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Los Angeles, California - (Cheap Web Hosting Directory) - July 25, 2006 - Technology-driven media company, Oversee.net, has acquired two small, privately held domain portfolios, CareerSeeker.com and DreamVacations.com, both of which, according to the company, have high traffic and retention rates.

Oversee’s goal is to monetizes more than one million domain names and has more than 100 million unique visitors per month. The Company owns DomainSponsor, the industry leader in domain monetization. DomainSponsor will host the first DomainFest Barcelona on July 25-26. The gathering will promote continuing education on the state of the industry and discuss issues that are relevant to the global domainer community. The event is also sponsored by Renova, EuroDNS and Afternic, companies who play a major role in the success of the domain business.

Lawrence Ng, Chief Executive Officer of Oversee, explained, ”We continue to make progress in our acquisition goals. DomainFest Barcelona is an excellent opportunity to connect with the holders of European domain names. In the past, the spotlight has been on U.S. portfolio holders. This is a global industry and we want to recognize the potential that exists. We have a long history in this space and our technology gives us added insight into the value of properties, allowing us to close transactions quickly.”

The program will feature sessions by Paul Keating, Attorney, Renova, Ltd.; Fred Schiwek, Vice President, International Business Development, EuroDNS; Roger Collins, President, Afternic; and Ron Sheridan, Director of Sales and Market Development, Oversee.net. Topics to be covered include:

* Managing Risk for Domain Portfolios – Paul R. Keating
* Profiles of buyers and trends in aftermarket sales – Fred Schiwek
* Best practices for buying and selling domain names on Afternic as well as exclusive statistical analysis of aftermarket sales – Roger Collins
* Portfolio Acquisition Trends and the Recognition of Direct Navigation – Ron Sheridan

Oversee.net Oversee.net is a technology-driven media company, headquartered in Los Angeles, with over 150 employees.

To learn more about DomainFest, please visit: www.domainermeeting.eu.

For more information about Oversee.net, please visit: www.oversee.net.

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