The Company also expects to incur approximately $11.4 million in one-time costs in the first quarter, which will be deferred or excluded from non-GAAP results, related to the re-pricing of the first lien credit facility and prepayment of the second lien term loan.
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, website design, search engine optimization, internet marketing and local sales leads, social media and mobile solutions, shopping cart software, eCommerce website design and call center services. For more information on the company, please visit http://www.web.com .
Forward-Looking StatementsThis press release includes certain "forward-looking statements" including, without limitation, statements regarding the terms for the first lien credit facility, expected savings from the repayment of the second lien term loan and expected size of the future reinvestment in sales and marketing activities 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 presentation that are not historical facts. These statements are sometimes identified by words such as "expects", "plans", "will" or words of similar meaning. 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 Web.com's current beliefs or expectations. Other 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, 2012, as filed with the Securities and Exchange Commission, which is available on a website maintained by the Securities and Exchange Commission at www.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. Note to Editors: Web.com is a registered trademark of Web.com Group, Inc.
CONTACT: Susan Datz Edelman Web.com (Nasdaq:WWWW) Director, Investor Relations and Corporate Communications (904) 680-6909 firstname.lastname@example.org ICR for Web.com Brian Denyeau 646-277-1251 Brian.email@example.com