Web Host BurstNET Named to “Inc 500” for 2004

BurstNET Technologies, Inc.™ (www.burst.net), a leading provider of managed dedicated web hosting services, today announced it has been selected as a member of the 23rd annual "Inc 500". - a ranking of the fastest-growing private companies in the United States. Inc. Magazine (www.inc.com), the premier publication for small and medium-sized businesses, released the list today.

"I'm just so thrilled to be able to prove that a successful technology business can be run here in Northeastern PA. I hope other tech-related companies begin to recognize the cost savings available in this area."

The "Inc 500" Special Issue will appear on newsstands October 26 and will be on display until December 21, 2004. BurstNET™ ranks #416 on the list with four year average annual sales growth of 90.7%.

To be eligible for this year's "Inc 500", companies have had to be independent and privately held through their 2003 fiscal year, and have had at least $200,000 in net sales in the base year of 2000.  They also must have had $2 million in net sales for 2003 and exceed all 2002 sales.

Companies are ranked on averaged year-over-year sales growth. Inc. Magazine verifies all information using tax forms and audited financial statements from certified public accountants and by conducting interviews with company officials.

"We're very excited about making the "Inc 500" list. Both our management and the employees have worked long and hard to get to this point." said S. Matthew Arcus, CEO of BurstNET™.

Beginning November 1, the full "Inc 500" list will be available online at www.inc.com with either a 12-month subscription for $19.95 or alone for $9.95. The fee allows users to search 2004 company profiles by industry and offers online-only premium information about this year's "Inc. 500".