“We are honoured to have one of the most influential leaders in the global Internet community join our Board,” said Elliot Noss, President and CEO of Tucows. “Mr. Ito brings to Tucows a unique understanding of the Internet’s impact on business and society. We look forward to his strategic guidance and counsel.”

“Tucows is a true pioneer in the domain name and Internet services space,” said Joi Ito. “I look forward to participating in my role as a member of Tucows’ Board of Directors as the Company continues to innovate and grow.”

Mr. Ito is currently the CEO of Creative Commons, a non-profit organization devoted to information sharing initiatives for creative works, Neoteny Co. Ltd, a venture capital firm investing in Internet technologies and services, and Kula Co., Ltd., an internet software company. Mr. Ito is the Chairman of Six Apart Japan, a weblog software company; and serves as Director on numerous Boards including, Technorati, the preeminent search engine for blogs, Digital Garage, and Machinima.com. He also serves on the Board of The Mozilla Foundation. Mr. Ito has founded or co-founded several Internet companies, including PSINet Japan, Digital Garage and Infoseek Japan. He has served on the board of ICANN and continues to serve on various Japanese central and local government committees and boards, advising on IT, privacy and computer security related issues. Mr. Ito has been recognized by numerous publications as an influential Internet leader. Most recently, Mr. Ito was named by BusinessWeek as one of the 25 Most Influential People on the Web for 2008.

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:
Leona Hobbs
Director, Communications
Tucows
416-538-5450
lhobbs@tucows.com

Hover is a hassle-free domain management service that makes it easy for anyone to buy a domain name, set up a personalized email address and connect a domain name to all of their web services - in seconds.

“Many providers will sell you a domain name, but none make it really simple to use those names,” said Ross Rader, General Manager, Hover. “Our goal is to make domain names as easy to use as they are to buy.”

Hover’s features include:

• Hover’s innovative URL forwarding tools make it incredibly easy to manage your personal identity online:
  • Use Hover to point other people to various web pages. For example, rather than sending someone a link that looks like this: http://www.youtube.com/watch?v=OCutOJ5YfMk , you can use Hover to create “shortcuts” that look like this: http://awesomelawncare.com/tips or http://howto.awesomelawncare.com.
  • Hover helps users create personalized email and email forwards that share the same personalization as the domain name. This helps get rid of ugly email addresses like: lawncare99@hotmail.com, replacing them with personalized addresses like sales@awesomelawncare.com
• They also include simple, easy-to-use domain management tools like WHOIS privacy and DNS management all included at no extra charge.

Hover offers three options for selecting domain names:

• Use a simple search that offers helpful domain name suggestions to easily find that perfect domain name. At launch, Hover offers .COM, .NET, .ORG, .INFO, .BIZ, .US and .CA, with more options coming soon.
• Bring an existing domain name that you registered with another provider to Hover and take advantage of Hover’s advanced features and easy-to-use management tools.
• Choose a “Personal Domain” based on your first and last name for the ultimate in personalization. Hover offers access to over 39,000 surnames for web addresses and email.

Hover is the only domain name management service to offer a free trial, allowing users to check out some of the Hover tools before paying. Paid Hover accounts all include:

• A domain name
• Unlimited domain and link forwarding
• Easy POP, IMAP and webmail upgrade options
• Unlimited customer support via email, web and telephone
• Customized, ad-free and iPhone-compatible Hover page
• Easy-to-understand pricing with no confusing upsells or add-ons.

Hover is clear and open with users about their rights and responsibilities as a domain name owner. There are no over-complicated domain ownership rules or shifty practices. Instead Hover provides easy-to-read terms and conditions, an interactive Domain Name Timeline and other tools to give customers the information they need to manage domain names without a hassle.

“With Hover we’ve taken more than 12 years of experience selling domain names and combined it all with the latest web technologies to make domain name registration simple and less confusing,” said Elliot Noss, President and CEO, Tucows. “There’s no reason that the average person should feel intimidated, or confused when buying a domain name. Hover delivers on its promise to make a domain name as easy to use as it is to buy.”

