If you're new to Cheap Hosting Directory, you may want to subscribe to our RSS feed. Thanks for visiting!

Atlanta, Georgia - (Cheap Web Hosting Directory) - September 6, 2007 - Web hosting Internet services company, Web.com, has scheduled a special shareholder meeting for September 25, 2007 to seek shareholder adoption of the merger agreement with Website Pros, which has also scheduled a special shareholder meeting for the same date.

Website Pros’ shareholder meeting will be held at 8:30 a.m. (EDT) at the principal executive offices of Website Pros, located at 12735 Gran Bay Parkway West, Building 200, Jacksonville, Florida 32258. Web.com’s shareholder meeting will be held at 8:30 a.m. (EDT) at the Renaissance Concourse Hotel, located at One Hartsfield Centre Parkway, Atlanta, GA, 30354.

The two companies announced on June 26, 2007 that they had signed a definitive merger agreement, which was unanimously approved by the boards of directors of both companies, under which Web.com will merge with and into a subsidiary of Website Pros (”Merger Sub”), and the shareholders of Web.com will receive, at their election, shares of Website Pros’ common stock or cash in exchange for all of the outstanding shares of Web.com capital stock (or, in certain circumstances described in the merger agreement, a combination of cash and Website Pros’ common stock). Upon consummation of the Merger, Web.com will cease to exist, and Merger Sub will remain a wholly-owned subsidiary of Website Pros. Pursuant to the merger agreement, Web.com shareholders may elect to receive for every Web.com share either 0.6875 shares of Website Pros stock or $6.5233 in cash, subject to adjustment based upon the elections received so that the total cash paid equals $25 million. In the aggregate, Website Pros will issue approximately 9 million shares of Website Pros stock and pay $25 million in cash.

In connection with the proposed transaction, Website Pros and Web.com filed a joint proxy statement/prospectus with the Securities and Exchange Commission (“SEC”). BEFORE MAKING ANY VOTING DECISION WITH RESPECT TO THE PROPOSED TRANSACTION, SHAREHOLDERS OF WEB.COM AND WEBSITE PROS ARE URGED TO READ THE JOINT PROXY STATEMENT/PROSPECTUS AND THE OTHER RELEVANT MATERIALS FILED BY THE COMPANIES WITH THE SEC. THESE MATERIALS CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. The joint proxy statement/prospectus and other relevant materials, and any other documents filed by Website Pros and Web.com with the SEC, may be obtained free of charge at the SEC’s website at www.sec.gov.

In addition, shareholders of Website Pros may obtain free copies of the documents filed with the SEC by contacting Website Pros’ Investor Relations department at 12735 Gran Bay Parkway West, Jacksonville, Florida 32258 or emailing kori.doherty@icrinc.com, and shareholders of Web.com may obtain free copies of the documents filed with the SEC by contacting Web.com’s Investor Relations department at 303 Peachtree Center Ave, 5th Floor, Atlanta, GA 30303 or emailing investor@corp.web.com. Investors may also read and copy any reports, statements and other information filed by the companies with the SEC at the SEC public reference room at 100 F Street, N.E., Room 1580, Washington, D.C. 20549. Please call the SEC at 1-800-SEC-0330 or visit the SEC’s website for further information on its public reference room.

Website Pros, Inc. is a provider of Do-It-For-Me website building tools, Internet marketing, lead generation and technology solutions that enable businesses to maintain an effective Internet presence. Website Pros offers a full range of web services, including website design and publishing, Internet marketing and advertising, search engine optimization, lead generation, home contractor specific leads and shopping cart solutions.

Web.com, formerly Interland, Inc., offers do-it-yourself and professional website design, website hosting, ecommerce, web marketing, developer hosting, and e-mail resources, since 1995.More than 4 million websites have been built using Web.com’s proprietary tools, services and patented technology. As one of the longest-standing leaders in the website hosting industry, Web.com offers proprietary, point-and-click technologies and expert support professionals to ensure simplicity and ease-of-use at every step of the process. Distribution Partners include: Yellow Pages directories, broadband services, telecommunications, retail, and others. Strategic distribution partners include: R.H. Donnelley, Dex Media, EarthLink, British Telecom, Terra Lycos, Thomas Publishing, Ambassador Yellow Pages, Hawaiian Telcom, Encore Software, Office Depot, CompUSA, Amazon.com, and Monster Worldwide. Technology Partners include: Cisco, Compaq, Foundry Networks, Google, Hewlett-Packard, Lycos, Macromedia, Miva, Microsoft, Network Associates, Openwave, PayPal, RealNetworks, Red Hat, Staples, Sun Microsystems, VeriSign, Verizon, VERITAS, Yahoo, and WebTrends. The company’s web hosting and website building services can also be found under the Interland (www.interland.com) and Trellix (www.trellix.com) brands.

Web.com has been honored with the following accolades:

• Deloitte, Technology Fast 50 Winner, 2005 and 2006
• Excellence in Technology 2005 Awards – Ecommerce, SmallBusinessComputing.com
• # 12 on Deloitte’s 2004 Technology Fast 500
• #1 Web Design, Development and Services Company 2005, Atlanta Business Chronicle
• Frost and Sullivan Market Leadership Award 2003
• Who’s Who in Technology 2003 and 2004, Atlanta Business Chronicle

For more information about Website Pros, please visit: www.websitepros.com.

To learn more about Web.com, please visit: www.web.com.

Related posts brought to you by Yet Another Related Posts Plugin.