Atlantic.Net Acquires Feature Price, Florida-based Web Hosting Service Provider

GAINESVILLE, Fla., May 22, 2003 (BUSINESS WIRE) -- Atlantic.Net (http://www.atlantic.net), Florida's largest private Internet service provider and one of the nation's fastest-growing private companies, today announced it has acquired a customer base of 40,000 and other assets of Feature Price, a Web hosting service provider based in Fort Myers, Fla. Terms of the transaction were not disclosed.

For more information:

"In Feature Price, we saw an opportunity to grow our Web hosting customer base and to improve the level of service and the overall experience for Feature Price customers," said Marty Puranik, president and CEO. "We are excited about providing reliable hosting services and responsive customer support for our new customers during the transition period and in the future, and we look forward to serving all their Web hosting needs."

Atlantic.Net is providing two months of free Web hosting service for all Feature Price customers and honoring the prepaid service for customers on the company's Premium and Platinum hosting plans. Feature Price customers can learn more about switching to Atlantic.Net by visiting http://www.atlantic.net.

Today's news follows an announcement in February that Atlantic.Net had opened a tier-one data center in Orlando, Fla. Built in 2000 at a cost of $14.5 million, the 25,000-square-foot facility combines sophisticated technology infrastructure with high-end hosting services to meet customers' advanced online business needs.

Atlantic.Net offers high-speed Internet access, Web services, telecommunications, and dial-up. For more information, visit http://www.atlantic.net or call toll-free 877/GO-ATLANTIC (462-8526).

About Atlantic.Net

Launched in 1994, Atlantic.Net is an Internet service provider offering high-speed Internet access, Web services, telecommunications and dial-up. Atlantic.Net business services feature 24/7 network monitoring and connection to an optimized Cisco Powered Network -- a designation reserved for the world's top 1 percent of ISPs. Atlantic.Net has been named to the Inc 500 list of the nation's fastest-growing private companies for three consecutive years. During the past nine years Atlantic.Net has acquired 13 Internet companies, has doubled or tripled revenues annually and has remained profitable every year since inception. Atlantic.Net's staff has grown to nearly 100 employees who regularly participate in the Alachua County Guardian ad Litem drive to provide toys for needy children at Christmas and in local United Way, American Cancer Society and March of Dimes charity events. Atlantic.Net is headquartered in Gainesville, Fla. with an office and tier-one data center in Orlando and a sales office in Tampa.

SOURCE: Atlantic.Net