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ExciteFX announces acquisition of web software company KIHC
Orlando, Florida, April 23, 2005 - Orlando Web Design company ExciteFX, a leading supplier of Web Design and Online Media services, is pleased to announce today the acquisition of KIHC, a web software company in Houston Texas, for an undisclosed amount.
The acquisition of KIHC is part of ExciteFX's investment program in its Internet activities. It significantly strengthens ExciteFX's ability to develop its web activities and its strategy of developing Internet services to support small business and online retailers.
KIHC provides website software and interface design and production for a wide range of clients in the retail marketplace and has worked on a number of projects with ExciteFX in the past. This included the creation of the McGruff educational web site.
Jason Clendenin, President of ExciteFX, commenting on the acquisition, said:
"This is a really exciting acquisition for ExciteFX. It builds on our position in the hosted software market place and enables us to develop deeper Internet solutions for small businesses. With the growing focus on broadband and web content, our ability to offer the best content creation and management services is vital and in line with our long-term ExciteFX Internet strategy.
We will continue to look at ways in which we can strengthen our business, particularly in offering innovative and exciting internet related products and services to the educational market."
About ExciteFX
Founded in 1999, ExciteFX is a leading website design and web systems development firm that helps companies leverage their online presence to gain real business advantage. Located in the Orlando, Florida area ExciteFX provides end-to-end technology for top corporations. Recent ExciteFX clients include Star Getaways, WP Urology, Microsoft Axacta, and Gotcha. More information is available at www.ExciteFX.com.
For more information, contact:
J. Clendenin
ExciteFX
321-206-4159 phone
407-388-2836 fax
http://www.ExciteFX.com