October 8, 2004 -- (WEB HOST INDUSTRY REVIEW) -- Pool.com (pool.com), a provider of Web
domain name backordering services, announced on Thursday a new "open listing service" to provide ICANN-accredited registrars and registrants the ability to sell or buy domains for the highest value and with the best rights protection in a competitive, open-market, open-architecture environment.
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The OLS is a technology platform and set of market services that support the resale, auctioning and re-registration of domain name addresses. Pool.com helped create and then lead the backordering business that now generates about $60 million a year in revenue.
"We are moving from solely being a customer-facing backordering services company to one providing an open, back-end technology platform," says Pool.com GM Taryn Naidu. "We are offering registrars of any size a centralized location to list their domains for sale and the ability to develop their own, unique interface for their customers."
The OLS is designed to optimize domain name holder value, while encouraging similar levels of rights protection and transparency. These are provided by such practices as the Redemption Grace Period and Uniform Domain Name Dispute Resolution Process instituted over the years by ICANN and such groups as WIPO, the World Intellectual Property Organization.