NEWPORT BEACH, Calif., Nov. 9 /PRNewswire-FirstCall/ -- InDigiNet, Inc., (OTC Bulletin Board: IDGN - News), a provider of managed communication solutions for Small to Mid-Size Enterprises (SMEs) in the United States, is pleased to announce that the Company will follow shareholders' suggestion of seeking a reverse merger candidate even as it continues to expand and grow through product additions along with sales force recruitment.
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"A number of shareholders have suggested exploring other means of increasing shareholder value including putting the Company up for sale through a reverse merger," stated InDigiNet CEO Mark Ellis. "As CEO, I am entrusted with the power to make things happen for all shareholders and am eager to listen to ideas that will make us all realize our maximum potential. We are certainly willing to try different variations of the theme, take greater risks with exposure to a different audience by putting ourselves on the block -- if it doesn't work out, all we've lost is a bad idea. It's not like we paid for each shareholder idea. Since they're free, we'll explore as many as our shareholders want -- failure costs nothing, but success comes with all the trimmings."

Ellis further stated, "While we continue to build our Company as fast as possible through a strong solid product mix and good customer relationships, we will immediately take action on our shareholders' ideas. Based on the collective suggestions, we will take a three-track course of exploration action: Reverse merger; Rolling ourselves up to a Business Development Company under Sections 54-64 of the Investment Company Act of 1940; and Possible spin-off of divisions and/or subsidiary."

"We agreed with most of the shareholder suggestions and comments about 'enough is enough' and that, 'If Wall Street doesn't like our current course of action, we should change it until they do.' Our share price is reflective of Wall Street's thirst for make-it-better-cheaper-faster-MORE-NOW type companies. We listen, we hear and we will get it done," 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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Source: InDigiNet, Inc.