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News ReleasesDecember 13, 2005
LocalNet Acquires CoreComm SubscribersLocalNet Corporation announced today that it has completed the acquisition of CoreComm's Internet access and web hosting customers. The transaction will give CoreComm access to LocalNet's low-cost dialup network, and allow LocalNet customers access to CoreComm's business services. Former CoreComm customers will be served by a new company called CoreComm Internet Services, Inc. "We value both brands and will continue to offer services through LocalNet and CoreComm," said Chief Operating Officer David Kaplan. The combined companies have over $40 million in sales and will employ 330 people. Together, they form the largest privately held dialup Internet Service in the United States with over 250,000 subscribers. LocalNet is known as one of the original, low-cost $9.95 Internet Service Providers. In November it was honored as one of Inc Magazine's 500 Fastest Growing Companies. This was the fourth time in five years that LocalNet made the 'Inc. 500' list. LocalNet Corp. was founded in 1994 by owner and President, Marc P. Silvestri. The company is headquartered in Amherst, NY. CoreComm, which includes the former Voyager.net and Exec-PC customer bases, has offices in East Lansing and Kalamazoo, Michigan, as well as Milwaukee, Wisconsin and Dayton, Ohio. November, 2005
LocalNet Listed on "500 Fastest Growing Companies" ListFor the fourth time in five years, LocalNet has been named to Inc. Magazine's "Inc 500", a list of the nation's fastest-growing private companies. LocalNet, one of the first Internet Service Providers, is the only ISP on this year's list. “All of our employees are committed to providing a great user experience, and at $9.95 per month for unlimited Internet access, it’s a great deal,” said Marc Silvestri, LocalNet’s president and founder. The company posted a 341.6% growth rate over the last 3 years to earn its place on the "Inc 500". LocalNet first made the list in 2000/2001. October, 2005
LocalNet Adds 1,000 New DialinsOnce again, LocalNet has increased its coverage. The company added more than 1,000 new access numbers in October. With nearly 6,000 access numbers covering cities and towns from Hawaii to Maine, LocalNet has the largest dialup footprint of any american Internet Service Provider. May, 2005
LocalNet Announces Expanded CoverageLocalNet has recently expanded its dialup footprint into seven more states. Access numbers are now available in Hawaii, Iowa, Montana, Nebraska, New Mexico, South Dakota, and Wyoming. With these additional dialin numbers, LocalNet now provides Internet access in 49 states! October, 2004
LocalNet Listed on "500 Fastest Growing Companies" ListFor the third time in four years LocalNet has been named to Inc. Magazine's list of "500 Fastest Growing Companies". The Fall Special Edition of the much-respected national business magazine highlights companies of note across all business sectors for their achievements. LocalNet is one of only two Internet service providers in this year's prestigious compilation. LocalNet posted a 427% growth rate over the last 5 years to earn its place on the list. The company first made the list in 2000/2001. July, 2004
38th Network Facility Now in Operation !St. Louis, MO has become the 38th location in LocalNet's Network. The company now operates over 2500 dial-in numbers across 42 states. June, 2004
Seven Network Locations Added !LocalNet has announced the following additions to its network: Chicago IL, Orlando FL, Birmingham AL, Memphis TN, Knoxville TN, Charlotte NC, and Toledo OH. "This is a combination of working with some of our long term vendors and some new vendors. These companies know that we like to be aggressive in our expansion efforts and they have responded well in serving our needs and those of our customers" according to David Kaplan, Vice President of LocalNet Corp. May, 2004
Milwaukee, WI and Nashville, TN On Network !Milwaukee, WI and Nashville, TN become the 29th and 30th locations to be operated by LocalNet Corp. April, 2004
LocalNet Again Listed Among Top Internet Providers !Internet industry analyst ISP-Planet, http://www.isp-planet.com, has again ranked LocalNet among the 20th largest Internet service providers in the nation. The 1st quarter, 2004 list (see the list) shows LocalNet as the nations 19th largest Internet service provider with 120,000 subscribers. March, 2004
Spokane, Seattle and Phoenix Locations Operational !LocalNet has expanded its proprietary network into the western U.S. with the opening of facilities in Spokane, WA, Seattle, WA, and Phoenix, AZ. "We've said all along that we feel operating our own facilities puts in greater control over the quality of service we can deliver our customers" said LocalNet's president, Marc P. Silvestri. "Now we'll be able to bring that level of service to the western US" he continued. February, 2004
Burlington Vermont Service Now Available !LocalNet has announced that it has begun providing Internet access into Vermont. The company has started service in Burlington and plans to cover the remaining area of the state later this year. January, 2004
Bloomington Now Part of LocalNet's Indiana NetworkWith a new Bloomington Indiana facility now in operation LocalNet has continued to expand it.s coverage in the state. LocalNet also operates an Indianapolis location which it uses to service the greater Ft. Wayne and South Bend markets. Gulfport, MS and Fayetteville, NC Added to NetworkGulfport, MS and Fayetteville, NC are the two newest facilities opened by LocalNet as the company begins adding network capacity in the southern U.S. "This is just the beginning of what we intend to accomplish this year" referring to the opening of additional locations, said David Kaplan, LocalNet Vice President. |
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