December 8, 2006 — (WEB HOST INDUSTRY REVIEW) — Wholesale Web hosting provider Hostopia (hostopia.com) announced on Friday it participated in a ceremony opening Toronto Stock Exchange Trading today to mark the listing of its common shares on the TSX under the symbol H.
“Listing as a public company on the TSX represents the completion of a long held strategy of Hostopia’s to deliver the best value to our customers,” says Hostopia CEO Colin Campbell. “Funding from the public investing markets better enables us to execute our business plan which has been very successful to date.”
Hostopia provides Web services that enable small and medium-sized businesses to establish and maintain an Internet presence. The company’s communication service clientele includes telecommunication carriers, cable companies, Internet service providers, domain registrars and Web hosting providers.
Customers purchase Hostopia’s Web services on a wholesale basis and resell these services under their own brands to SMBs. The company provides customers with the technology, infrastructure and support services to enable them to offer Web services, while helping them save research and development time, as well as capital and operating costs normally associated with designing, developing and delivering Web services.
