Press Releases
SOURCE: DH Capital, LLC

DH CAPITAL ADVISES SPIRE CAPITAL PARTNERS AND WALLER-SUTTON MEDIA PARTNERS ON SALE OF WEB HOSTING PROVIDER INNERHOST TO INTERLAND

NEW YORK, NY - October 31, 2002 - DH Capital, LLC, a New York City based investment banking partnership, announced today that it represented Spire Capital Partners (www.spirecapital.com) and Waller-Sutton Media Partners in their recent sale of iNNERHOST to industry leading web hosting provider Interland, Inc. (Nasdaq: INLD).

DH Capital's announcement coincides with the completion of certain integration milestones related to the transaction.

"We are pleased to have assisted Spire Capital in this transaction. While the overall environment has been challenging we believe this transaction illustrates our belief that well run companies can continue to garner very attractive valuations," stated Peter Hopper, Founder and Principal of DH Capital. Mr. Hopper further noted, "iNNERHOST has a number of unique attributes that were highlighted to potential buyers, this helped to create a very competitive process."

Richard Patterson, a senior Partner with Spire Capital, stated, "We are pleased to have completed this transaction. We believe the terms of the deal reflect the value that had been created at iNNERHOST. DH Capital did a terrific job for us."

iNNERHOST is a leading provider of Microsoft based web hosting solutions. Based in Miami, FL the company provides shared, dedicated and managed hosting solutions to customers in North, Central and South America.

Interland, Inc. is the leading provider of business-class Web hosting solutions for small and medium businesses, offering a broad portfolio of standardized Web hosting, e-commerce, and application hosting services, from basic Web sites to managed dedicated hosting solutions. More information about Interland can be found at www.interland.com.

About DH Capital, LLC
DH Capital is a private investment banking partnership serving the media, Internet and telecommunications industries. The firm capitalizes on more than seventy years of combined experience in financing, acquiring, selling and operating companies. DH Capital specializes in providing a full range of advisory services to companies and financial institutions including private placements, mergers & acquisitions, financial restructuring, and operational consulting. The principals of DH Capital have led hundreds of transactions including M&A totaling in excess of $10 billion, private equity placements totaling more than $700 million, and debt placements totaling in excess of $7 billion.

For additional information on DH Capital, please contact us at 212-698-7990.