LAGUNA NIGUEL, Calif.--()--Alentus Corporation (Pink Sheets:ALNS), a leading provider of Windows web hosting and managed services, is pleased to announce that it has acquired Austin, Texas-based Website Source, Inc. and SpeedFox, Inc., providers of Linux website hosting.
The acquisition immediately adds $2.6M in annual revenue to Alentus’ current long-term profitable operations record and will add an additional ~14,000 clients to Alentus’ already impressive client portfolio. The current Website Source infrastructure is being integrated into the Alentus global, redundant Cisco-powered network, and all Texas staff has been retained.
“This acquisition provides a stable and solid addition of Linux powered web hosting to the Alentus client base. And at the same time, it offers Windows hosting options to Website Source and SpeedFox clients. We are pleased with how the companies complement one another and look forward to growing our client base by offering a more complete menu of website hosting services to the Internet community,” said William King, Alentus Corporation CEO.
Financial details of the cash and stock transaction were not disclosed.
About Website Source and Speedfox, Inc.
Founded in 1998, Website Source and SpeedFox offer Linux-based shared Web site Hosting, Virtual Private Servers (VPS), Dedicated Servers, E-Commerce, and Domain Registration services. WebSite Source operates a Cisco-powered network in downtown Austin, TX and manages over 200 servers.
About Alentus Corporation:
Alentus Corporation is based in Laguna Niguel, California, with Data Center and Network Operations Center facilities in Edmonton, Alberta, Canada and Columbus, Ohio, USA.
The company provides Microsoft Windows and RedHat Linux web hosting, SharePoint Hosting, SQL Hosting, mySQL Hosting, Microsoft Exchange Hosting, and Dedicated Server solutions to thousands of small- to medium-sized companies and customized solutions to larger organizations including many Fortune 500 clients.
Alentus is a Microsoft Gold Certified Partner, RedHat Hosting Partner, and mySQL Partner. http://www.alentus.com
This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, acceptance of the Company's current and future products and services in the marketplace, the ability of the Company to develop effective new products and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
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