NEWPORT BEACH, Calif., July 6 /PRNewswire-FirstCall/ -- InDigiNet, Inc., (OTC Bulletin Board: IDGE - News), a provider of managed communication solutions for Small to Mid-Size Enterprises (SMEs) in the United States, is pleased to provide a snapshot of its merger & acquisition roadmap.
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"The curves along this merger journey are not uniform or linear," stated InDigiNet CEO Mark Ellis. "Some mergers, as with The Site Doctors acquisition, advance along the curve, while others like the LOI with GaeaCare on a rolling hill may slow down. Piece by piece, the new InDigiNet jigsaw is coming together. There is no optimal or maximum company size. To survive, we must continuously grow. We believe that organic growth for a penny stock company is not the route to successful growth. It is way too slow for most of our shareholders who have a faster pace in mind."

Ellis further stated, "Much like stepping onto an escalator, once a shell of a company, we began the ride up by installing revenue generating operations and won't stop until we've reached the top by acquisitions. Mergers are inevitable if we are to outgrow our competition and keep our shareholders happy. The reality is not a question of more or less. It is what kind of business goes through what kind of channel and how much profit will we see? We are certainly looking toward increasing our presence in the web design/hosting and broadband communication/access space aggressively."

"For some of our shareholders, it has not been an easy ride. Riding the merger curve has been painful for those with shorter time horizons and the journey itself has not necessarily made us anymore successful. On balance, where we go from here and whom we'll buy is pretty much dictated by our customers and shareholders. The endgame for all these mergers will result in a stronger, more competitive and complete product set company which brings real value to our customers and shareholders," concluded Ellis.

About InDigiNet, Inc.

InDigiNet, Inc. is an integrated solutions company that provides small to mid-size enterprises (SMEs) with an integrated communication solution. The Company will offer data, local, long distance and wireless services to SMEs over third party networks enabling the company to offer a comprehensive suite of services without the capital burden of building a communication network. Under the C2C Exchange (C2C) brand name, the Company is known as a website design, hosting and complete e-commerce provider delivering one of the easiest and most powerful website building solutions on the Internet. The Company and its development team have automated the ability for a user to quickly and easily create powerful, feature rich, professionally designed websites. C2C has incorporated state-of-the-art features with styles, layout and graphics in addition to powerful functional management tools that every successful business needs for e-commerce. In a fraction of the time it once took, a user can now create a fully functional e-commerce website using any Internet access method. Compared to the traditional costs of web development, this service is simple and affordable. For more information, go to http://www.c2cexchange.com. And for the Company's complete web design services, go to http://www.thesitedoctors.com.

For more information about InDigiNet visit http://www.indiginet.com.

Statements made in this press release regarding the Company's or management's intention, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to compete effectively in a rapidly evolving and price competitive marketplace; possible reductions in demand for our products and services due to competition or changes in industry conditions; changes in the nature of telecommunications regulation in the United States and other countries; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission.

For additional information call Investor Relations 949-476-3711 Or visit company website http://www.indiginet.com.

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Originally posted by pmann2957:
IDGE is moving big time today

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GE InDigiNet Touching On Merger Target Profile

July 15, 2004 09:35:00 (ET)

NEWPORT BEACH, Calif., Jul 15, 2004 /PRNewswire-FirstCall via COMTEX/ -- InDigiNet, Inc., (IDGE, Trade), a provider of managed communication solutions for Small to Mid-Size Enterprises (SMEs) in the United States, is pleased to announce that it has identified two more targets for merger and which discussions are in progress.

"It all started with the idea of building a rock solid managed communication solutions company around a publicly traded entity," stated InDigiNet CEO Mark Ellis. "Today, in addition to reselling VoIP minutes through outside sales agents, we've an in-house web design team that delivers complete website building solutions with all the bells and whistles. Recently, I spoke with some of our shareholders who would like for us to take more of an everything-old-is-new-again approach in building our company in the future."

Ellis further stated, "We've been thinking a lot about building websites for a living ever since our purchase of The Site Doctors. Because of the relentless drumbeat for revenue over this past year, many of our shareholders are starting to associate us with the web-building sector. Rather this is a good or bad thing and the associated higher or lower market multiples, we aim to please but also adjust accordingly. To this end, we want to say that we're in discussions with two firms for possible acquisition. The profile of the first candidate is an ISP (Internet Service Provider) who provides more than Internet access. They also deliver consulting services for LAN, WAN and VPN along with a website building and DSL business. The second candidate is an asset-based next generation telecommunications service provider who is building its own global network. This developmental VoIP global network has been mapped to include POPs (Points of Presence) in many major cities around the world."

"Thus far, we have been makings lots of ripples. When does a ripple become a wave? If we're successful in acquiring the above two candidates, this would mean our revenue base will increase many folds overnight along with owning an asset-based global VoIP network. Making waves? Perhaps we're a tsunami in the making," concluded Ellis.

About InDigiNet, Inc.

InDigiNet, Inc. is an integrated solutions company that provides small to mid-size enterprises (SMEs) with an integrated communication solution. The Company will offer data, local, long distance and wireless services to SMEs over third party networks enabling the company to offer a comprehensive suite of services without the capital burden of building a communication network. Under the C2C Exchange (C2C) brand name, the Company is known as a website design, hosting and complete e-commerce provider delivering one of the easiest and most powerful website building solutions on the Internet. The Company and its development team have automated the ability for a user to quickly and easily create powerful, feature rich, professionally designed websites. C2C has incorporated state-of-the-art features with styles, layout and graphics in addition to powerful functional management tools that every successful business needs for e-commerce. In a fraction of the time it once took, a user can now create a fully functional e-commerce website using any Internet access method. Compared to the traditional costs of web development, this service is simple and affordable. For more information, go to www.c2cexchange.com. And for the Company's complete web design services, go to www.thesitedoctors.com.