iWeb Communities: Blog

iWeb’s new website completion is coming really soon. Until then, let’s take a look at another new product that will be available in the near future : Private dedicated servers racks.

A Private Dedicated Server rack allows you to grow your business trouble free having your servers physically installed next to each other in your very own private space for maximum efficiency.

Depending of the kind of dedicated server your want to host, your private dedicated server rack can hold from 12 to 48 servers. Use multiple private dedicated server racks to host hundreds of servers.

If you have any question about this new product, do not hesitate to contact us !

Here is a new piece of our website to be launched : Google Adwords credits.

It’s a fact, iWeb will soon offers to its new customers Google Adwords credit in order for them to promote efficently their website. With Google Adwords, your ads appear as a complement to the results of a Google search. You reach a very specific audience and depending on the relevance of your keywords, clicks on the ads have a good chance to convert.

Stay tuned for other pieces of our new website to come.

MONTRÉAL, QUÉBEC ? February 12, 2008 ? iWeb Group Inc. (TSX-V: IWB) (?iWeb? or the ?Company?), a worldwide internet hosting infrastructure provider, announces its financial results for the three-month period ended December 31, 2007. All results are reported in Canadian dollars unless otherwise stated.

Q1-2008 Summary

• ? Revenue of $3.2 million, a 62% increase in revenues compared to first quarter of previous fiscal year
• ? Adjusted EBITDA1 of $0.8 million, a 65% increase over the first quarter of fiscal 2007
• ? Closing of a 3.3 million of shares public offering with gross proceeds of $4.1 million
• ? Beginning of installation work of the Nuns? Island premises for a new co-location data center

?Our steady growth in revenues and adjusted EBITDA continued in this quarter? explained Marc Guindon, Vice-President and Chief Financial Officer of iWeb. ?We are currently working to keep that growth level, with the completion of phase three of our second data center of dedicated servers. In addition, with the addition of the coming installation of Nuns? Island, we will increase our revenue source in the co-location services. Proceeds received from the November public offering will help in financing a portion of the current work. We are currently in discussions in order to obtain additional financing to complete the necessary investments required to keep our growth level.?

First Quarter of 2008 Financial Review

For the first quarter of 2008, consolidated revenues increased $1.2 million or 62% to $3.2 million compared to the same quarter of last year. This revenue growth can be attributed primarily to a steady rise in dedicated server demand.

Gross profit margin for the first quarter of fiscal 2008 was in line with last year margin at 54%. The benefits of tight operating cost control were offset by the decrease in value of the U.S. dollar against the Canadian dollar, having a negative effect on Company?s revenues in the last quarter. More than 70% of iWeb revenues are generated in U.S. currency.

Total operating expenses for the quarter ended December 31, 2007, were 53% of revenue, compared to 47% for the same three-month period of fiscal 2007. This increase in expenses is attributable to a higher level of activities resulting from the Company?s organic growth, specifically resulting in higher overhead expenses. In addition, increase in stock-based compensation expense, resulting from a higher stock price in the last year, impacted the administration expenses in the last quarter. Financial expenses were also higher, in line with the additional financing facilities obtained in order to pay for the additions in iWeb infrastructures.

Adjusted EBITDA increased 65% to $0.8 million, or 25% of revenues, in the last quarter, compared to $0.5 million, or 24% of revenues, for the three-month period ended in December of 2006. This is an increase of 65%.

Net earnings were $18,026 or $0,0007 per share compared to $92,995 or $0.0040 per share one year-ago. As discussed, net earnings for the last quarter were impacted by a stronger Canadian dollar against the U.S. dollar, by higher overhead costs in order to support the Company?s growing operations, and by a higher non-deductible share-based compensation expenses which have also a negative impact on the Company?s effective tax rate, increasing it to 42%, from 32% in the first quarter of fiscal 2007.

Selected Financial Information

*As at September 30, 2007

A full set of financial statements and MD&A for iWeb will be available at www.iweb8.com and at www.sedar.com.

1- The Company defines Adjusted EBITDA as Earnings before interest, taxes, depreciation and amortization and stock based compensation.

About iWeb Group Inc.
Founded in 1996, iWeb offers a full line of advanced IP hosting services either through shared hosting, dedicated servers or co-location 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 www.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 news release.
For more information

Marc Guindon
Groupe iWeb Inc.
Vice-President and Chief Financial Officer
(514) 286-4242 ext. 121
mg@iweb.com

Kristen Dickson
The Equicom Group Inc.
Investor Relations
(416) 815-0700 ext. 273
kdickson@equicomgroup.com

You might have heard that iWeb was rebuilding its website. What’s planned is a new design, new products, new offers… well, almost everything is new.

Just to tease you and to put some pressure on ourselves in order to accelerate the completion of the site, we will present, until the grand opening, a weekly screen shot of the site featuring a sample of a new product.

Let’s begin with Mac servers. Yes, from March 2008, iWeb will offer the possibility to get Mac Mini as dedicated servers.

Packaged with up to 2000GB of traffic and a remote reboot port it has everything you need for a rocking web presence. Use it as a web server, mail server, dns server, mySQL server or even as a Ruby on Rails development server with the new Leopard OS built in Rails.

Make it your backup server for your important files, a fully loaded web hosting server with iTools, an instant messaging server with Jabber, a Quicktime streaming server, a DNS server with or anything else you can think of. The server version of Leopard even supports everything you need to develop Apache 2, Ruby on Rails, Tomcat 5, Java VM and WebObjects 5.4 out of the box!

The price structure of Mac servers needs to be confirmed, but the price should be fixed between 119$ and 149$ per month. Be in the five first persons to pre-order a Mac Mini and get a 25% rebate ! Contact our sales department at this email address to benefit from this great deal.

MONTRÉAL, QUÉBEC, February 4, 2008 iWeb Group Inc. (TSX-V: IWB) (iWeb or the Company), a worldwide internet hosting infrastructure provider, today announced that it has increased its existing lending facility with the Bank of Montreal (BMO). The existing term loans facility, which was for $1.5 million, has been increased by $1 million, bringing the total credit available with the BMO to $2.5 million.

iWeb intends to use this loan facility to fund servers to be integrated in phase three of the installation of the Company’s second data center. This investment in servers and other necessary IT infrastructure will continue expanding the company’s dedicated hosting service offering.
The facility is available in term loans, bearing interest at the banks prime lending rate plus 2.5% and payable in monthly installments over a period of three years.

About iWeb Group Inc.
Founded in 1996, iWeb offers a full line of advanced IP hosting services either through shared hosting, dedicated servers or co-location 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 www.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 news release.
For more information

Marc Guindon
Groupe iWeb Inc.
Vice-President and Chief Financial Officer
(514) 286-4242 ext. 121
mg@iweb.com

Kristen Dickson
The Equicom Group Inc.
Investor Relations
(416) 815-0700 ext. 273
kdickson@equicomgroup.com