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Systematic.com goes for USD400K

Written by Caycee Boyce , Saturday, 29 March 2008 

Via Texada’s press release (PDF) :

    TEXADA Software Inc. (TSX Venture: TXS), premier provider of equipment rental and mobile asset management software, today announced that it has sold the ownership of one of its Internet addresses for $400,000.

 “One of the legacy issues that made little sense to me upon recently becoming CEO was to have our company incur the confusion and expense of operating two separately named websites,” said Nigel Miller, President and CEO of TEXADA Software Inc. “I therefore decided to consolidate all our Internet information under our most appropriate name:

 www.TEXADAsoftware.com . We were fortunate to identify a non-competing company in Europe who were interested in acquiring the name of our discontinued website, www.systematic.com.”   

“Effective immediately, everyone will be able to view all our company and product information on one site: www.TEXADAsoftware.com. Appropriate steps have been taken to notify all our contacts. For a period of a year, the www.systematic.com website will also display an ad that enables anyone looking for our company to click through to the TEXADA website”, concluded Mr. Miller.”

The new buyer seems to be a company with vested interest in the domain (they are currently using http://systematic.dk ). Current WHOIS:

    “Systematic Software Engineering A/S
    Soeren Frichs Vej 39
    Aarhus, DK-8000
    DK”

Nothing out of the ordinary here, happens many times a year for many years, mostly these things go unreported.

Source: Posted on TheConceptualist by Sahar Sahid – Reprinted with permission – March 28, 2008
 

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