MONTREAL, April 19 /CNW Telbec/ - iWeb (TSXV: IWB), Global provider of Internet hosting services and IT infrastructure,
has been ranked 120 th in the 2011 Branham300, the annual listing of
the top 300 Canadian Technology companies, thanks to revenues of US$29
million in 2010, iWeb's overall ranking has been steadily improving
since the Company's first inclusion on the ranking, 241st in 2006.
iWeb's ascension in the Branham 300 ranking;
2006 - 241st
2007 - 206th
2008 - 195th
2009 - 162nd
2010 - 124 th *
2011 - 120th
*a procedural anomaly prevented iWeb's results from being properly
displayed in the 2010 ranking
"We are thrilled to be recognized as one of Canada's top IT companies
since 2006; iWeb's 26% growth in 2010 compares well to the 4% average
growth rate for companies appearing on the 2011 Branham300." said Eric
Chouinard, President and CEO of iWeb. He added that "Based on this
year's ranking, the Canadian ICT industry comes across as healthy,
which is a promising indicator of future growth for iWeb.
Congratulations to our clients and partners who also made this year's
As Branham Group predicted in last year's edition of the Branham300,
Canada's Information and Communications Technology (ICT) industry
realized modest growth in 2010, as cumulative revenues for the Top 250
Canadian ICT companies increased 3.66% to CA$73.93 billion, up from
CA$71.32 billion in 2009. The Montreal-based company was ranked in the
ICT Hardware and Infrastructure category.
iWeb, who recently unveiled its new corporate image, announced in
January that it had activated its 1000th Smart Server (the Company
provisions a total of 14,000 dedicated servers, including the Smart
Servers). Since becoming a public company in 2004, iWeb has been
steadily growing to become one of Canada's largest IP hosting firms,
and was ranked in the top 20 movers and shakers in Canadian IT
companies in 2009.
iWeb is a worldwide provider of Internet hosting services and IT
infrastructure. Operating four data centers, iWeb has a capacity of
34,000 dedicated servers, over 1,100 colocation racks and Internet
capacity of 77 Gbit/s, divided between nine providers.
One of the 100 fastest growing companies in Canada according to PROFIT
magazine, iWeb takes more than 60% of its revenues from abroad. With
revenues of US$29 million in 2010, iWeb provides services to 24,600
customers in 150 countries. Founded in 1996 Montreal, iWeb is listed on
the TSX Venture Exchange under the symbol "IWB".
About Branham Group Inc.
Branham Group Inc. is a leading industry analyst and strategic
consulting firm servicing the global information technology
marketplace. Branham Group assists information technology companies and
related institutions in achieving market success through its custom
consulting services (Planning, Marketing and Partnering), and through
its multi-client research subscription programs (Digital Health and
Green IT). Branham also produces an annual listing of the top
information and communications technology (ICT) companies in Canada
(www.branham300.com), tracks the Canadian Outsourcing industry and
monitors over 450 Digital Health vendors.
SOURCE IWEB GROUP INC.
For further information:
Chief Financial Officer
IWeb Group Inc.
(514) 286-4242 ext 2149
Investor Relations and Media Relations