iWeb Technologies is ranked among Profit Magazine's top 100 Canadian
companies, based on revenue growth over the past 5 years.
MONTREAL, June 10 /CNW Telbec/ - iWeb Group Inc. (TSX-V : IWB) "iWeb", a
global Internet infrastructure hosting provider, is proud to have its
subsidiary iWeb Technologies Inc. make its way into the PROFIT 100 ranking as
one of the Canadian companies with the strongest revenue growth over the past
From 2002 to 2007, the company's revenues have gone from 1.35 million to
9.82 million as of October 1st 2007, an increase of 627%; enough for iWeb to
make its entry into the 100th position on the annual ranking.
Eric Chouinard, CEO and co-founder of iWeb; "The increase in revenue is
not necessarily the measure of our success, but rather the cumulative result
of all our successes combined." He then adds that "our listing on the Toronto
Stock Exchange (TSX-Venture) in 2004 has been an important milestone in this
"iWeb has transformed itself a lot since 2002" comments Martin Leclair,
Chief Operating Officer and co-founder of iWeb. "In 5 years we have gone from
19 to 104 employees, from 500 square feet of web hosting facilities to more
than 52 000 square feet in three datacenters, including the opening of a
carrier-neutral colocation facility on Nun's Island in May 2008. Growth
management has become as important as technological management." He adds.
The PROFIT 100 is the annual ranking which rates the top 100 Canadian
companies based on the percentage of their revenue growth over a 5-year span.
Produced by the business magazine PROFIT, 2008 marks the 20th edition of the
ranking. The complete list will be published in the June edition, as well as
on the website: www.profit100.com
About iWeb Group Inc.
Founded in 1996, iWeb is today one of the leading Canadian providers of
advanced IP hosting services either through shared hosting, dedicated servers
or co-location in three data centers, featuring over 52 000 square feet of
floor space and the latest technological equipment. iWeb provides services in
English, French and Spanish to more than 13,000 clients from more than 135
countries. For more information, please visit the Company's website at
Caution concerning forward-looking statements
This news release contains certain forward-looking statements. These
statements relate to future events or iWeb's future economic performance and
reflect the current assumptions and expectations of management. Certain
unknown factors may affect the events, economic performance and results of
operations. iWeb undertakes no obligation, and does not intend to, update or
revise any forward-looking statements, whether as a result of new information,
future events or otherwise, except as may be required under applicable law.
The TSX Venture Exchange does not accept responsibility for the adequacy or
accuracy of this news release.
For further information:
For further information: Investors: Marc Guindon, Chief Financial
Officer, (514) 286-4242 extension 121, firstname.lastname@example.org; Media: Sylvain
Delisle, Communications Officer, (514) 286-4242 extension 152,