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ORCS Web Hosting Announces Plans for Employee Ownership

PUBLISHED 7 February 2010 No Comment

ORCS Web Inc., a specialist in Microsoft Windows-based internet hosting solutions known for providing thousands of sites worldwide with managed hosting solutions, announced the establishment of an Employee Stock Ownership Plan (ESOP) for its’ employees.

“We are very fortunate to have been blessed with an excellent group of employees who have been instrumental in the success that ORCS Web has enjoyed. The ESOP is the ultimate way to reward those employees for their contributions to the company’s success.” Says Brad Kingsley, ORCS Web’s CEO. “Our team now owns a piece of the company and stands to directly share financially in our continued success and growth.”

The transaction was handled by SES Advisors, a highly specialized firm dedicated to advising business owners on the feasibility and implementation of Employee Stock Ownership Plans (ESOPs) .

About ORCS Web, Inc
ORCS Web, Inc. is a Charlotte, N.C.-based web-hosting firm that has provided managed hosting solutions since 1996 for clients located in 70+ countries that develop and deploy applications on Microsoft Windows® platforms. Services include shared, VDS, dedicated and webfarm/cloud hosting, with specialty in ASP.NET, SQL Server, and architecting highly scalable solutions. ORCS Web’s dedication to being number one in customer service offers An Unrivaled Windows Hosting Experience. ORCS Web is a Microsoft Gold Certified Partner.

For more information, visit http://www.orcsweb.com

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