Sept. 15, 2007
Reinvent media group of Companies Acquires Vancouver.com
Reinvent to transform website into virtual city replica
VANCOUVER, B.C. – Reinvent, a global media and Internet technology company, announced today the acquisition of Vancouver.com, the latest addition to its extensive domain name portfolio. Purchased from Intrawest ULC, Reinvent will transform the city domain into a virtual town square, leveraging Reinvent’s intelligent information gathering initiatives to connect the hearts and minds of Vancouver residents and visitors.
“We are excited about owning the virtual city name for Vancouver, the place where we live and work, and intend to transform Vancouver.com into an online destination that all Vancouverites will want and need to visit,” said Dr. Kevin Ham, Reinvent's Chief Executive Officer. “We anticipate interest in Vancouver and Vancouver.com to skyrocket in the coming years, due both to the upcoming 2010 Winter Olympic and Paralympic Games and Vancouver's consistently high rankings in worldwide quality-of-life surveys.”
Vancouver.com will serve as a scalable model for other city-focused domain names in the Reinvent portfolio of domains. The Reinvent team is focusing its passion, creativity and talent to develop Vancouver.com into an even greater resource for all things Vancouver, with a re-launch expected by Summer 2008.
Under the management of Intrawest since 2001, Vancouver.com provided a valuable resource for Vancouver tourists and locals alike. Website offerings included booking services for accommodation, transportation and activities, as well as editorial content and links to current events in Vancouver.
About Reinvent
Founded in 2000, the Reinvent media group uses its intelligent technologies and world-class domain name portfolio to connect people around the globe. The Reinvent media group is a leading pioneer in the business of Direct Navigation, monetizing over one million domain names and websites, including its own portfolio of 400,000 premium domain names, such as God.com, Mother.com, and HDTV.com. With offices in Vancouver, Canada and Barbados, the group is focused on organizing the world's information in a useful and meaningful way through its Semantic Web Technology, its Virtual Cities and Global Advertising Networks. The Reinvent media group's mission is to enlighten and connect people through words and visual information.
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