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Black Lotus Communications Corporation has been acquired by Net Sentry Corp, LLC.

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Old 06-24-2004, 11:54 PM
IRCCo Jeff IRCCo Jeff is online now
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Black Lotus Communications Corporation has been acquired by Net Sentry Corp, LLC.


FOR IMMEDIATE RELEASE

Shaun Gregory
Net Sentry Corp, LLC
V: (804) 723-3813
F: (877) 840-7671
shaun@net-sentry.net
http://www.net-sentry.net
http://www.blacklotus.net

Black Lotus Communications Corporation has been acquired by Net Sentry Corp, LLC.

Richmond, VA, June 24th, 2004 - Net Sentry Corp, LLC has acquired Black Lotus Communications Corp (both incorporated under the laws of Delaware) in a six-figure buyout which commenced on Tuesday, June 22nd.

Jeffrey A. Lyon (jeffrey.lyon@net-sentry.net) has resigned from BLCC's Board of Directors and accepted a position as VP of Sales and Marketing at NSC. Mr. Lyon holds an Associate of Science (Cum Laude) from Richard Bland College, Petersburg, VA, and is candidate to a BBA Operations and Information Systems from the College of William and Mary, Williamsburg, VA. He brings to NSC over eight years experience in operations and several years experience in sales, marketing, finance, and venture capital.

NSC has agreed to acquire the Tempe co-location facility at Limelight Networks and to continue operating BLCC as a leader in IRC hosting solutions while leverging its current infrastructure as a Tier 2 carrier. Both companies report no substantial changes to BLCC's direction, methodology, and pricing strategies. BLCC and NSC are able to leverage synergies in the areas of network engineering, efficiency in IP allocation, and greater economies of scale.

ABOUT - Black Lotus Communications Corporation was incorporated in 2000 and currently maintains agency in both the state of Delaware and the Canadian province of Ontario. The company's holdings include Black Lotus: A server co-location, dedicated server, and local transit provider and AuroraLink: A web hosting and FreeBSD shell account provider.

Net Sentry Corp, LLC was incorporated in 2003 and offers cost effective, secure bandwidth and co-location solutions in Los Angeles, Phoenix/Tempe, Dallas/Ft. Worth, and Richmond, VA markets. NSC focuses on cutting edge security solutions for enterprise clients.

END

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