ISERV TECHNOLOGY GROUP ACQUIRES CUSTOMERS OF 1010INTERNET
Deal Expands Iserv's Presence in Northwest Michigan
GRAND RAPIDS, MI - March 8, 2005 - The Iserv Technology Group (ITG) today announced it has acquired the Northwestern Michigan customers of Scottville, Mich.-based 1010internet (www.1010internet.com).
The acquisition was done through ITG's Iserv operating company, one of the largest independent ISPs (Internet Service Providers) in Michigan. Terms of the transaction were not disclosed.
The agreement provides Iserv with 1010internet's current customer base in the cities of Ludington, Scottville, Manistee, Bear Lake and Custer. Customers with questions are encouraged to contact Iserv customer service at 1.888.64.ISERV.
"We are pleased to welcome 1010internet into the growing Iserv network," said Victor Shepherd, chief executive officer of ITG. "We believe 1010internet customers will feel at home with us and our approach to service and support."
As a result of the acquisition, 1010internet customers will become part of the Iserv network and have access to cutting-edge products and services, as well as a comprehensive selection of flexible connectivity packages. The acquisition also gives Iserv (www.iserv.net) an expanded presence in Northwest Michigan.
"Iserv is well-known as a first-rate, highly responsive Internet service provider, and we expect a seamless and very positive transition for our 1010internet dial-up customers," said John Bailey, President of 1010internet. "They will now have access to a wide range of connectivity products backed by outstanding support."
This is the second 1010internet acquisition for ITG. In June 2004, the Company acquired the eastern Michigan-area 1010internet customers in the cities of Bad Axe, Bay City, Ubly, Standish and the surrounding areas.
About The Iserv Technology Group
The Iserv Technology Group (ITG) was formed to focus on finding and acquiring established companies, primarily in technology and telecommunications, which require additional resources to realize their full potential. Independently funded by West Michigan investors, ITG primarily seeks Midwest organizations with mature business models capable of benefiting from the Company’s unique expertise in turn-around management, technology and customer service. For more information, visit www.iservgroup.com.
About The Iserv Co.
Since its beginnings in 1995 as a local ISP, the Iserv Company (www.iserv.net) has grown rapidly as it has expanded the services it provides. Iserv’s Tier 1 Data Center is one of the leading facilities of its kind in North America, with redundant and reliable networks, and engineering and design expertise. Iserv’s service offerings include Internet and Network Access (Dial-up, Accelerated Dial-up, Cable, ISDN, DSL, Dedicated Lines, Virtual Private Networks), Data Center Services (Website Hosting, Server Hosting, Application Hosting, Virtual Mail Server), and Website Design and Development.
About Online Technologies
Online Technologies Corporation (OTC) was incorporated in 1994 as one of Michigan's first providers of Internet services. OTC's mission has always been to help business in the Great Lakes region "get the net". Over its 10 year history, OTC has built a complete line of abilities including multiple first-class data centers; web-based development; managed services and advisory services. These abilities combined with our “win-win or no deal” approach enables OTC to uniquely help small and medium sized businesses build successful online communities and scalable and secure internet applications (ASP). For more information, visit www.onlinetech.net.
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