2007'05.18.Fri
Moniker.com Brokers Sale of Porn.com for Over US $9.5 Million
May 18, 2007
Purchase by MXN Ltd. Becomes the Largest All-Cash Sale of a Domain Name in History POMPANO BEACH, Fla., May 18 /Xinhua-PRNewswire/ -- Moniker, the first and only provider of Domain Asset Management(TM) services, today announced the sale of the domain name Porn.com for an amount in excess of US $9.5 million to MXN Ltd., an Internet media and investment firm affiliated with DOWNLOADPASS.com. Complete terms of the transaction were not fully disclosed. The sale is the largest all-cash domain transaction in history. It is the second largest domain sale overall after Sex.com, which sold for reportedly US $12 million in cash and stock during a private sale in January 2005. "The sale of Porn.com further reinforces the growing trend of businesses that place a high strategic value on generic domains related to their industry," said Monte Cahn co-founder and chief executive officer of Moniker.com. "Porn.com will prove to be a valuable asset for MXN Ltd. because of its significant number of daily visitors, established type-in traffic in addition to being the top domain in the adult industry." At the T.R.A.F.F.I.C. West Live Auction in March 2007 in Las Vegas, bidding on the domain fetched offers originally in the US $7 million range. Moniker has continued working with interested parties to broker the sale of the domain this week. With thousands of unique visitors a day, plans to develop Porn.com were not immediately available. Porn.com has been managed by PremiumTraffic.com, a leading parking and monetization company. The buyer intends on leaving Porn.com with PremiumTraffic.com until such time as they develop the domain. Industry Leader Continues to Shatter Records Moniker and Monte Cahn have successfully brokered a variety of million dollar domain name sales at recent domain name auctions including Cameras.com which sold for $1.5 million at T.R.A.F.F.I.C. East 2006 in Hollywood, Fla. and Scores.com for $1.2 million at Casino Affiliates Convention Amsterdam 2007. In addition, Moniker brokered the industry's first domain name sale for over $1 million dollars (Wallstreet.com) and the first $2 million dollar plus domain sale (Autos.com). Premium, Generic Domain Names On The Auction Block At The Inaugural T.R.A.F.F.I.C. New York Moniker, the pioneer of the Live and Silent domain name auction, will hold its highest profile Live Domain Auction ever at the upcoming T.R.A.F.F.I.C. New York on June 19-22, 2007 at the Grand Hyatt Hotel. Some of the premium, generic domain names on the auction block include: -- Bourbon.com -- Horseracing.com -- Student.com -- Naked.com -- Cardiology.com -- Elections.com -- DSL.com -- Amstersdam.com -- BroadwayShows.com -- Ethanol.com -- Locals.com -- Union.com -- Estate.com -- Musicians.com -- Scotland.com Additional auctions will also be held at the July Affiliate Summit in Miami and the August Internext in Hollywood, Fla. Domain owners interested in selling their names at auction should contact Moniker at sales@moniker.com. About Moniker Moniker is the first and only provider of Domain Asset Management(TM), a complete set of business services that provide companies a single-point-of-access to help manage and maximize the value of their domains. These services include name creation, registration, acquisition, portfolio management, appraisal and escrow services, traffic monetization and after-market sales -- all backed by unsurpassed customer service and security. With more than a decade of experience, Moniker is a top 10 domain registrar, holds the industry's highest customer retention rate and pioneered the industry's first domain appraisal formula. It is considered the industry's premier marketplace to buy and sell domain names. Moniker, with headquarters in Pompano Beach, Florida, is an operating unit of Seevast Corporation, a company of marketing services firms that drive sales, build brands and leverage core assets for their clients. For more information, please contact: Genie White Moniker.com Tel: +1-212-367-6837 Email: geniew@corp.moniker.com
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