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Hostopia Announces Resignation of Chairman

14th February 2007

Informs that John Nemanic has resigned from the post of Chairman and Director of the company to pursue other opportunities.

Hostopia.com Inc., a web hosting provider, on February 13th, 2007, announced the resignation of John Nemanic as Chairman and as a Director of Hostopia, effective February 9, 2007. Mr. Nemanic advised Hostopia that he wished to devote more time to other opportunities.

He commented, "It has been my great pleasure to have worked with Hostopia since its inception. I leave with the firm conviction that Hostopia will continue to excel in all respects, and I have great confidence in the management teams ability to execute Hostopias strategic plan."

Colin Campbell, Chief Executive Officer of Hostopia, stated, "We thank Mr. Nemanic for the time he devoted to Hostopia and wish him continued success in his future endeavors."


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