Systematic.com sold for $400,000

TEXADA Software sold its domain name systematic.com for US$400,000 this week. The domain name became unused upon consolidation of the company’s websites under the one umbrella of TEXADAsoftware.com. The company is a provider of equipment rental and mobile asset management software.As part of the deal, the company has made it a condition that for a period of one year the systematic.com website will also display an ad that enables anyone looking for TEXADA Software to click through to the TEXADA website.”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.”

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