NeuStar has just announced subsequent to recent ICANN approval it will make single and two character .biz names availble for regisgtration.
From their press release
“In a phased rollout, NeuStar will now make these highly desirable domain names available to the global business community through a Request for Proposal (RFP) process, followed by an offering at auction of those domains not allocated to RFP respondents.
“Specifically, NeuStar will begin accepting RFP responses for the 36 one-character letters and numbers on June 1, 2009, with a response deadline of July 30, 2009.
“Once the one-character RFP round is concluded, NeuStar will proceed to an auction phase for those names and will begin accepting RFP responses for the two-character domains. Proceeds from the auction of the remaining one- and two-character domains will be used to further promote the .BIZ brand for the benefit of all .BIZ domain users.