NextPhase Acquires Web Hosting Provider SpeedFactory and Sees Revenues Increase by $2M

March 30, 2006
March 30, 2006 – (HOSTSEARCH.COM) – NextPhase Wireless, a specialist in integrated Internet, voice and data communication solutions, has announced its acquisition of Atlanta-based SpeedFactory (, an ISP whose services include web hosting.

"SpeedFactory is a highly respected ISP, providing business-class DSL services to customers in Atlanta and the fast growing South-East region since 1998," said Robert Ford, NextPhase's President and CEO. "Not only will the acquisition immediately add to our revenue and cash flow per share, it further strengthens our market-leading portfolio of connectivity products and services, and extends our geographic reach," he added.

Mr. Ford continued, "This acquisition, together with our recently announced joint venture with OnSat to deliver satellite connectivity solutions, and the nationwide wireless 'last mile' capabilities of NextNode Virtual Networks, gives us the ability to deliver flexible, scalable, reliable and cost-effective Internet access to business customers anywhere in North America. Whether customers are located in established metropolitan areas, developing regions where growth is outpacing the infrastructure build-out or in rural communities, we're now able to deliver solutions that can adapt and evolve to their changing customer needs."

Established in 1998, SpeedFactory is ranked amongst the best DSL providers in North America and alongside web hosting offers dialup Internet access, business and residential DSL, T-1 circuits, dedicated broadband and co-location services.

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