HostMySite.com Given Strategic Award : HostingPool.com

The expansion comes after a move into a new international corporate headquarters in Newark, Delaware earlier this year.

''HostMySite.com's confidence in the state of Delaware and our partnership with the company is a testament to my Administration's dedication to growing our technology-based industries,'' said Governor Ruth Ann Minner. ''I am extremely pleased that HostMySite.com continues to choose Delaware as the perfect location to expand.''
The Delaware Economic Development Office awarded HostMySite.com a Strategic Fund Grant in the amount of $274,000 for the purchase of three new generators required for the company's data center expansion. HostMySite.com is a leading hosting provider, delivering highly scalable hosting solutions including managed hosting, dedicated hosting, virtual private servers, and shared hosting. The investment will generate an additional economic impact of $3.5 million, bringing the company's total economic impact to more than $16.5 million annually.
''At the Delaware Economic Development Office, part of our job is to recognize entrepreneurial efforts and assist gazelle firms like HostMySite.com become more successful,'' said Judy McKinney-Cherry, director of DEDO. ''As a company that has already experienced exceptional growth, HostMySite.com is expected to provide a significant return on investment for the State.''
HostMySite.com was founded in 1997. Today, HostMySite.com.com has grown from a two-man operation to one of the top web hosting companies, serving more than 60,000 customers in 130 countries. When HostMySite.com applied for the Strategic Fund Grant, the company employed 165 professionals. Just a few months later, they now employ 250 professionals. It is recognized by Delaware Today as one of the 'Great Places to Work' and by INC. 500 lists as one of the fastest growing privately held companies in the United States.
''HostMySite.com is honored to be recognized by Governor Minner for our contribution to the Delaware economy,'' said Lou Honick, Founder and Chief Strategy Officer of HostMySite.com. ''It is a tribute to the entire HostMySite.com team who has worked to grow our operations exponentially over the past few years. Judy McKinney-Cherry and her staff at DEDO have created a great win-win situation with this investment in future job growth for the state. We applaud her efforts and look forward to continued economic expansion.''
In the past year, HostMySite.com.com has provided customers with an upgraded call center, a new hosting control panel, and the build out of an additional state-of-the-art data center. Last week, the company also announced it was acquired by Wachovia Capital Partners, the private equity investing arm of Wachovia Corporation, the fourth largest bank holding company in the U.S. With the backing of a strong financial partner, the company will continue to grow as a leading managed web hosting company.
About DEDO
The Delaware Economic Development Office is an executive state of Delaware agency responsible for attracting new investors and businesses to the state, promoting the expansion of existing industry, assisting small and minority-owned businesses, promoting and developing tourism and creating new and improved employment opportunities for all citizens of the State. For more information, visit dedo.delaware.gov.
About HostMySite.com
With a combination of sophisticated hosting technology and applied business knowledge, HostMySite.com.com provides individuals, small businesses, and large corporations with affordable managed dedicated servers, VPS, and shared web hosting solutions.
These solutions are supported by HostMySite.com.com's unwavering commitment to customer satisfaction, which is evident through their development of long-term customer relationships based on trust, integrity, quality, and innovative business solutions that produce the greatest total value. The company’s award-winning customer service includes 24x7x365 live support through toll-free telephone, email, and live online chat. For more information, visit www.hostmysite.com.

Source: www.webhostdir.com

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