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For Release: 1st August. 2009

MD Web Hosting has been acquired by Online Growth Solutions Pty Ltd which means MD is exclusively part of the biggest hosting environment in Australia which is exciting news.

Larry Bloch, CEO on Online Growth Solutions, said “We are thrilled to acquire MD Web Hosting. As an accredited auDA Registrar, MD strengthens our strategic position in the Australian domain name market – establishing Online Growth Solutions as the number 1 player in .AU ahead of Melbourne IT. In addition, MD’s large web hosting customer base brings us closer to the number 1 position in the web hosting market – our next strategic goal.”

“Current plans are for ‘business as usual’,” explained Bloch. “All staff will be continuing as normal, but we will be bringing MD’s off-shore outsourced IT and Customer Support services back to Australia. These services will be provided by our in-house award winning, Sydney-based IT and Customer Service operation. Once complete, customers will only ever deal with Australian based operators.”

The acquisition will only improve MD's position as a premium supplier of high availability hosting with cost efficiency in mind.

Netregistry was founded in 1997 with a mission to deliver best of breed online products and services to the Australian SME market. Its world class infrastructure and global award winning customer service operation underpin the rapid growth that has seen it become the largest provider of Australian domain names and associated services, with over 250,000 Australian businesses serviced daily. www.netregistry.com.au