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Wyith announces acquisition of serviceproviders.net and a partnership to expand Web hosting operations

Hackensack, New Jersey - November 2, 2000 - Wyith Incorporated
announces acquisition of serviceproviders.net
and a partnership to expand web hosting operations.
Underlining its bid to become the region's leading Internet services and solutions
provider, Wyith Incorporated today took a dominant position in New Jersey's
hotly contested web hosting market with the acquisition of serviceproviders.net.
Founded in 1998, serviceproviders.net is a dedicated web hosting company that
boasts an industry-leading portfolio of more than 2,000 customers. Combined with
Wyith's existing web hosting clients, the new unit will become a major part of
the Internet company's overall business stream.
"This is a very strategic move for us as it helps position us as much more
than a consultants company," said Dr Raymond Cheng, Managing Director of
Wyith Incorporated. "It has always been our intention to provide a full range of
Internet solutions to our customers worldwide and serviceproviders.net fits
that plan perfectly.
"The serviceproviders.net team is unique in that they have managed to focus
on the web hosting platform without getting sidetracked by other Internet
opportunities and have thereby managed to build a premier service for small
to medium sized enterprises as well as individual customers."
Dr Cheng added that the company's strengths lie in its highly automated
system, its sound management and its thoughful attention to customer service.
"These people are true Internet pioneers who really bring a lot of value
to our business model," said Dr Cheng.
According to Dr Cheng, Wyith provides serviceproviders.net with
an opportunity to realise its rapid expansion plans while maintaining a
high level of service.
About Wyith Incorporated

Founded in 1991, the company is a provider of corporate MIS applications,
backend IT services and is a strategic consultant of e-business.
The company's wholly owned division, Wyith Limited, is also a
world class leader in B2C domain-based services, including
domain registrations in over 70 countries, Web hosting and
related services. The business has serviced over 40,000 customers
worldwide, spanning 110 countries.
For further information, please contact:
Public Relations Manager
Wyith Incorporated
Contact public relations
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