Marc Guindon assumes a more strategic role with iWeb

Reaching the conclusion of an intergenerational knowledge transfer, the former Executive Vice President of Resources will assume a more advisory role within the organization

MONTREAL, May 28 /CNW Telbec/ - iWeb (TSX-V: IWB), a global provider of IT infrastructure and web hosting services, today announced that as of the end of May, Executive Vice-President of Resources Marc Guindon's role within the organization will move from an operational one to a more strategic involvement, notably as a member of the board of directors, as well as coaching the other members of management.

"Marc has played a very important role in iWeb's maturing process, since the IPO in 2004" says Eric Chouinard, CEO and cofounder of the company that now hosts 12,500 dedicated servers in its Montreal Data centers. "This is a great example of successful knowledge transfer and mentoring."

Mr. Guindon, who previously served as Chief Financial Officer, will remain active on iWeb's board of directors, where he has been serving since March of 2009, in addition to being a member of the Audit Committee. He will also be involved as a consultant for various special projects, including eventual acquisition plans.

"It would be very hard to find a better coach" said Philip Tousignant, who became iWeb's Chief Financial Officer in 2008. "We are very pleased to be able to count on Marc's expertise on our board of directors."

Regarding his career transition, Mr. Guindon said: "Being involved with a company that plays such a pivotal role in Quebec's IT development has been an extraordinary experience. iWeb is in very good hands at this point, for the benefit of our customers and shareholders. All the better if I have contributed to its success." he concludes, with his typical straightforwardness.

Marc Guindon was a member of the Order of Chartered Accountants of Québec and Ontario. He joined iWeb in 2004 as Chief Financial Officer, shortly before the company's initial public offering (IPO), to eventually become Executive Vice-President, Resources, in October 2008. Having spent the early stages of his career at Ernst &Young, Mr. Guindon then joined the SNC Group as Vice-President of Finance, later filling the same position with Treco, a division of the Canam-Manac Group. Following the creation of two groups of industrial companies, he sold his interests and retired (for the first time) in 1996, before joining iWeb.

As of June 1st 2010, iWeb's senior management will consist of:

    
    - Eric Chouinard, President, CEO and cofounder
    - Martin Leclair, President, Products and Technology, cofounder
    - Philip Tousignant, Chief Financial Officer
    - Cyril Mertès, Chief Technology Officer

    About iWeb Group Inc. (iWeb.com)
    --------------------------------
    

iWeb.com is a worldwide provider of Internet hosting services and IT Infrastructure. With the opening of its fourth secured data center in Montreal, iWeb's capacity will near 35,000 dedicated servers. 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 close to 22,000 customers in 150 countries. iWeb's shares are listed on the TSX Venture Exchange (TSX-V: IWB); for more information please consult: http://about.iweb.com

SOURCE iWeb Group Inc.

For further information: For further information: Philip Tousignant, iWeb Group Inc., Chief Financial Officer, (514) 286-4242 ext. 2149, ptousignant@iweb.com; Bernard Dahl, Presentis, Investor Relations/Media Relations, (514) 802-2801, bernard@presentis.ca

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iWeb Group Inc.

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