Lynchburg, Virginia – (The Hosting News) – April 16, 2008 – Residential and business Internet access, web hosting products and services firm, Sitestar Corporation, has acquired the Internet access customer base and assets of Tennessee’s N2 The Net firm.
The acquisition closely follows the Company’s recent purchase of Comcation and is the second transaction in what Sitestar expects to be a year of increased deal flow and growth in new, opportunistic market segments.
Frank R. Erhartic, Jr., CEO for Sitestar noted, ”N2 The Net’s narrowband and broadband customer base fits squarely into Sitestar’s acquisition sweet-spot where our economies of scale and value-added service offerings enable us to generate stronger margins and retain customers longer than smaller ISPs can. We are encouraged by our progress so far in 2008 and anticipate closing more opportunities by leveraging our increased cash flow to capitalize upon the current economic climate.”
N2 The Net customers can look forward to an easy transition, access to additional services such as Surfboost Web Accelerator as well as other benefits including advanced spam filtering, extremely reliable network uptime and extended support hours, along with Sitestar’s friendly, personal support.
Mr. Erhartic added, ”We welcome the former N2 The Net customers to Sitestar and pledge to deliver outstanding service and support.”
Sitestar is an Internet and computer solutions provider that offers narrow-band (dial-up) services and broadband Internet access services (ISDN, DSL, satellite, cable and wireless), web hosting and design, and other value-added services including web acceleration, spam and virus filtering as well as spyware protection. Headquartered in Lynchburg, Virginia, Sitestar maintains multiple sites of operation and provides services to customers throughout the U.S. and Canada, with concentrations of customers in the Mid-Atlantic and Rocky Mountain regions in the U.S. and in Ontario, Canada.
To learn more, please visit: www.sitestar.com.