Hosting Park

Web hosting Blog - Englewood, COLORADO – Latisys, a provider of colocation, managed hosting, managed services and disaster recovery solutions, today announced it has been selected by leading Web hosting provider Lunarpages to provide data center colocation and managed IT services.

For more than a decade, Lunarpages has focused on providing affordable and reliable hosting for over 150,000 satisfied customers – ranging from individuals and small businesses to Fortune 100 corporations. Customer growth, as well as broader use of high-density applications, drove Lunarpages’ need for a provider that could deliver outsourced, scalable IT infrastructure management services.

"We consider our data center partner to be a critical part of the Lunarpages team, which is why we invest in only the best,” said George Natzic, Chief Operating Officer at Lunarpages. “By turning to Latisys, our customers will benefit from a SAS70 compliant infrastructure and continuous uptime. At the same time, we have assurance and peace of mind that our IT environment is secure.”

Lunarpages selected Latisys and its Irvine data center facility for its ability to provide:

· High-density colocation services – LatisysHD (Latisys’ high-density colocation services) in the firm’s SAS70 Type II certified Irvine, California data center facility (delivering 225 watts of power per square foot) can support customers’ increasingly high-performance computing and application requirements. LatisysHD is available in all Latisys locations including Denver, Colorado and Chicago, Illinois.

· Maximum uptime – Latisys data center facilities are engineered with the highest level of redundant systems to deliver a 99.999% uptime Service Level Agreement.

· Managed security – Latisys’ comprehensive suite of managed security solutions (firewall, intrusion detection, VPN, virus-filtering) ensures that the customer’s colocated or managed hosting environment is fully secure.

· Power and cooling – With N+1 cooling and power infrastructure, Latisys’ data center facilities have been designed to scale and meet power and cooling requirements in both the short and long term.

· Compelling pricing – Latisys employs a flexible approach with customers for managing their IT infrastructure in the most cost effective manner.

“Because Lunarpages prides itself on offering customers uncompromised security, management, pricing, and services, selecting a data center partner that enabled the firm to execute on this mission was paramount,” said Don Goodwin, executive vice president, Latisys. “We are excited to begin this new relationship with Lunarpages, and that our Latisys HD data center services and related managed services offering continue to resonate with leading Web hosting providers.”

About Latisys
Latisys is a leading provider of colocation, managed hosting, managed services and disaster recovery solutions to all small and medium-sized businesses and enterprise customers. With a heritage serving business customers since 1994, and multiple high density, SAS70 Type II certified data centers across the United States, Latisys offers scalable outsourced IT infrastructure management solutions that provide customers what they need, when they need it. As a data center-centric company, Latisys is quickly becoming the hosting company of choice for companies that demand more from their IT infrastructure partner. All while optimizing clients’ return on investment. All while ‘delivering more_’. Call 1-888-423-3477 or visit www.latisys.com for additional information.

About Lunarpages
Founded in 1998, Lunarpages is a leading provider of affordable, shared and dedicated Web hosting services worldwide. The privately held company is recognized for its unparalleled customer service, reliability, and quality that helps meet the diverse needs of its more than 150,000 sites. Lunarpages also gives back to the community by offering free Web hosting for qualified schools. Lunarpages is headquartered in Anaheim, CA, and may be found online at www.lunarpages.com.

Discuss, review, rate and learn more about Web hosting Providers at HostDiscussion.com.

Web hosting Blog - MINNEAPOLIS - VISI, a leading data center services and managed hosting provider, today announced its entry into the public cloud computing services business with the launch of the public beta of its ReliaCloud™ service.

“After many months of preparation, we’re proud to take the covers off a cloud computing service we specifically designed to be more reliable than the commodity providers in the market,” said Jason Baker, CTO of VISI. “We didn’t want customers to have to re-architect their solutions just to work reliably in the cloud. We knew they wanted enterprise-grade security and peace of mind.”

Baker said other goals in designing the service were elasticity and affordability. “We wanted customers to be able to scale from 10 servers to 100 servers, and back down again. And we wanted them to have the option of doing this programmatically via an API.” On the final goal, affordability, Baker said, “We made our pricing transparent. What you get for our competitive price – starting at 5 cents per server hour – is a slick web management portal, high availability, load balancing, 24×7x365 support, and a complete API.”

The service is targeted both to IT managers in established, small to midsized firms, and to startup firms that want to take advantage of the significant economic benefits provided by running their servers and applications in the cloud.

