Tucows Launches Domain Name Auction and Parked Pages Services

Updated on Thursday, February 2nd, 2006 at 10:37 am

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Toronto, Ontario - (Cheap Web Hosting Directory) - February 2, 2006 - Domain name wholesaler, Tucows Inc., has launched the beta release of Domain Name Auction and Parked Pages, the first two in a suite of services expected to generate new revenue from the growing secondary market for domain names.

According to the company, the services have unique features since they are designed for distribution through Tucows’ established channel of service providers and include tools to facilitate the channel managing and marketing them.

Elliot Noss, President and CEO Tucows Inc., explained, ”The secondary market for domains represents a new source of revenue for Tucows and our channel of service providers. Our strategy is to create a suite of services specifically designed to harness the reach of our channel and give service providers the information and tools they need to take advantage of this growing business.”

Domain Name Auction is a white-labeled service. Service providers can offer potential new registrants the ability to bid on expiring domains via links from the service provider’s website. The first auctions are expected to begin February 13, 2006. Buyers of domain names will be able to find out information on how to participate in the auctions at www.tucowsauctions.com.

Registrants maintain their right to renew and keep their domain throughout the auction process. Tucows’ Parked Pages service will generate revenue from pay-per-click advertising for both expired and unexpired domain names. This revenue will be shared with service providers.

Tucows’ Domain Name Auction and Parked Pages services are being offered in beta to existing members of the company’s service provider channel. During the beta period, service providers are being asked to provide feedback on the business policies and tools associated with the services.

Mr. Noss added, ”We have several specific objectives for our participation in the secondary market. First, our solutions have to include the ability for service providers to customize their offering to their customers. Second, our solutions have to generate revenue from new sources. Third, the registrant’s right to renew their domain has to be protected. Fourth, the services must provide our channel and their customers with information to help them manage their assets. We believe our Domain Name Auction and Parked Pages services achieve these objectives.”

For further information on Tucows Inc., please visit: www.tucowsinc.com.

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