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DULLES, VA – ParkMyCloud, the leading enterprise platform for continuous cost control in public cloud, announced today that it has released SmartParking(TM) for automated cloud cost optimization. The ParkMyCloud platform helps Amazon Web Services (AWS), Microsoft Azure, and Google Cloud customers save money on cloud resources by automatically integrating cost control into their DevOps processes. ParkMyCloud saves money by scheduling cloud resources to turn off when they are not needed – which they call “parking”.

With the new SmartParking release, the ParkMyCloud platform will look for patterns in utilization data from AWS CloudWatch, and create recommend schedules for each instance to turn them off when they are typically idle. This minimizes idle time to maximize savings on cloud resources – saving customers 65% or more.


“No other cloud management vendor is doing this,” said ParkMyCloud CTO Bill Supernor. “This new layer of automation takes cost optimization a step further than most tools go, from visibility to actionable, evidence-based scheduling, for maximized cost savings with minimal employee time needed to manage it.”

Like an investment portfolio, users can choose to receive SmartParking schedules that are “conservative”, “balanced”, or “aggressive” — where conservative schedules protect all historic “on” times, while aggressive schedules prioritize maximum savings.

“ParkMyCloud has helped my team save so much on our AWS bill already, and SmartParking will make it even easier,” said ParkMyCloud customer Tosin Ojediran, DevOps Engineer at a FinTech company. “The automatic schedules will save us time and make sure our instances are never running when they don’t need to be.”

This release supports SmartParking for AWS resources, with near term plans to add Azure and Google Cloud SmartParking support as well.

About ParkMyCloud
ParkMyCloud is a SaaS platform that helps enterprises optimize their public cloud spend by integrating cost control into their DevOps processes and automatically reducing resource waste — think “Nest for the cloud”. ParkMyCloud has helped customers such as McDonald’s, Capital One, Unilever, Avid, and Sage Software dramatically cut their cloud bills by up to 65%, delivering millions of dollars in savings for customers using Amazon Web Services, Microsoft Azure, and Google Cloud Platform. For more information, visit http://www.parkmycloud.com.

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WordPress has been democratizing the web for around fifteen years now. It delivers the most flexible blogging experience, and is so easy to learn that even a beginner can work on it. Released in 2003, WordPress is the website content management system (CMS) which powers over 30 percent of the entire web. It provides access to thousands of free plugins and themes, using which you can design your website and add powerful features. If you use WordPress for some hobby, then free account is fine for you. But if you have an established website, and have regular heavy traffic, then you may face some downtime. Also, the webpages will take long to load. Since you need to ensure a lot of things to keep your website running, including the content, design, social media, marketing, and a lot more things, WordPress management may become cumbersome in the long run. But you need not worry. To overcome these challenges, many hosting providers now provide managed WordPress hosting. What is managed…
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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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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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For 17 years the WHIR has published news, insights and thought leadership around web hosting, cloud computing, security, e-commerce and data centers. In many ways, we grew up with the industry. We followed small startups as they grew into billion-dollar companies and we chronicled web hosting prodigies as they moved from dorm rooms to data centers. Later, we marveled as millions migrated workloads to the cloud in a massive shift from on-premises infrastructure.
For many of us, the WHIR was the ride of a generation. But like all adventures, this one has come to an end. Today is the last day of publishing on the WHIR. What is more, our local WHIR networking events will cease.
For the past five years as editor of the WHIR, I have had the pleasure of engaging readers and supporters of this fantastic website. I enjoyed learning about the successes you have achieved in your businesses, and admired the many challenges you have overcome, including the rapidly changing market that is brimming with competition and churn.
As your businesses evolve, we believe that your information and events needs are better served through other brands in our Informa portfolio. This includes Web Hosting Talk, Channel Futures and Data Center Knowledge. If, for example, you seek detailed analysis of web hosting business and technology, then Web Hosting Talk will provide you the peer engagement and information you need. Likewise, Channel Futures is a place you can trust to give you the latest on technology
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Japanese web hosting company GMO Internet is offering to pay part of its employees' salaries in bitcoin, in part to improve understanding of the cryptocurrency within company ranks, the Guardian reports.
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