iWeb Ranks High Among Canadian Tech Companies

(Ping! Zine Web Hosting Magazine) – iWeb, 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 – 124th *
• 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.