July 11, 2003 — (WEB HOST INDUSTRY REVIEW) — InDigiNet, Inc., (indiginet.com) a provider of managed communications solutions, announced today that it has initiated merger discussions with C2C Exchange Inc. (c2cexchange.com), a Web design and hosting company, for restricted stock.
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?We are excited about the prospects of welcoming over 400 independent marketing representatives into the IGTT family along with their complimentary products,? said Mark Ellis, CEO of IndigiNet. ?The merger discussion thus far centers on C2C’s Web site creation capabilities and distribution channel, and how it will propel us to the next level of success. We value their marketing depth, their creativeness with which they have implemented their product strategy and the successes they have earned in empowering end users with an alternative Web building solution.?
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Based in Newport Beach, California, InDigiNet provides integrated communication solutions to small and medium-sized enterprises.
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C2C Exchange, Inc. is a Web site design and hosting company.
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