Dover, Delaware – (The Hosting News) – June 13, 2008 –
Web hosting solutions firm, HostMySite, Inc., is welcoming Governor Ruth Ann Minner, in a visit to celebrate the Internet technology company’s continued expansion of its operations in Delaware.
Around 75 new high-wage jobs will be created over the next three years, following the move into new international corporate headquarters in Newark, Delaware earlier this year.
Governor Ruth Ann Minner noted, ”’HostMySite.com’s confidence in the state of Delaware and our partnership with the company is a testament to my Administration’s dedication to growing our technology-based industries. I am extremely pleased that HostMySite.com continues to choose Delaware as the perfect location to expand.”
The Delaware Economic Development Office awarded HostMySite.com a Strategic Fund Grant in the amount of $274,000 for the purchase of three new generators required for the company’s data center expansion. HostMySite.com provides highly scalable hosting solutions including managed hosting, dedicated hosting, virtual private servers, and shared hosting. The investment will generate an additional $3.5 million, bringing the company’s total economic impact to more than $16.5 million annually.
Judy McKinney-Cherry, Director of DEDO remarked, ”At the Delaware Economic Development Office, part of our job is to recognize entrepreneurial efforts and assist gazelle firms like HostMySite.com become more successful. As a company that has already experienced exceptional growth, HostMySite.com is expected to provide a significant return on investment for the State.”
HostMySite.com.com was founded in 1997 and has grown from a two-man operation, to one of the top web hosting companies, serving more than 60,000 customers in 130 countries. When HostMySite.com applied for the Strategic Fund Grant, the company employed 165 professionals. Just a few months later, they now employ 250 professionals. It is recognized by Delaware Today as one of the ‘Great Places to Work’ and by INC. 500 lists as one of the fastest growing privately held companies in the United States.
Lou Honick, Founder and Chief Strategy Officer of HostMySite.com commented, ”HostMySite.com is honored to be recognized by Governor Minner for our contribution to the Delaware economy. It is a tribute to the entire HostMySite.com team who has worked to grow our operations exponentially over the past few years. Judy McKinney-Cherry and her staff at DEDO have created a great win-win situation with this investment in future job growth for the state. We applaud her efforts and look forward to continued economic expansion.”
In the past year, HostMySite.com.com has provided customers with an upgraded call center, a new hosting control panel, and the build out of an additional state-of-the-art data center. Last week, the company also announced it was acquired by Wachovia Capital Partners, the private equity investing arm of Wachovia Corporation, the fourth largest bank holding company in the U.S. With the backing of a strong financial partner, the company will continue to grow as a leading managed web hosting company.
The Delaware Economic Development Office is an executive state of Delaware agency responsible for attracting new investors and businesses to the state, promoting the expansion of existing industry, assisting small and minority-owned businesses, promoting and developing tourism and creating new and improved employment opportunities for all citizens of the State.
With a combination of sophisticated hosting technology and applied business knowledge, HostMySite.com.com provides individuals, small businesses, and large corporations with affordable managed dedicated servers, VPS, and shared web hosting solutions.
The solutions are supported by HostMySite.com.com’s commitment to customer satisfaction, through the development of long-term customer relationships based on trust, integrity, quality, and business solutions designed to produce the greatest total value. The company’s award-winning customer service includes 24x7x365 live support through toll-free telephone, email, and live online chat.
To learn more about The Delaware Economic Development Office, please visit: dedo.delaware.gov.
For more information about HostMySite.com, please visit: www.hostmysite.com.