- Company Reports 7th Consecutive Quarter of Record Revenue -

TORONTO, Feb. 15, 2012 – Tucows Inc. (NYSE AMEX:TCX, TSX:TC), a global provider of domain names, email and other Internet services, today reported its financial results for the fourth quarter ended December 31, 2011. All figures are in U.S. dollars.

Summary Financial Results

(Numbers in Thousands of US Dollars, Except Per Share Data)

* 2011 results include a tax benefit of $0.06 per share related to the release of deferred tax asset valuation allowances.

Summary of Revenues and Cost of Revenues

(Numbers in Thousands of US Dollars)

“Our strong performance in the fourth quarter, highlighted by 19% year-over-year revenue growth to a record $26.4 million – our seventh consecutive quarter of record revenue – and solid cash flow from operations, concluded a year that was indicative of the consistency and reliability of our business, as well as our ability to efficiently deliver growth,” said Elliot Noss, President and Chief Executive Officer, Tucows Inc. “As a result, we also delivered our best year ever in terms of revenue at just over $97 million. Looking ahead, this efficiency, combined with what we believe is the best distribution channel in the Internet economy, firmly positions us to continue to consistently generate cash flow, while introducing new services with minimal capital investment or impact on operating expenses. Ting, our recently launched US mobile phone service, is a testament to our capabilities in this regard.”

Net revenue for the fourth quarter of 2011 increased 19% to a record $26.4 million from $22.1 million for the fourth quarter of 2010 and was driven by growth in each of the Company’s business groups.

Net income for the fourth quarter of 2011 was $6.1 million, or $0.11 per share, compared with net income for the fourth quarter of 2010 of $1.2 million, or $0.02 per share. Net income per share for the fourth quarter of 2011 includes a tax benefit of $0.06 per share related to the release of deferred tax asset valuation allowances during that quarter.

Deferred revenue at the end of the fourth quarter of 2011 was $69.2 million, an increase of 11% from $62.6 million at the end of the fourth quarter of 2010 and relatively unchanged from the end of the third quarter of 2011.

Cash and cash equivalents at the end of the fourth quarter of 2011 were $6.4 million compared with $4.2 million at the end of the fourth quarter of 2010 and $4.7 million at the end of the third quarter of 2011. The increase from the end of third quarter of 2011 is primarily the result of cash flow from operations for the fourth quarter of 2011 of $2.7 million, which was partially offset by the use of $0.7 million
for repayment of the Company’s credit facility and $0.2 million for investment in equipment.

As previously announced, subsequent to the end of the fourth quarter the Company completed the repurchase of 7.6 million of its shares at a purchase price of $0.77 per share for a total of $5.8 million under its modified “Dutch auction” tender announced on December 15, 2011. Since initiating its first share buyback program in February 2007, the Company has repurchased a total of 30.8 million shares through its buyback programs, representing 40.5% of the Company’s total shares outstanding at the end of January 2007.

Conference Call

Tucows management will host a conference call today, Wednesday, February 15, 2012 at 5:00 p.m. (ET) to discuss the Company’s fourth quarter 2011 results. Participants can access the conference call via the Internet at www.tucowsinc.com/investors.

For those unable to participate in the conference call at the scheduled time, it will be archived for replay both by telephone and via the Internet beginning approximately one hour following completion of the call. To access the archived conference call by telephone, dial 416-849-0833 or 1-855-859-2056 and enter the pass code 48872391 followed by the pound key. The telephone replay will be available until Wednesday, February 22, 2012 at midnight. To access the archived conference call as an MP3 via the Internet, go to http://tucowsinc.com/investors.

About Tucows

Tucows is a global Internet services company. OpenSRS (http://opensrs.com) manages over eleven million domain names and millions of email boxes through a reseller network of over 12,000 web hosts and ISPs. Hover (http://hover.com) is the easiest way for individuals and small businesses to manage their domain names and email addresses. Ting.com (https://ting.com) is a mobile phone service provider dedicated to bringing clarity and control to US mobile phone users. YummyNames (http://yummynames.com) owns premium domain names that generate revenue through advertising or resale. More information can be found on Tucows’ corporate website (http://tucows.com).

This release includes forward-looking statements as that term is defined in the U.S. Private Securities Litigation Reform Act of 1995. In particular, this release includes forward looking statements regarding our expectations as to our financial results, our future growth, the consistency of our business and our ability to generate cash. These statements are based on management’s current expectations and are subject to a number of uncertainties and risks that could cause actual results to differ materially from those described in the forward-looking statements. Information about potential factors that could affect Tucows’ business, results of operations and financial condition is included in the Risk Factors sections of Tucows’ filings with the Securities and Exchange Commission. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. All forward-looking statements are based on information available to Tucows as of the date they are made. Tucows assumes no obligation to update any forward-looking statements, except as may be required by law.

Tucows, OpenSRS, Hover, and YummyNames are registered trademarks of Tucows Inc. or its subsidiaries.

