iWeb strengthens its Managed Services line with strategic acquisition



    The dedicated hosting provider strengthens its product development with
    the acquisition of Netsimplify, a boutique managed hosting service
    provider.

    MONTREAL, June 23 /CNW Telbec/ - iWeb announced the strategic acquisition
of Montreal-based managed hosting provider Netsimplify. This move brings iWeb
closer to providing its own brand of managed hosting services - which
represent the majority of Netsimplify's revenues in 2008.
    "Customers face an increasing complexity in managing their IT
infrastructure, and many of our dedicated hosting customers have requested
that iWeb provide additional services." says Eric Chouinard, iWeb's President
and CEO. "Netsimplify's customer-driven approach brings a lot of experience,
expertise and depth, all of which are important aspects of iWeb's services"
    "This is a logical step towards both cloud computing and managed
services" said Martin Leclair, iWeb co-founder and President of Products and
Technology. He added that "It is also a homecoming of sorts; Netsimplify's
founder, Simon Boulet, was one of iWeb's first employees before he left to
start his own company nearly three years ago - Welcome back Simon!".
    Simon Boulet will be appointed to the newly created position of IT
Manager, from which he will spearhead internal development initiatives.
    "We looked at a number of companies and individuals, and Simon was
naturally at the top of the list of potential candidates." Said Cyrille
Mertes, Vice-President of IT and Infrastructure. He then points out that "in
the medium-term, Simon and the entire infrastructure team will integrate cloud
computing and automation into iWeb's service offer".
    The transfer of Netsimplify's customers to iWeb is almost complete, a
task made easier by the fact that Netsimplify's infrastructure was mostly
collocated within iWeb's data centers. Financial details regarding the
transaction were not disclosed.

    About iWeb.com:

    iWeb is a worldwide provider of Internet hosting services and IT
Infrastructure, with three secure data centers in Montreal. Since 2004,
thecompany'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
20,000 customers in 150 countries. iWeb's shares are listed on the TSX
VentureExchange (TSX-V : IWB), for more information please consult the
Company's website: http://about.iweb.com
    %SEDAR: 00018802EF




For further information:

For further information: Bernard Dahl, Director, Communications and
Public Relations, IWeb Group Inc., (514) 802-2801, bdahl@iweb.com; Philip
Tousignant, Chief Financial Officer, IWeb Group Inc., (514) 286-4242 ext 149,
ptousignant@iweb.com

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iWeb Group Inc.

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