Afternic.com Announces Global Co-Marketing Alliance With Speednames.com; Country-Code Top-Level Domains Available for Registration Through Afternic.com.Business Editors/High-Tech Writers NEW YORK--(BUSINESS WIRE)--May 23, 2000 Afternic.com, a pioneer in the domain name aftermarket Aftermarket See: Secondary market. aftermarket See secondary market. today announced a strategic relationship with Speednames.com, a leading global domain name registrar An organization that manages Internet domain names. Any person or company that wants a presence on the Internet must register a unique name with one of the many registrars, such as Network Solutions (www.netsol.com) or Go Daddy (www.godaddy.com). . Under the terms of the agreement Afternic.com users will be able to register country-code top-level domains (networking) top-level domain - The last and most significant component of an Internet fully qualified domain name, the part after the last ".". For example, host wombat.doc.ic.ac.uk is in top-level domain "uk" (for United Kingdom). (ccTLD's) through Speednames.com while Speednames users will have access to domain names on auction or appraisal at Afternic.com. The agreement calls for aggressive online cross-promotion of each company's services in a variety of ways -- Afternic.com users will have the option of registering ccTLD's from a variety of points throughout the site. -- Speednames.com users searching for domain names will have access to aftermarket information at Afternic.com including names for sale and appraisal details if the name they search for is listed at Afternic. -- Afternic.com and Speednames.com will feature reciprocal graphical links to build brand awareness of each company and facilitate ease of navigation when accessing services. "Buyers coming to Afternic.com are looking to solidify their existing domain name strategies in as many ways as possible. By acquiring related names including ccTLD equivalents, any organization or individual who is serious about building a brand on the Web will have an advantage," said Jon Whelan, Afternic.com co-CEO. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. whois.net, there are currently 17.9 million domain names registered worldwide. International Data Corporation (IDC), has estimated that by 2003 there will be approximately 150 million worldwide registrations. Much of this growth in registrations may result from the emergence of country-code TLD's as complementary additions or alternatives to generic .com, .net and .org naming schemes A naming scheme is a plan for naming objects. In computing, naming schemes are often used for objects connected into computer networks. Naming schemes in computing Large networks often use a systematic naming scheme, such as using a location (e.g. . Mogens Nielsen, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Speednames said, "We see a growing interest in the aftermarket for domain names following the intense growth of the primary domain registration market. By combining the two services our customers will be able to put their domain names for sale in an easy and flexible way on the best auction available. Similarly our customers will be able to take already registered names on auction into account when they decide on names to use for their digital identity." "Country code top level domains are the next big boom in the namespace A collection of names for a particular purpose. Typically, each name is unique. For example, tables in a relational database must all have unique names. A Windows workgroup that uses the original NetBIOS naming system requires a different "made-up" name for each computer and printer in ," according to Whelan. "Integrating Speednames' global domain registration system with Afternic's domain name exchange gives customers a best of breed global identity solution." About Afternic.com In only six months of operation Afternic.com has become the Web's premier platform for aftermarket domain name exchanges. Providing a comprehensive set of resources for anyone with a stake in the Internet namespace, Afternic.com enables members to value domain name assets, place automatic bids, track auction activity and manage complex domain name portfolios. All transactions are protected by Afternic.com's exclusive registration transfer process, DNescrow. Afternic.com is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. based in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . About Speednames Speednames, founded in April 1999, is the most advanced digital domain registrar See domain name registrar. covering the largest cross section of generic and country code Top Level Domains (TLDs). With Speednames, customers can digitally search, register and manage their domain names. Since the company's launch in Europe partnerships have been established with many of the major players on the Internet. These partnerships secure a total of more than 100 million page views per month worldwide. In May 2000 Speednames founded its Asia-Pacific office in Singapore and partnerships have already been established with local Internet powerhouses. |
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