iWeb 31st fastest growing company in Canada

1644% revenue growth since 2004 secures iWeb's highest-ever ranking on Profit100

MONTREAL, June 28 /CNW Telbec/ - 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 31st position, up from 85th the year before and 100th in 2008.

Recently named to Canada's Top 40 Under 40ä, 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*:

    
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                                       2009          2004        % increase
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    Revenue (in thousands $)         27,146         1,556              1644%
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    Dedicated Server capacity        33,800         1,800              1778%
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    Employees                           183            30               510%
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    Data Centers                          4             1               300%
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    Clients                          22,000         4,400               400%
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    *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)
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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

For further information: Philip Tousignant, Chief Financial Officer, iWeb Group Inc., [phone] ext. 2149, [email protected]; Bernard Dahl, Presentis, Investor Relations/Media Relations, [phone], [email protected]