Mississauga, Canada – (The Hosting News) – July 6, 2006 – Web hosting company, Hostopia, has filed a Registration Statement on Form S-1 with the U.S. Securities and Exchange Commission and a preliminary prospectus with the securities regulatory authorities in each of the provinces and territories of Canada, in connection with the initial public offering of its common shares.
The underwriting for the offering will be led by RBC Capital Markets. A copy of the preliminary prospectus filed in Canada is available on SEDAR and the registration statement filed in the United States on EDGAR.
Hostopia develops, manages, and distributes Internet applications used by small and medium sized businesses, including web site hosting, managed email, ecommerce, and other online business applications. Hostopia sells its services on a wholesale basis to communications services providers such as telecommunications and cable companies, Internet service providers, domain registrars, and web hosting companies who, in turn, resell Hostopia’s services under their own brand to small-medium sized business customers.
A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission and a preliminary prospectus with the securities regulatory authorities in Canada but has not yet become final. The securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective or a final prospectus is filed and receipted.
To learn more, please visit: www.hostopia.com.