| [Sep
5, 2003] |
Hostway
Continues International Growth Strategy With Acquisition
of Two Web Hosting Firms
Sydney– Sep 5, 2003– Hostway,
a global leader in web hosting, announced today
that it has acquired two web hosting firms enabling
the company to provide superior value and easier
access to the latest hosting innovations worldwide.
The acquisitions of Vancouver-based NetNation
Communications and Florida-headquartered Neutelligent,
will add to Hostway’s existing base of
customers, enhancing its position as one of
the leading web hosting providers for medium
to large organisations globally.
By acquiring Vancouver-based NetNation Communications,
Inc., a pioneer in web hosting and domain name
registration, Hostway will accelerate expansion
in Canada, which follows its market entry into
Australia earlier this year.
In addition, by acquiring, Neutelligent, a Tampa,
Florida-based Web hosting provider that specialises
in dedicated servers and co-location services,
Hostway will gain new data centre hosting facilities
and an existing customer base.
With these acquisitions, Hostway now provides
domain name registration, shared hosting, dedicated
hosting, complex multi-server hosting, high-bandwidth
hosting and co-location, making it a total hosting
provider.
While NetNation will operate as an independent
brand and a wholly owned subsidiary within Hostway’s
group of companies, the Neutelligent Florida
hosting centre will operate as a wholly owned
subsidiary under the Hostway brand and will
offer medium to large companies new options
in dedicated servers, co-location services,
and complex hosting products.
The Neutelligent deal means that all customers
of the Tampa hosting centre can place their
servers in any of Hostway’s six global
locations, including Sydney. It also quickens
the pace of Hostway’s strategic push into
the enterprise hosting market, adding to its
client base the Florida facility’s 2,000
dedicated and co-located servers.
Lucas Roh, CEO of Hostway Corporation, said,
"We sought out Neutelligent and NetNation
because of their long standing reputation for
providing customers top-notch hosting services.
They have outstanding credentials and experience,
and share deep dedication to customers, which
makes it a perfect fit with Hostway.”
Hostway has compiled a successful record of
integrating acquired companies smoothly and
delivering superior service to customers of
these companies. Last year, it successfully
integrated UK-based Iarna, a leading UK hosting
company, into its operations.
"These deals positions us to better serve
our and are further steps in executing our strategy
of becoming a total global hosting provider
that is dedicated to providing the best hosting
services to business customers everywhere,“
Mr Roh added.
Staying consistent with its global expansion
strategy, Hostway has offices in US, UK, Netherlands,
Australia, Korea, and Canada and is now servicing
approximately 300,000 customers globally.
NetNation is a registered trademark of NetNation
Communications, Inc. and DomainPeople is a trademark
of DomainPeople, Inc. All other products and
company names are the trademarks or registered
trademarks of their respective owners.
For more information on Hostway Corporation
please contact:
Terri Stewart-Williams
Hostway Corporation
terri@hostway.com.au
Tel: 02 9922 6300
David Bass/Jo Balfour
LEWIS PR
davidb@lewispr.com/joanneb@lewispr.com
Tel: 02 9901 4235
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