Rebel Networks Reaches Significant Account Base Milestone
06 Juillet 2011 - 3:00PM
Rebel Networks, the wholly owned operating subsidiary of American
Diversified Holdings Corporation (Pink Sheets:ADHC) announced today
that first half revenue grew by 26% and customer base grew by 19%
over first half of 2010. Rebel Networks today hosts and manages
over 10,000 websites, and handles over 50,0000 email accounts from
companies in 26 countries around the world.
Rebel Networks stated that this is the typical small business
customer that is coming to us on a regular basis. The Company has
had 25% consistent growth in the first half of 2011 and is expected
to continue at that pace for the rest of the year.
In 2012, Rebel Networks expects growth to continue but at a more
aggressive rate of 30%. Domenic Macchione, President and CEO,
stated, "We have built the cloud infrastructure to handle well over
1000 customers, and within 90 days, our expanded owaCLOUD will be
able to easily handle over 100,000 hosted accounts and services."
Rebel Networks have stated that they should achieve revenue to
exceed 1 million dollars in 24 months through organic growth and
expansion of our services. We also expect to maintain a 25% EBITDA
on our revenue, even though our growth rate is accelerating.
Rebel, through its parent, ADHC, will also embark on a strategic
acquisition program to attain growth and market share and expects
further disclosures regarding this strategy as events unfold.
About Rebel Networks
Rebel Networks today hosts over 10,000 websites, email accounts,
domain names, and online services to companies in over 35 countries
around the globe. Their customer base is mostly small and medium
businesses, but they also have blue chip accounts such as HSBC,
Ferrari Racing, Research in Motion and Workers Compensation
Board.
Rebel Networks is a leading provider of outsourced Internet
infrastructure and related managed web solutions. Rebel Networks
services include the provision of self- managed and fully managed
dedicated servers, unmanaged collocation services, domain names
services, Web Design, Application Development, & shared web
hosting solutions. Rebel Networks deploys secure, scalable, high
performance business solutions to customers ranging from small,
emerging businesses to large, and enterprise corporations. For more
information visit: www.REBELNETWORKS.com
About American Diversified Holding Corp
American Diversified Holdings Corporation (Pink Sheets:ADHC) is
a publicly traded Company headquartered in Del Mar, California.
ADHC is developing a unique software platform for the Mobile Health
Care Market as the medical profession gears up to go electronic for
Electronic Health Records (EHR) and also for direct patient
monitoring and information. ADHC's EHR and mHealth.
This press release contains forward-looking statements pursuant
to the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. These statements include risks and
uncertainties that may cause the company's plans to change and are
in no way intended to guarantee that the company will be successful
in executing its plans. American Diversified Holdings common stock
currently trades on the over-the-counter "Pink Sheets" under the
symbol ADHC. This press release in no way constitutes any
recommendation regarding the securities of ADHC or its affiliates.
Any person reading this press release is advised that this release
should be considered in the light of all facts and circumstances
regarding the business and financial condition and prospects of
ADHC, and no inference has been made that this release contains all
such information.
CONTACT: ir@americandiversifiedholdings.com
American Diversified (PK) (USOTC:ADHC)
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