TORONTO, May 4 – Tucows Inc. (NYSE AMEX: TCX, TSX:TC), through its wholesale reseller services group OpenSRS, will present a seminar at Web 2.0 Expo San Francisco on Tuesday, May 4, 2010 at 11:10 A.M. (PDT), that will encourage providers of web-based, online publishing and presence services to consider domain names as part of their approach to namespaces.

In a presentation entitled, “My Name is URL-Namespaces & Revenue Models,” Ken Schafer, Executive Vice President of Products, Tucows Inc., will discuss the opportunity companies have to enhance the user experience and generate significant revenue by offering a domain name, or web address, as an option with any service that helps users establish a presence online. Prior to joining Tucows in 2006, Schafer spent 12 years developing new Internet strategies for dozens of companies, including Sony Music Canada.

“Service providers need to think a little bit more about the web addresses they give their end users,” said Schafer. “Right now they tend to think of it as an afterthought or maybe as a marketing tool. One thing that they’re really missing is the fact that those web addresses could be a real revenue opportunity.”

Schafer explains that Web 2.0 companies don’t have to choose between delivering a great user experience and generating revenue. “We all know that for Web 2.0 companies, revenue models can really be elusive at times,” Schafer said. “This is something that people can be really excited about bringing to their businesses. It’s an opportunity for them to quickly integrate a new revenue stream and for their customers to share information more easily and to build online identities.”

This marks the first time that OpenSRS is sponsoring and attending Web 2.0 Expo San Francisco.

About Tucows

Tucows is a global Internet services company. OpenSRS manages over 10 million domain names and millions of email boxes through a reseller network of over 10,000 web hosts and ISPs. Hover is the easiest way for individuals and small businesses to manage their domain names and email addresses. YummyNames owns premium domain names that generate revenue through advertising or resale. Butterscotch.com is an online video network building on the foundation of Tucows.com. More information can be found at http://tucowsinc.com.

About Web 2.0 Expo

Web 2.0 Expo, co-produced by O’Reilly Media, Inc. and UBM TechWeb, showcases the latest Web 2.0 business models, development paradigms and design strategies for the builders of the next-generation Web. This annual multi-track conference brings together people, ideas, connections, contacts, products, and companies to foster stronger Web 2.0 communities. Web 2.0 Expo events occur in San Francisco and New York and feature influential keynotes and speakers, detailed workshops, a Launch Pad start-up program, an Expo show floor, a Web2Open unconference and rich networking events. For more information, please visit: http://www.web2expo.com.

TUCOWS is a registered trademark of Tucows Inc. or its subsidiaries. All other trademarks and service marks are the properties of their respective owners.

Web 2.0 Expo
www.web2expo.com

Seminar: My Name is URL – Namespaces & Revenue Models
http://www.web2expo.com/webexsf2010/public/schedule/detail/14079
http://www.blip.tv/file/3475392/

OpenSRS
www.opensrs.com

Tucows
www.tucowsinc.com

For further information: Le Quan Truong, Director of Marketing, OpenSRS, Tel: (416) 575-9382, ltruong@tucows.com

Recently we’ve been able to put our money where our mouths are by helping to sponsor the UCOSP (Undergraduate Capstone Open Source Projects), being run by Greg Wilson out of the University of Toronto.

To paraphrase their own website:

Starting in September 2009, computer science students from several universities in Canada and the US are taking part in a set of joint capstone projects in order to learn first-hand what distributed development is like. Each team will have students from two or  three schools, and will use a mix of agile and open source processes under the supervision of a faculty or industry lead.

What it really means is that students from schools all over Canada (and some from the US and Caribbean) get to earn course credits by working in teams on an open-source project – for example, ElmCity, Ingres, Thunderbird, Eclipse4Edu, etc. It’s a multi-layered challenge for them as they need to figure out how to work in a distributed team, plan their time vs. their other courses, learn how to participate in an open-source project, and…oh yeah, code useful contributions!

MarkUs: Young coders that participated in the UCOSP Code Sprint

The kickoff was back at the beginning of October, when all participants were brought together in Toronto for a weekend to meet each other, learn about their projects, and figure out how they would coordinate their efforts. From there the students have been working remotely using Agile methodologies, and blogging their progress.

