SurfCity Networks™, Inc. Acquires Press-Enterprise Broadband and Web Hosting Customers

Acquisition leverages industry consolidation

Huntington Beach, CA

Huntington Beach, CA, January 1, 2005 - SurfCity Networks, a customer service leader in Broadband Internet Access, announced its acquisition of Press-Enterprise's broadband and web hosting customers, an inland empire news publication. SurfCity Networks brings a heritage of strong, responsive customer service and one of the fastest nationwide networks available with over 100,000 miles of fiber optic cable to Wisetec customers.

David Saylor, SurfCity Networks CEO stated, "Press-Enterprise needs to stay focused on its mission to deliver news. Broadband internet access and web hosting does not help further with that mission. With industry consolidation it is difficult for the smaller players to maintain profitability in a tightening market."

The company will incorporate the former Press-Enterprise customer circuits into its Huntington Beach, CA and Irvine, CA facilities.

About SurfCity Networks, Inc.

Founded in 1996, SurfCity Networks is a leading provider of Broadband Internet Access, web hosting, and IT services throughout  Southern California. SurfCity Networks has been selling DSL in Southern California since the very beginning as part of Verizon's (formerly GTE's) broadband pilot program.

About Press-Enterprise

Press-Enterprise is the leading provider of news and information for Inland Southern California through newspaper and magazine publishing, printing and telephone information services.

All trademarks/service marks and registered trademarks are the property of their respective owners. Portions of this document may constitute "forward-looking statements" as defined by federal law. Although the company believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different.
 

 

For more information, contact:

David Saylor, CEO
SurfCity Networks, Inc.
800-398-3756
sales@surfcity.com
 

 
The Press-Enterprise
951-684-1200
www.pe.net