Sitestar Acquires Jellico.Net, Inc. Internet Customers
August 04 2010 - 6:00AM
Marketwired
Sitestar Corporation (OTCBB: SYTE), a holding company for
technology related businesses, announced today that it has
purchased the Internet access customer base and assets of
Tennessee's Jellico.Net. The acquisition further increases the
company's dial-up and Digital Subscriber Line (DSL) Internet
customer base in the state of Tennessee.
"This is the second acquisition of a company headquartered in
Tennessee," said Frank R. Erhartic, Jr., CEO for Sitestar. "We can
move these new customers onto our existing network, generate
economies of scale and provide them with exceptional service."
Jellico.Net's 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. "We welcome the former
Jellico.Net customers to Sitestar and pledge to deliver outstanding
service and support," added Mr. Erhartic.
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements that are
based on management's expectations, estimates, projections and
assumptions. The Company assumes no obligation except as required
by law to update the forward-looking statements contained in this
press release as a result of new information or future events or
developments. These forward-looking statements generally can be
identified by words such as "believes," "expects," "projects,"
"anticipates," "foresees," "forecasts," "estimates," "should" or
other words or phrases of similar import. Forward-looking
statements are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995, as amended. These
statements are not guarantees of future performance and involve
certain risks and uncertainties, which are difficult to predict.
Therefore, actual future results and trends may differ materially
from what is forecast in forward-looking statements due to a
variety of factors, including and without limitation, as found in
the Company's reports filed with the Securities and Exchange
Commission.
About Sitestar Sitestar is a holding
company for technology related businesses, including Internet
Service Providers (ISPs) and computer sales and services. Sitestar
offers consumer and business-grade Internet access, web hosting and
computer related services. Other services offered are wholesale
managed modem and call center services for downstream ISPs.
Headquartered in Lynchburg, Virginia, Sitestar maintains multiple
sites of operation and provides services to customers throughout
the U.S. and Canada. With a focus on competitive pricing,
reliability, service and speed, Sitestar delivers customer value.
Visit www.sitestar.com.
Contact: Frank R. Erhartic, Jr. 434-239-4272 Email
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