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110 Media Recipient of Hostreview.com 's 2006 Third-Fastest Growing Web Hosting Provider Award
27 June 2006 110 Media Group (OTC Bulletin Board: ONTN) was named the third-fastest growing web hosting provider. The Company was ranked tenth as "best managed" Internet hosting provider according to Hostreview.com.
The Fastest Growing awards, presented by Hostreview.com, are intended to showcase fast-moving companies that are increasing quickly in size and prestige. This award places 110 Media among some of the Internet's leaders. Other companies listed in the top ten include Glowpoint, Globix and VoxDomains. ( http://www.hostreview.com/webhostaward/top10fastestgrowingwebhost.html )
110 Media Group, a leading Internet solutions provider, announced last month that they had signed up their 500,000th hosted client website and they are adding between 6,000 and 10,000 new sites monthly.
"The company's unique free hosting program and free basic website tools have enabled it to grow so rapidly. This, in turn, has attracted advertisers and companies wanting to market products and services to them which generate additional revenue," said President and CEO Andre Forde.
110 Media Group was also named as one of the ten best managed Internet hosting providers alongside industry leaders such as EDS, Alpus and SAVVIS.
The Best Managed Hosting Service Awards recognize the companies with the best performance. The criteria are the overall presence of the company and equipment procurement, provisioning and installation, and network monitoring and management capabilities.
"The next five years are going to see a revolution in the World Wide Web. The number of people using the web is going to increase by tens of millions and the amount of business done on the web is going to increase by tens of billions of dollars. We are pleased to be recognized as one of the best- managed, fastest growing companies in this arena," he said.
"What we are doing is empowering anyone, anywhere in the world, to have their own website complete with e-commerce capability, marketing tools, ability to accept online payments, and relationships with advertisers. This is a paradigm shift that will change the world of small businesses as we know it today," Forde added.
About 110 Media Group, Inc.
110 Media Group (OTC Bulletin Board: ONTN) products and services address a significant market gap by providing non-technical business operators of small to medium-sized businesses with all the necessary services needed to migrate their cottage industries to the Internet or to start a new Internet business. 110 Media's Chamber of eCommerce packages provide all the necessary components for a successful online business in just one hour. The Company's integrated friendly, helpful, non-threatening bundle can be easily accessed and managed by low-tech business operators. The company profitably provides all elements basic to any business endeavor in a cost-effective package offered for $19.95 per month with no start-up fees. Clients simply need to add their information and products or services to be in business in as little as an hour without knowing a thing about HTML, Flash, Secure Socket Layers, FTP, or any other technical aspect of creating and running a website.
The company's numerous products are vertically integrated and primed to become the easiest and most innovative Internet utilities since Yahoo! or Google, coupled with the viral rapid marketing growth of such first-to-market leaders as MySpace, MSN Hotmail, ICQ, Blue Mountain Arts and Napster.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact included in this release, including without limitation statements regarding potential future plans and objectives of the Corporation, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Gross turnover could be substantially less in the future due to changes in the law, general economic conditions, or unexpected failure of equipment servicing the accounts. In addition, technical complications which may arise could prevent the prompt implementation of the plans outlined above. Additional Safe Harbor Act Disclaimer Notice is available on the website at http://www.110mediagroup.com .
Source: prnewswire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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