Launch - PAKNIC Takes the Credit to Present Pakistan in ICANN First Time

PAKNIC Takes the Credit to Present Pakistan in ICANN as PakNIC Private Limited, the first ICANN Accredited Domain Registrar went live today, the October 30th, 2007.
 
Lahore, October 31, 2007: PakNIC (Pvt.) Limited (www.paknic.com), the first ICANN accredited domain registrar in Pakistan, today announced, that it is now fully functional and live using its in-house developed new online system under leadership of Mr. Khalil Ahmad, CEO & Chairman of PakNIC (Pvt.) Limited and ex-Vice President (Technology), Citigroup, New York. 
In May 2007, PAKNIC (Pvt.) Limited was accredited by ICANN, a USA based organization responsible for the global coordination of the internet domain names. The new PAKNIC online Domain Management System has been fully approved and certified by Verisign (USA), Affilias (Ireland), Neulevel (USA), Public Interest Registry (USA) and Global Name Registry (UK) while certification from other TLD and ccTLD registries are expected soon. Initially PAKNIC is offering domain name registration for .com, .net, .org, .info, .biz and .name top-level domains (TLDs). Gradually, more TLDs and ccTLDs (country top-level domains) will be integrated into PAKNIC system and offered to public for domain name registration. 
Until recently there was no ICANN accredited domain registrar in Pakistan and all domain names are being registered and maintained by foreign hosting companies and domain registrars. In order of national interest, last year PAKNIC decided to proceed for ICANN accreditation and offer domain registration and management services locally in Pakistan maintained from PAKNIC headquarters in Gulberg-V, Lahore. This way, domain names registered through PAKNIC will be managed within country and will be hosted in PakNIC data centers in U.S.A. for faster internet access and un-limited bandwidth.
PakNIC is planning to start its 2nd data center in Asia and currently is evaluating locations in Malaysia and Singapore. PAKNIC affirmed to keep domain prices as low as possible and offer huge discount to other small hosting companies and resellers.