boxes through a reseller network of over 12,000 web hosts and ISPs. Hover (http://hover.com) is the easiest way for individuals and small businesses to manage their domain names and email addresses. Ting.com (https://ting.com) is a mobile phone service provider dedicated to bringing clarity and control to US mobile phone users. YummyNames (http://yummynames.com) owns premium domain names that generate revenue through advertising or resale. More information can be found on Tucows’ corporate website (http://tucows.com).

This release includes forward-looking statements as that term is defined in the U.S. Private Securities Litigation Reform Act of 1995. In particular, this release includes forward looking statements regarding our expectations as to our financial results, our future growth, the consistency of our business and our ability to generate cash. These statements are based on management’s current expectations and are subject to a number of uncertainties and risks that could cause actual results to differ materially from those described in the forward-looking statements. Information about potential factors that could affect Tucows’ business, results of operations and financial condition is included in the Risk Factors sections of Tucows’ filings with the Securities and Exchange Commission. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. All forward-looking statements are based on information available to Tucows as of the date they are made. Tucows assumes no obligation to update any forward-looking statements, except as may be required by law.

Tucows, OpenSRS, Hover, and YummyNames are registered trademarks of Tucows Inc. or its subsidiaries.

OpenSRS Joins Parallels Domain Name Network

TORONTO and ORLANDO, FL, Feb. 15, 2012 – Tucows Inc. (NYSE: TCX) (AMEX: TCX) (TSX: TC), a global Internet services company dedicated to making simple useful services that unlock the power of the Internet, today announced that its OpenSRS wholesale services division has joined the Parallels Domain Name Network (DNN), allowing Parallels partners to quickly and easily signup to sell OpenSRS services.

Service providers using Parallels Automation, Parallels Business Automation Standard and Parallels Plesk Billing can now become OpenSRS resellers through the Parallels DNN at no charge. OpenSRS has now been integrated into Parallels billing applications with new, fully-supported plugins that enable resellers to sell and manage over 100 different domain name extensions, SSL digital certificates from five leading brands, and mobile websites.

“Joining the Parallels DNN is the logical extension of the work we’ve done over the last few months to integrate OpenSRS across Parallels software portfolio,” said Dave Woroch, EVP Sales, Tucows. “We’re excited that service providers using Parallels can now quickly become OpenSRS Resellers and take advantage of our industry-leading customer service and extensive lineup of products and services.”

The announcement was made at Parallels Summit 2012, the leading global annual gathering of the hosting and cloud industry. OpenSRS is a Gold Sponsor. Visit OpenSRS at booth #300 on the show floor to learn more about the full range of OpenSRS wholesale Internet services, and to see Parallels plugins for Parallels Business Automation, Parallels Business Automation Standard, and Parallels Plesk Billing in action.

Learn more at http://parallels.com/dnn

About Tucows

Tucows is a global Internet services company. OpenSRS (http://opensrs.com) manages over eleven million domain names and millions of email boxes through a reseller network of over 12,000 web hosts and ISPs. Hover (http://hover.com) is the easiest way for individuals and small businesses to manage their domain names and email addresses. Ting (http://ting.com) is a mobile phone service provider dedicated to bringing clarity and control to US mobile phone users. YummyNames (http://yummynames.com) owns premium domain names that generate revenue through advertising or resale. More information can be found on Tucows’ corporate website (http://tucows.com).

Tucows, OpenSRS, Hover, and YummyNames are registered trademark of Tucows Inc. or its subsidiaries.

For further information:
Le Quan Truong
Director of Marketing, OpenSRS
(416) 538-5450
ltruong@tucows.com

Tucows Fourth Quarter Investment Community Conference Call is Wednesday, February 15, 2012 AT 5:00 P.M. (ET)

TORONTO, February 9, 2012– Tucows Inc. (TSX: TC, AMEX: TCX) plans to report its fourth quarter fiscal 2011 financial results via news release on Wednesday, February 15, 2012 at approximately 4:00 p.m. (ET). Tucows management will host a conference call the same day at 5:00 p.m. (ET) to discuss the results and the outlook for the company.

Participants can access the conference call via the Internet at http://tucowsinc.com/investors.

For those unable to participate in the conference call at the scheduled time, it will be archived for replay both by telephone and via the Internet beginning approximately one hour following completion of the call. To access the archived conference call by telephone, dial 416-849-0833 or 1-855-859-2056 and enter the pass code 48872391 followed by the pound key. The telephone replay will be available until Wednesday, February 22, 2012 at midnight. To access the archived conference call as an MP3 via the Internet, go to http://tucowsinc.com/investors.

About Tucows

Tucows is a global Internet services company. OpenSRS manages over eleven million domain names and millions of email boxes through a reseller network of over 12,000 web hosts and ISPs. Hover is the easiest way for individuals and small businesses to manage their domain names and email addresses. Ting (http://ting.com) is a mobile phone service provider dedicated to bringing clarity and control to US mobile phone users. YummyNames owns premium domain names that generate revenue through advertising or resale. More information can be found on Tucows’ corporate website.

Tucows, OpenSRS, Hover, and YummyNames are registered trademark of Tucows Inc. or its subsidiaries.

Contact:
Lawrence Chamberlain
TMX Equicom
(416) 815-0700 ext. 257
lchamberlain@equicomgroup.com

Tucows Launches Ting – A New US Mobile Phone Service

Ting Promises “Mobile That Makes Sense”

TORONTO, Feb. 2, 2012 – Tucows Inc. (NYSE AMEX:TCX, TSX:TC), a global Internet services company dedicated to making simple useful services that unlock the power of the Internet, today announced the launch of Ting, a mobile phone service dedicated to bringing clarity and control to US mobile phone customers.

Small businesses and families in the US are overpaying for mobile service and underserved by their mobile service providers. With Ting, Tucows seeks to offer a fresh alternative by emphasizing clarity, usability, a sincere commitment to customer support and significant monthly savings.
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Tucows Inc. Announces Final Results of Dutch Tender Offer

TORONTO – January 26, 2012 – Tucows Inc. (NYSE AMEX:TCX), (TSX:TC), a global provider of domain names, email and other Internet services, announced today the final results of its modified “Dutch auction” tender offer, which expired at 5:00 p.m., New York City time, on January 20, 2012. Tucows will purchase 7,570,178 shares of its Common Stock at a purchase price of $0.77 per share, for a total cost of $5,829,037, excluding fees and expenses related to the tender offer. Payment for shares accepted for purchase will be funded from a combination of available cash and two demand loan revolving facilities Tucows currently has with the Bank of Montreal.
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Tucows Inc. Announces Preliminary Results of Dutch Tender Offer

TORONTO – January 23, 2012 – Tucows Inc. (NYSE AMEX:TCX), (TSX:TC), a global provider of domain names, email and other Internet services, announced today the preliminary results of its modified “Dutch auction” tender offer, which expired at 5:00 p.m., New York City time, on January 20, 2012. Tucows expects to purchase up to 7,569,952 shares of its Common Stock at a purchase price of $0.77 per share, for a total of $5,828,863. The 7,569,952 shares expected to be purchased are comprised of the 6,500,000 shares Tucows offered to purchase and 1,069,952 shares to be purchased pursuant to Tucows’ right to purchase up to an additional 2% of the shares outstanding immediately prior to the commencement of the tender offer. Tucows intends to fund the tender through a combination of available cash and two demand loan revolving facilities Tucows currently has with the Bank of Montreal (“BMO”).
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