iWeb.com 52nd fastest growing company in Canada
10 June 2011 - 10:10PM
PR Newswire (Canada)
MONTREAL, June 10, 2011 /CNW/ -- iWeb's 4th consecutive ranking on
Profit 200, 1107% growth since 2005 MONTREAL, June 10, 2011 /CNW
Telbec/ - iWeb (TSXV: IWB), a global provider of IT Infrastructure
and Internet hosting services, has been ranked as Canada's 52(nd)
fastest growing company, making it one of only 16 companies on this
year's list to achieve at least four rankings on the Profit200, the
annual ranking of Canadian companies based on 5-year revenue
growth. iWeb, who provides web hosting services from its four
Montreal data centers, saw its 2010 revenue reach $29 Million in
2010 - making it the 35(th) highest earner on the list - from $2.4
Million in 2005, a 1107% growth, which moved iWeb into the 52(nd)
position, having previously ranked 100(th) in 2008, 85(th) in 2009
and 31(st) in 2010 - the company's highest ever ranking. "iWeb's
success is the direct result of our team's massive efforts over the
years, which has produced innovations like the SMART SERVER and the
SMART LAYER" says iWeb CEO Eric Chouinard, pointing out that "our
growth isn't measured exclusively in dollars; the number of iWeb
employees went from 30 in 2004 to nearly 200 today. I am extremely
proud of everyone." iWeb's progress in the PROFIT 200 ranking
(formerly Profit 100):
__________________________________________________________ | | 2010
| 2009 | 2008 | 2007 |
|_________________________|________|________|______|_______|
|Revenue (in Millions $US)|$ 29.0 M|$ 23.1 M|$ 15.5| $ 8.8 |
|_________________________|________|________|______|_______| |5
year growth percentage | 1,107% | 1,644% |1128% | 627% |
|_________________________|________|________|______|_______|
|Ranking on the Profit 200| 52(nd) | 31(st) |85(th)|100(th)|
|_________________________|________|________|______|_______| 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 29 years,
Canadian entrepreneurs and senior managers 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 achieve business success and get the recognition they deserve
for generating positive economic and social change. Visit PROFIT
online at http://www.PROFITguide.com. About iWeb (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
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".
http://iWeb.com Image with caption: "Eric Chouinard and Martin
Leclair, iWeb co-founders (CNW Group/IWEB GROUP INC.)". Image
available at:
http://photos.newswire.ca/images/download/20110610_C4733_PHOTO_EN_01.jpg
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http://www.cnw.ca/en/releases/archive/June2011/10/c4733.html table
border="0" valign="top" tr td bPhilip Tousig/bbnant /bbr/ iWeb
Group Inc.br/ Chief Financial Officerbr/ (514) 286-4242 ext.
2149br/ a href="mailto:ptousignant@iweb.com"ptousignant@iweb.com/a
/td td /td td /td td /td td bBe/bbrnard
Dahl /bbr/ Presentisbr/ Investor Relations / Media
Relationsbr/ (514) 802-2801br/ a
href="mailto:bernard@presentis.ca"bernard@presentis.ca/a /td /tr
/table p /p table border="0" valign="top" tr td bPhilip
Tousig/bbnant /bbr/ iWeb Group Inc.br/ Chief Financial
Officerbr/ (514) 286-4242 ext. 2149br/ a
href="mailto:ptousignant@iweb.com"ptousignant@iweb.com/a /td td
/td td /td td /td td bBe/bbrnard
Dahl /bbr/ Presentisbr/ Investor Relations / Media
Relationsbr/ (514) 802-2801br/ a
href="mailto:bernard@presentis.ca"bernard@presentis.ca/a /td /tr
/table p /p
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