Saturday, February 25, 2012

NetSource Communications and scruz-net Sign Merger Agreement

SAN FRANCISCO, Nov. 8 /PRNewswire/ -- NetSource Communications, Inc., and scruz-net, inc., today announced they have signed a merger agreement under which scruz-net will become a wholly-owned subsidiary of NetSource Communications.

NetSource Communications develops, implements and manages a wide range of communications solutions for business and end-user customers worldwide. NetSource's clients include British Telecom, Cybercash, Inc., Diamond Multimedia Systems, Fujitsu Microelectronics, and Union Camp Corp.

scruz-net, founded in 1993, is a regional Internet service provider, offering consumer and business access in the Monterey and San Francisco Bay Areas.

scruz-net's technical skills are in designing and operating regional computer internetworks. NetSource expects service to existing scruz-net subscribers to continue uninterrupted.

The companies plan to extend their Internet service capabilities by deploying a nationwide network of data circuits, switches and routers, using scruz-net's competencies in Internet network design, implementation, administration, and technology management for data networking and Intranet applications.

About NetSource Communications

NetSource's products and services include international and domestic long distance telecommunications, value-added telecommunications and related telemanagement services, Internet access and hosting, Internet and interactive electronic commerce products and services, Web-based content development and management, and marketing communications services.

SOURCE NetSource Communications Inc.

     -0-                             11/08/96 

/CONTACT: Jade Wong of NetSource Communications, 415-243-8080, ext. 223, or jade@netsourcecom.com; or Julie Criscenti-Heck of Upstart Communications, 510-420-7975, or jheck@upstart.com, for NetSource Communications Inc./

CO: NetSource Communications Inc.; scruz-net inc. ST: California IN: TLS SU: TNM

GZ -- SFF033 -- 2268 11/08/96 18:55 EST http://www.prnewswire.com

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