iWeb Announces Grant of Stock Options
MONTREAL, QUEBEC ? June 27, 2007 ? iWeb Group Inc. (TSX-V: IWB) (?the Company? or “iWeb”), announces that, as of June 26, 2007, it has granted an aggregate of 920,000 stock options with an exercise price of $1.72 to directors, members of its management team and key employees, pursuant to its stock option plan.
Of that total, 750,000 stock options are vested in four equal tranches over the next four years, starting at the end of the first year after the grant and will expire on June 26, 2012. The remaining 170,000 stock options are exercisable equally at the end of the first year and second year. They expire on June 26, 2010.
About iWeb Group
Founded in 1996, iWeb offers a full line of advanced IP hosting services either through shared hosting, dedicated servers or colocation in its own data centers featuring 30,000 square foot of floor space and the latest technological equipments. iWeb provides services in English, French and Spanish to clients in more than 140 countries. For more information, please visit www.sedar.com or the Company?s website at http://iWeb8.com.
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.
For more information:
Marc Guindon
iWeb Group Inc.
Chief Financial Officer
(514) 286-4242 ext. 121
mg@iweb.ca
Danielle Ste-Marie
The Equicom Group Inc.
(514) 844-6064
dste-marie@equicomgroup.com
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