LAS VEGAS, NV / ACCESSWIRE / May 21, 2015 / Areti Web Innovations Inc., (PINKSHEETS: AWEB) ("Areti" or the "Company"), a web hosting and professional web services provider, today announced it has negotiated and closed a transaction that substantially reduces its outstanding senior debt.

Privately-held Web Hosting Enterprises Corporation, Inc. has purchased the majority of Areti's hosting assets and compensated Areti's senior debt holders on Areti's behalf. As part of the transaction, Areti will own a minority equity position Web Hosting Corporation, Inc.

In the near term, Areti will focus on other non-hosting, but web-related business activities.

Financial results beginning during the Company's quarter ending June 30, 2015 will reflect Web Hosting Enterprise's transaction with the Company.

About Areti Web Hosting Services

Areti Web is a web hosting company that operates its own state-of-the-art data centers in the United States, Canada and select international markets. Areti specializes in providing shared web hosting services for smaller businesses, as well as dedicated/managed servers for larger businesses. In addition to offering various web hosting, data storage, and domain registration services, Areti also provides full-service advertising and consulting products and services to its customers. Areti operates and manages the following subsidiary brands, which provide web hosting, data storage, domain registration, internet advertising, and consulting services: Alentus Corporation (Canada), Web Site Source, Inc., SpeedFox, Inc., Web Hosting Groups, Inc., and Areti Corporation.

SOURCE: Areti Web Hosting Company, Inc.