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TMCNet: DOMAINfest(R) Live Auction Yields Over $1.8 Million; Additional Names Available for Bidding in Online Auction Through August 25

[August 24, 2010]

DOMAINfest(R) Live Auction Yields Over $1.8 Million; Additional Names Available for Bidding in Online Auction Through August 25

LOS ANGELES, Aug 24, 2010 /PRNewswire via COMTEX/ -- TShirts.com Domain Name Bundle Pre-Sells for $1.265 Million at Live Auction in New York Moniker(R) and SnapNames(R), both Oversee.net(R) companies, reported that the live auction at DOMAINfest(R) New York yielded over $1.8 million in total live auction sales. An extended online auction, featuring names from the live auction catalog as well as additional names, has two days of bidding remaining.

The highlight of the auction was the announcement of the pre-event sale of a group of five names --TShirts.com, T-Shirts.com, T-Shirt.com, Tees.com and Tee-Shirts.com -- for just over $1.26 million. Further demonstrating the demand for strong keyword e-commerce domains, the TShirts.com bundle was purchased at a multiple above the published reserve price.

Other top auction sales included: Tshirts.com $1,265,000 Disco.com $255,000 BigApple.com $70,000 NewYorkApartments.com $65,000 Companion.com $45,000 Exterminating.com $35,000 GroceryStore.com $32,500 Auction results are available at: http://domainauctions.moniker.com/archive?id=56 Extended Online Auction Now In-Progress Through August 25 at 3:15 p.m. US Eastern time Further extending the opportunity to bid on category-defining keyword domains at all price points, Moniker and SnapNames are currently hosting an online auction that runs through Wednesday, August 25 at 3:15 p.m. US Eastern time. Available premium names include: ByOwner.com 1-800-ByOwner(R) Physicians.com LocalNews.com Voters.com Reggae.com Rate.com Stocks.com Quotes.com Cable.com XXX.com Assurance.com Testing.com Patents.com Zimbabwe.com PetStores.com Invitro.com CallingPlan.com Antibiotic.com SeniorCitizens.org Dating.net To view the complete catalog and join the auction go to: http://domainauctions.moniker.com/2010/DOMAINfest-New-York About DOMAINfest(R) Founded and hosted by DomainSponsor(R), the domain monetization division of Oversee.net, the DOMAINfest(R) conference brings domain industry and Internet professionals together to learn, network, and do business. Attendees include online advertising experts, domain publishers, domain monetization experts, SEO and SEM specialists, website developers, online marketers, ad or affiliate network suppliers, search advertising providers, venture capitalists, bankers and trademark/legal advisors. Visit http://www.domainfest.com for more information.

About Oversee.net's Aftermarket and Registrar Division Comprised of Moniker(R) and SnapNames(R), Oversee.net's Aftermarket and Registrar Division offers businesses and individual investors an array of services for domain name registration, acquisition, management, appraisal, brokerage and sales. A top ten registrar, Moniker introduced the live domain name auction concept. SnapNames operates the largest auction of expired and deleting domain names and gives its customers exclusive first access to the world's most valuable names every day. For more information, visit www.moniker.com and www.snapnames.com.

About Oversee.net Oversee.net(R) is the leader in Internet real estate, specializing in monetizing, registering, selling and developing domain names. The company provides an array of managed services to domain investors, corporations, and individuals across more than ten million web sites. Oversee.net owns one of the largest portfolios of domain names in the world. The company's unique optimized technology connects consumers and advertisers with highly relevant advertisements. Headquartered in Los Angeles, the company's core brands include DomainSponsor(R), SnapNames(R), Moniker(R), DOMAINfest(R) and LowFares.comTM. To learn more, please visit www.oversee.net.

SOURCE Oversee.net

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