JACKSONVILLE, Fla., May 27, 2008 (PRIME NEWSWIRE) -- Website Pros, Inc. (Nasdaq:WSPI), a leading provider of Web and marketing services for small and medium-sized businesses, today announced that it has named Gregory Wong as Senior Vice President, Corporate Development. In this role, Mr. Wong will be responsible for corporate development and will complement senior management across finance, business development and corporate strategy. Mr. Wong joins Website Pros from FBR Capital Markets, where he was most recently a Managing Director in the Technology, Media & Telecommunications investment banking group.
"We are very excited to add Greg to our management team as he brings a dynamic skill set with considerable experience in capital planning, financing and mergers and acquisitions in the Internet sector," stated David Brown, Chairman and CEO of Website Pros. "We strongly believe that the small and medium-sized business industry presents tremendous opportunity for our company, and as a leader in the space, Website Pros is very well positioned to continue to provide small and medium-sized businesses with the online solutions designed to grow offline business. Having known Greg for many years, I know first hand what he brings to the table and am confident he'll contribute to our long-term success."
Prior to Website Pros, Mr. Wong was a founding member of FBR's Technology, Media & Telecommunications Group and led the Enterprise, Network, and Internet Software corporate finance practice. During his over 11 year tenure at the investment bank, he completed over 35 initial public offerings, follow-on equity offerings, buy-side and sell-side merger & acquisition transactions, strategic advisory assignments, and private placements with aggregate transactions totaling $2.3 billion. Prior to FBR, he served six years as a U.S. Navy Officer in the Nuclear Propulsion Program. Mr. Wong has an M.B.A. in Finance from The George Washington University and B.S. from the University of Notre Dame.
About Website Pros
Website Pros, Inc. (Nasdaq:WSPI) is a leading provider of Do-It-For-Me and Do-It-Yourself website building tools, Internet marketing, lead generation and technology solutions that enable small and medium-sized 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, meeting the needs of these businesses anywhere along their lifecycles - from those just establishing a Web presence to those requiring more sophisticated online eCommerce sites. For more information on the company, please visit http://www.websitepros.com or http://www.web.com or call 1-800-GETSITE.
Note to Editors: Website Pros and Web.com are registered trademarks of Website Pros, Inc.
Forward-Looking Statements
This press release includes certain "forward-looking statements" including, without limitation, statements regarding Website Pros' expectations about its future performance, 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. These statements are sometimes identified by words and phrases such as "believe," "continue to be," "see" or words of similar meaning. As a result of the ultimate outcome of such risks and uncertainties, Website Pros' 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, including, without limitation, our ability to integrate the Website Pros and Web.com businesses, our ability to maintain our sales efficiency, our ability to maintain our existing, and develop new, strategic relationships, the number of our net subscriber additions and our monthly customer turnover. These and other risk factors are set forth under the caption "Risk Factors" in Website Pros' filings with the Securities and Exchange Commission which are available at www.sec.gov. Website Pros 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.