UK2 Group Acquires Virtual Internet

Leading web hosting organisation UK2 Group (www.uk2group.com) are pleased to announce the successful acquisition of Virtual Internet (UK) Limited (www.vi.net).

The acquisition of VI.net is a strategic fit for growing UK2's footprint in the UK market, but will offer the opportunity to build the VI.net service in both the UK and the US. The VI team have created a company with an unparalleled level of service in their market.

Peter Rees, outgoing Managing Director of VI.net remarked, "Our business has been built on delivering outstanding customer service through a highly motivated team of exceptional people. I am confident that the acquisition by UK2 will allow the customer to feel confident about VI's future going forward and will offer the team the opportunity to build the business into a market dominating brand."

Martin Baker, Managing Director of UK2.net and now VI.net also commented, "I am very pleased that we have been able to complete this important acquisition and can assure the VI.net customers that we intend to continue to deliver the products and service levels they associate with VI.net. I have been very impressed with the VI team and am looking forward to working with them to build the business in the UK and the US."

UK2 Group will continue to operate VI.Net as a separate brand focused on the Public and Corporate Sector.

In the first quarter of 2009 a new cloud service called VPS.net (www.vps.net) will be launched across the UK2 group. VPS.net is expected to be an extremely important and valuable addition to the VI.net portfolio for both existing and new VI.net customers.