Modwest achieves 90% growth in 2002

Company says explosive growth primarily attributed to customer referrals

Missoula, MT – June 5, 2002 – Modwest Inc., a growing provider of shared and managed hosting services, announced today a near doubling in its customer base thus far in
2002. The company attributes the majority of the explosive growth to customer referrals and existing customer expansions.

“Service enhancements such as spam and virus filtering, as well as the launch of our new managed server plans in December, have definitely contributed to this wave of new
customers. But it’s the full-featured Linux hosting environment and customer service that inspires our customers to spread the word,” said John Masterson, Modwest co-founder and
VP of Business Development.

Through careful planning, studious projections, and minute-by-minute monitoring of all system resources, Modwest has successfully avoided scalability issues common to
companies experiencing high growth rates. Masterson explains, “We have always planned for rapid growth, and an integral part of that plan included building an server
infrastructure that could accommodate seamless load-balancing and ease of system administration.”

The combination of this easy-to-upgrade infrastructure, an aggressive marketing campaign to the open-source hosting market, and a commitment to exceeding customer
expectations adds up to explosive growth for Modwest.

“Our customer signup rates are actually still increasing, with no signs of letting up. It’ll be a wild ride, but we’re prepared. In fact, this rate of growth is exactly as we intended,” says
Masterson.

About Modwest

Modwest is a provider of shared and managed outsourced hosting services. Founded in early 2000 by Internet veterans focused on user interface design, server administration,
web application development, and business management, Modwest specializes in open source platform hosting and development. For more information, visit the company’s
website at http://www.modwest.com.