“Though there are some large players already in the public cloud computing marketplace, it is still a nascent business, and a rapidly growing one. And there is certainly room for a competitive offering such as ReliaCloud,” said Antonio Piraino, Research Director at Tier 1 Research. His firm has projected that cloud computing services will cross the $1 billion dollar market in 2011.

Business users are invited to apply to be beta testers for the ReliaCloud service by filling out a one-page form at www.reliacloud.com. “Once registered, you can start experiencing pay-as-you-grow, highly available, elastic, enterprise-grade cloud services right away,” said VISI’s Baker.

About ReliaCloud
ReliaCloud™ encompasses a set of highly reliable, secure cloud computing services, the first two of which are Cloud Servers and (coming soon) Cloud Storage. ReliaCloud™ Servers are complete computing environments that you can provision 24 hours-a-day, with full administrator access. Once you register for an account, you can begin building new cloud servers immediately. To learn more about ReliaCloud, follow us on Twitter or Facebook, or visit www.reliacloud.com.

About VISI
Founded in 1994, VISI is the Upper Midwest’s largest locally owned data center services and managed hosting provider, offering cloud computing, colocation, and managed hosting services. VISI serves 10,000 customers with products and services provided through its two world-class SAS 70 Type II data centers, in St. Paul and Eden Prairie, Minnesota. The company provides a full range of robust Web and application hosting services, first-rate Internet services and support, and personal, expert advice.

Discuss, review, rate and learn more about Web hosting Providers at HostDiscussion.com.

Web hosting Blog - Denver, CO – hosting.com, the leading provider of managed hosting, cloud hosting and colocation solutions and a strategic VMware vCloud partner, today announced multiple enhancements to the Cloud Enterprise environment driven by significant market demand. Access to high performance SAN (EMC) storage, increased computer resources (8GB of RAM now 32 and 4vCPU now and support for seven additional operating systems (including RedHat and Windows Datacenter 2008 R2) highlight the enhancements.

Cloud Enterprise customers can now increase their virtual machine resources to 32 GB of RAM and 8 virtual CPUs via the hosting.com portal. Companies deploying demanding applications can use hosting.comís secure cloud solutions for their test, development and production needs.

In addition, Cloud Enterprise customers pushing upper disk i/o rates have the ability to move data to high performance storage on hosting.comís EMC SAN. SAN storage is ideal for customers seeking security, functionality and enterprise-class reliability from the latest storage technologies at mid-market prices.

"Our cloud solutions are frequently used to host robust applications, databases and web servers that require additional resources and storage," noted hosting.com Cloud Product Manager Fred Strelzoff. "Increasingly, hosting.com clients want to migrate their dedicated hosting or colocation solutions into a cloud hosting environment. The support of nine total operating systems eliminates the need to migrate operating systems and makes the migration process less costly and painful."

Last week, hosting.com announced VMware Virtual Machine upload availability for customers to migrate their own virtual machines or VMDK (Virtual Machine Disk Format) files to hosting.comís Cloud Enterprise and Cloud Dedicated solutions. Customers now have the flexibility and portability to move their virtual machines, either from their own environment or another host, into one of hosting.comís Cloud Super Sites.

hosting.comís portfolio of Cloud hosting Solutions include Cloud Enterprise, Cloud Dedicated, Cloud vps, and vCloud Express ñ solutions that reduce costs, improve efficiency and provide extreme flexibility to businesses of all sizes. hosting.com has made significant investments in enterprise-class technologies such as VMware, EMC, Dell, Juniper, F5, and Intel to deliver a robust, standards-based cloud infrastructure to clients demanding unparalleled performance and security.

Operating Systems now supported include Windows 2003 Enterprise 32-Bit and 64-Bit, Windows 2008 Data Center R1 32-Bit, Windows 2008 Data Center R2 64-Bit, Windows 2008 Data Center 64-Bit, Cent OS 32-Bit and 64-Bit, Redhat Enterprise 32-Bit and Redhat Enterprise 64-Bit.

About hosting.com
hosting.com provides enterprise colocation, cloud computing, dedicated hosting, managed hosting, disaster recovery, and business continuance services to a global customer base demanding a high level of security, reliability, and responsiveness. hosting.com monitors, manages, and enhances the Web-based platforms of Web 2.0 companies, software as a service (SaaS) providers, content distribution networks (CDN), and medium to large enterprises whose Web presence is crucial and high availability mandatory.

Discuss, review, rate and learn more about Web hosting Providers at HostDiscussion.com.

