Sitestar Holds Shareholders Meeting July 29


LYNCHBURG, Va., July 22, 2003 (PRIMEZONE) -- Internet Service Provider Sitestar Corporation (OTCBB:SYTE) today announced that the Company will be holding a shareholders meeting on July 29, 2003 at 8:30pm EST. This meeting will be available via a chat session through our corporate web site at http://www.sitestar.com.

"We had a good response to our last chat session in December and we are continuing this format for our upcoming shareholders meeting," said Frank Erhartic, Jr., Sitestar's President and CEO. "Most of our shareholders are scattered around the globe, and since they are using the Internet, it makes sense to hold meetings with Internet chat technology. This method yields us the most participation."

Shareholders, potential investors, media firms and other interested parties may participate in the chat meeting by first registering for this event at Sitestar's corporate web site (http://www.sitestar.com). Those who participated in our last chat session do not need to register again. Participants may also suggest topics for discussion. On the day of the event, registered parties will be emailed more information on the meeting and how to join in the online discussion.

About Sitestar Corporation

Sitestar Corporation is a mid-Atlantic Internet Service Provider (ISP) and computer services company offering a broad range of services to business and residential customers. Sitestar's main customer base is primarily in the Virginia and North Carolina markets but also sells most of its services nationwide. Sitestar's wholly owned subsidiaries provide narrow and broadband Internet access, Web-hosting and design services, computer sales and repair and other technology-related solutions to its residential and business customers.

Sitestar's wholly owned subsidiaries include Sitestar.net (http://www.sitestar.net), Sitestar Applied Technologies (http://www.sitestarapplied.net), Lynchburg.net (http://www.lynchburg.net), Computers by Design (http://www.computersbydesign.com), CBD Toner Recharge (http://www.recharge.net) and Advanced Internet Services (http://www.advi.net).

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