The online arm of Time Warner introduced a new service on Thursday allowing users to create a fully customizable email address, including the domain name.

AOL said in a statement that it will pick up the cost of registering an available domain, either in the top-level .com or .net choices.

Great email domains are a hot commodity, and we're excited to be able to finally help consumers create their own truly meaningful Internet identities - and for free, said Roy Ben-Yoseph, Director of Communication Products, AOL.

It's a perfect solution for families, social organizations and even small businesses - as well as any individual who relies on email to communicate with others on an ongoing basis.