Afternic.com Partners With Auction Services Powerhouse AuctionWatch.com.Business Editors NEW YORK--(BUSINESS WIRE)--April 13, 2000 New Partnership Dramatically Increases the Number of Buyers Reached by the Internet's Only Domain Name Exchange Afternic.com, the world's first true single-source platform for domain name research, acquisition and resale, today announced a new partnership with AuctionWatch.com, the Internet's leading provider of services for on-line auctions and dynamic pricing. As part of this new agreement, Afternic.com will have its data included in AuctionWatch.com's Universal Search product. Users of AuctionWatch.com can now be referred to pertinent domain name auctions at Afternic.com, along with their other search results. For example, visitors will not only be able to search for baseball memorabilia, equipment and ticket auctions, but also relevant domain name auctions at Afternic.com. "With this partnership, Afternic.com is providing real added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
Jon Whelan, Afternic.com Co-CEO, agreed. "Our new agreement with AuctionWatch.com is extremely aggressive," he noted. "Their extraordinary market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" is yet one more service Afternic.com now provides sellers of domain names in the secondary market." "Through our partnership with Afternic.com, users of AuctionWatch.com will now have access to the most comprehensive list of Internet domain names available in the online auction market," added Rodrigo Sales, 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 AuctionWatch.com. About Afternic.com 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. . In just over three months of operation, it has become the Web's premier domain name exchange. Afternic.com's domain name portal provides a comprehensive set of invaluable resources for those with a stake in the Internet 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 . Buyers and sellers are able to value domain name assets, perform on-line transactions, place automatic bids, track auction activity and manage complex domain name portfolios. All transactions are protected by Afternic.com's exclusive registration transfer process, DNescrowo. About AuctionWatch.com With over 1.7 million unique visitors a month, AuctionWatch.com is widely recognized as the company of choice for businesses looking to efficiently distribute product to auction and acquire customers. In addition to its suite of powerful services, AuctionWatch.com publishes daily content on the auction industry and has the most active independent message boards of its kind. Based in San Bruno, California San Bruno is a city in San Mateo County, California, United States. The population was 40,165 at the 2000 census. The city is adjacent to San Francisco International Airport. Geography San Bruno is located at (37. , AuctionWatch.com is privately held and funded by Sequoia Capital, @Ventures, Argus Capital, Angel Investors LP and private investors. |
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