SherWeb Ranks Once Again On Prestigious Deloitte Technology Fast 500™ and Technology Fast 50™

Cloud services leader attributes 403% revenue growth to innovation and customer service

SHERBROOKE, QC, Nov. 13, 2013 /CNW Telbec/ - SherWeb, a leading provider of cloud services and Microsoft's 2013 World Hosting Partner of the Year, announced today that it has achieved 237th place on Deloitte's Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and clean technology companies in North America. This is the third consecutive year that SherWeb ranks on the prestigious Technology Fast 500. Winners are evaluated on the percentage of revenue growth over the five-year period between 2008-2012.

SherWeb's posted growth rate of 403% also earned it 17th place on Deloitte's Technology Fast 50™, a separate ranking of the 50 fastest-growing technology companies headquartered in Canada. This is the fourth consecutive year that SherWeb ranks in the Technology Fast 50.

A long-established hosted services provider, SherWeb has been, over the years, among the first of its peers worldwide to launch a number of products including most recently, the very first to offer Hosted Exchange 2013. The company currently serves more than 25,000 customer organizations of all sizes in 107 countries.

Peter Cassar, Co-Founder and CEO of SherWeb, attributes the company's strong and sustained growth to its consistent early introduction of new technology and a corporate culture fixated on providing the highest level of customer service across the industry. "SherWeb is widely seen as a role model for how Cloud service providers can remain focused on technology and customer support even amid rapid growth," says Cassar.

Cassar continues to say the Cloud industry is in a very dynamic phase of its life cycle. "With Gartner estimating that total spending on cloud services will increase from $110 billion in 2012 to $210 billion in 2016, SherWeb is already positioned to surpass overall industry progression."

"Technology Fast 500 winners achieve success and strong growth as a direct result of their leadership, and commitment to innovation," said Richard Lee, Deloitte's National Managing Partner, Technology, Media & Telecommunications, Deloitte. "They are amongst the elite who transform the technology sector."

Further details on Deloitte's Technology Fast 500 awards can be found at www.fast500.com.

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About SherWeb Inc. - A worldwide hosted services leader ranking in the prestigious North American Deloitte Technology Fast 500TM, and Microsoft 2013 World Hosting Partner of the Year, SherWeb provides competitive Cloud solutions to businesses and partners around the world. Founded in 1998, SherWeb is a privately-owned company headquartered in Quebec, Canada. Its service portfolio includes Microsoft Exchange, SharePoint, Lync, Dynamics CRM and more. For details, visit www.sherweb.com/.

SOURCE: SherWeb Inc.

For further information:

Media Contact:
Neela Parsnani
Communications Advisor
1 888 567 6610 Ext.7006
media@sherweb.com

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SherWeb Inc.

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