WEBCC
and Sedo Sign Co-operation Agreement for Secondary Domain
Name Market & Pay Per Click (PPC) Services
[April 18, 2005]
WEBCC
to extend Internet Services offerings to secondary domain
name market and Pay-Per-Click (PPC) to its global network
resellers and customers
KUALA LUMPUR — April 18, 2005
— Web Commerce Communications Limited (WEBCC),
a leading provider of business-to-business (B2B) outsourced
registration services for domain names, today announced
that it has formed a strategic partnership with Sedo.com
(SEDO), an established worldwide leader in the domain
name secondary market.
Sedo has assembled the world’s
largest database of domain names for sale, with over
1.6 million listings and has a global membership base
of over 200,000 domain professionals. Buyers and sellers
are brought together through a searchable online marketplace,
and conduct negotiations anonymously using an offer-counteroffer
system.
Under the agreement, WEBCC will enhance
its secondary domain names and PPC services to its network
of reseller and customers across Asia Pacific through
Sedo’s worldwide marketplace. This initiative
will enable WEBCC to further value-add and empower its
resellers and customers to generate additional revenue
from the existing B2B outsourced registration services
for domain names.
WEBCC is a leading regional ICANN Accredited
Registrar with over 700 resellers in 30 countries and
the first to offer these services in Asia.
“We are delighted to form a partnership
with Sedo to further expand our services through this
collaboration which will benefit our partners to list
domain names in the world’s largest database of
secondary domain name market. It is imperative for us
to continuously deliver the best in services and solutions
to our network of resellers and customers.”, said
TK Tan, CEO of WEBCC.
Tim Schumacher, CEO of Sedo added: "WEBCC
is one of the fastest growing registrars, and operating
the largest reseller network among domain providers
in Asia. We are glad to partner with WEBCC and we are
confident that our partnership – together with
WEBCC’ dba webNIC.cc brand, strong reputation
and customer relationships, will accelerate the adoption
of our domain selling, domain parking and domain acquisition
in the Asian market. "
The latest report issued by VeriSign
Inc. (NASDAQ:VRSN) shows strong new domain registration
growth throughout 2004 continued in the fourth quarter
with 6.4 million new domain names registered. This growth
is driven by key factors including an increasing population
of Internet users globally, an improving global economy
and the continued importance of domain name registrations
for use in the Pay-Per-Click (PPC) advertising market
and the impact of increasing number of domain name auctions
where users are able to bid for domain currently registered
or that have not been renewed in the Internet industry.
According to a PricewaterhouseCoopers
study conducted for the Interactive Advertising Bureau,
U.S. revenues for the first six months were $4.6 billion
(3.79 billion), compared with $3.3 billion for the same
period in 2003. The Internet advertising revenues jumped
40 percent in the first
half of this year is driven largely by the growing popularity
of keyword ads tied to search results.
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About
Web Commerce Communications Limited
Web Commerce Communications Limited (WEBCC) an MSC-status
company is a leading provider of Internet Services in
the region. An ICANN accredited registrar, WEBCC is
the pioneer in Asia to focus on its Internet Services
which consist of B2B outsourced domain name registration
services, secondary domain name and pay-per-click services,
hosting automation software and other related Internet
service for resellers. Under its WEBNIC Premier Partner
Program (www.webnic.cc), WEBCC have successfully launched
the services in major Asian countries through hundreds
of channel partnerships with dominant hosting service
providers, domain name registrars. IDCs, ISPs, and solution
providers. Today, WEBCC has over 700 resellers in over
30 countries.
About
SEDO GmbH
Sedo is the world’s largest domain marketplace,
completing several hundred domain transactions worldwide
every month. As well as having a database of more than
2 million domains, Sedo offers additional services such
as domain appraisals, domain marketing and the extremely
popular paid parking program.
For more information about SEDO, visit:
www.sedo.com
Press Contacts:
Esther Chai
Web Commerce Communications Limited
(603) 8996 6788
esther.chai@webnic.cc |
