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Press Release - October 29, 2014

First-Year Domain Name Sales Hit $4 Million

Firm manages sales of five of 2014's Top 25 publicly reported domain name sales, including Digital.com

Digital.com
DALLAS — The recent sale of Cute.com for $230,000 brought first-year sales of Domain Names to $4 million at Heritage Auctions. The category has so far managed the sale of five of the top 25 most valuable domain names sold in all of 2014, according to Aron Meystedt, the Founder and Director of Domain Names & Intellectual Property at Heritage.

"The domain aftermarket is still thriving," Meystedt said. "We've successfully matched sellers with knowledgeable buyers looking for the most valuable digital real estate available anywhere on the web. It's immensely fulfilling to see Heritage to play a role in growing these important businesses."

The groundbreaking concept of a major, mainstream auction house auctioning domain names became reality in November 2013, when Heritage sold more than $1.6+ million in names ranging from MutualFunds.com, Animation.com and QR.com, which closed for $230,000. Since this inaugural auction, Heritage has sold $4 million in premium domain name properties through both through live auctions and private brokerage, such as the case of the high-profile URL MutualFunds.com.

Select highlights include, but are not limited to:

Digital.com: $373,500
PY.com: $358,000
HY.com: $325,000
LK.com: $287,500
Cute.com: $230,000
XZ.com: $138,000
Animation.com: $112,000
DEC.com: $57,500
GunParts.com: $57,500
Bristol.com: $40,250
FRR.com: $32,200

"We are noticing the highest demand for short, one and two-word .com domain names as well as two to four letter .com acronyms," Meystedt said. "These assets are very much in demand from investors and end-user businesses alike."

In addition to live auctions and Private Domain Brokerage services, Heritage also offers Domain Buyer Services. To learn more, contact Aron Meystedt at AronM@HA.com or 800-872-6467, ext. 1362.

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