Madera, California – (The Hosting News) – October 22, 2008 – Provider of shared, reseller, and dedicated hosting solutions, AptHost Communications USA Inc., has entered an agreement with Rancho Santa Monica Developments Inc. (RSMD), under which RSMD will acquire the AptHost privately held social media hosting company.
Terms of the agreement were not announced. As a result of the acquisition, Rancho Santa Monica Developments has announced an offering of shares at $0.50 a share. For each share, the holder will get one warrant for $0.50 a share, good for 2 years. Further information, regarding the acquisition will be posted shortly.
AptHost.com, is a strategic addition to the Rancho Santa Monica Developments business. The acquisition will extend Rancho Santa Monica Developments into the ever-growing web hosting and technology industry. AptHost.com has seen an expansive growth in the hosting industry by providing a unique service that gives clients the capability to upload and stream videos on their website. Special software installed and managed by AptHost.com allow scripts such as PHPmotion and Clip-Share to run flawlessly, allowing website owners to have a website similar to YouTube.
Brian French, President and Founder of AptHost.com remarked, ”This is an exciting milestone for our company, and we look forward in scaling our growth with Rancho Santa Monica Developments. With Rancho Santa Monica Developments we intend to build on top our incredible growth in the industry which we can attribute to our specialty hosting. Rancho Santa Monica Developments expertise and knowledge make it an ideal partner for AptHost.com. Our combined teams will create exciting growth opportunities for our company and customers.”
Since it’s inception in 2001, AptHost.com has serviced thousands of clients worldwide and has experienced a steady increase of growth particularly since it first introduced FFmpeg hosting to the Shared Hosting market. FFmpeg is a collection of software that can record, convert and stream digital audio and video over the Internet. It is the combination of FFmpeg and other innovative technology that has allowed AptHost.com to become what it is today, a widely known leader in the hosting industry as providers of FFmpeg and Social Media Hosting.
Mr. French added, ”With social media and video sharing taking the internet by storm, I would expect to see dramatic growth in the coming years. Companies such as CBS Networks, FOX, and NBC have just begun to offer full programming such as the new 90210 series on YouTube and other media sites; the trends are changing quickly and the demand for high quality and fast video hosting for the masses is increasing dramatically. Media sites will soon own a large percentage of the programming markets. Successful hosting of these types of media will come down to the companies that can offer the best support and service for this exploding market.”
Rancho Santa Monica Developments intends to raise capital to enhance advertising and continue development of industry leading technology as it relates to the support and hosting of FFmpeg powered Social Media websites. Rancho Santa Monica Developments also intends to work with the AptHost.com team to develop other technologies and applications. With the growing video hosting market, the company has discovered an important niche for which they built their foundation and are now in the process of growing into other hosting markets.
Mr. French added, ”We are using innovation to give us an edge in maintaining our stance as a leader in the hosting industry.”
AptHost.com plans to grow and develop its product line for many years to come with the coming addition of Tomcat Hosting and other technology, unique to the hosting industry. Tomcat allows for a Java hosting environment, giving website owners the opportunity to create their own Java applications with the necessary tools, configuration and management needed to run them. With the addition of Tomcat, AptHost.com is testing new technology and In-house software which has yet to be announced.
Founded in 2004, Rancho is a US Public Company with ticker symbol RSDV. We are a diversified development company based in Madera, CA.
Founded in 2001, AptHost.com started by offering Linux-Based Shared Web Hosting and grew to offer a comprehensive level of hosting products for consumers and businesses worldwide.
To learn more, please visit: www.apthost.com.