Web.com approves merger
Website and Internet services company, Web.com, Inc., and e-commerce firm, Website Pros, Inc.’s shareholders, have approved the adoption of the merger agreement between the companies. Website Pros stockholders have also approved the issuance of Website Pros common stock to Web.com shareholders, in the transaction.
David Brown, President and CEO of Website Pros offered, ”We are excited to have the confidence of the stockholders. We believe that the combination of Website Pros and Web.com will create a diversified, well-capitalized organization focused on providing the growing small business economy with a complete set of web and marketing services designed to improve their businesses. I am enthusiastic about our combined opportunities and look forward to continuing to grow shareholder value over time.”
Recently. Web.com’s President and Chief Executive Officer, Jeff Stibel, along with Chief Financial Officer, Gonzalo Troncoso, rang The NASDAQ Stock Market opening bell recently, in a ceremony broadcast on national television, as well as webcast live on NASDAQ’s MarketSite broadcast studio in New York City, CNBC and Bloomberg TV.
Website Pros, Inc. is a provider of Do-It-For-Me website building tools, Internet marketing, lead generation and technology solutions that enable businesses to maintain an effective Internet presence. The company offers a full range of web services, including website design and publishing, Internet marketing and advertising, search engine optimization, lead generation, home contractor specific leads and shopping cart solutions, meeting the needs of a business anywhere along its lifecycle - from those just establishing a web presence to more sophisticated online eCommerce sites.
Web.com, formerly Interland, Inc., offers do-it-yourself and professional website design, website hosting, ecommerce, web marketing, developer hosting, and e-mail resources, since 1995.More than 4 million websites have been built using Web.com’s proprietary tools, services and patented technology. As one of the longest-standing leaders in the website hosting industry, Web.com offers proprietary, point-and-click technologies and expert support professionals to ensure simplicity and ease-of-use at every step of the process. Distribution Partners include: Yellow Pages directories, broadband services, telecommunications, retail, and others. Strategic distribution partners include: R.H. Donnelley, Dex Media, EarthLink, British Telecom, Terra Lycos, Thomas Publishing, Ambassador Yellow Pages, Hawaiian Telcom, Encore Software, Office Depot, CompUSA, Amazon.com, and Monster Worldwide. Technology Partners include: Cisco, Compaq, Foundry Networks, Google, Hewlett-Packard, Lycos, Macromedia, Miva, Microsoft, Network Associates, Openwave, PayPal, RealNetworks, Red Hat, Staples, Sun Microsystems, VeriSign, Verizon, VERITAS, Yahoo, and WebTrends.
Web.com has been honored with the following accolades:
Deloitte, Technology Fast 50 Winner, 2005 and 2006
Excellence in Technology 2005 Awards – Ecommerce, SmallBusinessComputing.com
# 12 on Deloitte’s 2004 Technology Fast 500
#1 Web Design, Development and Services Company 2005, Atlanta Business Chronicle
Frost and Sullivan Market Leadership Award 2003
Who’s Who in Technology 2003 and 2004, Atlanta Business Chronicle
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