August 14, 2006; 08:05 AM
Communicate.com Inc., a rapidly growing eCommerce company has sold the domain name wrestling.com for
US$500,000 in a private transaction.
"This domain sale gives a good indication of the 'real world' value
of our premium one-word domains," says David Jeffs, President of
Communicate.com. "Following this transaction, Communicate is in the
strongest cash position in its history, and we will remain focused on
growing our primary eTail business while also seeking opportunistic web
At present, the market demand for premium domain names is
exceptionally strong, and Communicate.com will pursue the sale of at
least one more sports URL (boxing.com) that is not integral to its
business plan and should fetch substantially higher prices than
'Targeted eCommerce Brands', is a rapidly growing, debt-free Internet
company with a core focus on eTail. Communicate.com owns some of the
Internet's most instantly credible and easily remembered brands,
including www.perfume.com, www.body.com, www.brazil.com and www.importers.com,
to name just a few. The company's portfolio of intuitively branded B2C
and B2B websites naturally attracts a high volume of targeted traffic
and potential clients per month, providing it with a crucial
competitive advantage in customer acquisition and price.
Communicate.com ranked 18th in PROFIT magazine's 2006 'PROFIT 100' list
of Canada's fastest-growing companies.