Dot VN, Inc. Signs Danang City Office Lease

Dot VN, Inc., a Delaware corporation (“Dot VN” or the “Company”) (http://www.dotVN.com), (Pink Sheets: DTVIs), an Internet and Telecommunications Company and the exclusive online global domain name registrar for the Country of Vietnam, announced that it, through a wholly-owned Vietnamese subsidiary formed under the authority of the People’s Committee of the City of Danang (“Dot VN Danang”), has executed a two year lease for 95 square meters (~1,022 square feet) of office space located on the 9th floor of the Software Park Tower in downtown Danang City (the “Lease”).

The Software Park Tower office of Dot VN Danang (the “SP Tower Office”) will (i) manage the construction of the Danang City IDC; and (ii) capitalize on Danang City’s growing market of internet users and businesses that will need to register domain names and utilize Dot VN’s related service offerings. With the signing of the Lease, the Company continues to be on target and expects the SP Tower Office to be fully operational by the end of 2008.

“In addition to securing valuable property in Danang this past month to build an advanced Tier III data center, Dot VN is setting up a fully operational team to sell our domain registration and web services to the large and underserved market in Danang City and central Vietnam,” stated Thomas M. Johnson, Dot VN’s Chairman and Chief Executive Officer.

Dot VN, Inc. (http://www.DotVN.com) provides Internet and Telecommunication services for Vietnam. Vietnam Internet Network Information Center (“VNNIC”) awarded the Company an “exclusive long term contract” to be the first registrar to market and register its country code Top Level Domain (“ccTLD”) of .VN (Vietnam) via the Internet. Dot VN has established agreements with international ISP’s (Internet service providers) along with over 73 top domain resellers to commercialize .VN. Also, the Company is currently developing initiatives to offer Internet Data Center services and Wireless applications.