IEDR reduces prices by 20% for .ie internet domains

IEDR reduces prices by 20% for .ie internet domains

Wednesday, 14th December, 2005: The IE Domain Registry (IEDR), the managed registry for Ireland’s .ie domain names, has today announced its most significant price reduction to date; a 20% price reduction for new .ie domain registrations and renewals of domains with effect from 1st January 2006. This latest price reduction follows a series of price cuts, including 12.5% in January 2005 and 10% in January 2004.

The 20% price reduction has been introduced as a result of high growth rates of registrations, which have now surpassed 54,000, positioning .ie domain names as the Irish market leader, with 46% of the market. The surge in growth of registrations is largely driven by the IEDR’s internal process improvements, a buoyant economy and by the national roll-out of broadband, leading to an increased number of Irish businesses and consumers harnessing the full potential of the internet.

Commenting on the price reduction, David Curtin, the Chief Executive of the IEDR, said: “The IEDR is committed to giving consumers value for money, by taking the appropriate steps to reduce costs. The continued streamlining of our operational and administrative systems has enabled us to pass on the benefits of these efficiencies to our customers.”

For information:
Niall Quinn, Gibney Communications – 01 661 0402 / 086 827 4829