Associated Cities(R) Announces Domain Name Auction to Feature Geo, Travel and Local Search Internet Real Estate

ST. LOUIS, April 22 /PRNewswire/ -- Associated Cities, Inc. (www.associatedcities.com), the world's largest association of Geographical Domain (Geodomain) owners, announced today that it will partner with Moniker® (www.moniker.com) and SnapNames® (www.SnapNames.com), both Oversee.net companies, to incorporate a special showcase auction into the 2010 GeoDomain Expo® 2010, scheduled for April 28-30, 2010, at the Roosevelt Waldorf Astoria Hotel in New Orleans, La.

This special showcase auction will feature premium domain names that assist searchers seeking information, products and services oriented toward geographic locations, travel and local search verticals. While the event is over a three-day period, the April Showcase & GeoDomain Expo auction will open online on April 13 and close on May 4, 2010 at 3:15 p.m. US Eastern time.

Auction details can be found at: http://showcase.snapnames.com/2010/04/travel-and-local-search-auction

"Geodomains are among the most valuable and most sought after assets on the Web," said Associated Cities' Executive Director Patrick Carleton. "Associated Cities is excited to partner with Moniker & SnapNames, leaders in domain auctions."

"Travel, destination and local search domains have been a longtime favorite category for our business, affiliate and investor buyers," said Moniker founder Monte Cahn. "These domains have become an integral part of the way end users search for location-focused products and services."

Cahn's experience is in line with a recent BIA Kelsey and ConStat study conducted March 10, 2010, which documented that nearly all consumers (97 percent) now use online media when researching products or services in their local area. The consumer tracking study, titled User View Wave VII, said that among consumers surveyed, 90 percent use search engines, 48 percent use Internet Yellow Pages, 24 percent use vertical sites, and 42 percent use comparison shopping sites.

Tickets for the 2010 GeoDomain Expo are currently available for $1195 until April 27. Go to http://associatedcities.com/conferences.php?id=3 to get your tickets today.

About Oversee.net

Oversee.net® is the leader in Internet real estate, specializing in monetizing, registering, selling and developing domain names. The company provides an array of managed services to domain investors, corporations and individuals across more than ten million web sites. Oversee owns one of the largest portfolios of domain names in the world. The company's unique optimized technology connects consumers and advertisers with highly relevant advertisements. Headquartered in Los Angeles, the company's core brands include DomainSponsor®, SnapNames®, Moniker®, and LowFares.com™. To learn more, please visit www.oversee.net

For more information, please visit www.associatedcities.com

Associated Cities and Geodomain Expo are registered trademarks of Associated Cities, Inc.

SOURCE Associated Cities, Inc.