iWeb CEO Eric Chouinard named to Canada's Top 40 Under 40(TM)

MONTREAL, June 7 /CNW Telbec/ - iWeb.com is pleased to announce that Eric Chouinard has been named a Recipient of Canada's Top 40 Under 40(TM) for 2009.

"This is an overwhelming and very humbling experience, I am very grateful and honored to find myself among a very special group of individuals." says the Montreal-born entrepreneur, who recently graduated from the MIT entrepreneurial program. "I'd like to thank everyone at iWeb, my wife, and my three children, with whom I proudly share this recognition - this wouldn't have been possible without all of them!"

iWeb is a Canadian provider of IT infrastructure and Internet hosting services, with 22,000 clients in 150 countries.

"This is a well-earned achievement for Eric, who has devoted himself to iWeb's growth for the past 15 years" adds Martin Leclair, iWeb's President of Products and Technologies, with whom Eric co-founded the company. "We congratulate him and are very proud to be working together to help companies find new and better ways to consume computing."

Selected from over 1,200 nominees by an independent Advisory Board, comprised of 25 business leaders from across Canada, Eric and his peers were chosen on five key criteria: vision and leadership; innovation and achievement; impact; community involvement and contribution; and strategy for growth.

Canada's Top 40 Under 40(TM) is a prestigious national award program, which annually honours 40 Canadians in the private, public and not-for-profit sectors under the age of 40. The program, now in its 15th year, is managed by founding sponsor, The Caldwell Partners International. In addition to The Caldwell Partners, national sponsors include Deloitte, National Bank Financial, The Globe and Mail, and WestJet.

About iWeb Group Inc. (iWeb.com)

iWeb is a worldwide provider of Internet hosting services and IT Infrastructure. With the opening of its fourth 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 170 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

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

For further information: Bernard Dahl, Investor Relations/Media Relations, Presentis, Direct: [phone], [email protected]