TORONTO and ORLANDO, FL, Feb. 15, 2012 – Tucows Inc. (NYSE: TCX) (AMEX: TCX) (TSX: TC), a global Internet services company dedicated to making simple useful services that unlock the power of the Internet, today announced that its OpenSRS wholesale services division has joined the Parallels Domain Name Network (DNN), allowing Parallels partners to quickly and easily signup to sell OpenSRS services.

Service providers using Parallels Automation, Parallels Business Automation Standard and Parallels Plesk Billing can now become OpenSRS resellers through the Parallels DNN at no charge. OpenSRS has now been integrated into Parallels billing applications with new, fully-supported plugins that enable resellers to sell and manage over 100 different domain name extensions, SSL digital certificates from five leading brands, and mobile websites.

“Joining the Parallels DNN is the logical extension of the work we’ve done over the last few months to integrate OpenSRS across Parallels software portfolio,” said Dave Woroch, EVP Sales, Tucows. “We’re excited that service providers using Parallels can now quickly become OpenSRS Resellers and take advantage of our industry-leading customer service and extensive lineup of products and services.”

The announcement was made at Parallels Summit 2012, the leading global annual gathering of the hosting and cloud industry. OpenSRS is a Gold Sponsor. Visit OpenSRS at booth #300 on the show floor to learn more about the full range of OpenSRS wholesale Internet services, and to see Parallels plugins for Parallels Business Automation, Parallels Business Automation Standard, and Parallels Plesk Billing in action.

Learn more at http://parallels.com/dnn

About Tucows

Tucows is a global Internet services company. OpenSRS (http://opensrs.com) manages over eleven million domain names and millions of email boxes through a reseller network of over 12,000 web hosts and ISPs. Hover (http://hover.com) is the easiest way for individuals and small businesses to manage their domain names and email addresses. Ting (http://ting.com) is a mobile phone service provider dedicated to bringing clarity and control to US mobile phone users. YummyNames (http://yummynames.com) owns premium domain names that generate revenue through advertising or resale. More information can be found on Tucows’ corporate website (http://tucows.com).

Tucows, OpenSRS, Hover, and YummyNames are registered trademark of Tucows Inc. or its subsidiaries.

For further information:
Le Quan Truong
Director of Marketing, OpenSRS
(416) 538-5450
ltruong@tucows.com

TORONTO, February 9, 2012– Tucows Inc. (TSX: TC, AMEX: TCX) plans to report its fourth quarter fiscal 2011 financial results via news release on Wednesday, February 15, 2012 at approximately 4:00 p.m. (ET). Tucows management will host a conference call the same day at 5:00 p.m. (ET) to discuss the results and the outlook for the company.

Participants can access the conference call via the Internet at http://tucowsinc.com/investors.

For those unable to participate in the conference call at the scheduled time, it will be archived for replay both by telephone and via the Internet beginning approximately one hour following completion of the call. To access the archived conference call by telephone, dial 416-849-0833 or 1-855-859-2056 and enter the pass code 48872391 followed by the pound key. The telephone replay will be available until Wednesday, February 22, 2012 at midnight. To access the archived conference call as an MP3 via the Internet, go to http://tucowsinc.com/investors.

About Tucows

Tucows is a global Internet services company. OpenSRS manages over eleven million domain names and millions of email boxes through a reseller network of over 12,000 web hosts and ISPs. Hover is the easiest way for individuals and small businesses to manage their domain names and email addresses. Ting (http://ting.com) is a mobile phone service provider dedicated to bringing clarity and control to US mobile phone users. YummyNames owns premium domain names that generate revenue through advertising or resale. More information can be found on Tucows’ corporate website.

Tucows, OpenSRS, Hover, and YummyNames are registered trademark of Tucows Inc. or its subsidiaries.

Contact:
Lawrence Chamberlain
TMX Equicom
(416) 815-0700 ext. 257
lchamberlain@equicomgroup.com

Ting Promises “Mobile That Makes Sense”

TORONTO, Feb. 2, 2012 – Tucows Inc. (NYSE AMEX:TCX, TSX:TC), a global Internet services company dedicated to making simple useful services that unlock the power of the Internet, today announced the launch of Ting, a mobile phone service dedicated to bringing clarity and control to US mobile phone customers.

Small businesses and families in the US are overpaying for mobile service and underserved by their mobile service providers. With Ting, Tucows seeks to offer a fresh alternative by emphasizing clarity, usability, a sincere commitment to customer support and significant monthly savings.
Read the rest of this entry »

TORONTO – January 26, 2012 – Tucows Inc. (NYSE AMEX:TCX), (TSX:TC), a global provider of domain names, email and other Internet services, announced today the final results of its modified “Dutch auction” tender offer, which expired at 5:00 p.m., New York City time, on January 20, 2012. Tucows will purchase 7,570,178 shares of its Common Stock at a purchase price of $0.77 per share, for a total cost of $5,829,037, excluding fees and expenses related to the tender offer. Payment for shares accepted for purchase will be funded from a combination of available cash and two demand loan revolving facilities Tucows currently has with the Bank of Montreal.
Read the rest of this entry »

