Cambridge, Mass.--(BUSINESS WIRE)--July 21, 2005--Sedo, the leading online
marketplace for the buying and selling of domain names, has announced that the
domain name website.com was sold for $750,000--marking the highest valued domain
sale of 2005. Prior and throughout the transaction process, website.com was
supported by Sedo's Premium Domain Brokerage Program, which enabled the domain
seller to generate substantial interest in the domain. In addition, Sedo facilitated
each phase of the negotiation and domain transfer process.
''The $750,000 price tag of website.com represents the highest-valued sale
in the domain name market this year, and Sedo is honored to serve as the marketplace
that matched its seller with an eager buyer,'' said Matt Bentley, CEO of Sedo.com.
''By utilizing Sedo's premium domain brokerage program, website.com was able
to maximize interest among domain buyers, enabling the seller to get the optimal
price for a premium domain name.''
Sedo's Premium Domain Brokerage Program is dedicated to exclusively selling
premium domains, those .com domains that inherently generate high-traffic and
high revenues even before they've been marketed or developed into a website.
While thousands of valuable domain names are for sale at a given time, Sedo
brokers generated interest in website.com by distributing news that the domain
was for sale through major forums and media outlets, as well as directly contacting
many industry leaders to alert them of the opportunity. With the support of
Sedo's Premium Domain Brokerage program, website.com received more than fifty
serious bids -- from companies in the domain name, Web hosting, and Web design
industries.
Sedo's Premium Domain Brokerage services have supported many of the highest
domain sales in 2005, including Chat.de for $470,000, the third highest valued
sale of the year, and Uruguay.com for $175,000, the fourth highest valued sale
of 2005.
About Sedo.com LLC
Sedo, an acronym for ''Search Engine for Domain Offers,'' is the leading online
marketplace for buying and selling domain names and websites. Headquartered
in Cambridge, Mass., Sedo has assembled the world's largest database of domain
names for sale, with more than two million listings. Buyers and sellers are
brought together through a searchable online marketplace, and conduct negotiations
anonymously using an offer-counteroffer system. To facilitate successful transactions,
Sedo has introduced a range of related services, including domain name escrow/transfer
services, domain name appraisals, a domain brokerage service and paid domain
name parking. The success of Sedo's model has attracted a global membership
base of more than 200,000 domain professionals, and helped more than 5,000 businesses
start their Web presence off on the right foot with a great new domain name.
Sedo offers regional versions of its site for the UK (Sedo.co.uk), France (Sedo.fr),
Germany (Sedo.de), and Spain (eSedo.com). For additional information, please
visit www.sedo.com.
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