Alentus to Focus on the Small and Medium Business Enterprises for Growth

Web hosting provider Alentus is planning to focus on small to medium-sized businesses as a strategy for growth. This revelation was made after the company received many inquiries regarding its growth strategy, both from current and potentially new investors.

The company plans to focus its energy and resources with specific emphasis on small to medium business customers in the North American market. The company plans to sell products and services that add value to these businesses with a concentration in areas that would help them to gain new customers and increase their profits. The areas in contention include Internet based advertising such as search engine optimization and optimizing the Internet related concerns of their businesses like e-commerce and website development. The company would also extend mobile solutions as the mobility trend is picking up momentum. Alentus has entered into a letter of intent with a view to acquire a patented link building application service that the company is planning to introduce, to integrate their product lines across markets suitable to each customer base. The growth would be achieved through organic growth and acquisitions. The new strategy, products and services would generate higher profits and provide a highly integrated and valuable solution to their customers.

The company is in the process of converting $1.7 million of their debt obligations into equity by selling $1 million in new company equity.

Date: Friday January 14, 2011