1994
Gregory Paley, a business lawyer in Seattle, provides legal and professional services to his business law clients whom are starting to form software development, graphic design and high-technology companies. He attends one of the first Internet trade shows in Seattle.
1995
Greg is invited to serve a as Board Member for a web design company created by a group of lead interface designers from a large software company in Redmond. Greg sees the potential of the Internet and begins registering domain names and planning an online media network based upon universal themes such as travel, sports, entertainment, and business.
The first generation of our web sites goes live later in the year and a Company is formed to manage and oversee the domain properties.
1996-1997
Company enters into an alliance with one of Sweden’s first and best known Internet companies. Full scale production of the sites begins in Stockholm.
1998
Company explores strategic partnerships with domestic and international companies to manage growth and expansion of the network. Sites grow quickly and begins attracting significant numbers of users.
1999
Operating entity called “Virtual Countries” is formed. Gregory provides seed capital, and begins assembling a development, content, and management team in Seattle. He assumes responsibility for the operation and management of the business.
2000
Additional team members are recruited. Sites are redesigned as portals with online communities that offer vanity email, search engines, chat, and discussion boards. Soon many of the sites are amongst the most popular destinations on the Web in their respective categories.
Trademarks are filed.
Company opens its first overseas office in New Zealand, appoints representatives in Scotland and Ecuador. Company begins forms alliances with peer companies in Scotland, Turkey, Switzerland, and New Zealand.
Company opens correspondent office in Beijing China and quickly grows to a staff of 50.
Gregory secures a $9.5 million funding commitment from outside investors.
2001
After developing and operating Switzerland.com since 1995, the site becomes one of the most popular online properties about Switzerland and attracts the attention of Swiss Tourism which acquires the site from Company.
The Internet bubble “bursts” and Company curtails overseas expansion.
2002
A unmeritorious WIPO action (Case No. D2002-0754) is brought against Company by the New Zealand Government claiming ownership of NewZealand.com. Government asserts that there can be no private right of ownership in GeoDomains.
The Puerto Rico Government files a WIPO action (Case No. D2002-1129) against Company and asserts similar claims against Company’s ownership of PuertoRico.com.
WIPO panelists find in favor of Company and rule that the New Zealand Government had enaged in Reverse Domain Name Hijacking and that the NZ Government brought its action in bad faith.
2003
In a parallel proceeding, WIPO panelists rule against the Government of Puerto Rico in its action against Company. The Panelists also affirm Company’s right to own and operate PuertoRico.com.
NewZealand.com is acquired by New Zealand Trade Board after Company has built the site into one of leading portal and destination sites about the country.
Having spent years in litigation and legal proceedings to protect its commercial interests, Company validates the right of private ownership in domains based upon the geographical names of countries and regions.
Company repurchases all stock held by outside investors.
2004
Company resumes development of its Network.
2005
Virtual Countries re-brands under its current name, NewMedia Holdlings.
2006
Each of the domain assets sequentially undergoes a complete update and redesign with development now based upon a scalable suite of proprietary software and technology tools. An editorial department is created to regularly contribute fresh content which is written exclusively for the sites.
2007
Company begins localizing its sites and begins adding content in the Afrikaans, Arabic, French, Russian, Spanish, and Ukrainian languages and retains local editors to report on events in major cities.
2008
Company begins co-branding its GeoDomains as “Channels” to reflect enhanced features, content and improvement, and files additional trademark appliciatons.
2009
Company is granted registration of thirteen new trademarks under such brands as Scotland Channel, Puerto Rico Channel, Stock Markets Channel and Musicians Channel.
With development of its flagship Russian portal Russia.com completed, the media asset is acquired by a unrelated third party buyer.
Travel widgets are implemented acrfoss Company’s travel network and in less than one year more than 100,000 leads generated for travel partners.
2010
Company remains the single largest owner of the Country.com domain names and continues publising content and growing its online communities.
More than 180,000 leads generated by Company for its travel partners.
2011
Company publishes its 15,000th page of orginal content, and generates more than 200,000 new customer leads for its affiliates.
