C I Host, Inc., a provider of web hosting and data center services,  recently announced the introduction of their 'Name Your Own Price' program for its shared, dedicated and colocation hosting customers.

C I Host claims that this program enables customers to set the price of their dedicated server, colocation package or shared web hosting account. To qualify for the program, customers must pay 12 months in advance and if they aren't satisfied with the network or service levels they can cancel within 30 days and receive a refund. The customers can register online, specify a price and the company will respond whether the offer has been accepted or declined within 24 hours.

"We want to help individuals and businesses make the most of their dollars," said Christopher Faulkner, CEO of C I Host. "Our 'Name Your Own Price' program gives the ability to control their finances and allocate their resources the way they see fit."