Deluxe Closes Aplus.net Acquisition
03 August 2009 - 11:55PM
PR Newswire (US)
Transaction Expands Small Business Web Services Customer Base ST.
PAUL, Minn., Aug. 3 /PRNewswire-FirstCall/ -- Hostopia.com Inc., a
unit of Deluxe Corporation (NYSE:DLX), closed the previously
announced acquisition of the shared Web services customer assets of
Abacus America Inc., doing business as Aplus.net, effective July
31, 2009. The transaction brings more than 80,000 small business
subscribers of shared Web hosting, hosted e-commerce stores,
managed e-mail services, domain name registration and a variety of
Web site management applications to the Deluxe customer base. "We
are looking forward to providing upgraded offerings and enhanced
Web services for Aplus.net's shared hosting customers. Services
will include: mobile messaging, logo design, social networking for
business, e-commerce, Web site design, e-mail marketing and other
promotional materials that help small businesses get and keep
customers," said Colin Campbell, president of Hostopia. About
Deluxe Corporation Deluxe Corporation is a growth engine for small
businesses and financial institutions. Through its industry-leading
businesses and brands, the Company helps small businesses and
financial institutions attract and retain customers. The Company
employs a multi-channel strategy to provide a suite of life-cycle
driven solutions to its customers. In addition to its personalized
printed products, the Company offers a growing suite of business
services, including logo design, payroll, web design and hosting,
business networking and other web-based services to help small
business grow. In the financial services industry, Deluxe sells
check programs and fraud prevention, customer loyalty and retention
programs to help banks build lasting relationships and grow core
deposits. The Company also sells personalized checks, accessories,
stored value gift cards and other services directly to consumers.
For more information about Deluxe, visit http://www.deluxe.com/.
About Aplus.net One of the industry's longest-running Web hosting
and Internet services providers, Aplus.net specializes in helping
small businesses build an online customer base with a comprehensive
range of services that includes Web design, shared hosting, online
marketing, e-commerce, domain name registration, managed services
and more. Following the sale, Aplus.net will continue to focus on
growing and expanding its mid-to-large enterprise-managed hosting
services. The growth private equity firm Catalyst Investors is a
majority stakeholder in Aplus.net. Catalyst employs a rigorous
research focus to identify investment opportunities in companies
that exhibit strong revenue and margin growth. For more information
about Aplus.net, visit http://www.aplus.net/. For more information
about Catalyst Investors, visit http://www.catalystinvestors.com/.
DATASOURCE: Deluxe Corporation CONTACT: Investors, Terry D.
Peterson, VP, Investor Relations and Chief Accounting Officer of
Deluxe Corporation, +1-651-787-1068, or for all other information,
Paul D. Engels Executive VP of Hostopia, +1-416-883-6706 Web Site:
http://www.deluxe.com/ http://www.aplus.net/
http://www.catalystinvestors.com/
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