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CEOCFO Monthly Analyst |
Have a seat here!
Web-hosting solutions. Technology 1410 - 555 West Hastings Joseph
Kibur, Interview conducted by: Under
Joseph’s leadership, NetNation has grown dramatically and established strategic
direction both in service offerings and quality of service since its inception in 1997.
NetNation now enjoys the coveted distinction of being ranked among the top ten web hosts
in the world and a leader in Internet domain name registration. Joseph has acquired
many skills, as proven by his multi-lingual abilities, computer programming talents and
athletic achievements. Joseph was the 1993
Canadian Champion in cross-country running and has represented Canada in six international
competitions. Born in Ethiopia, he immigrated
to Canada at the age of eleven. Joseph
completed his Bachelor of Science degree at SFU in 1996. CEOCFOinterviews: Please
tell me about NetNation and what it does. Mr. Kibur:
NetNation
is a Vancouver, British Columbia based web-hosting and domain name registration company. Since inception in 1997, our annual revenues have
increased by 100% or higher, and last quarter we announced record revenues and became one
of the first Nasdaq-listed web hosting companies to achieve profitability. In addition, our reputation for quality service
has resulted in loyal clients in over 130 countries. We
provide the technical tools and expertise businesses need to run their web sites, whether
they are managing information or selling products and services on the Internet. As you
know, in order to achieve a presence online, you first have to create and design a site on
your computer. Then, in order to get service from the Internet you must get service from
the web hosting company. NetNation hosts your web site and puts it on the Internet. We are an infrastructure player in that respect.
We also provide related services such as domain name registration for net names such as www.netnation.com.
Our wholly owned subsidiary, DomainPeople (www.domainpeople.com) is also
the eighth accredited domain registrar in the world, along side companies like
Register.com and Network Solutions which is now owned by Verisign. We
provide three main categories of web hosting. The majority of our business comes from
shared web hosting, where you share space on one server and have the capability for
e-commerce storefronts, basic media and database capabilities. We also provide colocation
services. If you have your own server but do not want to invest in your own infrastructure
and technical expertise to support it, NetNation will provide the hi-speed connectivity,
network infrastructure and technical expertise you need.
Furthermore, you will benefit from a secure environment, complete with everything to keep
a server running, like air conditioning and fire suppressant systems. In addition,
NetNation provides enhanced-dedicated services, best if you have high performance, high
volume web sites that may also require special applications or enhancements. Here,
NetNation provides a server dedicated solely to your needs, allowing more flexibility and
control for web site management. As you can see, NetNation offers solutions for any
clients’ stage of growth. Other
services include application services, where we provide applications such as anti virus,
security and back up services for your web site. We will be expanding these service
offerings as we go along. For example, in keeping with market forecasts, the growing needs
of our core clients, and the maturity of our technical expertise, we will be moving into
the custom and managed hosting arena. CEOCFOinterviews: You
also have the OEM services and products… Mr. Kibur: Sure, these are similar to retail services
except that they are provided through OEM and wholesalers. Some larger companies don't
want to get into web hosting or domain name registration on their own and so they will
partner with a company, such as NetNation, to add hosting and domain name registration
services to their existing core offering. Our
list of partners include MasterCard, Group Telecom, Intel, Sympatico-Lycos and so on. CEOCFOinterviews: How
important are these partners as far as the growth of the company goes?
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