Sedo voted Ernst & Young “Entrepreneur of the Year 2007” in Germany
November 01, 2007 (PRLEAP.COM) Technology NewsCologne, Germany November 1, 2007 – On October 19, 2007, Sedo was awarded the highly coveted Ernst & Young’s “Entrepreneur of the Year 2007” by a panel of industry and business experts. A gala was held in Frankfurt to celebrate the event.
Sedo, which was founded in 2001 by Tim Schumacher, Ulrich Priesner, Marius Wuerzner, and Ulrich Essman, was awarded this esteemed honour by the panel of judges, in recognition of its exponential growth, focus on innovation and strong annual increases in revenue. From a small team in the start-up phase, the company itself has also experienced great growth. Sedo now has over 150 employees in its US and German offices.
“Sedo clearly demonstrates what many of the German companies have not incorporated into their strategy: a very early and successful internationalization. At Sedo, over 70% of daily business occurs outside of Germany and Sedo’s employees come from over 20 different nations,” said Carsten Knop from the Frankfurter Allgemeine Zeitung.
About the competition, “Entrepreneur of the Year”:
Ernst & Young is the worldwide organizer of the “Entrepreneur of the Year”, which is held in 50 countries. This is the eleventh competition to be held in Germany. The award is given to businesses for their outstanding achievements and demonstration of excellence.
Sedo, an acronym for “Search Engine for Domain Offers,” is the leading online marketplace where users buy and sell domain names and websites. Headquartered in Cologne, Germany and with a UK field office to be opened shortly, Sedo has assembled the world's largest database of domain names, with more than eight million listed for sale. The success of Sedo’s model has attracted a global membership base of more than 500,000 domain professionals. Sedo is majority-owned by AdLINK Group (ISIN DE0005490155 / German WKN: 549015), which is part of the German United Internet AG (ISIN DE0005089031/ WKN 508903). For additional information, please visit www.sedo.co.uk.