Intermedia Eliminates Cost of Switching to Hosted Microsoft Exchange to Help Businesses Weather Credit Crisis

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Free Account Set Up and First Month's fees waived on all Intermedia hosted Exchange solutions while Dow Jones Industrials Average remains below 10,000

Intermedia's program is designed to help businesses of any size gain access to the benefits of enterprise-class messaging and collaboration solutions they would not be able to procure without financing, without any upfront investment

Intermedia, the leading provider of collaboration and productivity SaaS solutions, today announces the immediate availability of its Dow Jones 10,000 program, which offers free account set up and one month of free service to any new hosted Exchange customers until the Dow closes above 10,000. Intermedia's special program comes in direct response to the pain businesses have recently experienced trying to secure funding or lines of credit for capital expenditures, such as new hardware and software used to manage and promote company growth.

Many businesses acquire on-premise technology, including hardware and software, through a bank loan, line of credit, or capital lease. With the current economic crisis, access to financing for these types of purchases has become increasingly difficult. For both technological and business reasons, Intermedia firmly believes that many businesses are better served, both in the near- and long-term, by hosted solutions.

"Intermedia's program is designed to help businesses of any size gain access to the benefits of enterprise-class messaging and collaboration solutions they would not be able to procure without financing, without any upfront investment," said Intermedia CEO Serguei Sofinski. "Our month-to-month contracts give businesses the flexibility they need to add and remove services on-demand, without any risky long-term investments."

Intermedia's program, available immediately, offers businesses free set up, and one month of free service on all of its small business and enterprise shared hosted Exchange SaaS plans. This program will remain active until the Dow Jones Industrials Average reaches a weekly average of 10,000, or until December 31, 2008, which ever event comes first. Customers may learn more by visiting http://www.Intermedia.net/Dow10000

About Intermedia:
Intermedia is the leading software as a service provider specializing in messaging and collaboration solutions. More than 25,000 small and medium-sized businesses trust Intermedia to manage their business email and host their Web sites. A SAS 70 Type II certified, Microsoft Gold Certified Partner, Intermedia is committed to best-in-class service and ease of management for businesses that depend on MS Exchange and the ecosystem around it. Intermedia is headquartered in New York, NY with offices in Sunnyvale, California, London, England and St. Petersburg, Russia. For more information, visit http://www.intermedia.net.

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Kristin Maverick
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