Washington, DC (PRWEB) July 28, 2010
Visionary Internet entrepreneur, domain name industry pioneer and philanthropist Mike Mann, has publicly announced his ownership of 120 premium domain names in the .CO extension. The portfolio consists of generic terms that were previously registered in the third-level (xyz.com.co) and have since been grandfathered as per the new liberalized registration rules into second level domains (xyz.co).
"I have been watching the .CO process closely for many years. This will be the next big opportunity beyond every other extension since .COM" said Mr. Mann. “With companies like Twitter adopting a .CO domain for one of their products, o.CO selling for $350,000, its only a matter of time before companies realize leveraging the two-letter .CO will prove to have global appeal and advantage."
Mr. Mann’s domain names were registered in the third-level “.COM.CO” prior to the implementation of new registration rules in July of 2008. Some of the names in the portfolio include the .CO names for premium keywords such as Business, Auctions, Health, and Gold, to name just a few.
Over time Mr. Mann plans to use his extensive development resources to build out some of these domain properties into viable businesses. Apart from being the founder of BuyDomains.com, Mr. Mann has been involved with the development and operation of successful companies leveraging .COM domains such as Phone.com, SEO.com and DomainMarket.com. Arguably, Mr. Mann is best known as the founder of Grassroots.org, the charitable effort that provides non-profit organizations free valuable technologies and resources.