iWeb reaches the 10,000 Server Milestone
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Montreal, Quebec - April 21, 2009 - iWeb has announced that the company now hosts more than 10,000 dedicated servers through their Montreal Internet data centers. They also announced that they have grown in size from 3,000 hosted servers in 2006 to over 10,000 dedicated servers today.
"The fact is that many companies today are using IP-based technologies to keep IT spending under control, or to reduce spending. IT budget restrictions mean that the companies we work with are outsourcing their infrastructure to iWeb instead of financing their servers, maintaining them and building their own data centers." said Eric Chouinard, iWeb's President and CEO. iWeb, who provides hosted dedicated servers as a monthly service, has seen its revenues increase at least 60% every year since 2003.
"When iWeb started providing dedicated server hosting in 2002, it was as an experiment, 10,000 servers later it has become iWeb's core business" says iWeb's President of Products and Technology, Martin Leclair. "iWeb is now in a position to start creating a server product that has even more value for the customer" confirms the enthusiastic co-founder of iWeb.
iWeb has experienced rapid growth through the provision of dedicated hosting and managed hosting services. Since becoming a public company in 2004, iWeb has been steadily growing to become one of Canada's largest IP hosting firms. To celebrate reaching the 10,000 dedicated server milestone, iWeb will be launching a theme-based marketing campaign revolving around the number 10,000.
About iWeb:
iWeb is a worldwide provider of Internet hosting services and IT Infrastructure, with three secure data centers in Montreal. 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 more than 20,000 customers in 150 countries. iWeb's shares are listed on the TSX Venture Exchange (TSX-V : IWB), for more information please consult the Company's website, www.iweb.com
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