Web hosting Blog - SAN ANTONIO – The Rackspace® Cloud, the cloud computing division of Rackspace hosting (NYSE:RAX), today announced the latest addition to Rackspace’s popular Cloud Tools ecosystem. FathomDB, a leader in Database-as-a-Service (DaaS), enables businesses and developers to easily manage their MySQL databases in the cloud. Now built on The Rackspace Cloud’s open, standards-based API, FathomDB provides a seamless database management experience that leverages Cloud Servers and frees users from time-consuming system administration tasks.

FathomDB helped launch the DaaS industry by offering an interactive user interface and analytics engine to support relational databases in the Cloud – initially just using Amazon EC2 and S3, but now by also leveraging The Rackspace Cloud portfolio. Handling many arduous but necessary steps required to run databases, FathomDB offers a range of time-saving features, including automated backups and routine maintenance tasks, powerful analytic tools, real-time monitoring and performance graphs for optimizing code, and easy point-and-click configuration.

FathomDB chose to become a strategic partner with The Rackspace Cloud because of its reputation for Fanatical Support®, its standards-based and open approach to cloud computing, and its focus on simplifying technology.

"Because we’ve always strived to take the pain out of running databases, The Rackspace Cloud was a natural choice for us to team up with. We share the same philosophy of openness and are united in the goal of making cloud computing easy," said Justin Santa Barabara, CEO, FathomDB. "By joining their burgeoning ecosystem, we not only attract new customers through their Cloud Tools website, but we become a part of The Rackspace Cloud family."

“Ensuring that our cloud is reliable and scalable, and delivering a Fanatical Support experience to our customers and partners are primary objectives for us. We support strategic partnerships because they extend the power of our cloud offerings. By working together with FathomDB, as well as the Cassandra open source project, we are simplifying the challenging nature of scaling databases in the cloud. It is through transparent relationships like these that we can solve many customer needs; meanwhile our competitors are trying to solve these problems alone.”

FathomDB was featured as one of VentureBeat’s list of “Ten Y Combinator companies that want to revolutionize social networking, search, databases and anything else you can think of.” The San Francisco-based company is the latest addition to Rackspace’s Cloud Tools ecosystem. Developers can run databases on The Rackspace Cloud using FathomDB for as little as $0.02 per hour. To get started, visit the FathomDB website. For more information on applications that improve productivity on the Rackspace Cloud, visit: http://tools.rackspacecloud.com/.

About The Rackspace Cloud
The Rackspace Cloud provides on-demand scalable website, application and storage hosting backed by Fanatical Support®. Through its suite of cloud solutions, Cloud Sites™, Cloud Files™ and Cloud Servers™, The Rackspace Cloud enables astute developers and IT managers to minimize the hassles, upfront investments and high costs associated with dedicated hardware while offering the ability to easily scale hosting resources. For more information about The Rackspace Cloud, visit www.rackspacecloud.com or call 1-877-934-0409.

About Rackspace hosting
Rackspace hosting is the world’s leader in hosting and cloud computing and is ranked #43 on FORTUNE Magazine’s 100 Best Companies to work for in the United States for 2009. Rackspace provides its customers with Fanatical Support ® in delivering their portfolio of hosted IT services, including Managed hosting, The Rackspace Cloud and Email and Apps. For more information, visit www.rackspace.com.

About FathomDB
FathomDB is a Y Combinator startup and was founded by Justin Santa Barbara in San Francisco, California. It takes the pain out of managing databases, freeing up developers to focus on higher end tasks associated with the cloud. Pricing varies according to server size and disk space required. For more information, please visit www.fathomdb.com.

Discuss, review, rate and learn more about Web hosting Providers at HostDiscussion.com.

Web hosting Blog - United Kingdom - RTW hosting, who have been providing businesses with a range of hosted services since 1994, first came to Node4 looking for a SIP trunking provider to dovetail into their hosted voice platform. Node4’s SIPlink service fitted the bill perfectly. The ability to provide geographic numbers and competitive call rates fitted the customer’s requirements perfectly.

Around six months after their initial SIPlink order, RTW hosting were looking for a colocation facility which could accommodate the business’s next planned phase of growth. It was at this time that Node4 were just completing the final developments on their latest data centre, DC3, in Wakefield, West Yorkshire.

