INLD Interland (MM)

Interland (NASDAQ:INLD), a leading online marketing services company for small and medium-sized businesses, announced on August 1, 2005 the hiring of Jeffrey M. Stibel as its CEO effective August 11, 2005. As disclosed in the Company's Form 8-K filed August 3, 2005, Mr. Stibel received inducement options to acquire 1.7 million shares of Interland common stock at $2.29 per share. These options generally vest over three years at the rate of 47,222 shares per month. The option has an eight-year term. As disclosed in the Form 8-K filed August 3, 2005, the Company also hired Mr. Peter Delgrosso to serve as Vice President of Corporation Communications. Mr. Delgrosso received inducement options to acquire 200,000 shares of Interland common stock of $2.29 per share. These options generally vest over three years at the rate of 5,555 shares per month. The option has an eight-year term. Each of these option grants was issued in reliance on Nasdaq Market Place Rule 4350(i)(l)(A)(iv) as inducements to their entering into employment with the Company. For further details about the options, please refer to the Company's Form 8-K filed August 3, 2005, and the exhibits thereto, which include the option agreements. About Interland Interland, Inc. (NASDAQ: INLD) is a leading online services and Web hosting company dedicated to helping small and medium-sized businesses achieve success by providing the knowledge, services and tools to build, manage and promote businesses online. Interland offers a wide selection of online services, including standardized Web hosting, ecommerce, application hosting, website development, marketing and optimization tools. For more information about Interland, please visit www.interland.com.