Hostway Sets a New Standard in Domain Name Registration by Offering the Lowest Price Available

Hostway Corporation Offers Domain Name Registration for $7.95 a Year

Chicago—May 20, 2003—Hostway Corporation, a leading global Web hosting company with five international offices, is shaking up the domain name registration market with the lowest cost domain name registration available. The new $7.95 a year pricing for .com, .net, .org, .info, and .biz domain names is unique in that it has no restrictions, requires no other purchase and is available with just one year of domain name registration.

According to Dailychanges.com, domain names are being registered at more than 1.3 million per month, showing that despite the economic downturn, domain names are still a very popular commodity among customers. Names with the .com extension remain the most popular, comprising 79 percent of all new registrations. Furthermore, because of this rapid growth, the new .info and .biz extensions have also served to expand the available domain name inventory and have enabled people to choose names that better reflect the purpose of their Web site.

Compared to Network Solutions or Register.com, who charge as high as $35 per year, Hostway now offers a more fully featured domain name registration to customers at less than one fifth the cost. In fact, the new $7.95 pricing is the lowest domain name registration price anywhere. In the past, there have been other efforts to lower the cost of domain name registration. However, these usually entailed restrictions such as the domain names belonging to the registrar instead of the person registering the domain name. Such moves often ended up causing legal headaches for customers. With Hostway, customers own the domain name under their own name, not the registrars. They also receive free domain name forwarding, a Web-based control panel, renewal protection, and an advertisement-free, under construction page.

The fact that this lowest domain name registration service is being provided by one of the most trusted names in Web hosting is significant because people can register domain names with confidence without having to worry about their domain names being owned by someone else or their domain name registrars going out of business. Registering a domain name with Hostway has other advantages. With offices in the US, the UK, the Netherlands, Australia, and Korea, Hostway is the only, truly global, full-service hosting provider. This means that customers can easily upgrade to professional email plans or to award winning Web hosting and ecommerce plans that Hostway is famous for, quickly and easily.

"We continue to do what we have been doing— provide customers with innovative Web presence solutions backed by award winning support at affordable prices. We are committed to delivering the best value to our customers and are thrilled to be able to make it even easier for customers to establish an online presence with our new low priced, fully-featured domain name registration service," says John Lee, Director of Marketing at Hostway Corporation.

Furthermore, Hostway plans to launch these new lower domain name prices in all of its international locations in the coming months.