High Quality Web Domains Purchased In Large Block
Intelective Communications, Inc. Announces Purchase of Large Block of High Quality Domains
SACRAMENTO, Calif., May 29, 2007 (BUSINESS WIRE) -- Intelective Communications, Inc.(TM) (Pink Sheets: WPNC), an online media company that provides online advertising services and owns an online ad network of web sites, is today announcing the purchase of a block of approximately two hundred and fifty .com domains relating to the Travel and Real Estate vertical markets.
"Domain names are the real estate or vacant online property and web sites represent the buildings and/or improvement of this vacant land," said Lee Traupel, CEO of Intelective Communications, Inc. "There is a limited supply of quality domains and we consider domains as a strategic asset that will improve in value - we will continue to aggressively buy domains to accelerate the build out of our advertising network. Our intent is to also resell some percentage of these domains to generate immediate revenue and develop the rest, with text, audio and video content and to ultimately integrate them with our online advertising network.
"The domain registration and resale market is growing extremely fast, driven by the shortage of available high quality domains, especially those with a .com extension, which is all we are purchasing at this juncture. The actual number of registered domains has grown 800% since 2000 according to Verisign, with domain registrations reaching 120M in Q-4 of 2006, representing growth of 32% from the previous year. High quality domains with two to three words that identify a market segment and/or support an online brand are commanding resale prices of $2-5K or more per domain in many cases. We are already generating modest amounts of traffic which should increase as we buy more domains and deploy search engine optimization best practices."
About Intelective Communications, Inc.
Intelective Communications, Inc. (http://www.intelective.com) is a leading provider of online advertising services including: domain selection and development, pay-per-click campaign management, search engine optimization, online media buying and planning, web site design, search-targeted text and video content designed to generate search engine rankings for its client base. The company has an ad network of 250 web sites that are targeted for the Automotive, Travel and Real Estate vertical markets.
Founded in 1999, Intelective Communications, Inc. is headquartered in the Sacramento, California area and is managed by an experienced team of executives. The company has partnered with market leaders in pay-per-click campaign management, technology providers and has strategic relationships with a number of outsourcing firms in the US and Asia. For further information: http://www.intelective.com, investor@intelective.com, 800-804-5007 Digital Pathways(TM)
Statements contained in this news release, other than those identifying historical facts, constitute 'forward-looking statements' within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
SOURCE: Intelective Communications, Inc.
CONTACT: Intelective Communications, Inc.
Lee Traupel, 800-804-5007
