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NEOSPIRE, PARENT COMPANY OF HOSTGLOBE
ANNOUNCES A RECORD THIRD QUARTER
AS IT CONTINUES ITS PROFITABILITY
DALLAS (October 24, 2002)
NeoSpire, Inc., a leading provider of Managed Hosting Services,
announced today that the Company achieved record revenue and EBITDA growth
for the third quarter ended 09/30/02. The Company's revenues grew 38% over
the same period in 2001.
"Our third quarter shows that we can continue to produce well in a
very flat business environment." Said Derek Wilson, CEO and
Co-founder. "Our growing reputation for high quality services, our
financial stability and the consistency in our business model has allowed
us to attract some very noteworthy customers including Loews Cineplex and
CB Richard Ellis."
"Our employees continue to surpass customer expectations and strive
to provide the highest quality managed hosting services in the market
place." Said Mitch Gervis, President and Co-founder. "In order
to further increase the quality of the customer experience we are
initiating new and innovative customer service techniques to wrap around
our STAR support model."
About NeoSpire
NeoSpire
provides the highest quality managed hosting services to middle market
companies. Since 1997, NeoSpire's experienced team and state-of-the-art
data center has allowed enterprises to outsource the deployment,
configuration, management, and support of their Web sites and Internet
applications in a rapid, cost-effective manner. Recognized by the Cox
School of Business and the Dallas Business Journal as one of the 50
fastest growing firms in Dallas, NeoSpire provides more than 1,500
customers an outsourcing solution for the hosting, support, and management
of multi-layered Web, application, and database servers. For more
information, visit the company's web site at www.neospire.net.
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