DC3, with space for 450 racks, was just what RTW hosting were looking for in terms of specification including, N+1 air conditioning and generators and an N+N UPS solution, cold aisle containment, up to 32amps dual feed power, and an on-site Network Operations Centre, to run their Roadtowork.com infrastructure. As a result, they placed an order for 3 full racks in DC3 with all the power they needed, moving their equipment in in September of this year. The size and young age of the facility meant that there is the option for RTW hosting to increase their colocation presence with Node4 either within DC3 or across Node4’s other data centre sites in Derby and, by late 2010, Northampton.

Mike Wills, from RTW hosting enthuses about Node4 and DC3; “Before moving to DC3, we were constantly up against restrictions on cooling and power and this was holding back growth. The DC3 data centre ticked all the boxes: The data centre provided us with the very latest security, well laid out and deep cabinets, superb cooling and all the power we needed. As a result, we have now migrated over our primary operations to DC3. With excellent response times from the support team, near immediate remote hands when needed; we have been delighted with the outcome. On the rare occasions when we need to visit site, the train has taken the strain in just a matter of a few hours. The most complicated logistic is the last mile in finding the site for the taxi driver or courier given its naturally discrete physical presence!”

Node4 and RTW hosting are set to continue their working partnership throughout 2010 with a number of new projects in the pipeline.

Shane Dove, Node4’s Sales Manager comments; “We are very pleased to have RTW hosting as a customer and as a partner, utilising our full range of products and solutions which has allowed them to make the most of the technologies available to themselves and their customers.”

Discuss, review, rate and learn more about Web hosting Providers at HostDiscussion.com.

Web hosting Blog - DALLAS - CoreXchange, the fastest growing provider of IT and network infrastructure services, announced the expansion of data center capacity with the launch of its new Dallas data center. Located at 8600 Harry Hines Boulevard, the CoreXchange Connection significantly increases the company’s data center footprint to meet a growing demand for managed colocation infrastructure from existing and new customers.

Customers at the new CoreXchange Connection facility can colocate their servers and applications with the same level of Tier-1 Internet backbone and carrier access, performance, and customer support as those customers in the CoreXchange Dallas Infomart facility. Using CoreXchange’s proprietary bandwidth Pricing Configurator tool, customers can create a network access profile that best meets their requirements from the CoreXchange multi-homed mesh of BGP-routed Tier-1 backbone carriers and cross-connects to all major carriers, including direct connect to the Dallas Equinix facility.

“Offering the highest performing network and service customization, we’ll continue to deliver the best customer solution for the best possible price,” said Julia Morgan, sales executive for CoreXchange. “And with more data center capacity and a growing list of network backbone partners, we’ll have even greater opportunity to create satisfied customers.”

The CoreXchange Connection is located only eight miles from downtown Dallas and two miles from Love Field Airport. Phase I build out of the new facility consists of an initial 20,000 square feet, with planned expansion to 100,000 square feet to meet ongoing customer demand. Half cabinets, full cabinets and customized cage solutions are available.

The CoreXchange Connection features the same enterprise-class level of data center fault tolerance as in the Infomart facility, including redundant UPS, generator, and cooling capacity; 24-hour staffing of the company’s network operations center; and free remote technical support and network-layer managed services.

About CoreXchange, Inc.
CoreXchange comprehensive IT infrastructure solutions include colocation, high performance network connectivity, Internet access, disaster recovery, and business continuance services. Headquartered in the globally recognized Dallas Infomart, and led by a highly experienced team of networking services technologists and executives, CoreXchange provides services at its enterprise-class data centers or at a customer’s remote location, via local loop, metro Ethernet. For more information, visit www.corexchange.com.

Discuss, review, rate and learn more about Web hosting Providers at HostDiscussion.com.

Web hosting Blog - SAN ANTONIO - Rackspace® hosting (NYSE:RAX), the world’s leader in hosting and cloud computing, today announced its cloud based applications division, Rackspace Email & Apps, now hosts more than 1.6 million paid mailboxes across its hosted email offerings, Rackspace Email and Microsoft Exchange. New and existing customers cite best-in-class migration, Fanatical Support® and a robust email platform at an affordable price as the common reasons for choosing Rackspace.

“Businesses shouldn’t have to manage in-house email servers anymore,” said Pat Matthews, general manager, Rackspace Email & Apps. “But email is more mission critical than ever and IT managers need to partner with a company they can trust. Rackspace bridges the gap for companies that don’t want to invest in expensive on-premise systems but still need business-class email and a company that will service them when they need it. The traction we have achieved in a tough economy shows that we have been successful in bridging that gap.”

