LYNCHBURG, Va., Nov. 20, 2003 (PRIMEZONE) -- Sitestar Corporation (OTCBB:SYTE), an Internet Service Provider (ISP) and computer services company, announced today the launch of its national dial-up Internet service which is now available in thousands of cities throughout the United States. The new service features SurfBoost(TM) Broadband Dial-Up technology which includes web acceleration, e-mail acceleration and pop-up ad blocking. Spam and virus filtering are also included. Sitestar is marketing this service under the brand name SurfWithUs.Net to differentiate its regional service from its national service.
"We set out to create an entirely new kind of Internet service, and that is what we have done with SurfWithUs.Net. At the core of the product, we have a premium dial-up Internet service. We added patent-pending SurfBoost Web acceleration to rival DSL speed over dial-up, e-mail acceleration to reduce transfer times, pop-up ad blocking and spam/virus filtering. It is a tremendous value, all for a great price that is less than what other premium providers charge just for their basic dial-up service," said Frank R. Erhartic, Jr., Sitestar's President and CEO.
"Our service has been limited to a regional footprint, but thanks to recent partnerships with the same national carriers that the other large Internet Providers use, this is a thing of the past. There are over 75 million residential Internet users in the United States," adds Erhartic. "We see a tremendous market that we have not yet realized and we want a bigger piece of that pie. Our goal is to grow from a Top 100 Dial-up Internet Provider to a Top 10 Dial-Up Internet Provider. We can achieve this through aggressive marketing, superior service and by offering a better value than most national providers."
To expand the company's market share, SurfWithUs.Net's business model includes not only traditional advertising, but also Internet advertising and a Referral Rewards program. "We believe that our marketing efforts with this new offering will greatly expand our revenues and increase our shareholder value," says Erhartic.
SurfWithUs.Net's flat-rate dial-up Internet service starts at $19.95 per month. Additional information is available by visiting the SurfWithus.net Web site (http://www.surfwithus.net).
Forward-looking statements
This report contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Stockholders are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, our ability to expand our customer base, make strategic acquisitions, general market conditions, and competition and pricing. Although we believe the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements contained in the report will prove to be accurate.
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), SurfWithUs.Net (http://www.surfwithus.net), Lynchburg.net (http://www.lynchburg.net), Advanced Internet Services (http://www.advi.net), Computers by Design (http://www.computersbydesign.com) and CBD Toner Recharge (http://www.recharge.net).
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