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Affinity Internet Inc. Formally Announces $60 Million in Funding to Guide Small and Medium Sized Businesses to Internet Success.


Business Editors

EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and , Calif.--(BUSINESS WIRE)--July 17, 2000

Application Service Provider Helps Businesses Build and Manage

Successful eBusinesses

Affinity Internet Inc., a Web hosting Making a Web site available on the Internet. Many ISPs host a few personal Web pages for an individual at no additional cost above the monthly service fee, but the address is subordinate to the ISP; for example, www.friendlyisp.com/pat_smith.  and application service provider dedicated to being the eBusiness guide for small and medium sized businesses, has formally announced $60 million in funding from investors including J.P. Morgan Capital Corporation, Columbia Capital LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 and First Union Capital Partners Inc.

Affinity helps businesses to take advantage of the Internet through a unique commitment to education, easy-to-use applications and support.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 John McIntyre John McIntyre is the name of several people:
  • John McIntyre (musician)
  • John J. McIntyre (1904-1974) was a United States Representative from Wyoming
  • John McIntyre (bishop) is the bishop of the Anglican Diocese of Gippsland in Australia
, Affinity co-founder, chairman and chief executive officer, the funding is being used to continue building Affinity's team and its technology and customer support infrastructure to support Affinity's rapid growth and to extend Affinity's market reach globally.

"Affinity is constantly investing in people and technology to ensure that we can live up to our commitment of delivering easy-to-use business applications backed by the industry's best customer support," said McIntyre. "We will work with these businesses as a partner and mentor. We will help them make smart decisions for establishing an online presence and continually educate them on the best ways to grow their business."

"We are extremely excited about our partnership with Affinity," said John Watkins John Watkins could be any of the following:
  • John Watkins (Australian politician), Educator and politician from Australia
  • John Watkins (Canadian diplomat), Canadian diplomat and ambassador
  • John Watkins (cricketer), Cricket player from Australia
, managing director at J.P. Morgan Capital Corporation. "The Web and applications hosting market is undergoing explosive growth, and the Affinity management team has the skills, experience and vision to build the leading provider of hosting services to growing businesses."

Scott Perper, managing partner with First Union Capital Partners Inc., added, "This space is virtually wide open and Affinity's focus on educating and guiding their customer to the business solutions that are best for them, as opposed to simply selling them the latest technology whether they need it or not, is a key differentiator that offers a sustainable business A business is sustainable if it has adapted its practices for the use of renewable resources and holds itself accountable for the environmental and human rights impacts of its activities.  model."

The biggest obstacle preventing smaller businesses from going online is a lack of information. To help them make informed decisions, Affinity will provide a suite of Web-based business resources in one convenient location.

"Two-thirds of small and medium sized businesses are not online. For most, it is because they are either intimidated in·tim·i·date  
tr.v. in·tim·i·dat·ed, in·tim·i·dat·ing, in·tim·i·dates
1. To make timid; fill with fear.

2. To coerce or inhibit by or as if by threats.
 by their lack of technological knowledge or don't understand the value that an effective Web site can bring to their bottom line," said John Zdanowski, Affinity co-founder and chief operating officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
.

"Affinity translates typical 'techno-speak' into useable information and tools that help businesses succeed online."

Both McIntyre and Zdanowski have significant experience in the Internet technology and hosting industry. McIntyre was a key member of the original management team for Interliant Inc. (formerly Sage Networks Inc.). During his tenure, the company grew from start-up to more than $25 million in revenue in 12 months. Zdanowski also came from Interliant where he played a significant role in the technical, operational and mergers and acquisitions areas of the company.

In the fall of 1999 the two began building a company with a clear vision of providing relevant one-stop business solutions and an unparalleled focus upon customer attention, support and service for small and medium sized companies. To quickly bring their vision to fruition fru·i·tion  
n.
1. Realization of something desired or worked for; accomplishment: labor finally coming to fruition.

2. Enjoyment derived from use or possession.

3.
, McIntyre and Zdanowski began acquiring companies for market share and talent. The resultant This article is about the resultant of polynomials. For the result of adding two or more vectors, see Parallelogram rule. For the technique in organ building, see Resultant (organ).

In mathematics, the resultant of two monic polynomials
 company was officially named Affinity Internet Inc. in May 2000.

About Affinity Internet Inc.

Affinity Internet Inc. is a leading Web hosting and application service provider (ASP asp, popular name for several species of viper, one of which, the European asp (Vipera aspis), is native to S Europe. It is also a name for the Egyptian cobra (Naja haja). ) dedicated to guiding small and medium sized businesses seeking to build a successful eBusiness.

The Los Angeles-based company offers a wide range of turn-key Internet solutions, including Web hosting, eCommerce, dedicated servers and advanced hosting services to business customers in more than 100 countries. Affinity's professional staff is committed to setting new standards in proactive customer support, and providing ongoing training and education to its customers and sales channel partners.

For more information on Affinity, visit the company's Web site at www.affinity.com.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 17, 2000
Words:641
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