Web.com Announces Ticker Symbol Change to WEB
JACKSONVILLE, Fla., Nov. 9, 2015 (GLOBE NEWSWIRE) -- Web.com Group, Inc. (Nasdaq:WWWW), a leading provider of Internet services and online marketing solutions for small businesses, today announced that it will change its Nasdaq ticker symbol to WEB. The new symbol will become effective upon the market's open on November 10, 2015.
David L. Brown, chairman, chief executive officer and president of Web.com commented, "Today we are excited to extend the branding of Web.com with the change of our stock symbol to WEB. This memorable ticker symbol clearly aligns with Web.com's role as a leading provider of online marketing solutions for small businesses. We are pleased to announce this as we commemorate our ten year anniversary of being listed on the Nasdaq."
To celebrate this event, the Nasdaq has invited the Company to ring the closing bell on its first day of trading under the new WEB symbol. The bell will be rung by Mr. Brown, who will be joined by several of the longtime employees who helped build Web.com into the nationally recognized brand that it is today.
As of November 10, 2015 all stock trading, filings and market related information will be reported under the new symbol WEB. The CUSIP for the Company's common stock will remain unchanged. Outstanding stock certificates are not affected by the ticker symbol change and do not need to be exchanged.
Web.com Group, Inc. (Nasdaq:WWWW) provides a full range of Internet services to small businesses to help them compete and succeed online. Web.com meets the needs of small businesses anywhere along their lifecycle with affordable, subscription-based solutions including domains, hosting, website design and management, search engine optimization, online marketing campaigns, local sales leads, social media, mobile products and eCommerce solutions. For more information, please visit web.com; follow Web.com on Twitter @webdotcom or on Facebook at facebook.com/web.com.
Note to Editors: Web.com is a registered trademark of Web.com Group, Inc.
This press release includes certain "forward-looking statements" including, without limitation, statements regarding the size of the market opportunity for Web.com's products to small businesses, and whether such products can generate improved revenue growth and profitability for Web.com, statements regarding whether Web.com's products are a unique value proposition, that are subject to risks, uncertainties and other factors that could cause actual results or outcomes to differ materially from those contemplated by the forward-looking statements. These forward-looking statements include, but are not limited to, plans, objectives, expectations and intentions and other statements contained in this presentation that are not historical facts. These statements are sometimes identified by words such as "believe," "opportunities," or words of similar meaning. As a result of the ultimate outcome of such risks and uncertainties, Web.com's actual results could differ materially from those anticipated in these forward-looking statements. These statements are based on Web.com's current beliefs or expectations, and there are a number of important factors that could cause the actual results or outcomes to differ materially from those indicated by these forward-looking statements, including, without limitation, risks related to the successful offering of the products and services of Web.com; and other risks that may impact Web.com's business. Other risk factors are set forth under the caption, "Risk Factors," in Web.com's Annual Report on Form 10-K for the year ended December 31, 2014 and Form 10-Q for the quarter ended June 30, 2015, as filed with the Securities and Exchange Commission, which is available on a website maintained by the Securities and Exchange Commission at www.sec.gov. Web.com expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein as a result of new information, future events or otherwise.
CONTACT: Investors: Ira Berger 904-680-6909 Ira.Berger@web.com Media: John Herbkersman 904-251-6297 firstname.lastname@example.org