360 Investments Ltd Announces Sale of GBP500,000 Domain Names Portfolio
Released on: October 10, 2008, 3:38 am
Press Release Author: Neil Williamson
Industry: Internet & Online
Press Release Summary: Neil Williamson, the co-founder of 360 Investments Ltd, confirmed that the company is letting the domain name portfolio go due to a change in focus
Press Release Body: Edinburgh, United Kingdom ( ExpressPressRelease ) October 10, 2008 - UK based 360 Investments Ltd announces the sale of its Domain Name Portfolio Assets covering a variety of sectors including business, career, education, computers, entertainment, finance, sports and travel. The full portfolio, that has been independently valued at over GBP500,000 and can be viewed at www.360investments.com, contains nearly 500 domains, the majority of which contain the increasingly popular and valuable 360.com suffix on keyword domains.
Neil Williamson, the co-founder of 360 Investments Ltd, confirmed that the company is letting the domain name portfolio go due to a change in focus, "After almost 10 years, we have decided to move out of the domain name arena and turn our focus to the other projects that we have in the pipeline. I am pleased to say that we have experienced a higher than expected demand for the domains and are very pleased with the divestment progress so far."
The company has already completed the sales of Law360.com, MBA360.com, Careers360.com and more recently, LawSchools360.com and Insure360.com, reflecting an ongoing interest in the portfolio, which lends itself particularly well to online branding, especially since some of the major online players, such as Yahoo, Microsoft and Norton have launched flagship products using the 360 brand.
Neil Williamson continued, "The brandable aspect of the 360 domain is undoubtedly increasing in importance as many of the one word generic domains are becoming so highly priced. The keyword within the domains helps to convey the nature of the website it leads to or the business behind that site and this is essential for marketing and brand awareness."
This portfolio is an excellent fit for a new media or marketing services company, who can use the branding and marketability aspect to offer that extra value-add to their customers, although it could also be of interest to domain investors that are looking for high quality, appreciating domain name assets.
"Whilst around 40 of the domains have sites on them and have been spidered by the search engines, the real value is in the quality of the domains and their brand marketability. I do recognise that there may be interest in certain aspects of the portfolio and we are obviously very happy to discuss options for portfolio, category or individual sales with prospective buyers." noted Williamson.
Excellent domain names can make or break an Internet business and examples of other quality domains in the portfolio include Employment360.com, Accountancy360.com, Advertising360.co.uk, Scotland360.com, Computers360.co.uk, Resume360.com and Pens360.com. Many of the domains cover all extensions, offering the end users the opportunity to protect their online brand across all domain extensions.
For inquiries regarding the sale of the domain name portfolio or to contact the company please visit the company's web site at www.360investments.com.
Notes to Editors Neil Williamson is available for comment and interview and can be contacted online at www.360investments.com/contact.html or by telephone on (+44) 131 563 2435.
360 Investments Ltd is a UK based company that 'opened its doors' in 1999 and has since developed and sold many web sites and acquired premium domain names in different industries.
Contact: 360 Investments Limited Blue Square House 272 Bath Street Glasgow United Kingdom G2 4JR
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Web Site: http://www.360investments.com
Contact Details: 360 Investments Limited Blue Square House 272 Bath Street Glasgow United Kingdom G2 4JR