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| Hostway Continues Global Expansion With New Office in Australia |
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Chicago - April 4, 2003 - Hostway Corporation, a global leader in Web hosting services and online business tools, continues rolling out its global expansion strategy with its announced launch...Chicago - April 4, 2003 - Hostway Corporation, a global leader in Web hosting services and online business tools, continues rolling out its global expansion strategy with its announced launch today of a new, full-service Web Hosting Center in Sydney, Australia. Adding to Hostwayís current offices in the US, UK, Netherlands and Korea, the new Sydney office expands the companyís presence to four continents. Hostwayís global growth strategy calls for opening offices in countries that have robust Internet economies and thriving small- to mid-sized enterprises. ìWeíre proving itís possible, even in the current economic climate, to operate a successul, global technology business,î said Lucas Roh, CEO and founder of Hostway. ìWe are fast becoming one of worldís premier information technology companies.î Roh explained that Australia and the Asia Pacific region are integral to Hostwayís international strategy, noting the country offers a sophisticated market and a high concentration of small and mid-sized enterprises, which are Hostwayís target customers. The Australia Web Hosting Center, manned by local staff, provides a full set of Web hosting products and services, including domain name registration, shared hosting and dedicated servers. The first Hostway Web Hosting Center outside of the US opened in 2000 in Seoul, Korea. The United Kingdom Hosting Center opened in 2001. Last year, Hostway opened a Web Hosting Center in Amsterdam, The Netherlands, expanding its presence into a strategically important European market. About Hostway Providing web hosting since1996, the Chicago-based company supports more than 100,000 Web sites worldwide and facilitates millions of dollars in e-commerce transactions each month. Hostway expanded its global reach in 2000 by opening an office in Korea and again in 2001 with the opening of a London office. One of the five largest pure-play Web hosting companies in the world, Hostway is a private company and has posted a profit every quarter since its inception. The company has financed its growth without raising any outside capital. For more information on Hostway Corporation please visit www.hostway.com or
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