Atlantic.Net Makes 12th Acquisition; Fast-Growing ISP Buys Spring Hill-based FiberNet.Business Editors/High-Tech Writers GAINESVILLE, Fla.--(BUSINESS WIRE)--March 22, 2000 Atlantic.Net, one of the Southeast's most reliable Internet Service Providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. , today announced it has completed the purchase of Spring Hill-based FiberNet. With this agreement, Atlantic.Net acquires FiberNet's dial-up subscribers, dedicated access accounts and 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 design clients in 19 cities throughout Florida, including Orlando, Tampa and Jacksonville. Specific terms of the deal are not being disclosed. This is Atlantic.Net's second acquisition in the past week. "Atlantic.Net has been in the process of establishing itself as a premier player in the Internet service industry for the past two years and I am very excited to now be a part of it," said Mark DeWar, founder of FiberNet and Atlantic.Net's new office manager in Spring Hill. "We believe that FiberNet subscribers will recognize our commitment to our customers and our focus on technology, which is what continues to attract both new and existing Internet users to our service," said Marty Puranik, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Atlantic.Net. "Our rapidly growing subscriber base is testimony to the fact that Atlantic.Net provides a better Internet experience." FiberNet subscribers do not need to make any changes to their computers at this time. Effective immediately, FiberNet subscribers can take advantage of all of Atlantic.Net's service features including local dial-up access hot Dial-up access is a form of Internet access via telephone line. The client uses a modem connected to a computer and a telephone line to dial into an Internet service provider's (ISP) node to establish a modem-to-modem link, which is then routed to the Internet. numbers in five states, toll-free technical support seven days a week, Web mail, discussion groups, a monthly electronic newsletter, personal Web space with virtual domain name and convenient payment options. Business customers can take advantage of Atlantic.Net's Web hosting and Web design services and high-speed dedicated access. About Atlantic.Net Atlantic.Net was founded in 1994 by two University of Florida University of Florida is the third-largest university in the United States, with 50,912 students (as of Fall 2006) and has the eighth-largest budget (nearly $1.9 billion per year). UF is home to 16 colleges and more than 150 research centers and institutes. students, Marty Puranik and Jose Sanchez, who started the company by selling computers. After being denied Internet access See how to access the Internet. through the university in 1995, Puranik and Sanchez launched one of the first commercial Internet services in Gainesville and Ocala, Florida Ocala is a city in Marion County, Florida, United States. As of 2004, the population recorded by the U.S. Census Bureau is 48,901.[1] It is the county seat of Marion CountyGR6. . Today, Atlantic.Net offers service in 46 locations across the state, more than any other ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. . The company has 40,000 subscribers in five states. Revenues have doubled every year since inception and in 1999 Atlantic.Net was recognized as Florida's 15th fastest-growing private company. Atlantic.Net's $19.95 Unlimited Account service plan includes access to the World Wide Web, electronic and Web mail, discussion groups, toll free technical support 7 days a week, a monthly electronic newsletter, personal Web space with virtual domain name and convenient payment options. The company also has a Basic Account service plan for $9.95 per month. The Atlantic.Net software startup kit, featuring Netscape Communicator An earlier suite of Web browsing and groupware tools from Netscape that were packaged as a bundle starting with Navigator 4.0. Communicator refers to any Netscape Navigator product with a version number less than 6.0. , is available for the Microsoft Windows and Apple Macintosh operating systems. 56K access is standard with all accounts, but the service is also compatible with older 14.4Kbps, 28.8/33.6Kbps modems as well as 64Kbps ISDN terminal adapters. 128Kbps ISDN ISDN in full Integrated Services Digital Network Digital telecommunications network that operates over standard copper telephone wires or other media. is available for an additional monthly fee. Atlantic.Net's business services include high-speed dedicated access, Web hosting and Web development and design. To learn more about Atlantic.Net's complete line of services, call 1-800-422-2936 or visit the corporate Web site at http://www.atlantic.net. Atlantic.Net's new office in Spring Hill is located at 5480 Spring Hill Drive. Mark DeWar can be reached at 352/686-3044. |
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