August 19, 2010 13:15 ET for Sale

Premier 'Address' Hits the Auction Block

MINNEAPOLIS, MN--(Marketwire - August 19, 2010) - today announced it is holding a private auction for perhaps the best 'domain name' in the multi-billion dollar internet address industry:

"It means instant entry and share of the domain registration market, which manages roughly 150 million names worldwide," says Mike Fiol, Managing Director of, a 'collective' of successful market veterans.

With fees ranging from $7 to $35 annually, domain registrations have emerged as a mammoth segment with high-profile firms such as Network Solutions, GoDaddy, Enom and reaping the benefits of subscriptions and peripheral services such as hosting, email and privacy.

"In the history of domain names, there is one sub-group that has always made money: registrars," adds Fiol, whose group has overseen the sale/acquisition of close to $40 million in internet property since the late 1990's. " puts you right in that big registration pie."

The name will be auctioned at an undisclosed location with pre-screened bidders. Interested parties should visit before August 31st.for more details

"This is a once-in-a-lifetime opportunity to own a singular property," concludes Fiol. "And once it's gone, it's gone for good."

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