Highly Successful dotMobi Online Auction Confirms Strong Demand for .mobi Domains


DUBLIN, Ireland and WASHINGTON, October 9 /PRNewswire/ --

- Sedo-run auction generates high interest and revenue, and demonstrates 
diversity of upcoming mobile content

dotMobi, the company behind the .mobi Internet domain, successfully
closed its first-ever online auction on October 3. dotMobi auctioned 100
domain names through Sedo.com, and is the first domain company to offer
selected names directly to the market via an online auction process rather
than a traditional "first come, first served" process.

Dozens of names were purchased, and more than US$850,000 generated for
the continued creation of mobile content tools like dotMobi's popular
http://ready.mobi and http://site.mobi tools.

With bidders from 34 countries, the auction's most desired names were
hosting.mobi (sold for US$101,000), bank.mobi (US$51,501), download.mobi
(US$51,500), currency.mobi (US$47,000) and insurance.mobi (US$42,005).

insurance.mobi was purchased by Insurance.com, an independent, online
insurance agency which enables consumers to instantly compare and buy
competitive auto insurance quotes directly from more than a dozen leading
insurance companies. "We see the long-term value of the mobile internet,"
said Joe Singleton, Director of Information Technology, Insurance.com. "The
.mobi domain will be a valuable tool in continuing to build our future
consumer offerings."

"With more than 1.6 billion mobile users around the world, it's obvious
that brands are quickly realizing that the audience for mobile content is
enormous," said David Ryder, dotMobi's Chief Marketing Officer. "This auction
proves that dotMobi has some of the most-wanted domain names in the world,
and it's exciting to start seeing how they'll be used for content."

Tim Schumacher, CEO of Sedo, said, "We knew that the dotMobi's premium
names portfolio would be a success on the Sedo platform; however, the results
of this auction went beyond our expectations. We are now even more excited
about our upcoming .mobi auction on October 31 when names like car.mobi,
gps.mobi, gay.mobi, kiss.mobi, love.mobi and map.mobi will be available."

The complete list of names for the October 31 Sedo auction, along with
terms, condition and buyer requirements, are available at
http://premiumauction.mobi .

About dotMobi

dotMobi (the informal name of mTLD Top Level Domain, Ltd.), a consortium
based in Dublin, Ireland with offices in Washington, DC and Beijing, is
leading the growth of Internet use from mobile phones with the .mobi domain
name. Unique among domain name providers, dotMobi ensures that services and
sites developed around .mobi are optimized for use by mobile devices.
On-the-go consumers can have confidence that an Internet site or service will
work on their mobile phones when using a .mobi address.

dotMobi is backed by leading mobile operators, network & device
manufacturers, and internet content providers, including Ericsson, GSM
Association, Hutchison 3, Microsoft, Nokia, Orascom Telecom, Samsung
Electronics, Syniverse, T-Mobile, Telefonica Moviles, TIM, Visa and Vodafone.
dotMobi is also a sponsor of W3C's Mobile Web Initiative.

For more information on dotMobi domains and registration information,
visit http://dotmobi.mobi . Visit the dotMobi blog at http://blog.mobi .

About Sedo

Sedo, an acronym for "Search Engine for Domain Offers," is the leading
online marketplace for buying and selling domain names and websites.
Headquartered in Cambridge, Mass., Sedo has assembled the world's largest
database of domain names for sale, with more than seven million listings. The
success of Sedo's model has attracted a global membership base of more than
350,000 domain professionals. Sedo is majority-owned by AdLINK Group (ISIN
DE0005490155 / German WKN: 549015), which is part of the German United
Internet AG (ISIN DE0005089031/ WKN 508903). Sedo offers regional versions of
its site for the UK (Sedo.co.uk), France (Sedo.fr), Germany (Sedo.de), and
Spain (Sedo.com).

For additional information, please visit http://www.sedo.com .

For more information, please contact:
    Vance Hedderel
    dotMobi
    +1-703-485-5563
    vhedderel@mtld.mobi

    Danielle Siemon
    A&R Edelman for dotMobi (US)
    +1-650-762-2947
    danielle.siemon@edelman.com

    Sasha Manners
    Edelman for dotMobi (Europe)
    +44-20-7344-1504
    sasha.manners@edelman.com

    Kate Donahue
    Director of Marketing
    Sedo
    +1-617-499-7260
    kate@sedo.com


    Web site: http://www.dotmobi.mobi
              http://www.sedo.com
              http://premiumauction.mobi

© PR Newswire Association LLC.

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