Bellevue, WA (PRWEB) February 1, 2006
"Domain Names are the Real Estate of the Internet". That was the quote coined back in 1994 by industry powerhouse Internet REIT LLC President, Marc Ostrofsky, the Keynote Speaker for the upcoming Domain Roundtable Conference just announced for April 19 - 21 in Bellevue, Washington.
Ostrofsky should know this market better than anyone. His sale of http://www.Business.com to eCompanies for $7.5 Million in 1999 earned him the Guinness Book of World Record's title of "Largest Sale for a Single Domain Name/URL", which he maintained for six years.
In 2006, venture capitalists, advertising executives, brand managers and individual investors are expected to pour hundreds of millions of dollars into this hot new market, which is only just beginning to be understood. As the internet expands and evolves and costs of website operation get lower and lower, and furthermore, as advertisers realize that domain names are, as Ostrofsky puts it, "the most cost efficient advertising medium available", the market for Internet Real Estate is expected to skyrocket.
Last year, the Domain Roundtable held some very successful sessions on buying and selling domain names, and will hold similar sessions to elaborate on this concept of Internet Real Estate this year, bringing in Ostrofsky to lead the growing forum, speaking on domain value and the marketplace.
“Some people buy land, hold it and flip it hoping to make a profit. A name that has the potential to grab mindshare, like ‘MutualFunds.com’ is worth much more than a generic name like ‘http://www.photographer.eu.’” Ostrofsky says. This will be one of the focuses of his talk at the Domain Roundtable.
“Getting a big name like Marc Ostrofsky on the bill for the Domain Roundtable is a huge win for our event.” says Jothan Frakes, VP of Business Development for Name Intelligence and Executive Producer of the Domain Roundtable.
“The market for domain names has flourished as a result of Marc’s early vision a decade ago and hearing from his unique perspective of personal experience on buying and selling domain names will benefit our attendees immensely.”
The Domain Roundtable brings together a diverse demographic of professionals from the domain industry including ICANN accredited registries, registrars, resellers, large corporations, trademark and IP attorneys and other sophisticated professionals.
Ostrofsky is among the roster of visionary leaders in the domain industry who will be present at the Domain Roundtable.
Special pricing on the Domain Roundtable is available until February 16, 2006 at the Domain Roundtable website. The conference is being hosted by Name Intelligence.
NAME INTELLIGENCE, Inc. is the internet’s source for domain wisdom, combining engineering expertise with a sophisticated understanding of the global domain space in order to provide enterprise and user-end solutions for centralized domain information, intellectual property protection, and semantic domain name suggestion technology.