Web.com Ranked One of the Fastest Growing Companies in North America on Deloitte's 2011 Technology Fast 500(TM)October 19, 2011
JACKSONVILLE, Fla., Oct. 19, 2011 (GLOBE NEWSWIRE) -- Web.com Group, Inc. (Nasdaq:WWWW) has been included in Deloitte's Technology Fast 500™ ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America for the second year in a row. Web.com's operating revenues increased 148 percent during the 2006-2010 time frame covered by the ranking, a growth rate that Web.com's chairman and chief executive officer David Brown attributes to the Company's singular focus on providing small businesses with end-to-end internet solutions.
"We're growing because small businesses are moving online at an increasingly rapid pace, and Web.com is in a unique position to help them," continued Brown. "The breadth of our services—including domain registration, website development, online marketing, lead generation, eCommerce, social media and mobile offerings—means that we can provide everything they need to grow their business, and they, in turn, are growing ours."
"Web.com, like all 2011 Technology Fast 500™ companies, has excelled in fostering innovation and channeling it into spectacular growth -- against the backdrop of one of the most challenging economies in history," said Eric Openshaw, vice chairman and U.S. technology, media and telecommunications leader, Deloitte LLP. "Deloitte recognizes Web.com for its remarkable accomplishment."
"We are pleased to honor Web.com as a 2011 Technology Fast 500 company," said Mark Jensen, managing partner, technology and venture capital services, Deloitte & Touche LLP. "As one of the fastest growing tech companies in North America, Web.com has demonstrated excellence in technological innovation, entrepreneurship and rapid growth."
About Deloitte's 2011 Technology Fast 500™
Technology Fast 500, which was conducted by Deloitte & Touche LLP, a subsidiary of Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies—both public and private—in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2006 to 2010. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
Web.com Group, Inc. (Nasdaq:WWWW) is a leading provider of internet services and 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, email marketing, 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.
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