For us at Tucows it’s great to get involved with some bright, budding talent and help them get a taste for delivering in ‘the real world’.

If you want to know more about the program, or get involved, go ahead and visit the website!

Jody Stocks is the Senior Director of Software Engineering at Tucows Inc.

The photo is courtesy of Greg Wilson, UCOSP.

One Web Day is here! Join us in celebrating this year’s theme: One Web. For All. Tucows believes: “The Internet is the greatest agent for positive change the world has ever seen.”

Tucows Supports Little Geeks and Internet Access

This is our second year celebrating One Web Day. Our focus is on Little Geeks and helping provide Internet access and computers to those who don’t have computers. Through Little Geeks we aim to provide computers to those who wouldn’t normally be able to afford them. Tucows is a strong supporter of Little Geeks which was founded by Andy Walker who runs Butterscotch.com, an online video network that is a part of Tucows Inc.

We are opening our doors this afternoon to take donations from the general public. More information on the kinds of systems that we’re interested in can be found on the Little Geeks website. In general, Little Geeks is seeking Pentium IIIs or G3 Macs or better. System parts also welcome. Tax receipts will be issued for computer donations. Cash donations for Little Geeks are also welcome.

What: Drop off your used computer systems to be refurbished and given to those in need right here in the Greater Toronto Area. Cash donations are also welcome.
When: September 22, 2009 from 1 p.m. until 5 p.m.
Where: Tucows Head Office, 96 Mowat Ave., Toronto, M6K 3M1 (view on Google maps)

One Web Day Toronto Evening event

Tonight we’re joining the Toronto Internet community to celebrate One Web Day. There will be some cocktails and food sponsored by Tucows, Mozilla and WikiDOMO.

Leading up to One Web Day there were a number of creative projects including the
“I Love the Web Poster-and-Picture-Fest“. The idea was to grab a poster and take some pictures with it to celebrate. See all the great pictures on Flickr. We have an event later today at the Tucows head office and will be taking photos with posters too. Join us by taking pictures with your organizations.

One Web Day Toronto Evening event

Here’s a great OWD video that includes posters and pictures:

We hope that you can donate or celebrate in your community. Happy One Web Day!

TORONTO, May 13, 2009 – Tucows Inc., (AMEX:TCX, TSX:TC) a global provider of domain names, email and other Internet services, today reported its financial results for the first quarter of 2009 ended March 31, 2009. All figures are in U.S. dollars.

“During the first quarter of 2009, we saw continued strength in domain registrations through our OpenSRS wholesale services business, marked by the highest number of new registrations since the second quarter of 2000 and strong year-over-year growth in renewal transactions,” said Elliot Noss, President and CEO of Tucows. “In our YummyNames branded domain portfolio business, we completed a $1 million bulk domain name sale and executed an arrangement with the buyer committing them to ongoing domain purchases over the next 12 to 18 months. The contributions from these businesses in the first quarter resulted in strong revenue growth, profitability and solid cash flow from operations.”

Net revenue for the first quarter of 2009 increased 7.4% to $20.1 million from $18.7 million for the first quarter of 2008. The increase was primarily the result of growth in both new registrations and renewals from our domain registration service, as well as higher domain portfolio sales.

Net income for the first quarter of 2009 was $1.0 million, or $0.01 per share, compared with a net loss of $1.1 million, or $0.01 per share, for the first quarter of 2008. Net income for the first quarter included a loss on foreign exchange of $0.7 million, inclusive of a mark to market gain of $0.1 million, compared to a loss on foreign exchange of $0.1 million, inclusive of a mark to market loss of $0.3 million in the first quarter 2008.

Deferred revenue at the end the first quarter of fiscal 2009 was $56.7 million, an increase of 5.7% from $53.6 million at the end of the first quarter of fiscal 2008 and an increase of 4.5% from $54.2 million at the end of the fourth quarter of fiscal 2008.

