Business
Hostopia acquires assets of TemplateRover.com
Hostopia acquires assets of TemplateRover.com.
About this update from Pure Energy Minerals Ltd.
[{"type":"text","content":"\n\n\n\nIncreased inventory of web site templates strengthens Hostopia's position\n\n\nas wholesaler to communications service providers.\n\n\nMISSISSAUGA, ON, and FT. LAUDERDALE, FL, June 5 /CNW/ - Hostopia.com Inc.\n(TSX: H), today announced that it acquired all of the operating assets of\nTemplateRover.com, a division of Geeksforless Inc. ("GFL"). The acquired\nassets include all of the ownership rights to over 3,200 web site templates\nthat were jointly owned by Hostopia and GFL. Other assets include exclusive\nrights to 1,600 additional web site templates, over 30,000 digital images and\na retail and channel software distribution system for templates currently\npowering the template distribution site Templaterover.com. Hostopia's purchase\nprice for the assets was CAD $247,000.\n\n\nHostopia's chief marketing officer, Paul D. Engels states, "Web site\ndesign is increasingly demanded by small- and medium-sized businesses\nendeavoring to establish an online presence or to improve their existing web\nsites. Consumers and developers alike are finding professionally designed,\npre-built websites speed their time to market and reduce site development\ncosts. Our purchase of web site template business assets from GFL gives us one\nof the world's largest inventories of web site templates and images available\nto communications service providers for sublicense to their customers. The\npowerful search and distribution software is an added bonus that will help us\ndistribute website templates both to service providers and their SMB\ncustomers."\n\n\nHostopia offers more than 4,800 web site templates and 40,000 web-ready\nphoto and business-themed animated images to its customers, who in turn resell\nthese offerings to business owners of web site developers. All but 500 of the\nweb site templates are owned by Hostopia. The remaining number contain images\nlicensed for use by Hostopia's service provider customers and their end-users.\n\n\n"Hostopia has a multi-channel distribution strategy to meet the needs of\nthe SMB market," says Engels. "Our customers can bundle web site templates\nfree of charge with web services that we offer. Alternately they can sell\ntemplates on a stand-alone basis as a profitable product offering that helps\ndrive their web hosting business. Web site designers and developers...