Hover takes a “best practices” approach to domain sales, using Tucows wholesale services provided by OpenSRS as its foundation. Tucows Retail Services is unifying its ItsYourDomain (IYD) retail, NetIdentity and Domain Direct domain registration services on Hover. Customers of IYD (It’s Your Domain) were transferred to Hover last week. Domain Direct and NetIdentity customers can look forward to being transferred in early 2009.

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.

Our thoughts today are with the people who left us. They were our friends and colleagues, each made meaningful contributions to our business and were liked. We offer them our sincere thanks for their hard work and efforts and good wishes for them as they go forward.

We decided to take this step because of the uncertainty of overall economic conditions and the fact that our performance has been impacted by a number of unanticipated challenges during the first nine months of the year, including advertising revenues being dampened by the weakness in the economy and by reduced payouts to the domain channel by Google and Yahoo, which is in turn impacting domain portfolio advertising revenues and especially bulk domain portfolio sales.

I have also never seen a macro economic environment like we are seeing now. I am old enough to have lived through a number of down cycles but there are elements of this one that make it unique and that will take time to work through.

I am immensely proud of the great work our team has done together this year. The product launches of Butterscotch, Hover and Storefront. The brand launches of OpenSRS and YummyNames, and the smooth email migration to our new platform.

We are luckier than most in that what we sell, domain names and email, is more like milk and bread than like cars and refrigerators. We are also luckier than most in that we generate cash and will continue to.

As we look forward to 2009, I believe we have a strong team who will continue to innovate, to work efficiently and maintain our positive momentum. I fundamentally believe that our strength comes from our people and I look forward to working hard together over the coming weeks and months to exceed even our own expectations.

And again, today, our thoughts are with the people who have left.

“Despite a difficult environment, our third quarter revenue growth was driven by the strong performance of our OpenSRS Wholesale Services, primarily domain registration,” said Elliot Noss, President and CEO of Tucows. “A number of factors, including weakness in our email business and the general economy putting downward pressure on advertising has dampened our cash flow in 2008. In addition, the significant strengthening of the Canadian dollar during the quarter negatively impacted net income by over $1 million compared to the third quarter last year. As a result, while we still expect 2008 revenue and net income to grow compared to last year, we now expect cash flow from operations for 2008 to be lower than last year.”

Mr. Noss continued, “In 2008 we completed numerous initiatives that will result in growth across our business. These accomplishments, combined with a business model composed predominantly of high-volume, low-cost transactions for services essential to establishing and maintaining a presence on the Internet, position us well to weather challenging economic conditions.”

“Our business will continue to generate strong cash flow from operations,” said Noss. “This, combined with proceeds from the sale of our equity position in Afilias and the recent divestiture of non-core hosting assets will support our share buyback program, as we focus on realizing value for our shareholders.”

Net revenue for the third quarter of fiscal 2008 increased 13.1% to $20.1 million from $17.8 million for the third quarter of fiscal 2007. The increase was the result of the growth in both traditional domain registration services and domain portfolio services.

Adjusted net income for the third quarter of 2008 was a loss of $93,000 compared with adjusted net income of $1.1 million for the third quarter of 2007. Net loss was $71,000, or $0.00 per share, compared with a net loss of $311,000, or $0.00 per share, for the third quarter of fiscal 2007.

Deferred revenue at the end the third quarter of fiscal 2008 was $54.4 million, an increase of 9% from $49.8 million at the end of the third quarter of 2007 and unchanged from $54.4 million at the end of the second quarter of fiscal 2008.

Cash and restricted cash at the end of the third quarter of fiscal 2008 was $2.7 million compared with $6.2 million at the end of the third quarter of fiscal 2007 and $2.9 million at the end of the second quarter of fiscal 2008. This decrease compared to the second quarter of 2008 is primarily the result of cash used in operations of $107,000, additions to property, plant and equipment of $627,000 and the repayment of $479,000 of the Company’s bank loan, which was partially offset by $921,000 generated through the sale of the Company’s remaining hosting accounts.

