New facility will enable Company to diversify revenue stream and broaden
MONTREAL, Oct. 2 /CNW/ - iWeb Group Inc. (TSX-V: IWB) ("iWeb" or the
"Company"), a worldwide internet hosting infrastructure provider, today
announced plans to open an 850 cabinet equivalent co-location data center in
Montreal. Scheduled to open in December 2007, this facility will be the
Company's third data center in Montreal.
"A fundamental component of our strategy is to grow the co-location
segment of our business," said Eric Chouinard, President and Chief Executive
Officer of iWeb. "The cumulative co-location hosting capacity of our two
current data centers has always been limited, as they are both primarily
dedicated server hosting facilities. The addition of this strictly co-location
hosting data center will enable us to diversify our revenue base, extend our
footprint in the Montreal marketplace and target a broader customer base."
Like iWeb's existing two data centers, the new 22,700-square-foot
facility will be equipped with uninterruptible power supplies, emergency
diesel back-up generators and power equivalent cooling, but with all these
systems reaching the N+1 level of redundancy in this case. The facility will
be protected by a sophisticated, multi-layer security system that includes
video surveillance, secured access, and biometric identification sensors. In
addition, customers of the new data center will benefit from iWeb's complete
suite of value-added services, such as 24-hour emergency technical support,
ping monitoring and managed security back-ups.
The facility was previously used as a data center. As such, the basic
infrastructure necessary to operate a co-location hosting data center is
already installed. During the following months, iWeb will work to upgrade the
facility to meet the Company's stringent operational standards. iWeb has
entered into a lease agreement for up to 30 years, and has options to purchase
the building at regular time intervals.
About iWeb Group
Founded in 1996, iWeb offers a full line of advanced IP hosting services
either through shared hosting, dedicated servers or co-location now in three
data centers, featuring over 52,000 square feet of floor space and the latest
technological equipment. iWeb provides services in English, French and Spanish
to clients in more than 130 countries. For more information, please visit
www.sedar.com or the Company's website at http://iWeb8.com.
Caution concerning forward-looking statements
This news release contains certain forward-looking statements. These
statements relate to future events or iWeb's future economic performance and
reflect the current assumptions and expectations of management. Certain
unknown factors may affect the events, economic performance and results of
operations. iWeb undertakes no obligation, and does not intend to, update or
revise any forward-looking statements, whether as a result of new information,
future events or otherwise, except as may be required under applicable law.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: Marc Guindon, iWeb Group Inc., Chief Financial
Officer, (514) 286-4242 ext. 121, firstname.lastname@example.org; Kristen Dickson, The Equicom
Group Inc., Investor Relations, (416) 815-0700 ext. 273,