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Press ReleaseGlobat.com Acquires Web Hosting Provider NewistaPerformance Hosting Leader Widens Product Spectrum With New AcquisitionLOS ANGELES, Aug. 15, 2007 -- Los Angeles-based Globat.com(R), the world-leader in Performance Web Hosting(R), today announced that it has acquired virtually all assets of California-based Web hosting company Newista (http://www.newista.com). Terms of the transaction were not disclosed."Newista has been very successful in the hosting industry since 2003 and is known for intensely focusing on personalized customer service. Customer experience has also always been Globat's #1 priority," said Globat's CEO Ben R. Neumann. "It was a natural fit. The combined strengths of both companies will allow us to offer an even wider range of web hosting choices along with nearly unprecedented customer care." The acquisition enables Globat.com to begin offering multiple Web hosting platforms, including the popular cPanel(TM) and Plesk(TM) to its customers. It also strengthens the company's stronghold in the industry, and its growing visibility among more experienced Web hosting consumers. George Hubert, President of Newista.com, states, "We're extremely excited to become part of the Globat.com family. We're proud of our offerings and have long had a strong footing in the industry. Together with the reach and resources of Globat.com, we're going to get even stronger." Information about Globat.com, and the company's services and packages, is available at http://www.globat.com, by calling 877-2-GLOBAT, or contacting their media representatives. About Globat, LLC Founded in 2001, Globat, LLC (http://www.globat.com) is one of the most established Web hosting companies in the United States, offering affordable, quality Web hosting solutions to nearly 100,000 customers worldwide. Globat.com founder Ben R. Neumann, a two-time Ernst & Young Entrepreneur of the Year(R) award nominee, is a pioneer of the budget Web hosting industry since his start in 1994, when he founded Icom.com, which was sold in 1998. The company is privately held and headquartered in Los Angeles, California. Globat, Globat.com and the Globat.com logo are registered trademarks of Globat, LLC. All other company names may be trademarks of the respective companies with which they are associated. Media Contact: Edward Gaa PH 323-874-9000 ext. 252 prdept@globat.com http://www.globat.com |
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