Globat acquires assets of EBCI, Inc. formerly known as eToys, Inc. and Pay-For-Performance search engine

Los Angeles, CA - March 21, 2002 -- Globat, LLC, a Los Angeles-based web hosting company and application service provider has acquired a substantial portion of EBCI, Inc. formerly known as eToys, Inc's assets as well as Pay-For-Performance search engine The announcement was made today by Globat's CEO Ben R. Neumann.

Ben R. Neumann, President and CEO of Globat, LLC. stated, 'The acquisition of these assets provides us an excellent opportunity to strengthen our recently opened Los Angeles data center. We plan to integrate the acquired hardware over the next two months to increase redundancy for our customers'.

Neumann went on to say, 'We also have acquired Pay-For-Performance search engine, which we can further develop, market and exploit. The recent success of Pay-For-Performance market leader Overture (formerly known as GoTo) has fully validated our approach to value-added resources for our hosting customers.'

Globat's goal is to become a market leader for affordable, quality web hosting and application hosting for small and mid-sized businesses by providing a full line of online business services. For more information on Globat and its services and products, please visit

About Globat, LLC.

Globat, LLC ( is one of the most established Web hosting companies in the United States, offering affordable, quality Web hosting solutions to nearly 100,000 customers worldwide. founder Ben R. Neumann, a two-time Entrepreneur of the Year award nominee, is a pioneer of the budget Web hosting industry since his start in 1994, when he founded, which was later sold in 1998. With its unprecedented combination of low prices, high performance and dedicated 24/7/365 customer service, continues to be the frontrunners of the hosting industry. The company is privately held and headquartered in Los Angeles, California.

Media Contact:
Justin Reynolds
Globat Web hosting