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Cambridge, Massachusetts - (Cheap Web Hosting Directory) - August 29, 2008 - Web hosting service domain name marketplace, Sedo, online marketplace for the buying and selling of domain names, has appointed a new vice president, of its product management division.

Former Oversee.net executive Sam Nunez, will manage the product roadmap for the Sedo online marketplace, define marketing requirements and feature changes and drive their execution.

Tim Schumacher, CEO of Sedo noted, ”A well known insider within the domain industry, Mr. Nunez is an excellent addition to the Sedo team. His extensive, global expertise will help Sedo to enhance its leadership position and expand the company’s product offerings.”

Before Sedo, Mr. Nunez worked at Oversee.net, where he was in charge of product management for Domain Sponsor. In this role, he led the internationalization of Domain Sponsor, revamped its publisher extranet by adding a new lander customization engine and 12 new reports, and enhanced Domain Sponsor optimization to include direct and non-traditional advertisers. In addition to the product team, Mr. Nunez managed product designers and the project management office.

Prior to Oversee.net, Mr. Nunez worked at Ask.com as Group Product Manager for Search Personalization and Platforms. Before Ask.com, he was responsible for all e-business initiatives at Silicon Graphics, where he launched, among other things, the company’s first online store in 1998.

Mr. Nunez remarked, ”I look forward to helping Sedo strengthen its market position in the global domain name marketplace. Sedo will continue to leverage its tremendous success with online auctions, as it extends other services such as live auctions, globally.”

Mr. Nunez holds a M.S. degree in Computer Engineering from Ecole Centrale in Paris, as well as an MBA from U.C. Berkeley.

Sedo, an acronym for Search Engine for Domain Offers, is the leading online marketplace for buying and selling domain names and websites. Headquartered in Cambridge, Mass., Sedo has assembled the world’s largest database of domain names for sale, with more than 14 million listings. The success of Sedo’s model has attracted a global membership base of more than 790,000 domain professionals. Sedo is majority-owned by AdLINK Group, which is part of the German United Internet AG (ISIN DE0005089031/ WKN 508903). Sedo offers regional versions of its site for the UK (Sedo.co.uk), France (Sedo.fr), Germany (Sedo.de), and Spain (Sedo.com).

To learn more about Sedo, please visit: www.sedo.com.

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