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Pittsburgh, PA – Liberated Syndication, Inc. (OTCQB: LSYN) (“Libsyn”) announced today that it closed its acquisition of Internet hosting company Pair Networks, Inc. (Pair) on December 27, 2017. Libsyn paid $13.5 million in cash and issued 1,579,613 shares of restricted common stock valued at $2.5 million to acquire 100% of Pair. The combined businesses represented approximately $23 million in annual revenue and approximately $7 million in EBITDA for 2017.

“We are very excited about the opportunities that come from combining these two great, long standing, Pittsburgh-based companies,” said Chris Spencer, Libsyn CEO. “We have tremendous confidence in Pair’s leadership and employees and we intend to fuel revenue growth for the combined entities through sales and marketing investment, cross selling new and existing hosting products and streamlining network computing infrastructure.”


In order to finance the transaction, Liberated Syndication borrowed $10 million under a newly established Senior Secured Credit Facility (the “Bank Facility”) with First Commonwealth Bank, which also was closed on December 27, 2017. Borrowings under the Bank Facility are at variable rates which are, at the borrowers’ option. As of December 27, 2017, interest is set at LIBOR (London Interbank Offered Rate) plus 175 basis points, or 3.44%.

Pittsburgh-based Capital Foundry, LLC acted as advisor to the Company and Arranger for the Bank Facility.

As of December 31, 2017, the combined companies had approximately 82,000 monthly subscribers for hosting services. Management believes there are many cross selling opportunities including website and blog hosting services for podcasters, full-service WordPress solutions for website and blog development, domain name registration and hosting, as well as co-location hosting services for larger podcast networks, an area of significant potential growth in the podcasting industry.

“Podcasts are expected to continue to grow in popularity and have become an integral part of brand strategy along with websites, blogs and social media outlets. Pair’s hosting, domain and WordPress offerings are the tools podcast producers look for to develop online strategies to extend their reach,” said Laurie Sims, Libsyn President. “Libsyn is often seen as a media company because of the type of content we host, but we are fundamentally a hosting platform. We have a lot of synergy with Pair and understand the monthly subscription business model. We are thrilled to add the Pair team, its reliable infrastructure and world class support they provide.”

Additionally, Libsyn management believes there are growth opportunities to be had by capitalizing on Pair’s vast computing infrastructure, cloud based hosting services
and utilizing Pair’s highly regarded customer support team. Focused cyber security services is another area of additional revenue growth potential given recent threats and limited expertise for small and medium-sized businesses.

Management plans to host a shareholder conference call during the first quarter of 2018 to outline its plans for the combined companies in greater detail.

About Liberated Syndication
Liberated Syndication (Libsyn) is the world’s leading podcast hosting network and has been providing publishers with distribution and monetization services since 2004. In 2016 Libsyn delivered over 4.59 Billion downloads. We host over 3.2 Million media files for more than 35,000 podcasts, including typically around 35% of the top 200 podcasts in iTunes. Podcast producers choose Libsyn to measure their audience, deliver popular audio and video episodes, distribute their content through smartphone Apps (iOS, and Android), and monetize via premium subscription services and advertising. We are a Pittsburgh based company with a world-class team. Visit us on the web at www.libsyn.com.

About Pair Networks
Pair Networks, founded in 1996, is one of the oldest and most experienced Internet hosting company providing a full range of fast, powerful and reliable Web hosting services. Pair offers a suite of Internet services from shared hosting to virtual private servers to customized solutions with world-class 24×7 on-site customer support. Based in Pittsburgh, Pair serves businesses, bloggers, artists, musicians, educational institutions and non-profit organizations around the world. Visit us on the web at www.pair.com.

Capital Foundry
Capital Foundry, LLC, is a Pittsburgh-based investment bank with a focus on small to medium sized enterprises. The bedrock of Capital Foundry is the deep and varied experience of its people, and the businesses the leadership team has helped to grow and transform.

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Miami, FL – ColoHouse Data Center, leading colocation provider and second most connected facility in Florida, announces the acquisition of one of their largest and longtime partners, Netrouting. Netrouting offers an extensive selection of colocation, managed cloud hosting, internet and metro services, as well as operates and owns two data centers in The Netherlands and several other Points of Presence in the US, Europe, and Asia.

