Sitestar Purchases AlaNet Assets

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Acquired the dial-up subscriber and web hosting customer base.



Sitestar Corporation, a provider of web hosting services, announced that it has acquired the dial-up subscriber and web hosting customer base and other assets of AlaNet Internet Services.

According to the company, the deal is the third acquisition Sitestar has consummated in 2007 as the company continues to execute its plan to increase its customer base, revenues and net profits.

"We are dedicated to taking Sitestar to the next level by acquiring more ISPs and expanding our focus to include other growth segments and initiatives to further increase the company's revenues," said Frank R. Erhartic, Jr., CEO for Sitestar. "Based upon our progress and performance to date, Sitestar is securely on track to meet its corporate goals and objectives. Moreover, both the depth of our opportunity pipeline and the resounding receptiveness of business owners to a S -- This message may have been cut off and the rest will only be shown to members. To become a member, click here --