ReCourses is one such company, which turned to Rackspace after experiencing the problems of managing their own email system in-house. David Baker, founder of ReCourses, a truly global business providing consulting services to the marketing industry, was managing his own email server. But if there was a problem while he was traveling, he had no way to physically get the server back online. David made the decision to move to a hosted email solution, which provided him with the peace of mind he needed to focus on more critical aspects of his business. According to Baker, “Uptime and excellent support were very important factors in my decision. Rackspace has exceeded my expectations in those areas, which gives me confidence that I can conduct my business without worrying about risks such as an outage.”

Bundle City was using the free email service that was bundled with their web hosting package, but they were frustrated with the poor service and lack of features. As an online marketplace, Bundle City relies almost exclusively on email communications to conduct business. For them, speed and reliability of communication was especially important. “Rackspace Email offers advanced features . . . yet it’s still extremely affordable for a small business,” said Bundle City founder, Pez Elias.

Another customer, Thomas Vranas, was in search of a replacement for his company’s legacy POP email system, when he found Rackspace. “The POP email was not conducive to running a mid-sized company,” said Vranas, president of PROACT Search, a premier executive search and management consulting firm. “Things I’d taken for granted in the corporate world, like calendars, sharing, and invites, are necessities.” Rather than build an IT infrastructure from scratch, Vranas chose Rackspace Email due to its flexibility in product offerings, satisfaction-guaranteed uptime, scalability, and access to around-the-clock Fanatical Support.

Rackspace Email features spam and virus protection, a unique and easy-to-use control panel for administrators, large mailbox storage and attachment size, desktop access with Microsoft Outlook, and integration with mobile devices, all backed by Fanatical Support®. Rackspace also offers hosted Microsoft Exchange, as well as a hybrid offering of Microsoft Exchange hosting and Rackspace Email.

About Rackspace hosting
Rackspace hosting is the world’s leader in hosting and cloud computing and is ranked #43 on FORTUNE Magazine’s 100 Best Companies to work for in the United States. The company provides its customers Fanatical Support ® in their portfolio of hosted IT services, including Managed hosting, Cloud Computing and Email and Apps. For more information, visit www.rackspace.com.

Discuss, review, rate and learn more about Web hosting Providers at HostDiscussion.com.

Web hosting Blog - Montreal, Canada – Gogax, a Canadian dedicated server provider is proud to reveal its brand new customer portal offering “total control” to its dedicated server customers using a web based customer management portal.

This new portal offers improvements in the account management functions, support features and extensive server management including detailed bandwidth monitoring, reboots, os reloads and much more. Gogax is proud and excited to offer this long-awaited new customer portal as the old one was lacking in features and was not as scalable. The new portal has been operational for the past two weeks and the positive feedbacks keep pouring in. Customers greatly appreciate this new and powerful tool we are providing them with their servers.

Elazar Cohen, CEO of Gogax, explains "It was time for a refreshing new portal for our customers and the feedback proves it. The new portal offers many new robust features making it very simple for our customers to do tasks such as automated reboots, extensive server monitoring solutions, IP management, server hardware and software management, reverse DNS, kvm over IP functions and much more. We strive for customer satisfaction and I can definitely say that with this new change, it is mission accomplished."

For complete details on the new Gogax Portal and its features, visit: www.gogax.com/servers/cp.php

Discuss, review, rate and learn more about Web hosting Providers at HostDiscussion.com.

Web hosting Blog - Portsmouth, NH – GlobalSign, one of the longest established Certification Authorities (CA) and specialists in SSL Partner Programs, today announced a new partnership with Black Lotus Communications, a leading provider of DDoS protection, managed hosting, and unmanaged dedicated servers. The newly formed partnership will allow Black Lotus to enhance their leading protection solutions by offering GlobalSign’s highly trusted, future proof SSL Certificates.

Since 1999, implementing robust and cost effective DDoS protective solutions has been the foundation of Black Lotus Communications. Black Lotus Communications has since expanded their service portfolio to include everything needed to protect websites, servers, and hosting environments. By adding SSL Certificates to their portfolio, Black Lotus will not only enhance its protection services, but will truly offer customers a one-stop-shop online security service.

Black Lotus sought an SSL provider who could offer highly trusted and reliable SSL Certificates, but at an affordable cost as the company’s business model revolves around delivering high grade solutions at economical prices. Black Lotus chose GlobalSign for the highly trusted range of value add GlobalSign SSL Certificates, and will enjoy the extra benefits of GlobalSign’s integration with the Ubersmith web hosting billing management platform. The Ubersmith integration allows Black Lotus to manage and automate SSL Certificate reselling from the same Ubersmith platform they already use to manage their existing portfolio. Adding the GlobalSign SSL Certificate range to their portfolio will provide Black Lotus an additional revenue stream with a fast time to market.

