INetU Managed Hosting Announces Investment by BV Investment Partners to Drive Future Growth

INetU was founded in 1997 and is headquartered in Allentown, Pa. INetU has established a leading reputation in the enterprise market by delivering highly reliable and flexible managed and cloud hosting solutions to businesses globally. The Company supports many mission critical websites and applications across numerous sectors including E-Commerce, healthcare, financial services, software as a service (SaaS), education and government.

said Dev Chanchani, President and CEO. INetU has been a profitable and growing managed cloud and hosting provider serving some of the world's best-known enterprises for over 15 years.

Louis V. Bertocci , a Managing Director at BV, said,

Matthew J. Kinsey , a Principal at BV, noted,

Dev Chanchani will continue as President and CEO and will remain a significant shareholder in the company. Customers will see no changes in the way they interact with the company or the staff. concludes Chanchani.

Louis Bertocci and Matthew Kinsey have joined INetU's Board of Directors.

INetU, Inc. is a leading managed hosting and cloud services provider delivering secure, high performance and reliable hosting for businesses worldwide. INetU expertly provides compliant solutions for E-Commerce, healthcare, financial services, SaaS and more delivered by experienced complex hosting experts. With domestic and international datacenters, INetU has the global reach to support even the most complex hosting environments. INetU is PCI, SSAE 16/SOC 1, SOC 2/3, ISAE 3402 and Safe Harbor compliant and provides HIPAA guidance and assurances. Please visit www.inetu.net for more information.

BV Investment Partners is currently investing its eighth private equity fund. The firm is one of the oldest and most experienced sector-focused private equity firms in North America . Since its founding in 1983, the firm has invested over $2.6 billion in 80 companies, actively targeting investments in the information and business services and communications industries. For more information, please visit www.bvlp.com.