NEOSPIRE MANAGED HOSTING ANNOUNCES RECORD 2005 RESULTS

DALLAS, TX (March 31, 2006)

NeoSpire, a Dallas-based global provider of managed hosting services, announced that it achieved both record revenues and EBITDA for the FYE 2005. The company managed to continue the string of consecutive quarters of cash-flow positive results, which now stands at fifteen consecutive quarters dating back to the second quarter of 2002.

NeoSpire achieved significant growth milestones in 2005 as well as solidifying our position as a leader in the managed hosting space, Said Mitch Gervis, President and CEO. Our impressive growth is attributed to the commitment of the NeoSpire team. They have continued to exceed expectations of our existing customers and have succeeded in attracting new customers including the Dallas Cowboys, Univision Radio, J. Walter Thompson and Time Out New York as well as many other customers who also share the need for mission critical managed hosting.

With regards to 2006, Gervis added that the prospects for the next year look very strong, The key to our success is in our complete dedication to our customers and ensuring that they receive the highest level of managed hosting services. We are excited about the prospects for 2006 and anticipate continued growth and new customer relationships. NeoSpire has and will continue to set the bar for the most comprehensive managed hosting solution in the industry. Our customers expect us to act as their eyes and ears for their web presence, 24x7x365 and we always deliver.

About NeoSpire

NeoSpire Inc. is a premier provider of full-service managed hosting solutions for organizations that demand 100% uptime. Since 1999, NeoSpire has been providing the infrastructure, security, expertise and customer service required by clients that rely on Web sites and Web-based applications to generate revenue and continuously communicate with customers, suppliers and the public. NeoSpire’s managed hosting offerings incorporate the latest technology advances into flexible platforms that are scalable to any organization.

For press contacts and interviews, contact NeoSpire Marketing department at (214) 468-0768, or via e-mail at marketing@neospire.net