Afrigator Internet (Pty) Ltd today announced that its existing shareholders intend purchasing back the majority shareholding of the company currently held by MIH Internet Africa (Pty) Ltd. MIH Internet Africa have been shareholders in the company since September 2008.

Justin Hartman, Managing Director of the company said, “This deal effectively puts full control back into the hands of the original founders of the company and I am confident and excited about our future moving forward.

“We strongly believe that we have a solid business plan and everyone involved remains committed to realising our long term plans for the company.”

Commenting on the implications for users of Afrigator Hartman added, “The deal will have no impact whatsoever. Our services will continue in exactly the same way as before and there won’t be any change in how people access Afrigator properties.”

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About Afrigator

Afrigator Internet (Pty) Ltd is a technology company based in Cape Town, South Africa. In April 2007 Afrigator.com, a social media aggregator and blog directory, was launched to the public. Afrigator also pioneered Adgator, a blog advertising network reaching more than 600,000 unique users in January 2009.The company has already enjoyed a fair amount of success by receiving the accolade of having being listed as #20 of 31 top non-US start-ups to watch worldwide by Business 2.0 (money.cnn.com). In a feature for the New York Times (nytimes.com), Afrigator was voted as one of the Top 10 International Products for 2008 by US technology site ReadWriteWeb. For more information, visit http://afrigator.biz.

For more information please contact:

Justin Hartman
Afrigator Internet
Tel: 0215251071
justin@afrigator.com