Quebec, Canada – (The Hosting News) – October 30, 2008 – Internet hosting infrastructure provider, iWeb Group Inc., and subsidiary of iWeb Technologies, was recently invited to be the first presentation of the “Growth in Managed and Internet Services” session at the RBC Capital Markets Growth Conference.
Bernard Dahl, iWeb’s Director of Communications and Public Relations presented investors with iWeb’s perspectives on the current state of Internet services at the conference, which is being held at the MaRS Centre in Toronto.
Held at the MaRS Centre, Toronto, Ontario, the event featured leaders in the technology finance industry sector, with discussions of business strategies and outlooks from all of the participating companies.
RBC Capital Markets is the corporate and investment banking arm of RBC and the 12th largest investment bank in the world >(Bloomberg, April 2008). RBC Capital Markets is active globally in fixed income, foreign exchange, infrastructure finance, metals, mining and energy. RBC’s international fixed income and treasury businesses are managed from London, which is the centre of a 24-hour trading platform with major hubs in Toronto, New York and Sydney. The company is part of a leading provider of financial services, Royal Bank of Canada (RBC). Operating since 1869, RBC has more than US$625 billion in assets and one of the highest credit ratings of any financial institution – Moody’s Aaa and Standard and Poor’s AA-.
Recently, iWeb restructured its management team, to include Martin Leclair, iWeb co-founder, as President of Products and Technology. Marc Guindon has become Executive Vice-President of Resources, and Philip Tousignant was appointed Chief Financial Officer (CFO) of the Company, a function previously occupied by Marc Guindon.
Mr. Leclair, who is actively involved in the evolution and development of new technologies within the Company, becomes President of Products and Technology ? a role which will enable him to further strengthen iWeb’s position as a leader in the IP infrastructure hosting industry.
By becoming Executive Vice-President of Resources, Marc Guindon will be responsible for material, financial and human resources; the three elements whose recent and future growth will be directly linked to the success of the Company, according to Martin Leclair, co-founder of iWeb.
Newly appointed to the role of CFO, Philip Tousignant was previously Corporate Controller at iWeb. Internal processes have improved consistently since Philip joined iWeb in May of 2007, particularly in the presentation of financial information, indicated Eric Chouinard, President and CEO of iWeb. Mr. Tousignant, who holds a bachelor’s degree in accounting from the University of Sherbrooke, occupied various financial functions at Bombardier and Avestor prior to his arrival at iWeb.
iWeb’s management team also includes Eric Chouinard, President and CEO, Sylvain Leclair, Vice-President of Sales and Marketing, Hugo Denommee, Vice-President of Development and Automation and Cyrille Mertes, Vice-President of Global IT infrastructure.
Many changes are also underway within the Customer Service departments, who have recently filled new positions, including: Director of Client Management, Project Manager, Continuous Improvement as well as Director, Managed Services.
The company attained ranking among Profit Magazine’s top 100 Canadian companies, based on 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. 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.
iWeb is listed on the TSX Venture Exchange (TSX-V : IWB), and is one of the largest Canadian providers of Internet hosting services and IT infrastructure. With three secure data centers, all in Montreal, iWeb has carved out an enviable position on the international scene with more than 60% of its revenues from abroad. Founded in 1996 in Montreal, iWeb has recently completed a $22M financing agreement with investment banking giant Goldman Sachs. iWeb now has over 120 full-time employees and more than 17 000 customers in 145 countries.
To learn more, please visit: www.iweb.com.