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Tidal Media Group Acquires Harbour Light's Web Hosting Operation
200+ Hosting Customer Accounts Transferred in Deal
Portsmouth, NH (PRWEB) August 5, 2004 -- Tidal Media Group and Harbour Light Strategic Marketing today announced their agreement to transfer approximately 200 web hosting accounts to Tidal Media. The move was announced to the affected customers late last month and took place over the past several weeks. The financial terms of the transaction were not disclosed.
Bill Savoie president of Harbour Light Strategic Marketing commented: "Harbour Light Strategic Marketing has been experiencing strong growth by focusing on implementing ROI-driven strategic marketing programs to an increasing client base. For this reason, we are happy to be transitioning the web site hosting portion of our business over to Tidal Media Group. This move allows us to continue to add staff and capacity to better serve our clients strategic marketing and communication needs. This marks a meaningful change for both our companies."
The acquisition also makes perfect sense for Tidal Media as an Internet services firm. Tidal co-founder Ryan Roskilly noted, "We have enjoyed a great non-competitive relationship with HL over the years, and when this opportunity arose, it was an easy deal to make on both sides. With this increased recurring revenue, we can continue to self-finance our growth. And as a one-stop web shop, it allows us to cross-sell and up-sell hosting customers with the development, design, e-commerce, and the other services they'll need going forward."
The transfer includes well-known web domains from throughout the region, including those of the Balsams Resort, Wentworth by the Sea Country Club, Sheraton Harborside Hotel, Destefano Architects, Portsmouth Historical Society, and Strawbery Banke Museum, among others. Tidal Media co-founder Kim Egonis noted that the company will continue to offer discounted hosting for non-profits, as Harbour Light has done for many years. "We feel strongly that it's important to support our community and, through this deal, we're looking forward to becoming even more involved in the local community," she remarked.
Tidal Media, which already maintained dozens of hosting accounts for its pre-existing clients, is also upgrading the equipment and infrastructure at its data center to maintain a high level of quality service and reliability. Hosting packages start at $29 per month and dedicated servers are available upon request.
About Harbour Light Strategic Marketing, LLC
Harbour Light Strategic Marketing is a full-service strategic marketing and communications firm located in Portsmouth, New Hampshire. Harbour Light's award winning creative and technical solutions have helped such clients as the National Commission Against Drunk Drivers, American Traditional, Ski New Hampshire, Wentworth by the Sea Country Club, Strawbery Banke, Timberland, the Stone Church, Lamprey Brothers and The Balsams. Known for its community involvement, Harbour Light was recently named Business of the Year by the Greater Portsmouth Chamber of Commerce. For more information, visit www.harbourlight.com
About Tidal Media Group of Portsmouth, LLC
Located in historic Portsmouth, New Hampshire, Tidal Media Group of Portsmouth, LLC, is a full-service web design and application development firm. During their careers in the Internet services industry, founders Kim Egonis and Ryan Roskilly have provided web development services to numerous international firms such as Lindt Chocolate, Symantec, Pak2000, Thalus, and Timberland, as well as local establishments including Actio Corporation, Coat of Arms British Pub, Iguana Division, Snuffbox.com, and L.M. Nelson Group, to name a few. Tidal Media's numerous industry awards include recognition from the NH Internet Awards, and its full suite of services includes web application development, hosting, technology integration, creative services, advice and training.
Press Contact: D. Scott Campbell, DSC&A Public Relations
E-mail: press@tidalmediagroup.com Phone: 603-512-8405
Tidal Media Group, 1 Middle St., Portsmouth, NH 03801
Phone: (603) 766-4680; Fax: (603) 766-6765
Web: www.tidalmediagroup.com
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