Solutrea LTD to Purchase Zetnet LTD
Bath, England (PRWEB) May 16, 2007 -- Solutrea LTD, the wireless and digital signage solutions provider, has entered into agreements to purchase Zetnet LTD, the Manchester based business internet service provider.
Zetnet is one of the longest established full service business to business ISP's in the United Kingdom, servicing over 5500 clients of which over 80% are small and medium sized businesses based throughout the United Kingdom. Based in Manchester, Zetnet has a strong reputation for reliability and industry leading customer service.
Zetnet's existing client base has access to hosting, DSL, email and other standard ISP services. The acquisition by Solutrea will allow these same clients to benefit from opportunities in voice over IP (VoIP) communications, digital signage and WiFi hotspots add-ons for business clients, giving Zetnet the best value proposition for small business in the marketplace today.
"Solutrea is pleased to announce the integration of Zetnet as a core component into the UK operation." Said David Howgill, VP Sales and Marketing of Solutrea LTD, "Zetnet brings three major components to Solutrea's UK business plan; a highly profitable and stable base, an effective customer services organization that can service our growth across Europe and a client base that will derive direct benefit from the addition of Solutrea's wireless, VoIP and digital signage services. The union of the two companies will hence create increased value for our stockholders and increased service levels for our clients."
"This is a major step for Zetnet and our clients" Said John Hyslop, Managing Director of Zetnet, "For some time we have looked at ways to effectively introduce VoIP and hotspot services to our clients, Solutrea not only fills this need but also capitalizes on our reputation for customer service to create an operational hub in Manchester. We look forward to moving ahead rapidly with the Solutrea team to pursue the opportunities in wireless and signage that they bring with them."
Under the terms of the agreement Zetnet, it's assets, key personnel, intellectual property and client base will transfer to Solutrea; bringing 2006 revenues of over £857,000 and solid growth potential through cross-selling with Solutrea's other services. Zetnet's current owners will not transfer with the sale and will cease internet operations in the United Kingdom. Solutrea will remunerate Zetnet with £857,000 in cash upon closing. The agreement is subject to approval by the Powerstar International Inc. (TSX.V : PWS), board of directors and the Toronto Ventures Exchange.
About Solutrea LTD
Solutrea LTD. is a fast growing provider of Digital Communications Networks for business and government; providing a full range of solutions for digital signage, corporate communications, Retail Hotspots, transport, municipal or campus environments....or even just a better way to connect your business to the internet. Solutrea Inc., a subsidiary of Powerstar International Inc. (TSX.V : PWS), has the exclusive rights to acquire Solutrea LTD. in consideration of their investments in the acquisitions of Solutrea LTD.. For more information visit SOLUTREA LTD
About Zetnet
Zetnet is one of the longest established business to business ISPs in the UK offering a full range of Internet Services. This offering is backed by years of in depth experience in the realities of delivering what businesses need to gain a strong competitive advantage from the Internet and its associated technologies. Zetnet quite simply aims to be the technology partner of choice for UK business. For more information please visit ZETNET HOMEPAGE
###
This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
|
|
 |
 |
|
National Business Furniture Launches new Endeca-powered Search Experience on Business-to-Business Sites
Market-leading search, navigation and merchandising technology debuts on OfficeChairs.com
Top 7 Business Tips For Small Business Starters For Online Business
1.) Brainstorming for an idea - You must select what interests you in any field and put together 5 to 7 possible ideas that seem viable as a source of income.
Limited Companies: Liability In UK Limited with LLC
If you currently own a business, or plan to change the structure of your business, you need to research the many possibilities you may have. Should you stick with a sole proprietor status or form a New Limited Liability company? What Limited Liability options do you have? Hopefully, this article will give you a brief birds' eye view of your available options.
Going to Start Business - Get Best Business Tips of How to Start Your Business
If you want to start your own business, you have to realize that there will be bumps in the road. Everyone makes mistakes initially, and your success will be measured by how well you overcome those mistakes. There are some things you can avoid though so you get your business up and running as quickly as possible. When you know what to watch out for, it's a lot easier to make money and help your users. Here are some tips to easily and effectively star a business.
Small Business Secret #2 - Build Your Business Knowing How You Will Exit The Business
Creating a small business from nothing is easy to do anyone can do it, by simply filling out a few forms at a government office and then you have your small business. Making it successful is the hard part but also knowing how to get out of your business is as important to your business as owning it. Way to many people startup small businesses but then have no idea how they are going to exit it and in the end the way they build their business in many many cases results in them not getting the windfall they had hoped for.
LTD Management Awards Highest Honor to Marion Sawyer
LTD Management Company, L.L.C. (LTD), a hotel management and development company headquartered in Chesapeake, VA has announced Marion Sawyer as the recipient of their first ever Sai-Kar Award, named after its founders Dilip Desai and Hari Thakkar.
Understanding Corporations, Limited Liability Companies (LLC's) and Limited Partnerships
Understanding Corporations, Limited Liability Companies (LLC's) and Limited Partnerships
Limited Thought, Limited Experience
I was reminded once again the other day about how well we limit ourselves and take on the values of others and their limitations.I was in one of our morning sales meetings and just barely awake trying to concentrate on other things.
Starting a Home Business - How to Write a Business Plan that Guides Your Success!
Writing a business plan isn't optional just because you consider
this simply a home business. You are a small business owner.
MLM Home Based Business, Best MLM Business,MLM Business,MLM Home
MLM Home Based Business - Locating The Powerful One Is Not As Painstaking As You Envision
|
 |
|