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SmarterMail delivers Exchange-level email server software features for a fraction of the cost. With lower hardware requirements, superior stability and reduced maintenance costs, SmarterMail has significantly lower Total Cost of Ownership (TCO) and is the best-in-class Microsoft Exchange alternative for businesses and hosting companies.
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One of the best "cheap" alternatives to Microsoft Exchange. Full featured Mail Services able to host multiple domain names. I'm been using this for more than a year for multiple accounts/domains