Afternic.com Partners with Auction Aggregator Bidder's Edge; Buyers at Bidder's Edge Gain Access to Afternic.com Domain Name Auctions as a Result of Strategic Partnership.Business Editors NEW YORK--(BUSINESS WIRE)--June 16, 2000 Afternic.com, the first true single-source platform for domain name research, acquisition, and resale, today announced a new partnership with Bidder's Edge - the premier auction portal. Under the terms of the deal, relevant domain names on auction at Afternic.com will be included with the keyword search results at Bidder's Edge. Effective immediately, more than 180,000 names on auction at Afternic.com will be accessible to users at Bidder's Edge. 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. Afternic co-CEO Chris Maroney, the partnership with Bidder's Edge will increase awareness of Afternic.com within the larger auction community as well as bring more potential buyers to the site. "Domain name trading, including valuation and brand development, is a fun and rewarding entrepreneurial activity," said Maroney. "We're excited to expose the large Bidder's Edge community of auction enthusiasts to the exploding domain name market at Afternic.com." Bidder's Edge users have access to many of the premier auction sites on the Web including eBay (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : EBAY) and Yahoo! (Nasdaq: YHOO YHOO Yahoo! Inc. (NASDAQ symbol) ) auctions. Bringing Afternic.com into the network is a natural extension of services to its members. "We are very excited to have Afternic listed on Bidder's Edge" said James Carney car·ney n. Informal Variant of carny. , President and 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 Bidder's Edge. "As the largest exchange for Internet domain names An organization's unique name on the Internet. The chosen name combined with a top level domain (TLD), such as .com or .org, also called a "domain extension," makes up the Internet domain name. For example, computerlanguage.com is the domain name for the publisher of this Encyclopedia. , Afternic has demonstrated its ability to generate a tremendous amount of bidding across several relevant categories. Bidder's Edge looks forward to a long and successful relationship for both companies." About Afternic.com In just seven months of operation, Afternic.com has become the premier destination on the Web for aftermarket Aftermarket See: Secondary market. aftermarket See secondary market. domain name sales, acquisition, and research. 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. Topical discussion forums and timely domain name news updates help position Afternic.com as the home of the most savvy domain name trading community on the Web. All transactions are protected by Afternic.com's exclusive registration transfer process, DNescrow. Afternic.com is currently 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 Bidder's Edge Bidder's Edge, Inc. pioneered the online auction aggregation business with the launch of its Web site in November 1998. Bidder's Edge enables online auction users to easily find up-to-date information on the large majority of the items available at auction, including status of current bids and historical pricing. The company enables users to obtain auction information from more than 170 sites, covering in excess of 7.5 million items. When consumers locate an item they want to bid on or receive more information about, they are linked directly to the auction site. InformationWeek named Bidder's Edge one of the 100 most innovative practitioners of e-business in the New Economy. Bidder's Edge was founded in April 1997 and is headquartered in Burlington, Mass. |
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