SOURCE: Corporation Service Company

May 04, 2006 14:02 ET

Corporation Service Company® Acquires Register.com's Corporate Services Division

WILMINGTON, DE -- (MARKET WIRE) -- May 4, 2006 -- Corporation Service Company, a privately held firm and leading provider of financial and legal services to corporations and law firms, announced today it has acquired New York-based Register.com's Corporate Services Division from Vector Capital, a privately held equity firm located in San Francisco, CA. The acquired business, which will be operated under the banner CSC Corporate Domains, is a leading provider of online brand protection for corporations with large domain name portfolios. The business also provides strategic consultancy services and global domain name registrations, management, and monitoring services.

The acquisition is Corporation Service Company's second purchase of a global provider of corporate domain management services in the last six months and further reflects CSC's commitment to bringing its award winning customer service to the name management industry. Legal, intellectual property, and IT professionals will also greatly benefit by the combination of these services with CSC's other corporate name and entity management offerings. This combination creates the most integrated and comprehensive portfolio of services in the industry.

"This acquisition clearly establishes CSC as the leading provider of name management services for corporations and law firms worldwide," said Bruce R. Winn, President and Chief Executive Officer of CSC. "Customers will clearly benefit from the combination of Register.com's Corporate Services Division's innovative technological solutions and consultative services with CSC's other services and our 100-plus years of experience in providing outstanding customer service."

"We are very excited to have been acquired by CSC," said David Saias, General Manager of Register.com's Corporate Services Division. "No other company that provides corporate domain management services has CSC's history, financial stability and long-term commitment to customers. CSC is clearly well positioned to be the industry leader for many years to come."

The Register.com retail and reseller businesses will remain with Vector Capital and continue to operate under the Register.com brand.

About CSC

Corporation Service Company, a privately held company headquartered in Wilmington, Delaware, USA, is a leading provider of legal and financial services for many of the world's largest companies and law firms. Founded in 1899, CSC, which now employs over 1,000 people, offers clients corporate compliance and governance services, intellectual property management and domain name management services, entity management services, public record document and retrieval services, uniform commercial code and motor vehicle titling services, litigation management and registered agent services. For further information, visit the company website www.incspot.com

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