IPOWER Reaches Milestone of 400,000 Customers

Company sees upward sales trend continuing through 2006 and beyond

HostReview.com
Monday, March 20, 2006; 12:12 PM

IPOWER, Inc., (www.ipower.com) a leading web site hosting provider for small businesses, announced today that its customer numbers, which have exploded in recent months, have reached a total of 400,000 customer accounts. Due to an innovative business development strategy and burgeoning consumer demand, IPOWER has been able to significantly increase its sales numbers each month and expects to obtain half a million customers in the upcoming months.

“Our sales levels are considerably higher than last year,” said T. Griffin Conrad, EVP and VP of Marketing for IPOWER. “We have found a solid formula for success that I know will propel our growth for a long time to come.”

IPOWER, founded in October 2001, is one of the fastest-growing companies in the web hosting industry, due in a large part to its simple, fast, do-it-yourself solutions for small businesses. The company has experienced double-digit revenue growth annually since its inception. Its growth has also been fueled by its ability to adapt to the ever-growing needs of the Internet marketplace by allowing for additional segmentation of its markets, helping the company to deliver new products and product enhancements tailored directly to user needs.

IPOWER plans for the future include devoting additional resources to the development of a “we do it for you,” more consultative approach in order to address the needs of small- and midsized-business customers and partners. “Controlling enterprise operating costs is becoming a bigger issue every single day,” said Thomas Gorny, CEO of IPOWER. Citing a recent Gartner survey that ranks controlling enterprise operating costs as the second largest business and technology priority by 1,400 CIOs in 20061, Gorny said, “We believe IPOWER is ready to help companies address enterprise operating costs with its SBS services product line. We have always developed our products and services based on listening to what people need, and are committed to servicing the needs of end users and of our clients.”

Additional information about IPOWER or its services is available at www.ipower.com.