iWeb Communities: Blog

Montreal, October 7 2008 – iWeb Group Inc. (TSX.V – IWB) is pleased to announce the following changes in the company’s management structure; Martin Leclair, iWeb co-founder, is now President of Products and Technology. Marc Guindon becomes Executive Vice-President of Resources, and Philip Tousignant was appointed Chief Financial Officer (CFO) of the Company, a function previously occupied by Marc Guindon. 

Mr. Leclair, who is actively involved in the evolution and development of new technologies within the Company, becomes President of Products and Technology; a role which will enable him to further strengthen iWeb’s position as a leader in the IP infrastructure hosting industry. 

By becoming Executive Vice-President of Resources, Marc Guindon will be responsible for material, financial and human resources; “the three elements whose recent and future growth will be directly linked to the success of the Company.” According to Martin Leclair, co-founder of iWeb. 

Newly appointed to the role of CFO, Philip Tousignant was previously Corporate Controller at iWeb. “Internal processes have improved consistently since Philip joined iWeb in May of 2007, particularly in the presentation of financial information ” said Eric Chouinard, President and CEO of iWeb. Mr. Tousignant, who holds a bachelor’s degree in accounting from the University of Sherbrooke, occupied various financial functions at Bombardier and Avestor prior to his arrival at iWeb. 

iWeb’s management team also includes Eric Chouinard, President and CEO, Sylvain Leclair, Vice-President of Sales and Marketing, Hugo Dénommée, Vice-President of Development and Automation and Cyrille Mertès, Vice-President of Global IT infrastructure. 

Many changes are also underway within the Customer Service departments, who have recently filled new positions, including: Director of Client Management, Project Manager, Continuous Improvement as well as Director, Managed Services.

**Update: Cyrille Mertes’ title has since been modified to: Vice-President of IT & Infrastructure

About iWeb :

iWeb is listed on the TSX Venture Exchange (TSX-V : IWB), and is one of the largest Canadian providers of Internet hosting services and IT infrastructure. With three secure data centers, all in Montreal, iWeb has carved out an enviable position on the international scene with more than 60% of its revenues from abroad. 

Founded in 1996 in Montreal, iWeb has recently completed a $22M financing agreement with investment banking giant Goldman Sachs. iWeb now has over 120 full-time employees and more than 17 000 customers in 145 countries. For more information, please visit the company’s website at www.iweb.com.

For more information :

Bernard Dahl
Director of Communications and Public Relations
iWeb Group Inc.
(514) 286-4242 poste 115
bdahl@iweb.com

Philip Tousignant
Chief Financial Officer
iWeb Group Inc.
(514) 286-4242 poste 149
ptousignant@iweb.com