October 19, 2006 09:00 AM Eastern Time
LeaseThis.com Ushers in a New Era of Internet Advertising
New Platform Brings the World’s Premier Internet Real Estate to the Masses

LOS ANGELES--(BUSINESS WIRE)--LeaseThis, LLC announced today the introduction of LeaseThis.com, a radically-new, cutting-edge Internet advertising platform that seeks to revolutionize the business of online advertising. Research has shown that while the number of global Internet users is growing exponentially, the availability of premium, targeted domain names is rapidly decreasing. The result is an increasingly difficult task for businesses to establish an online presence, or even reach out and attract new customers, through a meaningful domain name.

LeaseThis.com’s proprietary, patent-pending technology is designed to address this issue by better aligning the interests of online advertisers with those that control the Internet’s premium real estate. “We are the first company to offer domain leasing on a scalable, global platform, thereby releasing the incredible value of premium domain names to businesses and individuals around the world,” said Jonathan Boswell, CEO and Co-Founder of LeaseThis.com.

The value of a premium domain name is easily illustrated in the “real” (as opposed to “virtual”) world of real estate. According to the 2005 NATIONAL ASSOCIATION OF REALTORS® Profile of Home Buyers and Sellers, 82 percent of first-time homebuyers and 78 percent of repeat homebuyers used the Internet to search for homes, and 24 percent of buyers actually first found their home on the Internet. For many Internet users, that search starts with real estate domains. For example, a prospective buyer looking for a home in Atlanta often types “AtlantaRealEstate.com” (www.AtlantaRealEstate.com) or “AtlantaHomes.com” (www.AtlantaHomes.com) into their web browser. With a median home price in Atlanta of $265,000, it is easy to see the intrinsic value of this type of highly-targeted traffic.

Furthermore, a recent study conducted by WebSideStory, Inc. (www.WebSideStory.com) shows that this type of “direct navigation” has a conversion rate more than 80% higher than that of traditional PPC (Pay-Per-Click) advertising on Yahoo! and Google.

Ammar Kubba, COO and Co-Founder of LeaseThis.com, acknowledges that the early response has been tremendous. “Businesses desperately want access to this premium traffic, yet the current PPC model often fails to capitalize on the true power and value of premium domain names, to the detriment of both advertisers and domain owners alike. With LeaseThis.com, we now have the ability to deliver this highest-quality traffic directly to the businesses that need it most, in the most efficient and compelling manner possible. We see it as the next logical step in the evolution of search marketing.”

To develop its comprehensive and unrivaled inventory of premium domains, LeaseThis.com has been working closely with prominent domain owners such as Rob Grant, CEO of the RealEstateDirectory.com, which controls one of the world’s largest and most sought-after portfolios of Real Estate domain names. According to Grant, the advantages to controlling a valuable domain on an exclusive lease basis are significant. “By leasing a strategic industry domain, companies can now effectively leap frog over their competition. Instead of merely being listed with dozens of other advertisers on a traditional PPC template, one company alone will have the exclusive use of these extremely valuable domain properties.”

The initial release of the LeaseThis.com platform is currently available exclusively to select beta partners, in preparation for a full-scale global launch in early 2007.

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