iREIT Forms Strategic Partnership With DNForum.com

August 22, 2006; 08:35 AM

Internet REIT (iREIT), a leader in direct search and Internet advertising, today announced that it has partnered with DNForum.com, the largest professional domain community discussion forum on the Internet. iREIT will assist DNForum with delivering increased functionality and features to members.

Launched in 2002, the DNForum forums contain over 850,000 posts and more than 30,000 active registered members, making it the leader in domain discussion boards. DNForum was also awarded the 2006 Name Intelligence Award as the best online community to discuss, buy and sell domains.

"The DNForum partnership is immensely valuable for iREIT," said Bob Martin, chief executive officer of iREIT. "iREIT is actively acquiring high- quality domains and looking to build our relationships with domainers, and DNForum will enable us to reach these users while providing much-needed liquidity to the market."

DNForum's Adam Dicker Joins iREIT

iREIT also announced that DNForum's Adam Dicker has joined iREIT as executive vice president and a member of the Board of Advisors. Dicker will help drive iREIT's acquisitions, marketing, analytics, content development, and domain optimization and monetization functions.

Dicker brings extensive experience and domaining expertise to iREIT. A well-known figure in the industry, Dicker founded High Impact Sites, Inc., a company that owns thousands of high-profile domains and operates a number of active websites, including Penpals.com, Planets.com, Witchcraft.com, FirePrevention.com, Avatars.com and Download.net. Prior to his work in the domain industry, Dicker was the Network Services Manager for Quantitude, a Cendant-owned company.

"iREIT is an industry leader with significant capital for acquisitions and a team comprised of domain-industry pros. With its strong reputation for fast, professional transactions, iREIT will provide solid cash flow for domainers on DNForum," said Adam Dicker, iREIT executive vice president. "With iREIT's support, I look forward to expanding the functionality and value of DNForum for the benefit of our members."

"As a veteran domainer and entrepreneur, Adam adds substantial experience, industry relationships and creativity to the iREIT team," added Martin. "Adam has done a great job of building and enhancing DNForum as well as his own portfolio and is very well-respected within the industry. Adam will be instrumental in iREIT's continued success in acquiring, developing and monetizing Internet properties."

About Internet REIT

Internet REIT (iREIT) is a next-generation Internet media company that acquires, develops and monetizes high-quality domain names and web properties. iREIT's domain portfolio includes such premier properties as the Netster.com portal, Bands.com, CreditReports.com, Shows.com, AfricanAmericans.com, NativeAmericans.com, VietnamWar.com, OfficeSupply.com, and many others. A leading supplier of high-value Internet traffic to advertisers, iREIT receives more than 50 million visitors per month through its portfolio of over 400,000 domain names. iREIT is a privately held company based in Houston, Texas. For more information about iREIT, please visit http://www.ireit.com.