from www.thedomains.com – According to a press release from ICM Registry, Clips4Sale has purchased $700,000 in . XXX domains.

The exact domains were not mentioned in the press release but one of the included domains sold for $300,000.

Here is the full press release:

“ICM Registry, the operator of the new .xxx top-level domain (TLD), announced today that it signed a major deal with Clips4Sale, the number one downloadable video clip site, for 30 premium adult-entertainment related domain names.

A spokesperson for Clips4Sale said, “With our current plan to significantly increase our market share, taking the opportunity to acquire highly visible domain names that specifically relate to our business was an obvious choice. These 30 new domains will enable us to be predominant in certain niches within .XXX as well as provide additional avenues to promote our producers and their content to a new audience.”

“We are delighted that Clips4Sale has decided to participate in the .xxx domain, they are one of the few companies able to compete against free and pirated content, primarily because of the uniqueness of their offering,” said ICM Registry sales director, Vaughn Liley [pictured].

“Being able to prosper in the current economic climate speaks volumes about their business model as well as the popularity of user generated content. As an innovator and a company that thinks differently, Clips4Sale make an ideal business partner for .xxx.”

The all cash, $700,000 transaction includes one .xxx domain at $300,000 and two others at over $80,000 each. The $300,000 domain will join gay.xxx in the top 15 domain sales of the year. The new owners plan to reveal the names purchased when the sites launch early next year.

These purchases clearly mark the value of the new .xxx domain and serve as a strong endorsement from leading adult entertainment companies as to how and where they are investing for their future growth.”