SnapNames Open for Domain Name Auction Submissions

Portland, OR -- SnapNames, an Oversee.net company, is now accepting submissions of premium domain names for auction in January 2008. Independent submissions will be accepted through December 11 and screened to identify the top entries for sale.

Two SnapNames Live™ auctions are scheduled for DOMAINfest Global™, a premier domain name industry conference and marketplace running from January 21-23, 2008 at the Renaissance Hotel in Hollywood, California. This will mark the debut of SnapNames Live™, a live auction system for premium domains recently announced by SnapNames. The auctions promise a collection of exceptionally valuable names. Having completed nearly one million aftermarket transactions, SnapNames is uniquely qualified to manage the sale and delivery of premium domain names.

“We were the first to offer an organized aftermarket for domain names,” said Sudhir Bhagwan, SnapNames CEO. “Our systems are time and volume tested, providing rapid sale and delivery in a fully transparent auction format. Our quality of service is the best in the industry. As a result, we remain a primary destination site for top buyers.”

During the SnapNames Live auctions, simultaneous online bidding will extend participation to bidders beyond the auction floor, including real-time access to SnapNames’ world-wide base of more than 150,000 qualified buyers. This broad exposure to qualified and motivated buyers helps ensure maximum visibility and bidding contention for seller inventory. Rather than a single marathon event, two shorter auctions will be held at DOMAINfest. This will help ensure that domains in all positions in the catalog receive the attention they deserve.

Interested parties may submit domain names for consideration at www.snapnames.com/live. Additional information is available for buyers and sellers via e-mail to [email protected]. The DOMAINfest website also has additional information on the overall event at www.DOMAINfest.com. Subscriptions will be available soon for updates by email.

About SnapNames
Founded in 2000, SnapNames operates the largest auction of expired and deleting domain names. Partnering with the world's largest and best-known registrars and service providers, SnapNames uses its innovative, patent-pending technology to give its customers exclusive first access to the world's largest inventory of high-traffic, brand-able and investment-grade domain names every day. SnapNames is headquartered in Portland, Oregon, and was ranked #5 in the 2007 Fastest Growing Private 100 companies in Oregon. SnapNames is a wholly-owned subsidiary of Oversee.net. For more information, visit www.snapnames.com.

About DOMAINfest
DOMAINfest is a premier conference and marketplace built to serve the domain industry. Founded and sponsored by DomainSponsor, the domain monetization service of Oversee.net, DOMAINfest brings domain industry professionals together to learn, network, and do business. To register or learn more, visit www.domainfest.com.

Oversee.net
Founded in 2000, Oversee.net is a technology-driven online marketing solutions company, with two primary divisions - Oversee Domain Services and Oversee Marketing Services. Headquartered in Los Angeles with offices in Portland, Oregon and San Mateo, California, the company has over 200 employees. Some of Oversee's key brands include SnapNames®, DomainSponsorTM, and Low.comTM, a top consumer financial services portal. Oversee has been growing profitably since inception.
Oversee was recently named to the Inc. 500 and was recently ranked 3rd in Deloitte's Technology Fast 50 Program for Los Angeles. Oversee was also named "Internet and New Media Company of the Year" by the Technology Council of Southern California, and its CEO and Co-Founder, Lawrence Ng, was named a winner of the 2007 Ernst & Young Entrepreneur of the Year award for the Greater Los Angeles program in the technology category. To learn more, please visit www.oversee.net.