iWeb Communities: Blog

iWeb Technologies is ranked among Profit Magazine’s top 100 Canadian companies, based on revenue growth over the past 5 years.

MONTREAL, QUEBEC, June 9th 2008 ? iWeb Group Inc. (TSX-V : IWB) « iWeb », a global Internet infrastructure hosting provider, is proud to have its subsidiary iWeb Technologies Inc. make its way into the PROFIT 100 ranking as one of the Canadian companies with the strongest revenue growth over the past 5 years.

From 2002 to 2007, the company?s revenues have gone from 1.35 million to 9.82 million as of October 1st 2007, an increase of 627%; enough for iWeb to make its entry into the 100th position on the annual ranking.

Eric Chouinard, CEO and co-founder of iWeb; ?The increase in revenue is not necessarily the measure of our success, but rather the cumulative result of all our successes combined.? He then adds that ?our listing on the Toronto Stock Exchange (TSX-Venture) in 2004 has been an important milestone in this development.?

?iWeb has transformed itself a lot since 2002? comments Martin Leclair, Chief Operating Officer and co-founder of iWeb. ?In 5 years we have gone from 19 to 104 employees, from 500 square feet of web hosting facilities to more than 52 000 square feet in three datacenters, including the opening of a carrier-neutral colocation facility on Nun?s Island in May 2008. Growth management has become as important as technological management.? He adds.

The PROFIT 100 is the annual ranking which rates the top 100 Canadian companies based on the percentage of their revenue growth over a 5-year span. Produced by the business magazine PROFIT, 2008 marks the 20th edition of the ranking. The complete list will be published in the June edition, as well as on the website: www.profit100.com

About iWeb Group Inc.
Founded in 1996, iWeb is today one of the leading Canadian providers of advanced IP hosting services either through shared hosting, dedicated servers or co-location in three data centers, featuring over 52 000 square feet of floor space and the latest technological equipment. iWeb provides services in English, French and Spanish to more than 13,000 clients from more than 135 countries. For more information, please visit the Company’s website at www.iweb.com.

Caution concerning forward-looking statements
This news release contains certain forward-looking statements. These statements relate to future events or iWeb’s future economic performance and reflect the current assumptions and expectations of management. Certain unknown factors may affect the events, economic performance and results of operations. iWeb undertakes no obligation, and does not intend to, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable law. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

For further information:

Marc Guindon
iWeb Group Inc.
Vice-President and Chief Financial Officer
(514) 286-4242 ext. 121
mg@iweb.com

Sylvain Delisle
iWeb Group Inc.
Communications
(514) 286-4242 ext. 152
sdelisle@iweb.com