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In a press statement, Directi confirmed announced its more than $30 million investment for its  application for 31 new generic top level domain names ([[gTLD]]s) with [[ICANN]]'s [[New gTLD Program|new gTLD expansion program]]. The company also established [[Radix]] to serve as the registry operator for all the proposed 31 gTLDs including: [[.web]], [[.shop]], [[.bank]], [[.law]], [[.music]], [[.news]], [[.blog]], [[.movie]], [[.baby]],[[.store]], [[.doctor]], [[.hotel]], [[.play]], [[.home]], [[.site]], [[.website]], [[.click]], [[.online]], [[.one]], [[.ping]], [[.space]], [[.world]], [[.press]], [[.chat]], [[.city]], [[.deals]], [[.insurance]], [[.loans]], [[.app]], [[.host]] and [[.hosting]]. <ref>
 
In a press statement, Directi confirmed announced its more than $30 million investment for its  application for 31 new generic top level domain names ([[gTLD]]s) with [[ICANN]]'s [[New gTLD Program|new gTLD expansion program]]. The company also established [[Radix]] to serve as the registry operator for all the proposed 31 gTLDs including: [[.web]], [[.shop]], [[.bank]], [[.law]], [[.music]], [[.news]], [[.blog]], [[.movie]], [[.baby]],[[.store]], [[.doctor]], [[.hotel]], [[.play]], [[.home]], [[.site]], [[.website]], [[.click]], [[.online]], [[.one]], [[.ping]], [[.space]], [[.world]], [[.press]], [[.chat]], [[.city]], [[.deals]], [[.insurance]], [[.loans]], [[.app]], [[.host]] and [[.hosting]]. <ref>
 
[http://www.thedomains.com/2012/05/31/directi-invest-over-30-million-applies-for-31-new-gtlds-including-law-web-bank-shop/ http://www.thedomains.com/2012/05/31/directi-invest-over-30-million-applies-for-31-new-gtlds-including-law-web-bank-shop/]</ref>
 
[http://www.thedomains.com/2012/05/31/directi-invest-over-30-million-applies-for-31-new-gtlds-including-law-web-bank-shop/ http://www.thedomains.com/2012/05/31/directi-invest-over-30-million-applies-for-31-new-gtlds-including-law-web-bank-shop/]</ref>
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Directi CEO Bhavin Turakhia expects string contentions on the domain name strings his company is applying and they might end up in an auction. He said that his company is open to strategic partnerships with other parties. He said, ''"I expect there to be contention in all of them. Whether they will end up going to auction… we’re completely open to strategic partnerships with other industry players who we believe can add value and join hands with us, based on merit. We’ll be evaluating this on a case by case basis."'' <ref>[http://domainincite.com/archives/9174-directi-expects-all-31-of-its-gtlds-to-be-contested Directi expects all 31 of its gTLDs to be contested]</ref>
    
==References==
 
==References==
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