Cash and cash equivalents at the end of the first quarter of fiscal 2009 was $4.0 million compared with $7.5 million at the end of the first quarter of fiscal 2008 and $5.4 million at the end of the fourth quarter of fiscal 2008. This decrease in cash compared with the fourth quarter of 2008 is primarily the result of the Company’s repurchase of its shares valued at $1.8 million (including the Company’s modified Dutch auction tender offer) and the repayment of $479,000 of the Company’s bank loan. This was partially offset by the generation of cash from operations of $913,000.

Conference Call

Tucows will host a conference call today, Wednesday, May 13, 2009 at 5:00 p.m. ET to discuss the Company‚Äôs first quarter fiscal 2009 results. To access the conference call via the Internet go to http://tucowsinc.com/investors and click on “Financials.”

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 416-640-1917 or 1-877-289-8525 and enter the pass code 21303435 followed by the pound key. The telephone replay will be available until Wednesday, May 20, 2009 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 8 million domain names and millions of email boxes through a reseller network of over 9,000 web hosts and ISPs. Hover is the easiest way for individuals and small businesses to manage their domain names and email addresses. YummyNames owns premium domain names that generate revenue through advertising and resale. Butterscotch.com is an online video network building on the foundation of Tucows.com. More information can be found http://tucowsinc.com.

For further information: Lawrence Chamberlain, The Equicom Group for Tucows Inc., (416) 815-0700 ext. 257, lchamberlain@equicomgroup.com

“We are pleased to welcome Rawleigh to the Tucows Board,” said Elliot Noss, President and CEO of Tucows. “Mr. Ralls brings a wealth of industry experience gained through his leadership of Netidentity.com, as well as the perspective gained through two decades of investing and portfolio management experience. I look forward to his contribution to the Board as we focus on growing the Company and realizing value for our shareholders.”

“Tucows is a recognized leader in the Internet services space whose unique focus on the service provider market provides significant opportunity,” said Mr. Ralls. “I look forward to my new role as a member of the Company’s Board of Directors.”

Mr. Ralls is a founding partner of Lacuna, LLC, an investment management company focused on both public and private companies. Prior thereto, he was Chairman of Netidentity.com, an Internet email and web hosting company, where he led corporate strategy and development until the firm’s sale in 2006. Mr. Ralls currently serves on the Board of Directors of a number of companies, including Savoya, LLC, IntraOp Medical, Knowledge Factor, Mocapay, Inc, and SageFire, Inc.

About Tucows

Tucows is a global Internet services company. OpenSRS manages over 8 million domain names and millions of email boxes through a reseller network of over 9,000 web hosts and ISPs. Hover is the easiest way for individuals and small businesses to manage their domain names and email addresses. YummyNames owns premium domain names that generate revenue through advertising or resale. Butterscotch.com is an online video network building on the foundation of Tucows.com. More information can be found at http://tucowsinc.com.

For further information: Lawrence Chamberlain, The Equicom Group for Tucows Inc., (416) 815-0700 ext. 257, lchamberlain@equicomgroup.com

The price per share and the proration factor are preliminary and subject to verification by StockTrans, Inc., the depositary for the tender offer. The actual price per share and the proration factor will be announced promptly following completion of the verification process.  After the determination of the actual price per share and the proration factor, the depositary will issue payment for the shares accepted under the tender offer and return all shares not accepted.

Tucows commenced the tender offer on February 12, 2009, when it offered to purchase up to 4,000,000 shares of its Common Stock at a price between $0.36 and $0.45 per share, net to the seller in cash, without interest. As a result of the completion of the tender offer, Tucows expects to have 68,823,782 shares issued and outstanding as of the time immediately following payment for the tendered shares.  Subject to the rules and regulations of the Securities and Exchange Commission, Tucows may, from time to time at management’s discretion, repurchase up to approximately 6,361,769 additional shares of its Common Stock on the open market under its previously authorized share buyback program.

About Tucows

Tucows is a global Internet services company.  OpenSRS manages over 8 million domain names and millions of email boxes through a reseller network of over 9,000 web hosts and ISPs.  Hover is the easiest way for individuals and small businesses to manage their domain names and email addresses.  YummyNames owns premium domain names that generate revenue through advertising or resale.  Butterscotch.com is an online video network building on the foundation of Tucows.com.  More information can be found at http://tucowsinc.com.

