Richardson, Texas – April 12, 2006 --- The Texas Hedge Fund Association (THFA) announces today that Hostnet has become a member. THFA is a U.S. - based association of Hedge Fund industry participants and other interested parties. The THFA is a grass roots, regional trade association that represents the hedge fund industry throughout the state of Texas and surrounding states. “Hostnet brings experience to the table when it comes to delivering technology for Hedge Funds, I welcome them as a member of this association and look forward in working with them” said Burke McDavid, attorney for Akin Gump and the Executive Director of THFA.
“Hostnet began with the financial industry. From the very beginning Hostnet had inherent knowledge and understanding of the unique information technology requirements of this industry sector. Over time Hostnet built a solid reputation with financial service organizations and amassed an impressive list of clients. Today, Hostnet is serving private equity, hedge funds, investment brokers, wealth managers and commercial real estate investors. The Hostnet solution is specifically designed to address compliance standards posed by SEC, NASD and SOX specifically related to email archiving, disaster recovery and environment standards,” said Matt Ramsey, President and CEO.
Hostnet offers a new approach to managing information technology services by providing the technology, the hardware and the support services to growing professional organizations at a fraction of the costs of hiring a full-time IT person.
About Hostnet, Inc.
Headquartered in Richardson, Texas, Hostnet, Inc. is a leading provider of next-generation technology solutions for the SME (Small to Medium Enterprise) market. Hostnet’s propriety software controls large scale data centers enabling their customers to acquire information technology in the same manner they access electricity. Hostnet’s customers pay only for what they use avoiding large capital expenditures, wasted capacity and under utilized computers. For more information visit http://www.hostnetinc.com or call 214.800.5501.
About The Texas Hedge Fund Association
The Texas Hedge Fund Association is a U.S.- based association of Hedge Fund industry participants and other interested parties. The THFA is a grass roots, regional trade association that represents the hedge fund industry throughout the state of Texas and surrounding states. The THFA membership is composed primarily of hedge fund managers, high net worth investors, institutional investors - including pension funds, foundations, trusts, banks - attorneys, accountants, academics, third party marketers and other vendors. For more information please visit www.texashfa.org.