Web.com and Go Daddy Enter Into Patent Cross-License AgreementJanuary 20, 2009
JACKSONVILLE, Fla., Jan. 20, 2009 (GLOBE NEWSWIRE) -- Web.com (Nasdaq:WWWW) and The Go Daddy Group, Inc. today announced that the companies have entered into a settlement and patent cross-licensing agreement. The confidential settlement and patent cross-license agreement fully resolves the lawsuit Web.com filed against Go Daddy in 2006 alleging infringement of U.S. Patent Nos. 6,789,103, 6,842,769, 6,868,444 and 6,654,804.
Under the agreement, Web.com and Go Daddy are granting each other a non-exclusive cross-license covering the parties' respective patent portfolios, including all patents that may in the future issue from pending applications.The remaining terms of the agreement are confidential.
Other Web hosting and domain registration companies licensing Web.com's patents and intellectual property include Register.com and Hostopia. Web.com has 21 patents related to its proprietary technology and business processes.
Web.com Group, Inc. (Nasdaq:WWWW) is a leading provider of online marketing for small businesses. Web.com offers a full range of online services, including Internet marketing and advertising, local search, search engine marketing, search engine optimization, lead generation, home contractor specific leads, website design and publishing, logo and brand development and eCommerce solutions, meeting the needs of small businesses anywhere along their lifecycle. For more information on the company, please visit http://www.web.com/ or call 1-800-GETSITE.
Note to Editors: Web.com is a registered trademark of the Web.com Group, Inc.
This press release includes certain "forward-looking statements" including, without limitation, statements regarding Web.com's expectations about its future financial performance and market position, 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 press release that are not historical facts.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 our 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.Certain risk factors are set forth under the caption "Risk Factors" in Web.com's Quarterly Report on Form 10-Q for the quarter ended September 30, 2008, as filed with the Securities and Exchange Commission, which is available on a website maintained by the Securities and Exchange Commission atwww.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: Web.com, Peter Delgrosso, 904-680-6696, email@example.com
© Copyright 2009 GlobeNewswire, Inc. All rights reserved.