EBITDA and Adjusted Net Income

To assist financial statement users in an assessment of the Company’s historical performance and to project its future earnings and cash flows, the Company has included earnings before interest, taxes, depreciation and amortization (EBITDA). EBITDA is presented because it is an important supplemental measure of performance frequently used by securities analysts, investors and other interested parties in the evaluation of companies. Other companies may calculate EBITDA differently. EBITDA is not a measurement of financial performance under generally accepted accounting principles (GAAP) and should not be considered as an alternative to cash flow from operating activities or as a measure of liquidity or an alternative to Net Income as indicators of operating performance or any other measures of performance derived in accordance with (GAAP). Because EBITDA is calculated before recurring cash charges, including interest expense and taxes, and is not adjusted for capital expenditures or other recurring cash requirements of the business, it should not be considered as a measure of discretionary cash available to invest in the growth of the business. See the Consolidated Statements of Cash Flows included in the attached financial statements. As a non-GAAP performance measure, EBITDA, has certain material limitations as follows:

• It does not include interest expense. Because the Company has borrowed money to finance some of its operations, interest is a necessary part of the Company’s costs and ability to generate revenue. Therefore, any measure that excludes interest has material limitations;
• It does not include depreciation and amortization expense. Because the Company must utilize capital assets in order to generate revenues, depreciation and amortization expense is a necessary and ongoing part of the Company’s costs. Therefore, any measure that excludes depreciation and amortization expense has material limitations; and,
• It does not include taxes. Because the payment of taxes is a necessary and ongoing part of the Company’s operations, any measure that excludes taxes has material limitations.

Management compensates for these limitations by considering the economic effect of the excluded expense items independently as well as in connection with its analysis of net earnings.

Adjusted Net Income represents EBITDA plus the additional adjustments described in the table below. The adjustments reflect the material amount of cash collected by the Company for domain registrations and other Internet services paid for the full term at the time of activation, with the revenue deferred, net of prepaid fees. In addition, adjusted Net Income reflects earnings and expenses considered as non-representative of ongoing business for the reasons specified below. Each of the items being adjusted for may create certain material limitations in the use of Adjusted Net Income as a non-GAAP financial measure. Adjusted Net Income is one of the primary measures the Company uses for planning and budgeting purposes, incentive compensation and to monitor and evaluate Tucows’ financial and operating results. Adjusted Net Income is not a measurement of financial performance under GAAP and should not be considered as an alternative to cash flow from operating activities or as a measure of liquidity or an alternative to net income as indicators of operating performance or any other measures of performance derived in accordance with generally accepted accounting principles. See the Consolidated Statements of Cash Flows included in the attached financial statements.

Conference Call

Tucows will host a conference call today, Monday, November 10, at 5:00 p.m. ET to discuss the Company’s third quarter 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 21286921 followed by the pound key. The telephone replay will be available until Monday, November 17, 2008 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. Our Retail group sells services directly to consumers and small businesses through Domain Direct, It’s Your Domain and NetIdentity. 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.

This release may contain forward-looking statements, relating to the Company’s operations or to the environment in which it operates, which are based on Tucows Inc.’s operations, estimates, forecasts and projections. These statements are not guarantees of future performance and are subject to important risks, uncertainties and assumptions concerning future conditions that may ultimately prove to be inaccurate or differ materially from actual future events or results. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, investors should not place undue reliance on these forward-looking statements, which are based on Tucows Inc.’s current expectations, estimates, projections, beliefs and assumptions. These forward-looking statements speak only as of the date of this presentation and are based upon the information available to Tucows Inc. at this time. Tucows Inc. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Toronto, November 3, 2008 - Tucows Inc., (AMEX:TCX, TSX:TC) a global Internet services company, announced today the launch of butterscotch.com, a new online video network that offers educational and user-friendly instructional shows designed to demystify technology for the average technology consumer. The website’s Fall lineup features a range of handy tutorials and TV-like shows aimed at making technology fun and easy to understand. Hosted by tech veterans Amber MacArthur, Andy Walker, Sean Carruthers, and Molly MacDonald, butterscotch.com aims to be the HGTV of the technology industry.

