PEER 1 Hosting Awarded Company of the Year at the 2010 Technology Impact
Awards

VANCOUVER, June 10 /CNW/ - PEER 1 Hosting (TSX:PIX), a global online IT hosting provider, was recently named Company of the Year at the 2010 Technology Impact Awards (TIAs) hosted by the BC Technology Industry Association (BCTIA).

The BCTIA's Technology Impact Awards celebrate successes within the industry and the companies, people and innovation that continue to put British Columbia on the map and serve as role models for others in the province. This year, over 100 applications were received from technology companies of all sectors and sizes and from all corners of British Columbia.

"PEER 1 Hosting is a well-deserved recipient of this year's Company of the Year award," said Pascal Spothelfer, President and CEO of BCTIA. "Over the years, they have demonstrated excellence by delivering reliable, high-performance Web Hosting solutions for their customers. We wish them much success and look forward to seeing continued growth and prosperity in the years to come."

PEER 1 Hosting was founded on the basis that Internet services should be affordable, simple and offer great customer support, and as a result, strived to supply the tools for SMEs to compete online. Supporting more than 10,000 SME customers around the world, PEER 1 Hosting has not lost sight of its original purpose.

"PEER 1 is honoured to be recognized amongst fellow BC technology innovators at this year's awards," said Fabio Banducci, president and CEO, PEER 1 Hosting. "We know the important role the Internet plays for our customers and have worked very hard over the years to manage their online presence, so they can focus on growing their business."

The 2010 Technology Impact Awards were held on Tuesday, June 8, 2010 at the Vancouver Convention Centre. More than 700 senior representatives of the technology and business community attended the event. For additional information, please visit: http://www.bctia.org/awards/tia-awards_celebration.htm

About PEER 1 Hosting

PEER 1 Hosting is one of the world's leading IT hosting providers. The company is built on two obsessions: Ping & People. Ping, represents its commitment to best-of-breed technology, founded on a high performance 10GB SuperNetwork(TM) connected by 17 state-of-the-art data centres, 21 points-of-presence and 10 colocation facilities throughout North America and Europe. People, represents its commitment to delivering outstanding customer service to its more than 10,000 customers worldwide, backed by a 100 percent uptime guarantee and 24x7x365 FirstCall Support(TM). PEER 1's portfolio includes Managed Hosting (http://www.peer1.com/hosting/), Dedicated Servers (http://www.serverbeach.com/servers/) under the ServerBeach brand, Colocation (http://www.peer1.com/hosting/) and Cloud Services. Founded in 1999, the company is headquartered in Vancouver, Canada, with European operations headquartered in Southampton, UK. PEER 1 Hosting shares are traded on the TSX under the symbol PIX. For more information visit: www.peer1.com or www.peer1hosting.co.uk.

About the BCTIA

The voice of BC's technology industry, the British Columbia Technology Industry Association is an industry-funded organization with over 2700 member companies and 60,000 member employees. The BCTIA is committed to the ongoing growth, sustainability and prosperity of the technology industry and the transformation of British Columbia to a knowledge-based economy.

BCTIA delivers a broad range of programs and services that provide members with opportunities to connect, learn, and promote their businesses in BC. www.bctia.org.

SOURCE PEER 1 Network Enterprises, Inc.

For further information: For further information: For Canadian media inquiries: Katie Boland, MAVERICK PR, +1 (416) 640-5525 ex 228, katieb@maverickpr.com; For European media inquiries: Champion Communications, +44 (0) 20 7268 3437, peer1@championcomms.com

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PEER 1 Network Enterprises, Inc.

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