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Web Host Globat.com Acquires EntityHosting.co

(May 31, 2005) Hosting company Globat.com®, based in Los Angeles, recently acquired shared web hosting provider EntityHosting.com of San Diego, California-based Entity Communications, LLC. in an all cash transaction. The acquisition added Entity's customers to Globat.com's existing customer base, signaling a change in the company's so far conservative expansion policy by including growth through acquisition.

" With the acquisition of EntityHosting.com we have taken a step forward in widening our customer acquisition strategy by helping other web hosting organizations to implement our hosting solutions, which can be put in place rapidly, reduce costs, and drive up customer satisfaction and loyalty," said Ben R. Neumann, President and CEO of Globat.com. "Naturally we will continue to support and honor Entity's current customer agreements."

Patrick Salami, founder and CEO of Entity Communications, LLC., said, "Globat.com's acquisition of EntityHosting.com again signals more consolidation in the market. The clear benefit for our customers is the access to Globat's experience and technology. Being a global player, they have the latest products and feature set, which can only be of great benefit to our customers."

More information about Globat’s services can be found at Globat.com.

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