EXHIBIT 99.1

Web.com Reports Fourth Quarter and Full Year 2010 Financial Results

Non-GAAP revenue and net income per diluted share at the high-end or above guidance
4Q adjusted EBITDA grows to a record $9.1 million
Customer churn reduced to record lows

JACKSONVILLE, FL – February 8, 2011 –
Web.com Group, Inc.  (NASDAQ: WWWW), a leading provider of internet services and online marketing solutions for small businesses, today announced results for the fourth quarter and full year ended December 31, 2010.

David Brown, Chairman and CEO of Web.com, said, “Continued execution at a high level led to fourth quarter non-GAAP revenue that was at the high-end of our guidance and profitability that again exceeded our expectations.  This achievement represents a solid finish to a year in which we stabilized and began modestly growing our internet services business, improved customer churn to record low levels and closed the transformative acquisition of Register.com.”

Brown added, “Web.com has become one of the largest and most profitable online marketing businesses in the world.  We believe the company has the potential to accelerate revenue growth as we increase Web.com’s investments in sales and marketing and execute our cross-sell/upsell strategy with our recently acquired domain name customers. As we continue to integrate our operations, realize the significant post-merger cost savings and benefit from increased scale, we believe that we have the opportunity to generate substantial shareholder value.”

Summary of Fourth Quarter 2010 Financial Results:

 
·
Total revenue, calculated in accordance with U.S. generally accepted accounting principles (GAAP), was $37.6 million for the fourth quarter of 2010, compared to $26.3 million for the fourth quarter of 2009.  Non-GAAP revenue, which adds back the impact of the fair value adjustment to acquired deferred revenue, was $45.0 million for the fourth quarter of 2010, at the high-end of the company’s guidance of $44.0 million to $45.0 million.

 
·
Operating loss, calculated in accordance with GAAP, was $4.4 million for the fourth quarter of 2010 and included a $7.6 million negative impact related to the fair value adjustment to acquired deferred revenue and prepaid registry fees.  For the fourth quarter of 2009, the company reported GAAP operating income of $480 thousand.

 
·
GAAP net loss from continuing operations was $12.8 million, or ($0.50) per diluted share, for the fourth quarter of 2010, and included the above mentioned impact related to the fair value adjustment to acquired deferred revenue and prepaid registry fees. GAAP net income from continuing operations was $2.1 million, or $0.07 per diluted share, in the fourth quarter of 2009.
 

The following information was filed by Web.Com Group, Inc. (WEB) on Wednesday, February 9, 2011 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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