Web Host PEER 1 Hosting Selects Magento as Partner of the Year

April 20, 2012 – (HOSTSEARCH.COM) – PEER 1 Hosting (TSX: PIX), the global IT hosting provider, announced today it has selected Magento, a leading eCommerce platform provider and division of X.commerce, Inc., an eBay Inc. (NASDAQ: EBAY) company as the winner of its 2011 Partner of the Year Award. The inaugural award, which honours excellence in customer service and top referrals, was handed out earlier this month in Los Angeles, California.

Magento is the fastest growing eCommerce platform in the world, serving leading brands, innovators and large retailers. Magento and PEER 1 Hosting collaborated closely for the last two years to create robust solutions for eCommerce clients. This past fall, the companies began offering online retailers an optimized Managed Hosting solution designed and calibrated to improve the performance and reliability of Magento-based storefronts. The turnkey infrastructure solution has been extremely successful over the last several months, and has enabled customers to grow their business and scale the solution to suit their needs.

“Magento embodies what being a partner means in every sense," said Jose Santos, Director, Alliance and partner programs, PEER 1 Hosting. “They work with us to ensure our joint customers are receiving the very best service and performance from their solutions."

This year’s award winner was selected by PEER 1 Hosting's newly formed Partner Evaluation Committee, which is comprised of three Senior Executives and five Partner Relations team members. The committee looked at various criteria to select a winning company, including highest number of customer referrals. Magento is a SMART+ Partner under the revamped Partner Program announced earlier this month, meaning they have referred more than any other partner in recurring revenue. This past year, Magento was the partner with the highest number of referred customers. The committee also awarded Magento high marks for their commitment to customer service, the access and viability of their ecosystem/community and their global reach. These factors, coupled with their outstanding technical collaboration, has earned Magento this year's award.

“This award represents the intersection of huge growth in eCommerce, demand for the Magento platform and need for a trusted hosting partner,” said Bob Schwartz, President, Magento. “Our merchants trust us to design software that gives their customers the best online shopping experience and we trust PEER 1 Hosting to keep our joint clients’ websites running on a strong network with top-notch support.”

PEER 1 Hosting is also a proud gold sponsor of the upcoming Magento Imagine Conference being held April 23 to 25, 2012 in Las Vegas, Nevada. For more information: http://www.imagineecommerce.com.

About PEER 1 Hosting

PEER 1 Hosting is one of the world’s leading IT hosting providers. The company is built on two obsessions: Ping & People. Ping, represents its commitment to best-in-breed technology, founded on a high performance 10Gbps FastFiber Network™ connected by 18 state-of-the-art datacenters, 22 points-of-presence and 10 colocation facilities throughout North America and Europe. People, represents its commitment to delivering outstanding customer service to its more than 10,000 customers worldwide, backed by a 100 percent uptime guarantee and 24x7x365 FirstCall Support. Info-Tech Research Group recently named PEER 1 Hosting as a “Champion” in its Canadian colocation and managed services Vendor Landscape report, recognizing the company’s strength in product offerings and enterprise strategy in the global IT marketplace. PEER 1 Hosting’s portfolio includes Managed Hosting, Dedicated Servers under the ServerBeach brand, Colocation and Cloud Services under the Zunicore brand. Founded in 1999, the company is headquartered in Vancouver, Canada, with European operations headquartered in Southampton, UK. PEER 1 Hosting shares are traded on the TSX under the symbol PIX.



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