Program.com                 

                

  Home
Up
Sainthood
US Sup. of Doc.
Virtual
program.com
A.I.B.
7 Steps
 
Results - www.program.com

Background:
Charles McHenry, President of the Vertex Group wanted to sell one of his domains - www.program.com.  He contacted GAP Enterprises, Ltd., who discussed the sale and some potential brokers and lawyers. Once it was decided on who would broker the deal, GAP was asked to distribute a press release (written by Vertex) to 1,100 contacts. 

Results:

"We received coverage in the following publications (that we know) two days after the release... 

Metropolitan Daily Newspapers: 
Seattle Times & PointCast Seattle Times Channel 
Orange Count Register (Orange Count, Calif.) 
Sacramento, CA Bee 
Louisville, KY Courier Journal 
Jackson, TN Sun 
 
Radio Coverage: 
Canadian Broadcasting System, "As It Happens" 9 minute interview on Tues., June 24th Broadcast across North America and around the world via shortwave, satellite and on the Net. 
Internet coverage: 

http://www.techserver.com/ 
Fox news: http://www.foxnews.com:80/js_index.sml?content=/business/wires2/f_0624_5.sml 
"The Associated Press article, penned by Jeff Barnard, should appear on the National wire tomorrow. We'd arranged this coverage before the wire story. I also expect some coverage in the electronic news services. We double-covered these important targets. You e-mailed releases, I uploaded and faxed the news.

At 1:30 p.m. today, we heard from the VP of business development from one of our five targeted companies, who expressed interest in opening negotiations. We're delighted. And this just on the power of the release, no stories yet filed. 

I'll keep you informed. And thanks again for your advice, support and now, professional assistance."

Charles McHenry 
President, The Vertex Group 

Note:
As a follow on to this, we received this message from a member of a newslist to which we subscribe...

Subject: Re: [NET-LAWYERS] Buying and selling Web Sites 

"The Detroit Free Press has an article today in the business section regarding  the sale of the URL program.com. The Free Press is at http://www.freep.com/business/qinfo30.htm "



The Press Release:

Subject: BestDomains teams up with The Vertex Group to sell PROGRAM.COM 
http://www.program.com 

Target: Advertising, Business, Computer, General Interest, Publishing & Telecommunications 

Contact: Charles McHenry 
541.772.2382, or 
David Milligan 
212.425.3477 x301 

Popular Internet E-zine for Programmers Has More Than Just a Name For Sale 

NEW YORK & ASHLAND, Ore., June 23, 1997 – BestDomains, a division of Globecomm, Inc., and The Vertex Group of Ashland, Oregon, today announced an agreement to collaborate on the sale of http://www.program.com the Web's leading independent developer resource site. 

"Offering a significant corporate asset like a successful web site for sale is still quite problematic," said Charles McHenry, president of The Vertex Group, developers and publishers of Program.com. "In light of recent indications that the domain name and Web site markets are heating up, we felt it prudent to collaborate with the most experienced broker of Internet intellectual properties." 

In addition to making one of the top Internet addresses available, this sale also offers prospective purchasers the select group of users that have migrated to the site because of its domain name and value-added content. Program.com has been keeping programmers and software developers informed and educated since early 1995, almost an eternity in "Internet years." A content-rich, magazine format site, Program.com has received six awards from reviewers in three countries, including NetGuide magazine's "NetGuide Gold Site" award and a Magellan "4 Star" rating. 

"BestDomains believes that this site offers a unique opportunity for a major software publisher or distributor to acquire a well-regarded Internet identity as well as an existing community of developers," said David Milligan, vice president of BestDomains. "This site also represents an  opportunity for trade magazine publishers to extend their information franchise on the net while acquiring additional readers and opportunities for advertisers. We'll be approaching major players in both sectors with this important Internet address and the web site that is built around it." 

BestDomains is the leading trading site in what is being called The Internet Gold Rush. With over 2,000 domain names in its inventory and an active and professional trading staff, BestDomains is the single largest broker of Internet intellectual properties (see comparison chart at:  http://www.igoldrush.com/sell4.htm ) 

"We view brokering the sale of entire Web sites as an important extension of our activity in the domain name business," said Milligan. "As the Internet build-out continues, there will certainly be an increase in opportunities to generate profitable business in this area. With this collaboration, as well as other planned ventures, BestDomains extends its leadership into this vital emerging marketplace." 

BestDomains is a division of Globelcomm, Inc., a leading global provider of addressing and naming solutions for consumers and businesses using the Internet. BestDomains provides services for companies and individuals that need to buy or sell Internet intellectual properties. The company currently operates the largest trading site of domain names on the Internet. Located at: 11 Broadway, Suite 660, New York, NY 10004, BestDomains can be reached at: 212.425.3477 ext. 301; or, via email at: info@bestdomains.com 

The Vertex Group of Ashland, Oregon, is a developer and publisher of content-rich, magazine format Web sites. In business since 1995, Vertex Group Web sites have been recognized with 11 awards from reviewers in three countries. In addition to Program.com, the company publishes  Southern Oregon Magazine, http://www.so-oregon.com the Pacific Northwest's premier travel and lifestyle e-zine. The Vertex Group can be reached at: 541.772.2382; or, via email at: info@vertexgroup.com 

### 

Note to Editor: For further information or interview please contact... 

David Milligan, VP, BestDomains 
(212) 425-3477 ext 301 
dave@mail.com 

or, 

Charles McHenry, president, The Vertex Group 
(541) 772-2382 
cmchenry@vertexgroup.com 
 

Back Home Up Next