| [Aug
26, 2003] |
Hostway
Continues Growth Strategy With Acquisition of Florida-based
Web Hosting Firm
Chicago - August 26, 2003
Hostway, a global leader in Web hosting services, today
announced its acquisition of Neutelligent, a Tampa-based
Web hosting provider that specializes in dedicated servers
and colocation services. Under the terms of the deal,
Hostway acquired all Neutelligent assets including its
hosting facility, staff and existing customer base.
With this acquisition, Hostway customers gain access to
a new state-of-the-art data center with ample expansion
space. The Florida hosting center will operate as a wholly
owned subsidiary of Hostway Corporation and will offer
medium to large companies new options in dedicated servers,
colocation services, and complex hosting products.
Hostway said Neutelligent customers can expect superior
value and customer support from the combined company.
As one of the five largest hosting companies in the world,
with global offices in the US, the UK, the Netherlands,
Korea, Australia and Canada, Hostway will provide a strong
and stable foundation for Neutelligent to enhance its
offerings and service levels.
The new operation will be integrated into Hostway‚s
existing infrastructure to meet the current and future
needs of its growing global customer base. The acquisition
immediately enables all customers of the Tampa hosting
center to place their servers in any of Hostway‚s
six global locations.
Hostway has compiled a successful record of integrating
acquired companies smoothly and delivering superior service
to customers of these companies. Hostway recently acquired
GlobalHost in Australia and NetNations in Canada. Last
year, it successfully integrated UK-based Iarna, a leading
UK hosting company, into its operations.
"This deal positions us to better serve our enterprise-level
customers who are a very important segment of our customer
base," said Lucas Roh, President and CEO of Hostway.
"It is yet another step in executing our strategy
of becoming a total global hosting provider that is dedicated
to providing the best hosting services to business customers
everywhere."
The deal further 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 colocated servers.
Current customers of the Florida operation include Fox
News, the number one cable news network in the nation,
and the Tampa Bay Lightning, a National Hockey League
team.
Martin Quessenberry of Tampa Bay Lightning added, "The
Tampa Bay Lightning have partnered with Neutelligent for
the past three seasons with our hosting and video streaming
services. The service, support, and relationship that
we have created has been top-notch. Now that Neutelligent
is with Hostway, I expect even better service. I recommend
Neutelligent to any company looking for reliable services,
especially if you require high bandwidth hosting.".
About Hostway
Hostway is the fifth largest Web hosting company in
the world and is a global leader in providing reliable,
hassle-free services that help businesses and individuals
quickly and inexpensively leverage the power of the
Internet.
Providing award-winning Web hosting services since 1998,
Hostway Corporation quickly established itself as a
pioneer in the industry with superior services and unmatched
customer service. Today, the company supports more than
100,000 Web sites worldwide with state-of-the-art hosting
technology and innovative online tools that help facilitate
millions of dollars in ecommerce transactions each month.
Hostway has steadily expanded its global reach during
the last three years with offices in Korea, Europe,
Australia and Canada.
For more information about Hostway Corporation, please
visit www.hostway.com
or call 1-888-290-5170.
Contact: pr@hostway.com
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