Released on: 31, December 1969
, Author: Earnpin LEe
, Audience: Internet related
Rural School Project in Cambodia was brought to a whole newheight with the acquisition of the domain name Kumomo.com!On 19th November 2006, the domain Kumomo.com was registered. The Kumomo Project hasbeen developed by the team at 1.com.my to match ad space owners and buyers. At thesame time, a portion of the money is donated to a charitable cause. The firstcharity organization the Kumomo Team engaged was American Assistance for Cambodia(AAC).In the recent months, an anonymous corporation has expressed keen interest in thedomain name Kumomo.com. After a few rounds of discussions, they have decided to takefull ownership of the domain name Kumomo.com and would make the necessarycompensation to the project.Most importantly, with the acquisition of the domain name, they have also generouslyagreed to donate USD26,000 to build 2 schools in Cambodia. This is in addition tothe sum that has been collected from all members' contribution to the Kumomo TreeProject all these while. "Thank you very much for your very generous arrangement and gesture to turn thissum over to us to build two schools. We are very grateful and so will be hundredsof Cambodia children who will benefit by gaining an education they would otherwisewould not be able to pursue," said Bernard Krisher, Chairman of AAC.What's next?Upon this stage of ownership transfer, the ex-Kumomo team will change to a new nameand the effort to develop this ad booking platform will continue. A date of transferis not confirmed, rather more, it is assured that there are various plans to add alot of new features in the next release to help monetize the spaces on Kumomo.com.It is with great awareness that this sudden change would cause variousinconveniences to members. Yet the apologizes will hopefully be compensated with theadditional funds which will be used in helping to accelerate the process of puttingmore Cambodian children in schools. The construction of both The Kumomo Tree One andTwo School in Kompong Cham province is expected to begin in mid February and shouldbe completed in July 2008.
In the meantime, Kumomo members will be:1) kept updated on the construction progress of the 2 schools2) notified once our new platform is released
And with that, on behalf of the Cambodian children and the ex-Kumomo team, wishes toexpress their highest gratitude to all that's been part of the success andhappenings.
Source: Express-Press-Release.com
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