Cambridge, Mass, October 22, 2007 – On October 19, 2007, Sedo was awarded the highly coveted Ernst & Young’s “Entrepreneur of the Year 2007” by a panel of industry and business experts.  A gala was held in Frankfurt to celebrate the event.

The panel found Sedo, which was founded in 2001 by Tim Schumacher, Ulrich Priesner, Marius Wuerzner, and Ulrich Essman, to be qualified for this esteemed honor due to its high growth and excellent innovation.  Another factor which was considered was the growth in revenue.  Sedo has seen over 100% increases in revenue yearly.  The company itself has been growing, as well.  Today over 150 employees work for Sedo in Cambridge, Massachusetts and Cologne, Germany.

“Sedo clearly demonstrates what many of the German companies have not incorporated into their strategy: a very early and successful internationalization.  At Sedo, over 70% of daily business occurs outside of Germany and Sedo’s employees come from over 20 different nations,” said Carsten Knop from the Frankfurter Allgemeine Zeitung.

About the competition, “Entrepreneur of the Year”:

Ernst & Young is the worldwide organizer of the “Entrepreneur of the Year”, which is held in 50 countries.  This is the eleventh competition to be held in Germany.  The award is given to businesses for their outstanding achievements and demonstration of excellence.

About Sedo
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 / German WKN: ), which is part of the German United Internet AG (ISIN / WKN ). 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

Press Contact:
Mike Kaplan
fama PR