MONTREAL, Jan. 19 /CNW Telbec/ - With its most recent expansion, iWeb's
network now totals 50 Gbps. In order to meet a constantly greater demand for
bandwidth from clients with web-based applications such as
Software-as-a-Service (SaaS) and video services, the global internet hosting
provider's network has more than quintupled in the past year, growing from 9
Gbps to 50 Gbps today.
"The fact is that many companies today are using web-based technologies
to keep IT spending under control, or to reduce spending. IT budget
restrictions mean that the companies we work with are outsourcing their
infrastructure to iWeb faster than planned in order to meet their targets."
says Eric Chouinard, iWeb's President and CEO. He adds that "New technologies
are increasingly web-based, and our clients require more bandwidth every
The network combines a total of 9 major telecommunications carriers into
iWeb's award-winning network, which uses BGP routing to ensure performance and
"Combined with the ever increasing bandwidth requirements of newer
applications, we are constantly surprised with some of the innovative
solutions our clients have put online - things we would not have imagined 5
years ago!" says iWeb's President of Products and Technology, Martin Leclair.
"Capacity is scheduled to increase again shortly and continually throughout
the coming year, which is a clear indication of the direction in which
technologies are heading - everything is going online" confirms the
enthusiastic co-founder of iWeb.
The Montreal-based company, whose financial results are scheduled to be
published later this week, will be rolling out marketing campaigns to promote
related bandwidth and dedicated server hosting services. Since becoming a
public company in 2004, iWeb has been steadily growing to become one of
Canada's largest IP hosting firms.
iWeb is a worldwide provider of Internet hosting services and IT
Infrastructure, and is listed on the TSX Venture Exchange (TSX-V : IWB). With
three secure data centers, all in Montreal, iWeb has carved out an enviable
position on the international scene with more than 60% of its revenues from
Founded in 1996 in Montreal, iWeb has recently completed a $22M financing
agreement with investment banking giant Goldman Sachs. iWeb now has over 150
full-time employees providing Dedicated Server hosting, Co-location and Web
Hosting services to more than 17 000 customers in 145 countries. More
information is available at the company's website: http://iweb.com/about-us/
For further information:
For further information: Bernard Dahl, Director, Communications and
Public Relations, iWeb Group Inc., (514) 286-4242 ext 115, firstname.lastname@example.org;
Philip Tousignant, Chief Financial Officer, iWeb Group Inc., (514) 286-4242
ext 149, email@example.com