Sedo to host Online GeoDomains Auction

. February 10, 2008

Cambridge, Massachusets, – Sedo, the leading online marketplace for the buying and selling of domain names, today announced it will host an online auction of sought after global and travel-related domain names starting February 13. The “Around the World in 7 Days” auction will be hosted on the Sedo website and will run from 2:00 pm EST (8 pm CET) on February 13 to approximately 2:00 pm EST (8 pm CET) on February 20.

Given the limited availability of geographical domain names on the market, Sedo has organized a focused auction on “geodomains” and other travel-related domain names to make them more attainable for buyers while offering a targeted buyer base to domain sellers. The Sedo auction will feature precious properties, including names like Arabia.com, Breaks.com, Glasgow.com, Kosovo.com, and PureVacation.com. The full list of domain names is available for viewing here.

“The interest in geodomains is growing significantly. For instance, it is estimated that hundreds of millions of dollars in hotel sales result from visits to established and parked geodomain sites each year, so it is clear the impact that geography specific domains can have on a market,” said Tim Schumacher, chief executive officer of Sedo. “As travel-related domain names continue to rise in value, we are offering this ‘Around the World’ auction to connect buyers with domain names that are increasingly more difficult to acquire.”

With a 53 percent increase in domain transfers in the past year, Sedo continues to hold focused auctions so that buyers and sellers can more easily do business within their relevant subject areas. Sedo offers additional services including domain buying, selling and monetization as well as appraisal and brokerage services through Sedo.

About Sedo
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 10.5 million listings. The success of Sedo’s model has attracted a global membership base of more than 600,000 domain professionals. Sedo is majority-owned by AdLINK Group (ISIN DE0005490155 / German WKN: 549015), which is part of the German United Internet AG (ISIN DE0005089031/ WKN 508903). Sedo offers regional versions of its site for the UK (Sedo.co.uk), France (Sedo.fr), Germany (Sedo.de), and Spain (Sedo.com).

For additional information, please visit www.domainsbot.com or Sedo.com

Category: Auction News

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