Website Pros Signs Definitive Agreement to Acquire NetObjects, Inc.Business Editors & Technology WritersJACKSONVILLE, Fla.--(BUSINESS WIRE)--Oct. 15, 2001 Combination of World-Class Web Design and Support Services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services With Award- Winning Web Site Building Products and Services Creates Industry's Leading Partner-Focused Small Business Web Site Services Provider Website Pros, a leading provider of Web site design and support services, today announced that it has signed a definitive agreement to acquire substantially all of the assets of NetObjects, Inc (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :NETO NETO National Environmental Training Office NETO Northeastern Educational Television of Ohio NETO North East Timing Organization NETO National Education Telecommunications Organization ), creating the industry's leading provider of Web site building, design and support services for major partners that target small businesses' customers worldwide. The acquisition of NetObjects allows Website Pros to offer the industry's leading platforms for delivering value-added services through trusted brands- NetObjects Matrix and NetObjects Fusion A popular Windows-based Web authoring system from Website Pros, Inc., Jacksonville, FL (www.websitepros.com). It provides a visual environment for designing Web pages and can import an existing site. to major partners worldwide. Website Pros is the leading provider of Website design and support services and has built over 40,000 Web sites for small business customers of key partners such as Dell, Office Depot Office Depot (NYSE: ODP) is one of the world's leading suppliers of office products and services. The Company's selection of brand name office supplies includes business machines, computers, computer software and office furniture, while its business services encompass copying, , and Verizon. Since 1995, NetObjects has pioneered Web site building with over five million Web sites built using NetObjects products and services. Over 10 million copies of NetObjects Fusion have been bundled by the industry's major brands such as Dell, Deutsche Telekom Deutsche Telekom AG (ISIN: DE0005557508, FWB: DTE, NYSE: DT, LSE: DEU, TYO: 9496 ) (abbreviated DTAG) is a telecommunications company headquartered in Bonn, Germany. It is the largest telecommunications company in Germany and in the EU. , Earthlink, Hewlett Packard, and IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) . NetObjects recently launched NetObjects Matrix, the next generation online platform for providing critical Web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. to small businesses through partners. "Website Pros has been in a unique position to evaluate Web site building platforms," said David Brown David Brown may refer to any of the following people:
In development for over two years, NetObjects Matrix is a next-generation platform for delivering branded small business Web Services solutions through distribution partners. Since its market launch earlier this year, leading companies such as IBM, HP, Telecom Italia Telecom Italia is formerly a partially state-owned Italian telco. It was once known as SIP, and it has the largest user base in Italy. Telecom Italia also owns shares in Telecom Argentina and Telecom Personal, fixed and cellular networks in Argentina. , and Strato AG have selected NetObjects Matrix to help them deliver Web services programs aimed at cultivating stronger relationships with their small business customer segments. "Website Pros is now the only company in the market that can deliver the end-to-end, technology and services solution our partners need to tap the growth of the small business Web services market," said Brown. "We can now offer Website Pro's award-winning customer care and website design solutions and the NetObjects technology platform in one seamless, integrated package that helps our partners improve customer satisfaction, loyalty, and fuel revenue growth." The acquisition, subject to customary closing conditions, has been approved by the Board of Directors of both companies, and is expected to close by November 30, 2001. Website Pros is working to ensure a smooth transition for NetObjects Fusion and Matrix customers and partners. More information about the NetObjects transition can be found at http://www.netobjects.com/transition. About Website Pros Website Pros helps large companies build stronger, more profitable customer relationships with their small business customers. The company offers a comprehensive suite of web site design, customer support, and technology solutions tailored to the needs of the small business community. The company's National Design Center -- which employs more than 150 web site designers, artists, copywriters This is a list of well-known advertising copywriters who founded a major multinational agency, have been inducted into an advertising hall of fame, or have been recognized with a lifetime achievement award. , and support personnel -- won Call Center Magazine's Call Center of the Year in 2000 for excellence in customer service and technology. The company brings its solutions to the small business market through a network of strategic partnerships with more than 26 leading companies including Interliant, Dell, Verizon, Homestead, Alltel and others. Based in Jacksonville, Florida, Website Pros, Inc., is privately held and is funded by Norwest Venture Partners, Crosspoint Venture Partners, Pivotal Asset Management, Chase Capital Partners, Verizon, PurchasePro.com, Office Depot, Dell and others. Website Pros can be reached by calling 888/372-7586 or on the Internet at http://www.websitepros.com. About NetObjects, Inc. NetObjects, Inc. (OTCBB:NETO), an IBM affiliate (NYSE NYSE See: New York Stock Exchange :IBM), is a leading provider of e-business solutions and services. NetObjects has been ranked by Softletter 100, NewMedia 500 and as one of Fortune's 25 Very Cool Companies. Its products have won more than 75 awards, including Windows Magazine's Win 100 award, InfoWorld's Analyst Choice award, CNET's Internet Excellence award, PC Magazine's Editors Choice award and Internet World's Industry Award. More information about NetObjects and its products can be found at http://www.netobjects.com/aboutus. (c)2001 Website Pros, Inc. All rights reserved. Brands and product names may be trademarks or registered trademarks of their respective companies. |
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