iWeb Communities: Blog

iWeb is proud to launch a new feature included in the SuperSmart package for Smart Servers: Smart Group. Smart Group is a private virtual LAN service for all your Smart Servers in your account and is completely dedicated to your account. Servers within a group can communicate while remaining invisible to other clients’ servers connected to the same local network, like a private rack. (more…)

In modern age of online media, we are surrounded by written words. This article is for any amateur or advanced Web designers out there that ever asked themselves the question: “Does the font choice really matter?” The answer is YES! The proper font choice does matter. Actually, it is one of the most important aspects of design, especially in Web design. (more…)

Adding and improving functionality on iWeb’s new line of Smart Severs is a top priority at iWeb. With regular additions of new functions and tools comes a new need: an easy way to view and manage these tools. Enter: Smart Services. (more…)

We know that you are looking for the best performance from your server at the best price. Now, for a limited time only, iWeb is offering SuperSmart free for 3 months with the purchase of a new Smart Server. This amazing package unleashes your server’s power and brings it to a higher level. The awesome features included in SuperSmart are: (more…)

With the International Startup Festival kicking off in just 2 days…. It’s time to announce the winners of our contest.

We asked all you starving startups out there to share your stories with us for a chance to win a free ticket to attend the festival. (more…)

Phishing is a way used by fraudsters to obtain personal information on the Web. The fight against phishing is important to iWeb. We do our part by doing our best to delete phishing pages that can, unfortunately, be sometimes found on servers hosted by iWeb. Today we are exploring a new avenue to defeat this nuisance: educating our clients. (more…)

Just like us, we know that you like to get your hands on the latest technology. In keeping with this mindset, iWeb just launched a new line of Classic Servers equipped with 2 new processor lines for July. First, on the single processor server line, we are adding the second generation of Intel Core processors. (more…)

Montreal (QUEBEC) June 29th 2011 — iWeb Technologies, global provider of internet hosting services, and technology media site MontrealTechWatch today unveiled a program to kickstart Montréal web startups, with exclusively designed products and services.

MontrealTechWatch is Montreal’s first new media site covering local technology and innovation. With a mix of blog posts and new media coverage, a strong presence in social media outlets, and itsorganization of tech-focused events such as Blitzweekend, MontrealTechWatch has developed a strong local presence amongst web developers, entrepreneurs and designers. (more…)

In June, Classic Servers are available at an amazing 99$/month!

For this price you will receive a completely customizable server with an Intel Core i3 processor and an astonishing 10TB allocated bandwidth per month. The benefit of this preassembled dedicated server is an accelerated delivery period of 4 hours. (more…)

With the promise of constantly improving the Smart Servers features, iWeb launches a new option included in the SuperSmart package. This new feature is the activation and the administration of a Firewall directly from the Control Center.

You will now be able to operate a user-friendly Firewall on your SmartServer in a few clicks with the easy-to-use web based interface. This new feature allows you to enhance your server’s security and to ensure increased uptime on your server. This adaptable Firewall is dedicated to your server and, consequently, is not shared between various servers or clients. (more…)

iWeb today released its financial results for the second quarter (Q2) of its fiscal 2011, ended March 31, 2011.

“The second quarter has been an eventful one for iWeb, rich with challenges; iWeb must continue to focus on growth, all the while delivering profitable results,” said Éric Chouinard, iWeb President and CEO. “Smart Servers”, which use the new automation technology developed by iWeb, already account for 8% of revenue – a positive trend towards the reconciliation of revenue growth and profitability in the coming quarters.” (more…)

MONTREAL (QUEBEC) – May 30, 2011 – iWeb (TSX-V: IWB), a global provider of Internet hosting services and IT infrastructure, today released its financial results for the second quarter (Q2) of its fiscal 2011, ended March 31, 2011.

