Sedo Announces Top Selling Premium Domains of 2008

Leading Online Domain Marketplace Celebrates Banner Year for Six and Seven Figure Sales, including Invest.com, Tell.com, 770.com, Tees.com and OD.com

October 27, 2008; 08:34 AM

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sedo, the leading online marketplace for buying and selling domain names, today showcased its record number of six and seven figure premium domain name sales for 2008. The complete top selling list, which represents a wide variety of financial services, numbers, descriptive and two-character domain names, includes Invest.com: $1,015,000; Tell.com: $400,000; 770.com: $343,208; Tees.com: $252,500; OD.com: $220,000; OV.com: $200,000; Tests.com: $176,505; 248.com: $175,000; Sumo.com: $150,000; Revolution.org: $120,000; and Coffee.org: $100,000.

“Sedo’s impressive sales thus far this year demonstrate that the domain industry continues to present a solid investment opportunity in the midst of an economic downturn,” said Jeremiah Johnston, chief operating officer of Sedo. “We expect higher sales as more investors, entrepreneurs and organizations leverage the value of domains to boost revenue and increase website traffic.”

Businesses are increasingly tapping into direct navigation traffic by obtaining the descriptive domain names of the product or service sold and redirecting the traffic directly to their main website. The Tees.com domain, which was purchased by T-shirts.com, an Illinois company, generates 17,000 unique visitors per month.

Sedo anticipates continuous demand for quality virtual real estate. Rss.com is currently in auction at www.GreatDomains.com, a Sedo-powered premium auction site, and Sedo’s upcoming numbers-themed auction will feature in demand domains such as, 88.com and 25.com.

Sedo’s all-time top selling domain is Vodka.com, which was sold for $3 Million.

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 14 million listings. The success of Sedo's model has attracted a global membership base of more than 800,000 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.sedo.com.

Contacts:

Cofama PR
Pat Chadwick, 617-758-4262
[email protected]

Source: www.businesswire.com