06/11/2002: Invite Internet, Inc. Shared Hosting Unit Acquired by BizLand, Inc.
Invite Internet, Inc. Shared Hosting Unit Acquired by BizLand, Inc.
DENVER, June 11, 2002-- Denver-based Web hosting firm Invite Internet, Inc. today announced the sale of its shared-server-Web hosting unit to Burlington, MA-based BizLand, Inc. Terms of the transaction were not disclosed.
Following the sale, Invite Internet said it will now focus on the Private Server and Dedicated Server markets. The sale includes only the shared-server-small business Web hosting unit of Invite Internet.
Invite Internet's President and Founder, Rainey Schuyler said, "The sale of our shared-server client base allows us to streamline our business model. Invite is now focused on Private and Dedicated Server solutions. The timing of this deal coincides perfectly with the recent deployment of our Instant Private Server product line."
The response to Invite's Instant Private Server technology has far exceeded expectations, allowing the company to release its highly sought after shared-server client base to one of its respected competitors. Invite Internet will now target primarily resellers, Web hosting firms, and operators of resource intensive websites seeking the utmost reliability, performance and security that only Private and Dedicated Server solutions can offer.
About Invite Internet, Inc. Invite Internet, Inc. (www.Invite.net), located in Denver, CO, USA is an international source for hosting solutions and domain services. Privately held since inception in 1998, Invite Internet specializes in Private Server and Dedicated Server solutions, managing thousands of website accounts for individual consumers and businesses in over 60 countries worldwide. In Feb 2002, Invite Internet was rated eighth (8th) among over 10,000 Web hosting providers by respected Web hosting directory TopHosts.com.
About BizLand.com Massachusetts-based BizLand Inc. (www.BizLand.com), is a leading provider of online resources for small businesses and a leading vendor of private-labeled Web sites for larger enterprises. Serving more than 100,000 small business members, BizLand offers a complete array of Web-based services ranging from Web hosting to e-commerce storefronts to online promotional tools.
Invite Contact: Email: pr@invite.net Web: www.Invite.net
BizLand Contact: Email: jmccarthy@bizland-inc.com Web: www.bizland.com
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