iWeb achieves its highest-ever ranking among Canadian Tech companies
19 Abril 2011 - 11:52AM
PR Newswire (Canada)
MONTREAL, April 19 /CNW/ -- MONTREAL, April 19 /CNW Telbec/ - iWeb
(TSXV: IWB), Global provider of Internet hosting services and IT
infrastructure, has been ranked 120 th in the 2011 Branham300, the
annual listing of the top 300 Canadian Technology companies, thanks
to revenues of US$29 million in 2010, iWeb's overall ranking has
been steadily improving since the Company's first inclusion on the
ranking, 241st in 2006. iWeb's ascension in the Branham 300
ranking; 2006 - 241st 2007 - 206th 2008 - 195th 2009 - 162nd 2010 -
124 th * 2011 - 120th *a procedural anomaly prevented iWeb's
results from being properly displayed in the 2010 ranking "We are
thrilled to be recognized as one of Canada's top IT companies since
2006; iWeb's 26% growth in 2010 compares well to the 4% average
growth rate for companies appearing on the 2011 Branham300." said
Eric Chouinard, President and CEO of iWeb. He added that "Based on
this year's ranking, the Canadian ICT industry comes across as
healthy, which is a promising indicator of future growth for iWeb.
Congratulations to our clients and partners who also made this
year's list! As Branham Group predicted in last year's edition of
the Branham300, Canada's Information and Communications Technology
(ICT) industry realized modest growth in 2010, as cumulative
revenues for the Top 250 Canadian ICT companies increased 3.66% to
CA$73.93 billion, up from CA$71.32 billion in 2009. The
Montreal-based company was ranked in the ICT Hardware and
Infrastructure category. iWeb, who recently unveiled its new
corporate image, announced in January that it had activated its
1000th Smart Server (the Company provisions a total of 14,000
dedicated servers, including the Smart Servers). Since becoming a
public company in 2004, iWeb has been steadily growing to become
one of Canada's largest IP hosting firms, and was ranked in the top
20 movers and shakers in Canadian IT companies in 2009. About iWeb
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
24,600 customers in 150 countries. Founded in 1996 Montreal, iWeb
is listed on the TSX Venture Exchange under the symbol "IWB". About
Branham Group Inc. Branham Group Inc. is a leading industry analyst
and strategic consulting firm servicing the global information
technology marketplace. Branham Group assists information
technology companies and related institutions in achieving market
success through its custom consulting services (Planning, Marketing
and Partnering), and through its multi-client research subscription
programs (Digital Health and Green IT). Branham also produces an
annual listing of the top information and communications technology
(ICT) companies in Canada (www.branham300.com), tracks the Canadian
Outsourcing industry and monitors over 450 Digital Health vendors.
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Philip Tousignantbr/ Chief Financial Officerbr/ IWeb Group Inc.br/
(514) 286-4242 ext 2149 /p p Bernard Dahlbr/ Investor Relations and
Media Relationsbr/ Presentisbr/ (514) 802-2801 /p
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