U.S. NetworX Makes Strategic Acquisition [December 14, 2004]

Jackson, MS, December 14, 2004 – U.S. NetworX has acquired the operations and client base of Turnkey Hosting, a website development and hosting company headquartered in Louisville, Kentucky. Terms of the transaction were not disclosed.

Turnkey will be operated as a distinct unit of U.S. NetworX, maintaining its own identity and market niche. “We’ve always focused on helping retail businesses sell their products online,” said Michael Thomas of Turnkey Hosting. “We believe our retail clients will benefit greatly from U.S. NetworX’s other product offerings, like website security, search engine placement, and Internet access.”

David Crawford, CEO of U.S. NetworX, believes the acquisition further solidifies the company’s leadership in e-business services. “Acquiring such a well-established company as Turnkey Hosting allows us to strengthen our revenue base and service offerings, and positions us for significant market growth,” he said. “The acquisition constitutes a logical, strategic extension of our capabilities as we continue to deliver the best e-commerce website solutions available anywhere.”

U.S. NetworX is a provider of e-business services such as website design, maintenance, and hosting, databases, intranets, website marketing, and dedicated servers, as well as nationwide Internet access. Their website is located at www.usnx.com, and they presently have clients in 37 states and several foreign countries.

For More Details: http://www.usnx.com