LOS ANGELES and FRANKFURT, November 26 /PRNewswire/ -- DomainSponsor(R), the domain monetization division of Oversee.net(R), announced today that it plans to establish operations in Europe during the first quarter of 2010 and has appointed Joerg Schnermann as General Manager, DomainSponsor Europe. Joining his team are Jessica Besseling and Joe Higgins, experienced domain monetization executives with deep expertise working with European publishers.

Schnermann previously was Chief Operating Officer of KeywordDomains.com, where he managed and expanded large portfolios of ccTLDs and monetized traffic through multiple channels. Prior to working in the domain business, he was a marketing manager with the Coatings Division of BASF AG, responsible for the development and launch of value-added services in eight European sales organizations. Schnermann also has a corporate banking background with Commerzbank AG. He received his B.A. in European Business from DCU in Dublin, Ireland as well as a Diplom Betriebswirt from the European School of Business in Reutlingen, Germany.

The European market is considered to be the fastest growing sector in the global domain space, said Peter Celeste, Oversee.net Senior Vice President and General Manager of Domain Services. This is a significant milestone for DomainSponsor. We're delighted to welcome such a talented core team of seasoned domain industry experts. They understand local needs and will help build on existing relationships and establish new ones within the European community.

Jessica Besseling is a well-known member of the European domain community and previously worked for Oversee in a sales role. Before rejoining Oversee, she was Director of Business Development for DDC. As a native of Luxembourg and former resident of Germany, Besseling has represented DomainSponsor at a number of industry events during her initial tenure with the company.

Joe Higgins currently is a senior account manager at DomainSponsor. One of his areas of focus is the international domain investor community, where he collaborates with international publishers to grow and develop their portfolios. Higgins helped organize and produce the very first DOMAINfest(R) conference in Barcelona in August 2006 and, since then, has continued to cultivate European relationships and gain a better understanding of the primary differences between European and U.S. traffic and parking platforms.

Joerg, Jessica and Joe will be focusing on the European market, working directly with local publishers to improve and optimize the DomainSponsor platform, and hiring and training a local team for the formal launch of the European business in Q1. They will be actively soliciting feedback from the domain community as they get started. Please contact them directly to be part of this effort:

Joerg Schnermann General Manager, DomainSponsor, Europe +49-69-97461-143 jschnermann@domainsponsor.com Joe Higgins +49-69-97461-173 jhiggins@domainsponsor.com Jessica Besseling +49-69-97461-174 jbesseling@domainsponsor.com

I am very excited about leading DomainSponsor's initiative in Europe, said Schnermann. There is great potential here. With Oversee's optimization technology and customer support, we can make a real difference in delivering results. Jessica, Joe and I are focused on quickly ramping up to serve European publishers more effectively. This expansion gives us the ability to establish DomainSponsor as a favored partner for the growing European domain community.

About DomainSponsor.com

DomainSponsor(R) is the leader in domain monetization, serving domain owners since 2002. It monetizes more than five million third party domain names. To learn more, please visit http://www.domainsponsor.com.

About Oversee.net

Oversee.net(R) 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.net 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(R), SnapNames(R), Moniker(R) and LowFares.com(TM). To learn more, please visit http://www.oversee.net.

Contact: Mason Cole, Vice President Oversee Corp. Communications +1-503-407-2555 mcole@oversee.net Corinne Forti Oversee Corp. Communications +1-805-368-8665 cforti@oversee.net Joerg Schnermann General Manager, DomainSponsor, Europe +49-69-97461-143 JSchnermann@DomainSponsor.com

SOURCE: Oversee.net

CONTACT: Mason Cole, Vice President, +1-503-407-2555, mcole@oversee.net,or Corinne Forti, +1-805-368-8665, cforti@oversee.net, both of OverseeCorp. Communications; or Joerg Schnermann, General Manager, DomainSponsor,Europe, +49-69-97461-143, JSchnermann@DomainSponsor.com