| Marc Ostrofsky |
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Marc Ostrofsky is a "domain name" firm has created a number of successful Telecommunication , Publishing and Internet based companies. He is the co-founder of hundreds of web properties. His best known enterprise is Internet REIT (iREIT) (also known as www.iREIT.com), which acquires, develops and sells internet traffic "wholesale" to Google for them to resell to others on a "PayPerClick" basis. He is known for his record sale of Business.com in 1999 for $7.5 million to ECompanies which landed in the Guinness Book of World Records for the most expensive domain name ever sold. He coined the phrase "Domain names are the real estate of the Internet" when he bought Business.com for $150,000 in the mid 90's, which had been the most money ever paid for a Domain Name at that time. Ostrofsky founded five high tech Internet and telecommunications magazines and a dozen technology trade shows, which were later sold to Advanstar Publishing for $8,000,000. He then created and sold Multimedia Publishing Corporation (another firm holding magazines, trade shows and web sites) to Primedia (NYSE: PRM) for $35,000,000. He was one of the early pioneers and founders of the voice mail/voice processing market, the private pay phone market, the operator services market, and the prepaid telephone card market in the United States. Prior to these ventures, Ostrofsky organized several internet and telecommunications Magazine s and technology Trade Show s. The assets of Information Publishing Corporaton were later sold to Advanstar Publishing, and the assets of his next venture, MultiMedia Publishing Corporation were later sold to Primedia. He also founded www.idNames.com, an international Domain Name Registry service that was sold to Network Solutions , and is now a division of VeriSign . He has been interviewed on major television networks, newspapers and wire services. He is a professional speaker domestically and internationally on entrepreneurship on the internet. He is a member of the National Speakers Association (NSA) and was the initial creator of the Internet Commerce Association (ICA). Ostrofsky is a graduate of the University Of Texas At Austin . REFERENCES EXTERNAL LINKS
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