Elysium Internet Closes Biggest Domain Acquisition in Its History

May 29th, 2008 posted by Administrator

Elysium Internet Closes Biggest Domain Acquisition in Its History
Thursday May 29, 7:00 am ET

Company Plans to Launch Online Brands Pediatricians.com, Psychiatrists.com and Podiatrists.com Within 30 Days

OLDSMAR, FL–(MARKET WIRE)–May 29, 2008 — Elysium Internet, Inc. (OTC BB:USBF.OB - News) (Pending name change), an emerging direct navigation Internet media Company, today announced that it has closed the acquisition of Pediatricians.com, Psychiatrists.com and Podiatrists.com in a deal valued at $1 Million US.

Elysium Internet Chairman and CEO Scott Gallagher commented, “With today’s domain acquisitions we have added three of the best currently available dot com domains in the directory space to our growing portfolio. We successfully launched Therapists.net a short time ago. The site nearly surpassed our internal revenue projections for the month in its first full day of operations. We’ll be launching Auditors.com in the next week or so and then look to launch Pediatricians.com, Psychiatrists.com and Podiatrists.com all by the 4th of July.” Gallagher continued, “Having our first 5 directories running and generating cash will enable us to continue to seek out accretive category killer domains like those acquired today, build our Internet real estate portfolio, grow our cash flow and provide significant value for our stockholders.”

About Elysium Internet, Inc.

Elysium Internet, Inc. (OTC BB:USBF.OB - News) (Pending name change) is an emerging direct navigation online media Company. Publicly traded FTS Group (OTC BB:FLIPE.OB - News) owns 60% of the Company. Its domain assets include: TheDirectory.com, Therapists.net, Auditors.com, Pediatricians.com, Psychiatrists.com, Podiatrists.com, SECLawyer.com and many more. The Company is focused on developing the Internet’s leading local directory Company. Elysium is also in the process of developing several proprietary direct navigation ad platforms. For additional information about Elysium Internet, Inc. (Currently US Biodefense, Inc. pending a name change) please review the Company’s quarterly, annual and other filings with the Securities and Exchange Commission at http://www.SEC.gov.

Forward-Looking Statements

Included in this release are certain “forward-looking” statements, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s financial performance. Such statements are based on management’s current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors, sales and earnings growth, general economic conditions affecting consumer spending, including uncertainties relating to global political conditions. Information with respect to important factors that should be considered is contained in the Company’s Annual Report on Form 10-K and 10-K/A as filed with the Securities and Exchange Commission. Readers are cautioned not to place reliance on these forward-looking statements, which speak only as of the date hereof.

More than $2.5 Million in Domain Names Sold At Moniker’s T.R.A.F.F.I.C East Live Auction

May 29th, 2008 posted by Administrator

More than $2.5 Million in Domain Names Sold At Moniker’s T.R.A.F.F.I.C East Live Auction

– GasPrices.com , InsuranceRates.com and Rainbow.com were among auction’s big sellers –

Pompano Beach, FL (PRWEB) May 28, 2008 — More than $2.5 million in premium domain names were purchased during Moniker’s T.R.A.F.F.I.C EAST Live Auction on Friday, May 23 at the Grand Floridian Hotel in Orlando, Florida. In total, 105 domains were sold making the average sale price over $24,000 during the four hour event. As gas prices across the country continue to rise, the auction’s top-selling domain - GasPrices.com- is no surprise.

Individual investors and domain focused companies purchased various premium domains, including these top sales:

- GasPrices.com $225,000
- Insurancerates.com $225,000
- Rainbow.com $170,000
- Athlete.com $122,000
- ow.com $120,000
- RingTones.org $120,000
- Track.com $92,500
- Computerparts.com $80,000
- Grass.com $70,000

Bidding Opportunities Still Available

Moniker is currently hosting an extended online auction in conjunction with the live events in Orlando last week, offering thousands of additional names including those not purchased at the Live Auction, such as Israel.com, Yachts.com, Hoodia.com and AffiliateProgram.com. The online auction will continue through Thursday, May 29 with select auction inventory beginning to close at 11:00 a.m. (EDT)

To learn more about bidding options, see a complete list of rules and procedures for all Moniker auctions or review additional upcoming live and online domain auctions throughout the year, visit the Domain Auction page on the Moniker website at http://www.moniker.com/liveauction. You may also contact sales@moniker.com or call (800) 688-6311.

The next live auction will be the SnapNames LiveTM Domain Auction during the DomainerMeeting in Paris, France on June 20, 2008 at the Meridian Montparnasse Hotel. For more information, visit http://liveauctions.snapnames.com/details?auction_id=191c.

About Moniker.com

Moniker, an Oversee.net company and the provider of Domain Asset Management® services, offers a complete set of business services that provides companies a single-point-of-access to help manage and maximize the value of their domains. Services include name creation, registration, acquisition, portfolio management, appraisal and escrow services and after-market sales - all backed by unsurpassed customer service and security.