“Black Lotus needed a partnership with a Certificate Authority who offered strong, future-proof SSL at reasonable prices, and GlobalSign ticked all the boxes,” said Jeff Lyon, President of Black Lotus Communications. “Adding GlobalSign’s SSL Certificates to our protection offerings will allow us to strategically differentiate ourselves and provide immediate one-stop-shop benefits for our valued customer base.”

“We are delighted to add a leading DDoS protection solutions company such as Black Lotus Communications to our portfolio of partners and extend our SSL solutions to an expanded audience,” says Katsuo Chujo, Marketing Director, GlobalSign. “This new partnership, will enable Black Lotus to provide customers with dynamic protection solutions built around the highest levels of trust and security.”

Black Lotus will offer GlobalSign’s feature packed SSL range, including fast issuance Domain Validated SSL, traditional Organization Validated SSL and EV SSL, the newly standardized SSL which activates the green address bar interface in IE, Firefox, Opera, Chrome and Safari browsers. GlobalSign’s SSL Certificates will be included in Black Lotus hosting and server bundle packages. All GlobalSign SSL Certificates are inclusive of Server Gated Cryptography (SGC) (to “step up” weak browser encryption to strong encryption on older browsers) and are issued from the widely distributed 2048 bit GlobalSign Root CA.

For more information about Black Lotus, please visit www.blacklotus.net

For information on GlobalSign’s Partner Program, please visit www.globalsign.com/partners

About Black Lotus Communications
Black Lotus Communications is first and leading in distributed denial-of-service protection solutions. The company was the first to market a commercially viable DDoS protection solution and provides protected hosting services, web proxies, IP tunnels, and the ecologically friendly LotusCloud VM, a dedicated server environment that is 16 times more efficient than its bare metal counterpart.

About GlobalSign
Established in 1996 and as a WebTrust accredited public certificate authority, GlobalSign offers publicly trusted SSL, including EV SSL Certificates, S/MIME and Code Signing Certificates for use on all platforms including mobile devices. Its Trusted Root solution uses the widely distributed GlobalSign Root CA certificates to provide immediate PKI trust for Microsoft CA and enterprise CAs, eliminating the costs associated with using untrusted Root Certificates. Its partnership with Adobe to provide Certified Document Services (CDS) enables secure digitally signed PDF e-documents. These core Digital Certificate solutions allow its thousands of customers to conduct secure online transactions and data transfer, distribute tamper-proof code, and bind identities to client certificates for email security and remote two factor authentication. The company has a history of innovation within the online security market and has offices in the US, UK, Belgium, Japan, and China.

Discuss, review, rate and learn more about Web hosting Providers at HostDiscussion.com.

Web hosting Blog - ALISO VIEJO, CA - Alentus Corporation (PINKSHEETS: ALNS), a leading provider of web hosting solutions including managed services, sharepoint hosting, dedicated servers, Windows and Linux web hosting, and Microsoft exchange email services, today announced that the Company and its senior lender have entered into a Letter of Intent (LOI) which will provide the required flexibility for Alentus to substantially restructure its balance sheet including debt obligations. The Company anticipates completing the restructuring process in the first quarter of 2010.

William King, CEO of Alentus, commented, "We are pleased to enter into this LOI which will allow Alentus to aggressively pursue the renegotiation of our existing debt and result in a debt load that is in line with the Company’s expected free cash flow. It is our belief that this restructuring process, although not guaranteed, will result in the best possible outcome for all the Company’s debt and equity investors and allow us great flexibility to grow our business."

King added, "Assuming a successful restructuring of our debt, the Company anticipates that its current management team will have the necessary resources to accelerate the core business strategy of organic growth and acquisition of new customers."

Alentus has previously reported $6,664,219 in revenue and $451,385 in EBITDA for the trailing twelve months ending September 30, 2009. Interest expense in the same period was $903,607. The Company expects the interest expense to decline significantly after the restructuring.

About Alentus Corporation
Alentus Corporation is a next-generation web hosting and infrastructure company. We are a premier provider for both individuals and businesses looking for website hosting, dedicated servers, virtual private servers (vps), Microsoft Exchange and Sharepoint hosting, IP transit, and collocation.

Discuss, review, rate and learn more about Web hosting Providers at HostDiscussion.com.