From USA Today:
New Internet addresses for general use could start appearing in the summer of 2008 under a timeline the Internet’s key oversight agency announced Thursday.
The Internet Corporation for Assigned Names and Numbers invited public comment on procedures for creating new names, the first expansion for general use since 2000. Names added since then have been limited to specific regions or industries…
ICANN solicited additional applications in 2004 and has approved six regional or industry-specific names, such as “.travel” and “.asia,” while rejecting “.xxx” for the adult entertainment industry.