Blogster.com Purchased for $100,000

Cleveland Entrepreneur Tony Colan and partner Ed Harrison announced today the purchase of the www.blogster.com for $100,000.

‘€œWe were attracted to the name immediately,’€? said Tony Colan, Vice President of Blogster.com. ‘€œBlogging is no longer just for teens, techies and political pundits. The growth, we expect, will be explosive, and as a result, we were willing to pay a premium for a domain that will help us build brand awareness in the marketplace.’€?

The two recently sold their successful pay-per-click search Web site, wholesale411.com, to Liquidity Services in Washington, D.C., an online liquidator for government surplus. While the duo declined to comment on the terms of the deal, a recent S-1 notice of going public by LSI, put the deal at over $3 Million dollars.