Alexander Szeles, owner of the cool.fm radio directory, announces the sale of the rights to cool.fm, cool.tm and cool.dj.

London, UK (EMWNews) July 30, 2008 — Alexander Szeles, owner of the cool.fm radio directory, announces the sale of the rights to cool.fm, cool.tm and cool.dj.

Cool.FM

“This is a rare opportunity for a buyer,” Szeles says. “Obtaining a desirable internet address to represent a new venture or brand is difficult these days. Short and catchy names are rarely available to purchase or register, indeed, acquiring a set of premium top level domains in one lot is almost unheard of.

“If people consider that $38 million was offered to the owner of cool.com eight years ago, and consider that we’re entertaining offers at a fraction of that figure for a suite of names, we think they’ll agree that this sale represents excellent value for an expanding media company or entrepreneur. Collectively, these names can form a foundation to launch countless products or services under one easily recognisable family umbrella.”

Szeles continues, “To be honest, we’re somewhat saddened to let go of cool.fm, people who know about us will understand why. However, we need to raise capital to fund new development projects and in order to do this we’ve decided to release these valuable assets.”

Afternic.com has been employed to manage the sale and anyone who wishes to take part or express interest may do so here: http://www.afternic.com/cool.fm.

Statements and figures incorporated in this press release are estimations and opinions by nature. As such, individuals are advised to check accuracy should they decide to act on the information.

Contact Information:

Alexander Szeles

+44 0798 402 7209

admin @ cool.fm