New Chief Financial Officer Announced

Contact: Jeremy Keefe
Springs Hosting
(719) 393-9266

Springs Hosting Names Dennis Ellison as New Chief Financial Officer

Colorado Springs, CO; April 15th, 2011, Springs Hosting, a leading provider of Managed IT Services for medium to large businesses, announced today that Dennis Ellison has been hired as Chief Financial Officer.

Dennis Ellison has over 36 years of experience in the design and implementation of accounting systems for both large and small business entities. The specifics of his experience include the creation of accounting systems tailored to various business applications; design of sales rates based upon prudent cost assignment and allocation; creation of cost center reporting; evaluation of potential mergers and acquisitions; preparation of forecasts and budgets; negotiation and administration of contracts and agreements; and administration of income, severance, franchise, sales and payroll taxes.

“I am thrilled to have Dennis on board as our chief financial officer. His vast experience of diverse business models, from both the finance and management perspective, is paramount to Springs Hosting’s designs for expanding its markets,” said Don Brown, CEO. “I believe that he will be a strong leader as we continue our dynamic growth initiative in 2011 and the promotion of our leading-edge Managed IT Services nationwide.”

Dennis began his career with the national Certified Public Accounting firm of Deloitte and Touché, was employed for over 24 years with Colorado Interstate Gas Company, and has since held the position of Controller for several smaller corporations.

“Over the past six years, I have observed the rapid, yet responsible, growth of Springs Hosting. I am especially impressed with the company’s innovative management and their dedication to providing quality customer care,” said Dennis Ellison CFO. “I believe that my experience and skill set align well with Springs Hosting’s current and future business plans.”

About Springs Hosting

Founded in 2006, Springs Hosting continues to expand its Managed IT Services to include network design & support, data center services, colocation, dedicated servers, VPS, website and email hosting. Springs Hosting’s ability to recruit and maintain its staff of talented employees has assured a high level of reliable service that Springs Hosting customers’ have grown to trust for their critical data systems’ needs. Springs Hosting has proven through hard work that it is a solution-oriented company with a focus on delivering flexible, yet “spot-on” technology for today’s businesses.