Others are sceptical, though. They worry that an expansion will mean more addresses available to scams that use similar-sounding names such as Amazom rather than Amazon to trick people into giving passwords and credit card information.
Others worry that new suffixes could create additional platforms for hate groups or lead to addresses ending in obscenities.
The oversight agency for Internet addresses, the Internet Corporation for Assigned Names and Numbers, spent years crafting guidelines meant to curtail nefarious activities. Still, critics say ICANN is rushing to expand the naming system without putting enough safeguards in place.
You dont want a ship to have holes… and ask everybody to come on board, said Dan Jaffe, the chief lobbyist at the Association of National Advertisers, which represents 400 companies and 10,000 brand names.
You should close the holes, then run a pilot project to see if the systems you put in place are actually effective.
Theres also a question of how useful the new names will be, at least among English speakers. Alternatives to .com introduced over the past decade have had mixed success. These days, internet users are more likely to type new Muppet movie into their browsers search box than to know the official site is at Disney.go.com/muppets.
ICANN will start taking bids for new suffixes on Friday morning, Australian time.
That doesnt mean people will be able to type in Caribbean.vacation or iPad.Apple right away.
Initial bidding will stay open until April. After that, ICANN will accept challenges for trademark conflicts and other reasons. Auctions would be held should multiple bidders seek the same suffix. It could take months more for winning bidders to set up.
The new names wont appear in general use until at least early 2013. Applicants facing challenges may have to wait until 2014.
Names will be restricted to the richest companies and groups, as it will cost $US185,000 ($179,000) to apply and at least $US25,000 a year to maintain one. A 10-year commitment is required. The fees do not include operational costs, such as computers and staff.
By comparison, a personal address with a common suffix such as .com usually costs less than $US10 a year.
Despite the start-up costs, suffixes could be lucrative to the winning bidders. A company called ICM Registry receives some $US60 a year for every .xxx registered. Its not just pornography sites interested. Colleges and universities have been buying names such as KUgirls.xxx to make sure others cant.
Although companies such as Apple Inc. and Canon arent likely to make any suffixes they get available to the general public, other entrepreneurs have been eyeing .web and others. They wont be the only ones cashing in. Companies have formed specifically to sell names on behalf of those entrepreneurs, and ICANN gets a cut.
In recent weeks, members of the US Congress, the Federal Trade Commission and the Commerce Department have raised concerns: A rapid, exponential expansion … has the potential to magnify both the abuse of the domain name system and the corresponding challenges we encounter in tracking down Internet fraudsters, FTC commissioners said in a letter to ICANN.
ICANN plans to proceed with its schedule. ICANN CEO Rod Beckstrom said many adjustments had been made to address objections raised over the years. Although Mr Jaffe said several other concerns were ignored, Mr Beckstrom said he has heard nothing new in the recent critiques.
There are parties that would like to see other protections, or want to see this or that, Mr Beckstrom said.
These discussions are going to go on for a long time.
Mr Beckstrom said many businesses and groups outside the US have been clamouring for more choices, and ICANN didnt want them to wait longer.
From a technical standpoint, domain names tell computers on the internet where to find a website or send an email message. Without them, people would have to remember clunky numerals such as 165.1.59.220, which is the underlying Internet Protocol address for ap.org.
The monikers have grown to mean much more, however. Amazon.com has built its brand on its website address, while bloggers take pride in running sites with their own domain names.
Theo Hnarakis, CEO of the domain name registration company Melbourne IT, said his organisation already had prepared more than 100 suffix applications for financial services, airlines, gambling sites and others. He declined to name any clients.
Although suffixes added over the past decade havent been as popular as .com nearly all of the most desirable .com addresses have been taken. New businesses are often stuck with difficult-to-remember names such as TheFloristInsideThePeanutShop.com. The expansion would allow Peanut.florist.
Customers might be able to find that florist through Google or Bing, but Mr Hnarakis said merchants often have to buy ads to lure them. And an internet search might lead customers to a rival – such as the Cheaper Florist Outside The Peanut Shop.
The demand for new suffixes appears greater outside the US Thats because many of the .com names had been grabbed by Americans who got on the internet first. In addition, suffixes had been largely limited to the 26 letters of the English alphabet until now.
ICANN has already allowed two major expansions of the addressing system. In 2000, it approved seven new domains, including .info and .biz. It began accepting new bids again in 2004. It added seven from that round, including .xxx last year. It also cleared others on an ad hoc basis, including .eu for the European Union and .ps for the Palestinian territories.
Under the new system, the application process will be streamlined.
Expanding the pool of suffixes was one of ICANNs chief tasks when the US government ceded oversight of domain names to the organisation in 1998. But progress was slow because of objections and concerns from government groups, businesses interests and others. ICANN is finally ready to implement the system, despite calls for further delays.
This is a change, and whenever theres a change, there is anxiety, Mr Beckstrom said.
Were doing our best to administer a fair and equitable system that the global community has designed.