Dot VN, Inc. Announces Online Domain Name Registration Increased Over 350% From 2005.

SAN DIEGO -- Dot VN, Inc., a Delaware corporation ("Dot VN" or the "Company") (www.DotVN.com), (Pink Sheets:DTVI), an Internet and Telecommunications Company and authorized global domain name registrar (www.VN) for the Country of Vietnam, announced today that the total number of .vn domain names registered by the Company via online has increased over 350% since 2005. New .vn registrations under Dot VN management grew from 919 total domain names registered in 2005 to over 4,100 for the 2006 year.

In the aggregate, the total number .vn domain registration has increased as well. Based on statistics from the Vietnam Network Information Center ("VNNIC"), the administrative entity overseeing the development of the internet in Vietnam, .vn domain registration grew from 22,629 domain names registered in 2005 to over 34,000 in 2006, an increase of nearly 50%. Contributing factors to the Company's sky-rocketing growth in domain registration are believed to be the rapid growth of Vietnam's economy, the expansion of the Internet in the region, and Dot VN's aggressive marketing/promotion of the 2nd level release (i.e. www.CompanyName.VN) for the .VN ccTLD (country code Top Level Domain).

Nguyen Le Thuy, Director of VNNIC said, "We are very pleased with Dot VN's efforts in growing domain name registrations. The dramatic increase in the number of domains registered by Dot VN via the Internet in 2006 has exceeded our expectations. Further, Vietnam's internet expansion is growing more rapidly than anticipated, a trend which we anticipate continuing in the coming year. We look forward to working jointly with Dot VN to service the growing number of internet users, as we begin building the first commercial Internet Data Center (IDC) to host these recently registered domains."

Thomas Johnson, Chairman and CEO of Dot VN added, "We are extremely excited with the outstanding increase in domain names registered by our Company, in excess of 350%, as compared to 2005. We anticipate seeing even greater growth for Dot VN in 2007. In order to capture the high demand and to provide a full turn key Internet solutions to assist Vietnamese businesses and its citizens, Dot VN will continue to work closely with VNNIC to drive online domain name registration, as well as plan and build strategically located IDC's throughout Vietnam."

About the Companies:

Dot VN, Inc. (www.DotVN.com) is the online service provider of .VN (Vietnam) domain name registrations globally. The Company has established agreements with the Vietnamese government and international ISP's (Internet service providers) such as VNPT, Netsoft, VDC, FPT, along with Verisign, MarkMonitor.com, NetNames.com, Ascio.com, MelbourneIT.com, RGNames.com, EbrandSecure.com, IPMirror.com and over 70 top domain resellers to commercialize Vietnam's Internet and Telecommunications services. Dot VN, Inc. has strived to deliver high value online communication and commerce solutions along with outstanding customer service both domestically and internationally with a focus on Vietnam. The Vietnam Internet Network Information Center (VNNIC) awarded Dot VN, Inc. an "exclusive long term contract" to be the first registrar to promote, market and register its country code Top Level Domain (ccTLD) of .VN (Vietnam) via the Internet. Dot VN, Inc. is developing an Internet based distribution network through which the Company delivers business applications and services and digital software content to a network of more than 70 Service Providers in over 30 countries. The Company is developing the latest Internet domain registration software technologies for marketing, sales and managing the .VN domain name registration, website design and hosting, email systems, e-commerce and e-marketing, Vietnamese Search Engine for .VN and VOIP telecommunications for Vietnam and other customers worldwide.

Vietnam Internet Network Information Center, (www.VNNIC.net.VN), is an affiliation to Ministry of Posts and Telematics. Its responsibilities are to allocate, develop and manage registry Internet resources in Vietnam; to establish, utilize and maintain the domain name server system for the national domain name .VN; to exploit the latest technologies relating to Internet resources.

Cautionary Warning Regarding Forward-Looking Statements:

This press release may contain "forward-looking statements." In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements and the statements contained herein reflect the Company's views as of January 8, 2007. Changes in the circumstances upon which we base our predictions and/or forward-looking statements could materially affect our actual results. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: (1) our limited operating history; (2) our ability to pay down existing debt; (3) our ability to attract and retain key executive officers and the professional advisors necessary to guide us through our corporate restructuring; (4) unforeseen costs and expenses; (5) potential litigation with our shareholders, creditors and/or former or current investors; (6) the Company's ability to comply with federal, state and local government regulations; (7) the Company's ability to maintain current agreements with the Country of Vietnam and secure additional agreements; and (8) other factors over which we have little or no control.