With more than a decade of experience, Moniker is a top 10 domain registrar, holds the industry’s highest customer retention rate and pioneered the industry’s first domain appraisal formula.

About Oversee.net

Founded in 2000 by Lawrence Ng and Fred Hsu, Oversee.net is a technology-driven online marketing solutions company, with two primary divisions — Oversee Domain Services and Oversee Marketing Services. Headquartered in Los Angeles with offices in Portland, Oregon, and Pompano Beach, Florida, the company has over 200 employees. Some of Oversee’s key brands include SnapNames®, Moniker®, DomainSponsorTM, Low.comTM. and Lowfares.comTM. Oversee has been growing profitably since inception. To learn more, please visit http://www.oversee.net/.

Media Inquiries:
Ana Cano
Euro RSCG Worldwide PR for Moniker.com
Telephone: 212.367.6920

Name.com announces the launch of a names-based encyclopedia at wiki.name.com

May 27th, 2008 posted by Administrator

Name.com announces the launch of a names-based encyclopedia at wiki.name.com.

Denver, CO (PRWEB) May 27, 2008 — Name.com, the ICANN-accredited domain registrar headquartered here, announced today the launch of a unique names-based encyclopedia at wiki.name.com.

Wiki.name.com, under development by Name.com, LLC since February 2008, aspires to become “the” name encyclopedia on the Internet. Unlike other online name resources, the wiki boasts extensive information categories for each name, including etymology, origin, popularity, facts, similar names and famous persons. Name enthusiasts, including expectant parents and closet name nerds, will be able to relish in the fascinating connotations, history and affiliations of each name.

All names are dynamic and rich with meaning. For example, think about a domain name: it’s a simple placeholder that represents a unique starting point on the Internet.
“I imagine having an article for every name on the planet,” says Name.com, LLC founder and CEO Bill Mushkin. “All names are dynamic and rich with meaning. For example, think about a domain name: it’s a simple placeholder that represents a unique starting point on the Internet.”

Name.com, an innovative and young company, is the first registrar to create a wiki site. By developing the site on MediaWiki software, Name.com offers interactive access for Internet users to learn and contribute. The content on wiki.name.com will thus be responsive to trends, providing diverse collaborative information and enjoying sustainable growth.

Name.com is a privately held ICANN accredited registrar offering over 50 different gTLD and ccTLD extensions as well as aftermarket domain brokerage, brand management and consulting services. Name.com is headquartered at 125 Rampart Way, Suite 300 Denver, CO 80230. The telephone number is 720-249-2374.

Source: http://www.emediawire.com/releases/2008/5/prweb969724.htm

Algorithm Developed For Top-Level Domains

May 19th, 2008 posted by Administrator

Algorithm Developed For Top-Level Domains

Posted on: Monday, 19 May 2008, 09:28 CDT
At the request of a worldwide Internet organization, a computer scientist at the National Institute of Standards and Technology (NIST) developed an algorithm that may guide applicants in proposing new “top-level domains”—the last part of an Internet address, such as .com, that people type in navigating the Web. As new top-level domains are added to the familiar .com, .info and .net, the algorithm checks whether the newly proposed name is confusingly similar to existing ones by looking for visual likenesses in its appearance. Having visually distinct top-level domain names may help avoid confusion in navigating the ever-expanding Internet and combat fraud, by reducing the potential to create malicious look-alikes: .C0M with a zero instead of .COM, for instance.

Later this year, the Internet Corporation for Assigned Names and Numbers (ICANN) plans to launch the process for proposing a new round of “generic” top-level domains (gTLDs), strings such as .net, .gov and .org meant to indicate organizations or interests
. In preparing for newly proposed gTLDs, ICANN reached out to various algorithm developers, including NIST’s Paul E. Black, as among those engaged to “provide an open, objective, and predictable mechanism for assessing the degree of visual confusion” in gTLDs.

Black’s algorithm compares a proposed gTLD with other TLDs and generates a score based on their visual similarities. For example, the domain .C0M scores an 88 percent visual similarity with the familiar .COM. The resulting scores may help indicate whether the newly proposed domain name looks too much like existing ones.

To make its assessments, the algorithm rates the degree of similarity between pairs of alpha-numeric characters. Some pairs, such as the numeral “1” and its dead-ringer, the lowercase letter “l,” are assigned the highest scores for visual similarity while other pairs, such as “h” and “n”, are given lower scores. The algorithm takes other considerations into account, for example how certain pairs of letters, like “c” and “l,” can join to look like a third letter (“d”), as in the case of “close” and “dose.” Employing these scores and considerations, the algorithm computes the “cost” of transforming one string of characters into another, such as “opel” into “apple.” Lower cost means higher visual similarity. The algorithm then adjusts for the relative lengths of the two strings (different lengths increase their distinctiveness) and converts the final cost into a percent similarity.

ICANN is considering future enhancements to the algorithm, such as having it check for visual confusion between existing domains and future planned Internet top-level domain names in scripts such as Cyrillic.

To read more please visit:
http://www.redorbit.com/news/technology/1392412/algorithm_developed_for_toplevel_domains

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