MONTREAL, Aug. 21 /CNW Telbec/ - iWeb Group inc. announces that it has
granted 120,000 stock options to members of its management team under its
stock option plan, at an exercise price of $0.80 each. One quarter of the
options will vest on each of the first, second, third and fourth anniversaries
of the date of the grant. The options will expire on August 20, 2014.
About iWeb Group Inc.
iWeb is a worldwide provider of Internet hosting services and IT
Infrastructure, with three secure data centers in Montreal. Since 2004, the
company's compounded annual growth rate has been above 75%, making it one of
Canada's 100 fastest growing companies according to PROFIT Magazine.
Founded in 1996 in Montreal, iWeb now generates more than 60% of its
revenues from abroad; and employs over 170 full-time employees providing
Dedicated Server Hosting, Co-location and Web Hosting services to more than
21,000 customers in 150 countries. iWeb's shares are listed on the TSX Venture
Exchange (TSX-V: IWB), for more information please consult the Company's
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Philip Tousignant, iWeb Group Inc., Chief
Financial Officer, (514) 286-4242 ext. 149, email@example.com; Bernard
Dahl, iWeb Group Inc., Director, Communications and Public Relations, (514)