iWeb Communities: Blog

Time passes by so fast and the end of year 2006 is already there! Many of us will use the holiday season to dedicate time to family and friends while others will take a well deserved rest. At iWeb, we want to thank each and everyone of you, readers, customers and partners for your contribution to our success. iWeb wouldn’t be what it is without you!
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We released today our financial results of our financial year ended September 30, 2006. Revenues and Profitability reach new record marks for 2006.

Web recorded consolidated revenue of $5,754,242, an increase of $2,819,007 or 96% over the same period last year where revenues were $2,935,235.
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MONTREAL ? December 21, 2006 – iWeb Group Inc. today announced the results of its financial year ended September 30, 2006. Revenues and Profitability reach new record marks for 2006.

iWeb recorded consolidated revenue of $5,754,242, an increase of $2,819,007 or 96% over the same period last year where revenues were $2,935,235.

Gross profit increased by $1,613,083 or 107% from $1,506,936 in 2005 to $3,120,019 in 2006. Net income for the year totaled $500,361 compared to a net income of $201,372 in 2005.

In 2006, EBITDA was $1,408,030 compared to $531 369 in 2005, an increase of 165%.

« It has been, once again, a very successful year for iWeb. We have been able to strengthen and upgrade our infrastructures while consolidating our position as one of the leading IP Hosting providers in Canada. » says Eric Chouinard, Co-founder and CEO of iWeb Group Inc.

« We are proud that we were able to double our sales with our internal resources, without any major acquisitions for a second year in a row. We will continue in the same direction for 2007 while focusing on our worldwide clientele. », adds Martin Leclair, Co-founder and Chief Operating Officer at iWeb Group Inc.

About iWeb Group Inc.
Founded in 1996, iWeb offers a full line of advanced web hosting services either through shared hosting, dedicated servers or collocation in its own data center featuring the latest technological equipments. Its services are rendered in English, French or Spanish to clients in more than 95 countries.

iWeb Group Inc. is listed on the TSX Venture Exchange under the IWB stock symbol. For more information, visit the Company’s website at investors.iweb.ca.

FINANCIAL INFORMATION

« The TSX Venture Exchange Inc. does not accept responsibility for the adequacy or accuracy of this release. »

We invite our readers who are in search of a job to take a look at
the last available offers at iWeb. First, we need candidates to
fill two level 1 technical advisers position
IMMEDIATELY for the next 4 weeks* (with
possibility of extension). For the next weeks, the holders of these
positions will have no contact with the customers but will need an
advanced level of technical knowledge to execute technical
procedures. To submit your candidature or for more information,
please send us your CV at cv (@) iweb.ca

TopHosts.Ca, a leading international media company offering a unique perspective on the latest web hosting news and insightful analysis of the web hosting industry, awarded the Top december Canadian Web Hosting Provider price to the iWeb team for its commitment to customer satisfaction and technical improvements in anticipation of changing market conditions. iWeb was also able to maintain its profitability and generate constant incomes.
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MONTRÉAL, December 8, 2006 – iWeb Group inc. (TSX-V : IWB) re brands its Web Hosting and Datacenter Services offers around the iWeb8.Com domain. In an effort to change its image from a leading Canadian Web Hosting provider to a Worldwide alternative for Web Hosting, iWeb is introducing a completely redesigned web site, toll free telephone numbers in over 30 different countries, new Web Hosting products and a revamped image.

The new iWeb8.Com presents iWeb’s 8 categories of Web Hosting services, from Shared Hosting, Dedicated Servers and Colocation, to Server Management, Email Solutions, Instant Presence, Domain Names and Free Hosting Tools designed to make customers worldwide feel like home.

iWeb also reviewed most of it’s offers, adding AMD and Intel Core 2 processor support to its Dedicated Servers and upgrading it’s Shared Hosting disk space allocations to up to 50GB among other features. More details are posted on iWeb’s blog at http://blog.iweb.ca/.

“We have happy customers in 95 countries over the world, the fact that we are one of the few Canadian Web Hosting providers able to compete and beat our US competitors is now well known. We feel we now need to focus on spreading the word that we are one of the top alternative for Web Hosting worldwide.” says Martin Leclair, Co founder and Chief Operating Officer at iWeb.

« The new iWeb8.com web site and our new offers are the result of more than 6 months of research and development from our teams. We are confident that the new offerings and our new image will contribute in exceeding our customer’s needs. » he added.

iWeb’s previous domain name, iWeb.ca, will stay on-line and will be used to present the transition to iWeb8.com. Customers can find quick links to iWeb’s 8 services on the old domain for quick access to the content on http://iweb8.com/.

About iWeb Group Inc.

Founded in 1996, iWeb offers a full line of advanced web hosting services either through shared hosting, dedicated servers or colocation in its own data centers featuring 25 000 square foot of floor space and the latest technological equipments. Its services are rendered in English, French or Spanish to clients in more than 95 countries.

The iWeb Group Inc. is a member of the TSX Group Inc. (TSX:IWB). For more information, visit investors.iweb.ca.

« TSX Venture Exchange Inc. assumes no responsibility regarding the pertinence or accuracy of the information contained in this press release. »

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INFORMATION
Marc Guindon
Chief Financial Officer
Phone: (514) 286-4242

http://investors.iweb.ca