Butterscotch.com’s technology video content helps consumers understand and use products, services and software they may otherwise find too techie. The site launches with 35 video tutorials, with plans to reach 500 clips by next spring, featuring tech tips, tricks and “how-to’s” for the non-sophisticated technology consumer. It will also publish mutli-episode tutorial specials that will examine a range of topics such as “Facebook for Grownups,” and “Flickr for the Frightened.” Visitors can also view a news show that features the Internet’s best viral videos, called the “A-List,” “Miss-Download,” a show that highlights the best file downloads on the Internet, and “Lab Rats,” a wacky, tech advice show that already enjoys 150,000 weekly downloads.

Butterscotch.com adds a new dimension to Tucows.com, one of the oldest and most respected software download sites on the web. It further illustrates the company’s goal to provide simple, useful services that help people unlock the power of the Internet.
In addition to consumers, marketers at technology companies and retail outlets can use butterscotch.com content to help their own customers better understand the products they are offering, ultimately providing an overall improved customer experience.

Butterscotch.com offers unique opportunities for marketers including in-video advertising, private-labeled shows, syndication and product placement. More information is available at http://www.butterscotch.com/advertise.html.

“We’re proud of butterscotch.com’s Fall lineup of technology shows and look forward to adding more content that will wow and educate viewers about technology, ” said Andy Walker, General Manager, butterscotch.com. “We’ve expanded on what Tucows.com is all about and continue to provide fantastic content to help consumers fully enjoy the benefits of technology and how it fits into their every-day lives.”

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. Our Retail group sells services directly to consumers and small businesses through Domain Direct, It’s Your Domain and NetIdentity. 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.

TORONTO, NOVEMBER 5 - Tucows Inc. (AMEX:TCX, TSX:TC), a global provider of domain names, email and other Internet services, today announced it has sold all of its 7.38 equity interest in Afilias, a global provider of registry services, back to the company. The purchase price of $7.4 million is payable to Tucows in three cash installments: $3.2 million today; $2.1 million in June 2009; and $2.1 million in December 2009.

“This sale is another step in our stated goal to divest non-core assets in order to unlock hidden value for shareholders” said Elliot Noss, President and CEO of Tucows Inc. “The proceeds of the sale provide additional funds that will be used to fund further share repurchases.”

About Tucows

Tucows is a global Internet services company. OpenSRS manages over eight million domain names and millions of email boxes through a reseller network of over 9,000 web hosts and ISPs. Our Retail group sells services directly to consumers and small businesses through Domain Direct, It’s Your Domain and NetIdentity. YummyNames owns premium domain names that generate revenue through advertising or resale. Tucows.com remains one of the most popular software download sites on the Internet. More information can be found at http://tucowsinc.com.

This release may contain forward-looking statements, relating to the
Company’s operations or to the environment in which it operates, which are based on Tucows Inc.’s operations, estimates, forecasts and projections. These statements are not guarantees of future performance and are subject to important risks, uncertainties and assumptions concerning future conditions that may ultimately prove to be inaccurate or differ materially from actual future events or results. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, investors should not place undue reliance on these forward-looking statements, which are based on Tucows Inc.’s current expectations, estimates, projections, beliefs and assumptions. These forward-looking statements speak only as of the date of this release and are based upon the information available to Tucows Inc. at this time. Tucows Inc. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts:
Mary Magnani, MKR Group
mary@mkr-group.com
415-829-7879

Leona Hobbs, Tucows
lhobbs@tucows.com
416-538-5450

And we also have a social media release (SMR) which is a special webpage loaded with nearly a dozen videos, images, quotes and links about the announcement. You can view that here.

