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Microcap & Penny Stocks : SYTE - SiteStar Corp -- Ignore unavailable to you. Want to Upgrade?


To: AZBAMBI who wrote (9)3/9/2001 9:21:07 AM
From: Evan  Read Replies (1) | Respond to of 17
 
Sitestar Announces Robust DSL Growth
ENCINO, Calif.--(BUSINESS WIRE)--March 9, 2001--Sitestar.net Inc., the wholly owned subsidiary of Sitestar Corp. (OTCBB:SYTE - news), today announced that it has experienced a 35% increase in high-speed Internet subscribers in the last quarter. Sitestar.net Inc. is based in Martinsville, Va.

``We're encouraged by the rapid growth of DSL in our market,'' said Clinton J. Sallee, Sitestar Corp.'s president and CEO. ``This is an indication of the strong demand for high-speed Internet access in our core geographic area and a signal to the further growth potential available in our market. We recently presented at the FastTrack 2001 Tradeshow and Technology Summit in Martinsville, Virginia. The reception to our DSL offering was overwhelming.

``In addition to growth by acquisition, we see long-term organic growth within our markets both in dial-up access and high speed. We are actively pursuing new markets and new mediums to deliver Internet access solutions,'' added Sallee.