June 14, 2005 - (HOSTSEARCH.COM) - Domain name industry information provider NameIntelligence, in its fourth year of honoring industry innovators and performers, named SnapNames as the company “Most Innovative with Domains” at the Domain Roundtable conference in Seattle.
The award recognizes SnapNames’ Transfer Fulfillment system, which lets customers place free back-orders on currently registered domains and acquire them if they are not renewed by previous registrants. Customers pay only if the name is surrendered and becomes available after expiration.
SnapNames also was recognized with a “Best Drop Catcher Award,” which honors companies particularly effective at securing valuable domain names as they are released from the registry.
“Transfer Fulfillment was the latest in our first-in-the-industry services that gives our customers more certainty about the process of acquiring a previously registered domain name,” said SnapNames Chairman and CEO Sudhir Bhagwan. “It’s an honor for that effort to be recognized by our industry colleagues.”
“SnapNames’ process is revolutionizing how domain transfers are processed in the industry,” said NameIntelligence CEO Jay Westerdal.
Network Solutions, BulkRegister, DirectI, ItsYourDomain and other registrars are members of the patent-pending SnapNames system, which now oversees orderly redistribution for over 20% of active domain registrations.
The network of partners on the SnapNames system brings unprecedented benefits to end-users:
• Certainty of access: Participating registrars’ names flow exclusively through the SnapNames system, so valuable names are available to SnapNames customers before anyone else.
• Choice: SnapNames offers a wider variety of high-quality expiring names than any other provider.
• Ease of use and transparency: In an industry characterized by volatility and difficulty, the SnapNames system is easy to use. Shill bidding, sniping and other common abuses are all prevented by the SnapNames platform.
Back-order subscribers are continually advised of the status of their back-ordered domain names, and are immediately notified when the names are fulfilled or reach auction.
