Dotzup.com, Inc. and Milbank Roy & Co., LLC are pleased to announce that they will be launching a new domain financing program at the T.R.A.F.F.I.C. EAST domain name convention, taking place at the Westin Diplomat Hotel in Hollywood, Florida. Ari Lee Bayme of Milbank Roy will be introducing the financing program on Friday October 27, at 11am.
New York, NY (PRWEB) October 28, 2006 -- Dotzup.com, Inc. and Milbank Roy & Co., LLC are pleased to announce that they will be launching a new domain financing program at the T.R.A.F.F.I.C. EAST domain name convention, taking place at the Westin Diplomat Hotel in Hollywood, Florida.
Ari Lee Bayme of Milbank Roy will be introducing the financing program on Friday October 27, at 11am.
According to Michael Feeley, President of Dotzup: "The Dotzup domain financing program was designed for the owners of domain portfolios with existing revenue from parking. With NO appraisal fees, pre-payment penalties or set-up costs, this program will provide domainers with short term advances or long term loans. Within 45 days we can evaluate your traffic and provide a loan commitment. We plan on keeping the loan review and closing process as lean and straight-forward as possible".
According to Mr. Bayme: "Milbank Roy is pleased to partner with Dotzup to offer the first program designed to let domain portfolio owners leverage the power of their revenue streams. The Dotzup program recognizes the strength of the Direct Navigation industry and provides additional liquidity that this vertical needs to continue expanding at its current pace. With the growing value of domain names as an asset class, we believe that the debt markets can play an active and powerful role in helping domainers sharpen their competitive edge, increase their market share, and enhance their reputation as innovators. Investors will regard this leverage as a source and indicator of earning potential."
About Dotzup:
Dotzup.com, Inc. is a leading Direct Navigation technology developer and domain portfolio holder. Dotzup owns and operates one of the largest portfolios of generic domain names that is devoid of adult, gambling, or trademark conflicts. Dotzup's proprietary technology increases the income of Direct Navigation websites.
About Milbank Roy:
Based in New York City, Milbank Roy & Co., LLC is a cross-border investment banking and financial advisory firm providing mergers & acquisitions, equity and debt financing, valuation, restructuring, and strategic advisory services to high growth businesses. We focus on the Internet, defense and specialty finance industries.
Interested parties should direct their inquiries to:
Michael Feeley
Office 951 541-0438
Fax 951332-9958
Ari Bayme
Office 646 747-6511
Fax 646 747-6501
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