iWeb Communities: Blog

iWeb achieves its third consecutive ranking on the Profit100, the annual ranking of Canadian companies based on 5-year revenue growth.

iWeb’s revenue grew to over $27.1 Million in 2009, from $1.6 Million in 2004, a 1644% growth which moved iWeb into the 31st position, up from 85th the year before and 100th in 2008.

Recently named to Canada’s Top 40 Under 40, CEO Eric Chouinard credits iWeb’s team; “It is impressive to see how innovative and passionate our team has become. Everyone has put so much into reaching their targets and objectives. iWeb’s growth, almost entirely organic, is the result of this collective effort!”

[More details in our press release]

Wordpress is probably one of the best known content management systems. There are many others, TikiWiki or Impress CMS to name a few, but when it comes to managing a blog, Wordpress is certainly the most popular. The software, whose development is led by the Automattic team is so popular that it has almost ousted SixApart’s MovableType, that has been the leader in this field for many years . (more…)

Montreal, Qc, June 28 2010 – iWeb (TSX.V – IWB), a global provider of IT Infrastructure and Internet hosting services, achieves its third consecutive ranking on the Profit100, the annual ranking of Canadian companies based on 5-year revenue growth.

iWeb’s revenue grew to over $27.1 Million in 2009, from $1.6 Million in 2004, a 1644% growth which moved iWeb into the 31^st position, up from 85^th the year before and 100^th in 2008.

Recently named to Canada’s Top 40 Under 40, CEO Eric Chouinard credits iWeb’s team; “It is impressive to see how innovative and passionate our team has become. Everyone has put so much into reaching their targets and objectives. iWeb’s growth, almost entirely organic, is the result of this collective effort!”

iWeb’s 5 year growth, in numbers*:

*rounded figures

About PROFIT Magazine:

PROFIT: Your Guide to Business Success is Canada’s preeminent publication dedicated to the management issues and opportunities facing small and mid-sized businesses. For more than 25 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it’s a timely and reliable source of actionable information that helps them increase their revenues, boost their profitability and get the recognition they deserve for generating positive economic and social change. Published six times a year by Rogers Publishing Ltd., PROFIT is distributed almost exclusively to the chief executives of companies with 5 to 250 employees and annual revenue of $1 million to $25 million, reaching 306,000 readers across Canada. Visit PROFIT online at http://www.PROFITmagazine.ca.

About iWeb Group Inc. (iWeb.com)

iWeb.com is a worldwide provider of Internet hosting services and IT Infrastructure. With the opening of its fourth secured data center in Montreal, iWeb’s capacity will near 35,000 dedicated servers. Since 2004, the company’s compounded annual growth rate has been above 75%, making it one of Canada’s 100 fastest growing companies according to PROFIT Magazine.

Founded in 1996 in Montreal, iWeb now generates more than 60% of its revenues from abroad; and employs over 180 full-time employees providing Dedicated Server Hosting, Co-location and Web Hosting services to close to 22,000 customers in 150 countries. iWeb’s shares are listed on the TSX Venture Exchange (TSX-V: IWB); for more information please consult: http://investors.iweb.com

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For more information:

Philip Tousignant
iWeb Group Inc.
Chief Financial Officer
(514) 286-4242 ext. 2149
ptousignant@iweb.com

Bernard Dahl
Presentis
Investor Relations / Media Relations
(514) 802-2801

A brief earthquake was felt in Montreal earlier today. According to our sources magnitude of the earthquake was 5.5 on the Richter scale. The quake was felt as far away as Toronto and in the State of New York in the United States. The epicenter was north of Buckingham.

Apparently no damage has been reported. As for iWeb, no problem either. Our data centers and our services were not affected.