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Web Hosting Provider MYOB Acquires SmartyHost

August 20, 2008 – (HOSTSEARCH.COM) – Web hosting provider MYOB (http://www.myob.com.au) is “expanding its web hosting and Internet marketing services” through the acquisition of SmartyHost (http://www.smartyhost.com.au), it was announced today. The move comes on the heels of the company’s purchase of Ilisys earlier this year and positions it for “growth in the web hosting sector”. MYOB will continue the SmartyHost brand.

“This acquisition represents a further evolution of our business and means we will be able to assist small businesses even more,” explained MYOB’s CEO, Mr. Tim Reed. “Our overarching strategy is to web enable Australian small businesses. We want to make the first step – establishing a website – more appealing to more business owners. We also plan to help business owners leverage the internet to ‘rewire’ their customer and supplier interactions and other core business processes.”

SmartyHost is recognized as a provider of web hosting services to Australian businesses and purchasing the company offers MYOB “access to a hub of talented people and a solid client base, as well as a range of partners and design firms which can assist small business owners build an online presence”.

“Our research shows that 59% of Australian small businesses don’t currently have a website,” added Mr. Reed. “Through the acquisition of SmartyHost we can now deliver a basic website and domain name package to Australian businesses starting from under $100 per year.”

MYOB is an international provider of business solutions that liberate business owners and accountants from the burden of day to day administration, empowering them to achieve business success. MYOB develops and delivers award-winning software, services and support for more than 700,000 businesses and accounting practices.

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