MONTREAL, June 27 /CNW/ - iWeb Group Inc. (TSX-V: IWB) ("the Company" or
"iWeb"), announces that, as of June 26, 2007, it has granted an aggregate of
920,000 stock options with an exercise price of $1.72 to directors, members of
its management team and key employees, pursuant to its stock option plan.
Of that total, 750,000 stock options are vested in four equal tranches
over the next four years, starting at the end of the first year after the
grant and will expire on June 26, 2012. The remaining 170,000 stock options
are exercisable equally at the end of the first year and second year. They
expire on June 26, 2010.
About iWeb Group
Founded in 1996, iWeb offers a full line of advanced IP hosting services
either through shared hosting, dedicated servers or colocation in its own data
centers featuring 30,000 square foot of floor space and the latest
technological equipments. iWeb provides services in English, French and
Spanish to clients in more than 140 countries. For more information, please
visit www.sedar.com or the Company's website at http://iWeb8.com.
The TSX Venture Exchange has neither approved nor disapproved the
contents of this press release.
For further information:
For further information: Marc Guindon, iWeb Group Inc., Chief Financial
Officer, (514) 286-4242 ext. 121, email@example.com; Danielle Ste-Marie, The Equicom
Group Inc., (514) 844-6064, firstname.lastname@example.org