Web Hosting Provider, “The Planet”, Reports Record Second Quarter

Dedicated Server Web Hosting Provider, “The Planet”, a privately held dedicated web hosting company has announced its records for the quarter which ended in June 30, 2008, this report update to customers, business partners and prospects has information relative to new progress and initiatives.

The second quarter highlights:

Touch Support Acquisition: The Company acquired Indiana-based Touch Support, as a way of introducing a fresh portfolio of advanced services for its self-managed dedicated server customers who are with the Planet Alpha brand. Those customers can select now from either a bundled or modular suite of services, like monitoring, server administration and security. Other services will be added during the balance of the year.

High Customer Activity: The Planet added more than 1,700 customers in the second quarter. The biggest growth in the second quarter came from its current customers, as they continued to expand their servers.

Expansion of Dallas Data Center: The Company began construction on an extension of 12,000 square feet in Dallas D6 data center, bringing the total data center area to 167,000 square feet.

New Virtual Racks: The Planet added new virtual racks for clients who need advanced solutions that offer a smaller footprint and also cost-effective with as few as two servers.

Data Center Award: Vice President of Facilities Jeff Lowenberg awarded by TechTarget’s SearchDataCenter.com by its prestigious data center Manager of the Year award. He was recognized for his hard work that can save the company more than $1 million on energy costs in 2008 alone.

Executive Appointment: The Planet appointed Robert Walters to manage its newly established storage and backup business unit, his responsibilities is to start new strategy and developing new products to extend the company profile.

Headquarters Award: The Planet won the Landmark 08 award for Best Corporate Headquarters Relocation by the Houston Business Journal.

Chairman and Chief Executive Officer Douglas J. Erwin noted, ”We had another significant quarter of annualized double-digit growth, accented by continued operational improvements, and again exceeding our plan. From our product portfolio, private racks continue to accelerate and contribute significantly to our revenue growth. Concurrently, our largest customers continue to grow with us at double the company’s overall growth rate, which underscores their satisfaction with the depth of our products, services and support. This quarter we made our first acquisition, with the purchase of Indiana-based Touch Support. We have already begun incorporating these services, which provide additional capabilities for our dedicated server customers. We will continue to build-out our infrastructure and services, providing customers with the power to choose precisely what they require from the broadest range of products and services in the industry.

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