TORONTO – January 23, 2012 – Tucows Inc. (NYSE AMEX:TCX), (TSX:TC), a global provider of domain names, email and other Internet services, announced today the preliminary results of its modified “Dutch auction” tender offer, which expired at 5:00 p.m., New York City time, on January 20, 2012. Tucows expects to purchase up to 7,569,952 shares of its Common Stock at a purchase price of $0.77 per share, for a total of $5,828,863. The 7,569,952 shares expected to be purchased are comprised of the 6,500,000 shares Tucows offered to purchase and 1,069,952 shares to be purchased pursuant to Tucows’ right to purchase up to an additional 2% of the shares outstanding immediately prior to the commencement of the tender offer. Tucows intends to fund the tender through a combination of available cash and two demand loan revolving facilities Tucows currently has with the Bank of Montreal (“BMO”).
Read the rest of this entry »

The proposed SOPA (and equally odious “Protect IP Act“) legislation is fundamentally flawed in how it works and the damage it is likely to do to the Internet, which has been the greatest platform for innovation the world has ever seen. For that reason we will be joining the blackout organized by our friends at Reddit by blacking out the Tucows Software Download site on January 18th from 8am to 8pm EST (1300-0100 UTC).

The Internet is a global creature. A “Made in the USA” solution will no more work to stop the problems talked of than would one made in any other single nation state. Worse, the US has been at the forefront of ensuring that the Internet has remained free and a platform for innovation for the last fifteen years. With SOPA, or ProtectIP, that leadership will effectively end and Syria, China, Iran and others will not only use the US as a role model, they will also use these actions as further evidence of US control of the Internet and justification for trying to turn it over to the UN/ITU. This is best described by Susan Crawford.

Worse, the legislation itself is fundamentally corrupt. It is bought and paid for by big media, trying vainly to protect anachronistic business models. This has been demonstrated clearly in all of the hearings and the very conduct of the debate. Listening to how deeply uninformed those being asked to legislate this issue are has been nothing short of scary. Watching how support and opposition has lined up has been disheartening. This is the worst example of the kind of fundamental corruption that is at the heart of the US political system currently and is well defined by Professor Larry Lessig. If you have ten minutes please watch this video on the subject. If you have an hour please watch this one.

The Internet is not a corpus, it is not a thing. It is a series of protocols, which are really agreements on how computers will behave when connected to the Internet. Treating the Internet like a thing to be legislated and controlled is as ill conceived as treating “Intellectual Property” like physical property and leads to even greater perversions. If governments squeeze too tightly, the Internet as we know it will simply get up and walk away. It will fracture and split with a “clean” Internet and a much larger Darknet. than there is today, but not one used mainly for file sharing. Instead the Darknet will become the real Internet. Brands will sell things and Media will offer content on the “Cleannet”, but the Darknet will be where ideas are shared, plans are made, memes are propagated and where most of the cool people, including most of our children, will be.

Prohibitions have never worked to change behaviours. They simply make people who fear things feel good and create a new mini-industry for fear mongers to make money off of. They do not change behaviours.

If you wish to get involved we suggest you visit Stop American Censorship, BlackoutSOPA.org and that you follow @tucows on Twitter where we’re we’ll be tweeting regularly about the movement to stop SOPA.

TORONTO, Dec. 20, 2011 – Tucows Inc. (NYSE AMEX:TCX), (TSX:TC) a global provider of domain names, email and other Internet services, announced today that it is commencing its modified “Dutch auction” tender offer to repurchase up to 6,500,000 shares of its common stock, representing approximately 12.2% of Tucows’ outstanding shares, as previously announced on December 15, 2011. The closing price of Tucows common stock on the NYSE Amex on December 19, 2011 was $0.75.
Read the rest of this entry »

TORONTO, Dec. 15, 2011 – Tucows Inc. (NYSE AMEX:TCX, TSX:TC) a global provider of domain names, email and other Internet services, announced today that it intends to commence a modified “Dutch auction” tender offer to repurchase up to 6,500,000 shares of common stock, representing approximately 12.2% of Tucows’ outstanding shares. The tender offer is expected to commence on Tuesday, December 20, 2011 and to expire, unless extended, at 5:00 P.M., New York City Time, on Thursday, January 19, 2012. Tucows also announced that it has suspended its normal course issuer bid which commenced in November 2011 pursuant to which Tucows has repurchased 23,765 shares of common stock.
Read the rest of this entry »

Tucows is proud to be a StopBadware partner. StopBadware is an organization that strives to make the Web safer through the prevention, mitigation, and remediation of badware websites.

StopBadware’s goals are right in line with our corporate vision which states that “Tucows seeks to provide simple, useful services that help people unlock the power of the Internet.” The removal and prevention of badware is key in making the Internet more effective for all users.

Badware is defined as software that fundamentally disregards a user’s choice about how his or her computer or network connection will be used. Some examples include things like browser toolbars that users are tricked into installing that steal personal information or malware like viruses that takeover a user’s computer to send spam or spread more badware to other unsuspecting users.

We obviously think badware is bad and has no place on the Internet and we support StopBadware in there efforts to help stop it.

Visit StopBadware.org to learn more.