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Register.Com and SnapNames.Com Renew Exclusive Agreement for Domain Name Auction Services

Posted on: Thursday, 5 June 2008, 09:00 CDT

SnapNames(R), an Oversee.net(TM) company and the world's largest source of expired and deleting domain names, and Register.com, a leading provider of domain registration and web services for small business, today announced the renewal of their exclusive agreement. Under the terms of the deal, domain names registered with Register.com but surrendered by their previous registrants are made available exclusively on the SnapNames auction platform at www.snapnames.com.

"We've been a long-standing partner with SnapNames for aftermarket services," said Register.com CEO Larry Kutscher. "SnapNames was the first company to offer an organized aftermarket platform for buying and selling domain names. It consistently provides excellent service to its partners and customers and has a great reputation for transparency and performance. Because of these factors, we wanted to continue that productive relationship."

Since its founding in 2000 and with its acquisition by Oversee.net last year, SnapNames has focused on expanding its leadership position in the domain name aftermarket. Through SnapNames, thousands of names are made available to buyers every day at multiple price points. Its service is used by companies, individuals, investors and brand owners to secure valuable Internet real estate.

Monte Cahn, recently named as head of Oversee's Aftermarket business unit, hailed the agreement as another building block in Oversee's plan to be the industry's premier service provider. "Register.com has been on the forefront of bringing small business brands to life through a broad selection of website design and services," Cahn said. "It's a privilege to partner with such a well-known and respected brand."

Oversee's Aftermarket (Division) includes SnapNames and Moniker.com(R), a leading registrar and domain asset management services company.

About Oversee.net

Founded in 2000 by Lawrence Ng and Fred Hsu, Oversee.net is a technology-driven online marketing solutions company, with two primary divisions - Oversee Domain Services and Oversee Marketing Services. Headquartered in Los Angeles with offices in Portland, Oregon, and Pompano Beach, Florida, the company has over 250 employees. Some of Oversee's key brands include SnapNames(R), DomainSponsor(TM), Moniker(R), LowFares.com(TM) and Low.com(TM). To learn more, please visit http://www.oversee.net.

About SnapNames

Founded in 2000, SnapNames operates the largest auction of expired and deleting domain names. Partnering with the world's largest and best-known registrars and service providers, SnapNames uses its innovative, patent-pending technology to give its customers exclusive first access to the world's largest inventory of high-traffic, brand-able and investment-grade domain names every day. SnapNames is a wholly-owned subsidiary of Oversee.net. For more information, visit www.snapnames.com.

About Register.com

Register.com provides all the essential tools a business needs to build and manage their online presence. Leveraging ten years of experience in the domain business with over two and a half million domain names under management, Register.com has built a reputation as a leading provider of global domain name registration, web design and management services. Through an expanding, broad selection of website design and management solutions, Register.com enables small businesses and organizations to create a dynamic web presence without the need for extensive technical knowledge or resources. Register.com offers customers quick and user-friendly registration and a wide array of web site design services from do-it-yourself tools to fully customized offerings; all backed by expert 24 x 7 online and toll-free phone customer support.

Source: Business Wire

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