The following is our formal statement on the IANA IPR. We will post this on our website ASAP. Steve Crocker On behalf of the ICANN Board of Directors ICANN Statement re IANA Intellectual Property (IPR) We support the ICG proposal and the underlying proposals from CWG, CRISP and IANAPLAN. The ICANN Board is focused on how to implement the IPR component of the proposal. The ICANN Board believes that for stability and pragmatic operational reasons, the IANA Functions Operator must have operational control over the IANA.ORG domain. During the transition, ICANN is prepared to transfer full ownership of the IANA-related trademarks to a neutral third party mutually agreed among the operational communities with the understanding that ICANN, as the current IANA Functions Operator, will be granted license to those trademarks and ICANN will maintain operational control of the IANA.ORG domain for as long as ICANN remains the IANA Functions Operator. If the transfer during the transition affects the timeline, we advise delay until after the transition. In that event ICANN is ready to hold the IPR as interim measure but commits to transfer it within 120 days after the neutral third party is identified by the operational communities. We believe this is neutral and in the public interest. We look forward to hearing anyone in the community.