JACKSONVILLE, Fla., Jan. 3, 2011 (GLOBE NEWSWIRE) -- Web.com Group, Inc. (Nasdaq:WWWW), a leading provider of online marketing for small businesses, announced that it has been elevated to trade on the NASDAQ Global Select Market, effective today.
The NASDAQ Global Select Market recognizes companies that have attained the highest listing standards based on market value, liquidity and earnings. The NASDAQ Global Select Market listing requirements are the most stringent of NASDAQ's three market tiers.
"We are proud to have attained NASDAQ Global Select Market status, underscoring our long-standing commitment to solid financial principles, strong corporate governance and continued growth in the marketplace," said David Brown, chairman and chief executive officer of Web.com. "These high standards will continue to be foundational as we pursue greater value for shareholders by creating premier online marketing solutions for small businesses."
Since its initial public offering in 2005, Web.com has traded on the NASDAQ Global Market. Its ticker symbol remains WWWW.
Web.com Group, Inc. (Nasdaq:WWWW) is a leading provider of online marketing for small businesses. Web.com meets the needs of small businesses anywhere along their lifecycle by offering a full range of online services and support, including domain name registration services, website design, logo design, search engine optimization, search engine marketing and local sales leads, general contractor leads, franchise and homeowner association websites, shopping cart software, eCommerce website design and call center services. For more information on the company, please visit http://www.web.com or call 1-800-GETSITE (1-800-438-7483).
Note to Editors: Web.com is a registered trademark of Web.com Group, Inc.
CONTACT: Web.com Susan Datz Edelman, Director, Investor & Corporate Communications (904) 680-6909 [email protected]