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Agoura Hills, CA (PRWEB) November 13, 2007 — California-based Domain Development Corp (www.ddc.com), a comprehensive monetization and full-scale domain development service, today announced that Sean P. Moriarty has been appointed the company’s new President. Moriarty comes to DDC from Yahoo!, where he was in charge of managing Yahoo’s off-network domain monetization business.

Today’s announcement comes as DDC continues to develop its domain portfolio and enhance its product offering with the launch of version 2.0 of its Power Parking technology. In addition, DDC recently made news when they facilitated one of the largest domain sales of all time, a $9.5 million private transaction. This landmark domain sale extended DDC’s presence within the rapidly growing domain industry.

“Sean’s experience, proven leadership and extensive knowledge of the domain space provides an invaluable advantage to DDC as we continue to grow and innovate,” said Ken Lawson, company founder and CEO. “Sean and I share common goals for creating a leading-edge domain management service, and I am excited to work with him to make DDC the most competitive platform in the market.”

Over the past 10 years Mr. Moriarty has worked in consulting and sales leadership positions in private equity backed emerging growth companies: Vividence (acquired by Keynote Systems) and PlaceWare (acquired by Microsoft). For the last four years, Sean has worked at Yahoo! where he managed the consumer software channel and subsequently the domain channel. In addition to managing all of Yahoo’s key domain partnerships, Sean was integrally involved in the product development and marketing strategy that enabled Yahoo! to maintain its leadership position in domain monetization.

Moriarty commented, “I am excited to be back in a small company environment, working with an intelligent and passionate team that is nimble and focused on execution. Our mission is to enhance the experience of parked sites for visitors, owners and advertisers. In addition, we plan to continue to build on our comprehensive development efforts as we evolve suitable domain names into internet businesses.”