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Internet Business on the Upswing Increased Domain Activity, Ad Sales and Attendance at Leading Trade Show Indicate Growth Trend

POMPANO BEACH, Fla., / PRNewswire/ -- Leading internet domain registrar Moniker.com today announced it has seen a substantial surge in domain resales, registration, transfers and activation - a trend that, coupled with strong online advertising sales and record levels of attendance at a major industry trade show, indicate a rebound in the Internet business.

"The market for domain resales is up 23 percent versus 2000, and new domain registration and transfers are reaching an all-time high. Additionally, a record number of domains are being activated - creating new online businesses." said Monte Cahn, chief executive officer for Moniker.com, "In late 1999 we sold the domain autos.com for $2.3 million and believe the market is ripe for new sales at this or greater levels. We are currently listing several domains, including Shanghai.com, that are worth hundreds of thousands of dollars based on the interest they're generating."

Several statistics support this trend. Industry analyst Geoff Ramsey, CEO of eMarketer, expressed optimism. "The Interactive Advertising Bureau and PricewaterhouseCoopers study just announced that internet advertising grew for the past two consecutive quarters, and our projection for the year is spending will be up 14.8%. As another key indicator, online holiday shopping is predicted to be up 29% to $17.8 billion."

Another indicator of the strength of internet business was record attendance at leading internet trade show AD :TECH. "More than 4,300 interactive professionals attended the recent Ad:Tech show in New York." Said AD :TECH Chairperson Susan Bratton. The market is back and as a result we have added a show, in Chicago for 2004, in addition to San Francisco and New York."

The strength in the Internet and technology sector is based on solid business metrics, according to Cahn. "We are confident about the rebound," he added. "The activity among our customers is based on steady, organic growth. Unlike the past, the domain registrations and acquisitions today are resulting in real online companies being born. We believe this bodes well for the entire industry"

About Moniker.com

Moniker.com is one of the top five fastest growing ICANN-accredited Internet domain registrars, and is the global leader for corporate domain management. Together with its affiliated companies, Coolhandle.com, a web hosting company, and Domainsystems.com, a domain aftermarket services provider, the company manages more than 500,000 domains for companies, organizations and individuals, and offers leading security and personalized customer service for all of its clients. The company is based in Pompano Beach, Florida.

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