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Technology Stocks : SYTE - Sitestar
SYTE 5.490+0.9%Aug 11 5:00 PM EST

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To: Joe Copia who started this subject5/1/2002 7:55:51 PM
From: jmhollen   of 301
 
Sitestar's ISP Division Creates National Coverage

SHERMAN OAKS, Calif., Apr 30, 2002 (BUSINESS WIRE) -- Sitestar Corporation (OTCBB:SYTE), a technology investment company, today announced that its ISP divisions have executed an agreement whereby they can now offer over 2,000 local Internet access numbers in markets throughout the United States.


"By working with a national provider, we are able to now offer cost effective solutions to our local customers in Virginia and North Carolina," remarked Clinton J. Sallee, president and CEO of Sitestar Corporation. "This effort is reflective of our commitment to continue to provide the highest quality services to our local customers throughout our core markets."

"Through our relationship with our national provider, we are now able to offer our customers local Internet access anytime they travel throughout the United States, or if they relocated to another market outside our local coverage area," said Joseph Albanese, a member of the Sitestar management team and the leader of this initiative. "This is another step in our effort to continue to provide new, value-added services to our customers."

About Sitestar

Sitestar is a publicly held investment company that acquires and invests in emerging technology-based enterprises. Its primary focus is the acquisition of small independent Internet Service Providers in the rural and secondary markets of the mid-Atlantic region of the United States. Sitestar's wholly owned subsidiaries provide narrow and broadband Internet access, electronic infrastructure development, Web-hosting and design services and other technology-related solutions to residential and business users.

Sitestar's wholly owned subsidiaries include Sitestar.net, Sitestar Applied Technologies, Lynchburg.net, Computers By Design and Advanced Internet Services.

CONTACT: Sitestar Corporation Clinton J. Sallee, 818/380-8180 csallee@sitestar.com
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