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Coral Springs, Florida - (Cheap Web Hosting Directory) - July 28, 2006 - Host Depot, a hosting solutions company focused on the SMB sector, announced the developement of its Rollover Bandwidth program and Bandwidth Bank, at this year’s HostingCon 2006.

Designed to help companies manage their web site bandwidth usage as an asset by rolling over unused capacity to the next month, Host Depot estimates that a typical SMB on a shared hosting plan can save over $700 per year, according to a company survey of bandwidth usage rates, fees and expenses.

The Rollover Bandwidth program will accrue unused bandwidth in a special Bandwidth Bank account that companies will be able to automatically utilize in the months that they experience heavy traffic or bandwidth usage. The Host Depot Bandwidth Bank, the first of its kind in the hosting industry, helps companies manage their bandwidth as they would manage cash flow, any other asset, or even unused cell phone minutes. The Bandwidth Bank account will operate under a rolling 12 month cycle. In addition, all existing loyal customers will have two months of bandwidth deposited into their Bandwidth Bank account as a thank you from Host Depot. This offer will also be extended to all new customers for a limited time.

Mark Erskine, President and CEO of Host Depot explained, ”The Rollover Bandwidth program is designed to help small businesses better manage their operations by banking unused bandwidth for future use, much the way any business owner would manage cash or control expenses. We see many companies that underestimate their true annual bandwidth needs by choosing a low-cost plan with limited capacity, only to be hit up for overage fees when they go beyond their bandwidth capacity limits. We believe that our program will quickly deliver positive, demonstrable and bottom-line effects for many SMB web sites especially the e-commerce site on a shared hosting plan.”

The Host Depot Rollover Bandwidth program and Bandwidth Bank is anticipated to directly benefit the nearly 1 out of 2 e-commerce companies that go over their monthly allocated bandwidth limits, according to the Host Depot survey of more than 3,000 SMB e-commerce sites around the country. According to the survey, bandwidth is a wasted asset with 47% of companies incurring overage charges because they used more bandwidth than they contracted for with their hosting company. The average bandwidth overage rate was nearly 20% more than contracted for, with average overcharges of $713.29 per year, with one company in the survey ranking up over $5,500 in overage fees.

Mr. Erskine added, ”On a monthly basis, this means that SMBs are wasting the equivalent of as little as their monthly lunch money to as much as a car payment on their overage charges for their bandwidth. With the Host Depot Rollover Bandwidth program and Bandwidth Bank, these companies would be able to save their unused bandwidth for the proverbial rainy day when they will really need the extra bandwidth, whether that is the holiday shopping season or downloading heavy duty files and images.”

Host Depot estimates that a typical SMB on a shared hosting plan can save over $700 per year, according to a company survey of bandwidth usage rates, fees and expenses. The Host Depot Bandwidth Bank, which, according to the company, is the first of its kind in the hosting industry, was designed to help companies manage bandwidth as they would manage cash flow, any other asset, or even unused cell phone minutes. The Bandwidth Bank account will operate under a rolling 12 month cycle. In addition, all existing loyal customers will have two months of bandwidth deposited into their Bandwidth Bank account as a thank you from Host Depot. This offer will also be extended to all new customers for a limited time.

Mr. Erskine further explained, ”The Rollover Bandwidth program is designed to help small businesses better manage their operations by banking unused bandwidth for future use, much the way any business owner would manage cash or control expenses. We see many companies that underestimate their true annual bandwidth needs by choosing a low-cost plan with limited capacity, only to be hit up for overage fees when they go beyond their bandwidth capacity limits. We believe that our program will quickly deliver positive, demonstrable and bottom-line effects for many SMB web sites especially the e-commerce site on a shared hosting plan.”

Host Depot, Inc. was founded in September of 1997 as a technology company with a focus on hosting and the development of integrated e-commerce solutions tailored for small, medium, and large businesses. Since their inception, they have grown to provide a breadth of new services including Internet access products, web site development, promotional services, and high-end e-commerce hosting solutions. Host Depot’s servers offer high-performance networks, with experienced professionals.

To learn more about Host Depot, please visit: www.hostdepot.com.

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