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March 22, 2007 – Register.com, a leading provider of global domain name registration and web services, and Web.com, Inc. (Nasdaq:WWWW), a leading destination for websites and web services, today announced that the two companies have entered into a strategic partnership to exclusively offer website design tools, hosting and domain services to their respective customer bases. The two companies have also agreed to a licensing arrangement covering all existing and pending patents for both companies.
“This partnership will enable Register.com to offer our customers best of class do-it-yourself tools and website hosting services specifically designed to help small businesses build and manage their online presence,” said Larry Kutscher, CEO of Register.com. “It is important that our customers can rely on us to help them easily create and operate first-class websites so that they can focus on running their businesses. Web.com knows what it takes to meet these needs with exceptional tools and service. We are looking forward to working together.”
Under the agreement, Web.com will become Register.com’s exclusive provider of do-it-yourself website building tools utilizing Web.com’s Site Builder technology and hosting services. Web.com’s Site Builder technology has built more than 4 million websites and provides customers with a simple and powerful means to create, grow and maintain their online presence.
Also under this agreement, Register.com will become Web.com’s exclusive provider of domain names and parked pages for the Web.com brand. With over three million domain names under management, Register.com is one of the largest and best known destinations for registering and maintaining websites. Leveraging Register.com’s expertise in quality domain name management services, Web.com will enable customers to quickly and easily register and maintain their web presence.
“As a longtime leader in the industry, Register.com brings extensive expertise and a history of service excellence in the domain business,” stated Jeff Stibel, President and CEO, Web.com. “We view our new relationship with Register.com as a true win-win for both companies.”
Register.com and Web.com will begin to roll out the initiatives outlined in the agreement during the second quarter with a plan to achieve full implementation before the end of the year. Specific financial terms of the multi-year deal and patent agreement were not disclosed.
For more information visit http://www.web.com or http://www.register.com.
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