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Domain Name Registration Reaches New Records

VeriSign, Inc., the leading provider of intelligent infrastructure services for the Internet and telecommunications networks, today released the VeriSign Domain Name Industry Brief for the second quarter of 2005.
According to the report, which highlights key industry data for worldwide domain name activity, total domain name registrations reached an all-time high of 82.9 million, representing an eight percent growth since the first quarter of 2005 and a 28 percent increase since the second quarter of 2004.

The domain name industry continued to experience strong growth in the second quarter of 2005 as proven by the number of new domain names registered at just over 8.1 million. This figure represents a 16 percent increase since the first quarter of 2005 and a 63 percent increase since the same period last year. Growth was driven by price promotions, product bundling and the continued acceleration of using domain names to generate Pay-Per-Click (PPC) advertising revenue.

In supporting this growth, the VeriSign Domain Name System (DNS) continued to maintain operational accuracy and stability for 100 percent of the time during the second quarter of 2005. Also today, VeriSign released the Domain Name Industry Brief Registrant Profile offering insights into the people and organizations who register domain names.