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Country of Tuvalu, Home of the .tv Domain, to Join the United Nations; Revenues From Sale of .tv Internet Address Will Finance U.N. Admission Fees.


Business Editors

PASADENA, Calif.--(BUSINESS WIRE)--Sept. 5, 2000

Tuvalu, an island nation in the South Pacific which made news earlier this year for licensing its country code Internet address There are two kinds of addresses that are widely used on the Internet. One is a person's e-mail address, and the other is the address of a Web site, which is known as a URL. Following is an explanation of Internet e-mail addresses only. For more on URLs, see URL and Internet domain name.  to California's dotTV for $50 million, will formally be inducted into the United Nations on September 5. The only country admitted to the United Nations this year, Tuvalu is using a portion of the funds generated from the sale of its .tv address to pay for the yearly U.N. fees.

In an agreement with Tuvalu, dotTV (www.tv) arranged to pay the island $50 million over ten years in exchange for the right to serve as the exclusive worldwide source for web addresses ending in .tv. In addition to joining the United Nations and the Commonwealth of Nations, the government of Tuvalu is spending the $18 million it has so far received from dotTV on infrastructure improvements, road repair, electricity, medical personnel, Internet connections, and international scholarships and education.

"Tuvalu's natural resources are fish and copra, which generate very little money," said Tuvaluan Prime Minister His Excellency HIS EXCELLENCY. A title given by the constitution of Massachusetts to the governor of that commonwealth. Const. part 2, c. 2, s. 1, art. 1. This title is customarily given to the governors of the other states, whether it be the official designation in their constitutions and laws or not.  Ionatana Ionatana Ionatana Ionatana CVO, OBE (1938? - December 8, 2000), Prime Minister of Tuvalu from April 27, 1999, to December 8, 2000.

Ionatana served in the country's Parliament from Tuvalu's independence in 1978 until his death.
. "The agreement with dotTV has given our nation a sense of economic independence. Our membership to the United Nations signals to the world that Tuvalu has joined the international community."

"Rarely does the Internet have such a direct economic impact on developing nations," said Lou Kerner, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of dotTV. "We're proud that our relationship with Tuvalu is helping to improve the quality of life for the Tuvaluan people, and as a company we're looking into other ways to work with the government of Tuvalu as it defines its new role in the tech world."

Tuvalu's Prime Minister and other dignitaries will participate in the 55th annual United Nations General Assembly Meeting on September 5 at 3 p.m., when the Assembly will officially recognize Tuvalu as a member. After the meeting, the U.N. will hold a flag raising ceremony featuring a short speech by the Prime Minister of Tuvalu The Prime Minister of Tuvalu is the head of government of Tuvalu. According to Tuvalu's constitution, the Prime Minister must always be a member of Parliament, and is elected by Parliament in a secret ballot. .

Tuvalu will become the 189th country to join the United Nations. During the past six years, only four other countries have applied and been admitted to the U.N.

About dotTV

dotTV announced the availability of .tv Internet addresses earlier this year, uniting "TV," the world's most recognized two letter symbol, with the World Wide Web to empower companies, organizations and individuals to create the global Internet destinations and brands of tomorrow. Leading companies from around the globe that have adopted the .tv domain name include Sega of America, Columbia TriStar International Television Columbia TriStar International Television was known as the worldwide television distribution arm of Columbia TriStar Television that was launched in 1995. In 2002, it was renamed to Sony Pictures Television International. , Billabong bil·la·bong  
n. Australian
1. A dead-end channel extending from the main stream of a river.

2. A streambed filled with water only in the rainy season.

3. A stagnant pool or backwater.
, Zee TV, TVB TVB Television Bureau
TVB Ti Voglio Bene (Italian: I Love You)
TVB Television Bureau of Advertising
TVB Television Broadcasts Limited (Hong Kong)
TVB Top Vs.
 Online, Carsey-Werner Company and over 150 leading broadcasters from around the globe, including PAX TV, TV Norge, Granada Sky, British Telecom, Globo and affiliates of all of the major U.S. broadcasting networks. Inquiries can be made at the company's web site, www.tv.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 5, 2000
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