Sedo Closes Second GreatDomains Auction of 2008 with Six-Figure Bid

[SedoCoUk]

Hello Everyone,

Please read on for the press release below, regarding Sedo's second successful GreatDomains Auction of 2008.

Happy Reading,
Monica

CAMBRIDGE, Mass., March 4, 2008 – Sedo, the leading online marketplace where users buy and sell domain names and websites, today announced that the company closed its second GreatDomains auction of the year with a six-figure bid for Eggs.com valued at $112,500. In addition, bids that surpassed $25,000 were placed on appartment.com, handhelds.com and bobbleheads.com. The auction began on Thursday, February 21 and ended on Thursday, February 28.

“Our highly reputable GreatDomains auction has consistently attracted the highest bids from domain name enthusiasts and entrepreneurs around the world,” said Sedo’s Chief Operating Officer and General Counsel, Jeremiah Johnston. “We expect this trend will continue, as the significant growth of the domain name market in 2007 will continue to fuel the uptake in demand for premium domains in 2008.”

Beyond the top four best selling domains, there were other noteworthy premium names that fell within the $20,000 – $10,000 bidding range. These included cellulitis.com, invents.com and gaywedding.com. Domain names that received bids valued at less than $10,000, but have the potential to be top selling names in future auctions, include coworker.com and romanticmovies.com.

Sedo acquired GreatDomains, the online platform for buying and selling premium domain names, in June 2007.