For further information: Lawrence Chamberlain, The Equicom Group for Tucows Inc., (416) 815-0700 ext. 257, lchamberlain (at) equicomgroup.com.

This news release contains, in addition to historical information, forward-looking statements related to such matters as our business, including the price per share at which Tucows will purchase shares, the proration factor and the repurchase of additional shares of Tucows‚Äô common stock. Such statements are based on management’s current expectations and are subject to a number of uncertainties and risks, which 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 included in this document are based on information available to Tucows as of the date of this document, and Tucows assumes no obligation to update such forward-looking statements.

Tucows is a registered trademark of Tucows Inc. or its subsidiaries. All other trademarks and service marks are the properties of their respective owners.

“We believe our shares to be an attractive investment and their repurchase by the Company to be a prudent use of cash that is consistent with our long-term objective to create shareholder value,” said Stanley Stern, Chairman of the Board of Tucows.

Under the tender offer, shareholders will have the opportunity to tender some or all of their shares at a price within the $0.36 to $0.45 per share price range. Based on the number of shares tendered and the prices specified by the tendering shareholders, Tucows will determine the lowest per share price within the range that will enable it to buy 4,000,000 shares. If shareholders of more than 4,000,000 shares properly tender their shares at or below the determined price per share, Tucows will purchase shares tendered by such shareholders, at the determined price per share, on a pro rata basis. Additionally, if more than 4,000,000 shares are properly tendered, the number of shares to be repurchased by Tucows pursuant to the tender offer may, at the discretion of Tucows, be increased by up to 2% of Tucows’ outstanding shares, or approximately 1,461,500 shares, without amending or extending the tender offer.

Shareholders whose shares are purchased in the offer will be paid the determined purchase price per share net in cash, without interest, after the expiration of the offer period. The offer is not contingent upon any minimum number of shares being tendered. The offer is subject to a number of other terms and conditions specified in the offer to purchase that is being distributed to shareholders. The offer will expire at 5:00 p.m., New York City time, on Friday, March 13, 2009, unless extended by Tucows.

The information agent for the offer is StockTrans, Inc. None of Tucows, its board of directors or the information agent is making any recommendation to stockholders as to whether to tender or refrain from tendering their shares into the tender offer. Shareholders must decide how many shares they will tender, if any, and the price within the stated range at which they will offer their shares for purchase by Tucows.

This press release is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any shares of Tucows’ common stock. The offer is being made solely by the offer to purchase and the related letter of transmittal. Investors are urged to read Tucows’ tender offer statement on Schedule TO filed with the Securities and Exchange Commission in connection with the tender offer, which includes as exhibits, the offer to purchase and the related letter of transmittal, as well as any amendments or supplements to the statement when they become available, because they contain important information. Each of these documents has been or will be filed with the Securities and Exchange Commission, and investors may obtain them for free from the Securities and Exchange Commission at its website (www.sec.gov) or from StockTrans, Inc., the information agent for the tender offer, by directing such request to: StockTrans, Inc., Attn: Re-Organization Dept., 44 West Lancaster Avenue, Ardmore, PA 19003, telephone (800) 733-1121.

About Tucows

Tucows is a global Internet services company. OpenSRS manages over 8 million domain names and millions of email boxes through a reseller network of over 9,000 web hosts and ISPs. Hover is the easiest way for individuals and small businesses to manage their domain names and email addresses. YummyNames owns premium domain names that generate revenue through advertising or resale. Butterscotch.com is an online video network building on the foundation of Tucows.com. More information can be found at http://tucowsinc.com.

For further information: Lawrence Chamberlain, The Equicom Group for Tucows Inc., (416) 815-0700 ext. 257, lchamberlain@equicomgroup.com

This news release contains, in addition to historical information, forward-looking statements related to such matters as our business, including the timing and total number of shares to be purchased under the proposed tender offer and our long-term objectives. Such statements are based on management’s current expectations and are subject to a number of uncertainties and risks, which 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 included in this document are based on information available to Tucows as of the date of this document, and Tucows assumes no obligation to update such forward-looking statements.

‚Ä®

TUCOWS is a registered trademark of Tucows Inc. or its subsidiaries. All other trademarks and service marks are the properties of their respective owners.