“Our customers have always been our best market indicators in terms of product development and market trends. At ColoHouse, we could not be more excited to be acquiring Netrouting and to provide modern-cloud based alternatives, hybrid colocation options world-wide, and a full suite of managed IT services, including hosting and bandwidth,” says ColoHouse CEO, Paul Bint. “our customer feedback positions us at the top of the market in terms of service and value with a Net Promoter Score (NPS) of 73 in 2017. With the addition of Netrouting, we look forward to attracting more global customers with a full service offering paired with our world-class support.”


Netrouting is a comprehensive internet service provider with offices in The Netherlands and Miami, FL. Netrouting offers hosting and internet services out of some of the most prestige cyber cities in the world, such as Amsterdam, Frankfurt, Miami, New York and Hong Kong. Started in 2007, CEO and Founder of Netrouting, Savvas Bout, was quickly able to adapt and grow his business across borders to stay competitive and innovative in the ever-evolving IT landscape.

“I couldn’t be more thrilled,” says Netrouting CEO, Savvas Bout. “At Netrouting , we have always been about moving forward, about taking that next step. It is that ambition and drive that took us to expand globally – from Amsterdam to Stockholm, on to Miami and the rest of the world. The joining of our 2 companies will further strengthen our position as a global solutions provider and expand our reach into different markets.”

Savvas Bout will be joining the ColoHouse team as Chief Technology Officer and his staff will also be joining the organization.

The acquisition has been finalized and company integration plans will be executed over the course of 2018.

About ColoHouse
ColoHouse is leading provider of colocation services and is the second most connected facility in Florida. Focused on delivering quality infrastructure, services and support, Colohouse gives their customers the ability to allocate more resources toward their core business. Incorporated in 2007, ColoHouse strives to provide world-class support and top of the line facilities to ensure we can satisfy small businesses to global enterprises alike.

About Netrouting
Since founded in 2007, Netrouting has been committed to creating the new standard in the fast-evolving world of hosting. Over the years, Netrouting has grown into a premium hosting provider with datacenters in The Netherlands, Sweden and the United States. Netrouting’s goal has always been to make hosting accessible to everybody. With an experienced and knowledgeable team, Netrouting has been devoted to make technology work for their clients. Working every day to fulfill the mission critical IT demands and challenges of companies at a fair price.

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Overland Park, KS – Codero Holdings, Inc. (Codero), a leader in managed hosting services and technology enablement, today announced that it has joined the Amazon Web Services (AWS) Partner Network as a Standard Consulting Partner and Channel Reseller.

AWS is a leading force for the IT industry, providing a flexible and affordable route to the cloud for organizations of all sizes. Managing AWS to maximize the benefits of using the platform for specific needs can be a challenge for companies who do not have in-house AWS expertise. With its many years of demonstrated expertise in hosting cloud solutions and its AWS-certified team members, Codero is well-positioned to help guide customers and ease their transition to AWS.


“Working with AWS allows us to develop and deploy first-rate cloud services for companies of all sizes,” said John Martis, CEO of Codero. “Joining the AWS Partner Network further demonstrates our pledge to our customers to provide the highest performance and the best possible managed service options for the most optimum business outcomes.”

About Codero
Codero is a managed hosting and technology enabler that facilitates the adoption and use of advanced and custom cloud solutions. A provider of managed, dedicated, and hybrid multi-cloud services, backed by exceptional customer service, Codero serves over 3,500 customers worldwide. Codero offers a portfolio of custom hosting and technology solutions focused on the specific needs of small and medium businesses and community anchor institutions. Codero helps customers and partners live and thrive in the cloud. Learn more about Codero at http://www.codero.com.

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NEW YORK – Ubersmith, an INAP (NASDAQ: INAP) company and a global leader in subscription business management software, today reported another year of progress, including the addition of new customers in 2017 such as Challenger Broadband, Cytranet, Dikaio Design, Element Critical, Evocative, Micro Logic, Micron21, Nodes Direct, ServOnDemand and Voxtell. Demonstrating global demand for Ubersmith’s product, the new customers are based in the U.S., Canada, Brazil, the U.K., United Arab Emirates, China, South Korea and Australia.