Second Quarter Highlights:

• 21% increase in revenues, from $7.1 million to $8.6 million
• Addition of $408,000 in new net monthly recurring revenue after 6 months, already 14% higher than all recurring revenues generated during fiscal 2010.
• Adjusted EBITDA of $1.6 million (18% of revenues)
• Operating loss of $1.1 million, net loss of $1.1 million
• Received a non-binding offer to purchase 100% of iWeb shares at a price of $1.50 per share, followed by a privatization agreement on May 3rd, 2011 (http://blog.iweb.com/en/2011/05/iweb-announces-agreement-to-privatize-the-corporation-for-a-cash-consideration-of-1-50-per-common-share/7477.html)

“The second quarter has been an eventful one for iWeb, rich with challenges; iWeb must continue to focus on growth, all the while delivering profitable results,” said Éric Chouinard, iWeb President and CEO. “Smart Servers”, which use the new automation technology developed by iWeb, already account for 8% of revenue – a positive trend towards the reconciliation of revenue growth and profitability in the coming quarters.”

“The net loss incurred during the period is due in part to high financial expenses, and highlights the need to combine revenue growth while containing costs and improving operational efficiencies to return to a positive bottom line as quickly as possible”, added Chouinard, who co-founded iWeb with Martin Leclair in 1996. “Recent developments regarding iWeb ownership aim to decrease the Company’s debt burden, enabling better focus on core activities, including developing new technologies, increasing market share, and a swift return to profitability.”

Selected Financial Data (in thousands of U.S. dollars, except per share amounts)

* Refer to the “Selected financial information” section of Management’s discussion and analysis (MD&A) for a description of Adjusted EBITDA.

Second quarter 2011 financial review
Unless otherwise indicated, all amounts are in U.S. dollars (USD). Since September 30, 2010, the Company’s financial results are presented in USD.

• Revenues rose 21% year-over-year and 8% quarter-to-quarter, to $8.6 million – 80% of which are in USD.
• EBITDA of $1.6 million, representing 18% of revenues, was lower than EBITDA of $2.0 million recorded in Q2-2010.
• Net loss of $1.1 million, due mostly to financial expenses and unrealized exchange loss on long-term debt incurred during the quarter, down from $374,000 profit recorded in Q2-2010.
• Future revenue : $202,000 in new net recurring revenue (NNRR) were added during the quarter. Billed monthly, this represents $2.4 million on an annual basis. 6 months into Fiscal 2011, total NNRR was $408,000, or $4.9 million on an annual basis – 14% better than the $4.6 million in NNRR generated for all four quarters of 2010.
• Smart server, Smart Layer and investments : Launched in October 2010, the Smart Server already accounts for 8% of iWeb revenue. The addition of 1,000 new servers, completion of the first phase of the iWeb-NE data center, and significant investments in systems development, particularly iWeb’s proprietary “Smart Layer” platform, represent the bulk of the amounts invested during the quarter.

Complete interim financial statements and Management’s Discussion and Analysis (MD&A) are available on the Company’s website ( http://investors.iweb.com) and on SEDAR (http://www.sedar.com).

About iWeb.com (iWeb.com)

iWeb is a worldwide provider of Internet hosting services and IT infrastructure. Operating four data centers, iWeb has a capacity of 34,000 dedicated servers, over 1,100 colocation racks and Internet capacity of 77 Gbit/s, divided between nine providers.

One of the 100 fastest growing companies in Canada according to PROFIT magazine, iWeb takes more than 60% of its revenues from abroad. With revenues of US$29 million in 2010, iWeb provides services to more than 25,000 customers in 150 countries. Founded in 1996 in Montreal, iWeb is listed on the TSX Venture Exchange under the symbol “IWB”.
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Forward Looking Statements
This release contains forward-looking statements relate to future events or iWeb’s future economic performance and reflect assumptions and current expectations of management. Certain unknown factors may affect the events, financial performance and operating results. iWeb is not obligated to update or revise publicly any forward-looking statements result of new information, future events or other factors, unless applicable law requires it. The TSX Venture Exchange assumes no responsibility for the adequacy or accuracy of this release

Information: http://investors.iweb.com

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

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

On the 8th of June, iWeb will join Web leaders, such as Facebook, Google, Yahoo! and Bing, to provide IPv6 access to users of this new protocol when they connect to iWeb.com.

Prepared by the Internet Society, World IPv6 Day’s goal is to promote a progressive transition to the IPv6 protocol, since addresses in the current IPv4 protocol, are in short supply.
(more…)