Sedo Makes Donation to Grassroots.org
September 20, 2007 (PRLEAP.COM) Technology NewsCAMBRIDGE, Mass., September 20, 2007 – Sedo, the leading online marketplace for the buying and selling of domain names, has today announced a $50,000 donation, as well as free advertising space on Sedo.com, to Grassroots.org. Grassroots.org drives social change by providing free technology services to non-profits so they can better focus on their organizations and hosts a portal of high profile Websites to educate citizens on making social impact.
“Grassroots.org shares our vision that the Internet and related technology can make a huge, positive difference in the world,” said Tim Schumacher, chief executive officer, Sedo. “We also value its use of generic keyword domain names to inform citizens seeking to both digest and deliver content regarding key social issues.”
The donation will help Grassroots.org meet its ultimate goal is of adopting 10,000 nonprofit members, and providing them each with an average of $10,000 of services per year at no charge for a total savings of $100 million per year. Currently, Grassroots.org operates more than 30 portals, including PlanetEarth.org, Relief.org, Diseases.org, Homeless.org and Philanthropists.org.
"Grassroots.org is very excited about our partnership with SEDO,” said Angela Siefer, Executive Director, Grassroots.org. “The generous cash and in-kind donations will help us increase our capacity, generating more traffic on our website and allowing us to provide additional services to more organizations."
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 Cambridge, Mass., Sedo has assembled the world's largest database of domain names, with more than eight million listed for sale by their owners. 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). Sedo offers regional versions of its site for the UK (Sedo.co.uk), France (Sedo.fr), Germany (Sedo.de), and Spain (Sedo.com). For additional information, please visit www.sedo.com.
The mission of Grassroots.org is to serve as a catalyst for positive social change by leveraging modern technologies and business best practices. Grassroots.org spreads important social information via our network of socially-focused web sites, while also providing non-profit organizations with free valuable resources to increase their efficiency and productivity.
Director of Outreach and Development