Ubersmith is defining a new category called ‘subscription business management’ where customers have a single software suite for billing and related functionality. That is enhanced with Ubersmith’s partner network that delivers complementary payment processing, technologies and services.


“Companies everywhere are looking for ways to transition from traditional billing to recurring billing models that are often based on consumption, and Ubersmith is delivering a product which excels at these types of billing for SaaS companies, service providers and enterprises of all sizes,” said Kurt Daniel, president of Ubersmith. “Now, we’ve got in place new features and an expanded ecosystem of partners with complementary technologies and services that companies anywhere in the world can leverage.”

Product Enhancement
In terms of product development, Ubersmith introduced a hosted version of its software suite so that customers have the convenience of accessing the software without having to install and maintain it on-premises, which reduces their operating costs. This provides customers the option to use either the hosted version or their own version of Ubersmith software on-premises in their data center.

Additional product features added during the year include: an advanced usage-based billing framework; enhanced SureTax integration; self-service trial and installation of Ubersmith’s software suite; an enhanced user interface; and enhanced support for smartphones and tablets. The team also added a new testing partner to complement internal testing of future releases.

Business Expansion
To help better serve its customer base, in 2017 Ubersmith launched its first formal partner program with Authorize.net, Braintree, eBridge Solutions, GlowTouch, R1Soft, Schneider Electric, Thought Engineer, Vantiv, Virtuozzo and Wipro added as new partners.

With additional hires in sales, product marketing and business development to support customers and partners, the company grew and moved to a larger headquarters office in midtown New York City next to Bryant Park.

Ubersmith also participated in industry events, including 451 Research Group’s Hosting & Cloud Transformation Summit, HostingCon, IMN Data Center & Cloud Services Forum and, for the first time, sponsored WHD.global in Germany and Cloud Expo Asia in Singapore.

About Ubersmith
Ubersmith is a global leader in subscription business management software for organizations of all sizes. The company’s suite of usage-based billing, quoting, order management, infrastructure management and help desk ticketing solutions is integrated, open and scalable. Hundreds of companies around the world rely on Ubersmith to better serve their customers, better run their businesses, shorten time-to-market and boost overall efficiency. For more info, please visit https://ubersmith.com.

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HONG KONG – LayerStack, an Infrastructure-as-a-Service (IaaS) provider, today announced an expansion in Japan with the launching of its fourth datacenter in Tokyo. The company, which offers multi-region data center selections with premium global network, has invested huge amount of resources in cloud infrastructure and platform for further cloud developments and enhancing customer experience. Its technologies have enabled great variety of business globally, from start-ups to multinational companies.

Japan as a critical economic hub in APAC region, plays an important role to LayerStack strategical expansion with the additional cloud capabilities. This new data center is expected to widen the “Cloud Coverage” of Japan, Hong Kong, Mainland China, South Korea, Singapore and the U.S. (West Coast) which ensure users enjoying seamless cloud experiences. This also allows users to split critical workloads and data across preferred regions for achieving higher availability.


LayerStack has been steadily increasing its investment in APAC regions including Tokyo, Hong Kong and Singapore to serve its growing base of customers. In the future, LayerStack’s data center footprint will continue to expand around the world.

About LayerStack
LayerStack is an IaaS provider leveraging on hardware and networks to provide stable and high performance cloud solutions launched by Pacificnet Hosting Limited. LayerStack offers cloud solution from Hong Kong and Singapore Datacenters to SME, government, agencies, and major listed companies across Asia Pacific, Europe and the rest of the world.

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The recently discovered set of malicious actors (Spectre and Meltdown) which affect almost all the computing and mobile devices around the world, have created a buzz among the tech companies. As reported by Google Project Zero, Spectre and Meltdown vulnerabilities can be injected through the JavaScript code running in browser. It enables the attackers to read the system memory in CPUs including the ones from Intel, AMD, and ARM. Attackers can read sensitive information in the system like passwords, encryption keys, etc. It was also found that if any virtual machine (VM) is attacked, the physical memory of host machine too can be accessed. Further, the attacker can access the memory of all the VMs running on same host. Variants of attack: Variant 1: bounds check bypass Variant 2: branch target injection Variant 3: rogue data cache load As per the researchers, the Variant 1 and Variant 2 take place by mounting Spectre vulnerability, while Variant 3 by Meltdown. The Meltdown enables the…
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