iWeb Ranked in the top 20 Movers and Shakers among Canadian IT Companies in 2009

May 6, 2009
May 6, 2009 – (HOSTSEARCH.COM) – iWeb, a global provider of internet hosting service and IT infrastructure, has been ranked 8th among Canada's top 20 movers and shakers in the 2009 Branham300, the annual listing of the top 300 Canadian Technology companies. With its 59% increase in revenue in 2008, iWeb's overall ranking has improved by 33 positions, moving it up to 162nd, from 195th in the 2008 ranking.

"We are very excited to be recognized as one of Canada's top IT companies this year again, we are particularly pleased to be ranked among the companies having experienced the biggest growth over the past 12 months." said Eric Chouinard, President and CEO of iWeb. He added that "iWeb's 59% growth compares well to the 22% average growth rate for companies appearing on the 2009 Branham300"

Overcoming increasing economic pressures, the Canadian ICT elite collectively generating $75.97 billion in revenue, an 18 per cent growth from the previous year's total.

The Montreal-based company was ranked in the ICT Hardware and Infrastructure category. iWeb, who recently announced a 92% increase in first quarter revenues, is a finalist for an OCTAS award in May, and has recently announced that it has reached the 10,000 dedicated server mark. Since becoming a public company in 2004, iWeb has been steadily growing to become one of Canada's largest IP hosting firms.

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.

Branham Group Inc. is a leading strategic marketing 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 projects (eHealth, Outsourcing, and Wireless). Branham annually produces a listing of the top information technology companies in Canada.

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