Internet Ventures Extends Reach

Internet service provider Internet Ventures Inc. (IVI) continued its
western expansion through acquisitions of two ISPs in Colorado and Oregon.

In separate agreements, the firm acquired Durango, Colo.-based Frontier
Internet, which boasts 3,800 subscribers, and the 1,900-subscriber Budget
Internet, located in Grants Pass, Ore. IVI’s overall subscription base is
now expected to be more than 20,000. Financial terms were not disclosed.

The acquisition of Frontier Internet marks IVI’s third entry in Colorado.
IVI already has two affiliates in Grand Junction: Information Technologies
International and Western Internet
Connections.

Budget Internet is also IVI’s third affiliate in Oregon. Both Infostructure
in Ashland and Medford Internet in Medford joined the IVI fold in 1997.

“These agreements are significant for several reasons,” said Don Janke,
president of IVI. “By acquiring Frontier Internet and Budget Internet, we
are able to further establish our dominance in the
Western slope of Colorado and in southwestern Oregon. Ultimately, our goal
is to bring IVI’s full range of service to both areas, offering high-speed
PeRKInet in addition to traditional dial-up service.”

Internet Ventures Inc. said it offers dial-up and high-speed Internet
Access services to non-urban markets with populations of less than 500,000.
It currently services 15,000 dial-up subscribers in 11
communities in California, Oregon, Colorado, Idaho and Washington.

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