Of course, we’d also like to invite you over to the brand new YummyNames website where you can try a search or two and see what the portfolio has to offer.

Toronto, October 29, 2008 - Tucows Inc., (AMEX:TCX, TSX:TC) a global provider of domain names, email and other Internet services, today announced the launch of YummyNames, a new service providing exclusive access to a large selection of premium domain names from the Tucows Domain Name Portfolio. Created especially with marketers in mind, YummyNames allows people to search for and obtain the perfect domain name for their organization from tens of thousands of high-quality domain names.

A few of the YummyNames domain names available include countryrock.com, divorced.com, lemons.com, listener.com, mygarden.com, thepub.com, tool.com and veggies.com.
Marketers seeking high-quality domain names for their company, clients or campaigns can go to http://www.yummynames.com and search through a large portfolio of premium domain names. They have the option of purchasing a name outright or leasing the domain name for a finite period of time, the latter being a payment option particularly advantageous for short-term or seasonal marketing campaigns.

Developed and managed by a team of marketing and domain name veterans at Tucows, YummyNames is also a useful resource for SMB owners who recognize that obtaining a high-quality domain name is critical to the success of their business.

“It’s important for marketers and organizations to realize they don’t need to settle on a lousy domain name,” said Bill Sweetman, General Manager, YummyNames. “Domain names are a vital component to successfully marketing a brand – whether it’s the launch of a new company, website or marketing campaign. A high-quality domain name is short, relevant and most important, easy to remember. We’re excited to open the Tucows portfolio of premium domains to the public through YummyNames. We’re confident users will find their perfect name.”

“YummyNames, the public face of our domain portfolio service group, provides an additional means by which to realize the value of our domain portfolio assets to drive continued growth for the Company,” said Elliot Noss, President and CEO, Tucows.

About Tucows

Tucows is a global Internet services company.

OpenSRS manages over eight million domain names and millions of email boxes through a reseller network of over 9,000 web hosts and ISPs. Our Retail group sells services directly to consumers and small businesses through Domain Direct, It’s Your Domain and NetIdentity. YummyNames owns premium domain names that generate revenue through advertising or resale. Tucows.com remains one of the most popular software download sites on the Internet.

More information can be found at http://tucowsinc.com.

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 416-640-1917 or 1-877-289-8525 and enter the pass code 21286921 followed by the pound key. The telephone replay will be available until Monday, November 17, 2008 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. Our Retail group sells services directly to consumers and small businesses through Domain Direct, It’s Your Domain and NetIdentity. We hold a portfolio of approximately 150,000 domain names that are available for sale, monetized through advertising and support our wholesale Personal Names Service. Tucows.com remains one of the most popular software download sites on the Internet.

More information can be found at http://tucowsinc.com.

Tucows will offer a live audio webcast of its presentation as well as a 30-day archived replay, which may be accessed in the “Investor Relations” section of the Tucows corporate website at http://tucowsinc.com/investors/ and the “Featured Events” section at http://www.mkr-group.com.

Conference Details:

• RBC Capital Markets Growth Conference 5.0
• October 28, 2008
• MaRS Centre, Toronto, ON
• More information can be found at: http://www.rbccm.com

About Tucows

Tucows is 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. Our Retail group sells services directly to consumers and small businesses through Domain Direct, It’s Your Domain and NetIdentity. We hold a portfolio of approximately 150,000 domain names that are available for sale, monetized through advertising and support our wholesale Personal Names Service. Tucows.com remains one of the most popular software download sites on the Internet.

More information can be found at http://tucowsinc.com.

Contact:

Leona Hobbs
Director of Communications
Tucows, Inc.
(416) 538-5450
lhobbs@tucows.com

Todd Kehrli or Mary Magnani
Investor Relations
MKR Group, Inc.
(323) 468-2300
tcx@mkr-group.com