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Quebec, Canada - (The Hosting News) - January 20, 2009 - The iWeb Group Inc. subsidiary of iWeb Technologies network, has reached 50 Gbps, while the IP network capacity has quintupled over the past year.
With its most recent expansion, iWeb's network now totals 50 Gbps. In order to meet a constantly greater demand for bandwidth from clients with web-based applications such as Software-as-a-Service (SaaS) and video services, the global internet hosting provider's network has more than quintupled in the past year, growing from 9 Gbps to 50 Gbps today.
Eric Chouinard, President and CEO of iWeb's added, ''The fact is that many companies today are using web-based technologies to keep IT spending under control, or to reduce spending. IT budget restrictions mean that the companies we work with are outsourcing their infrastructure to iWeb faster than planned in order to meet their targets.. New technologies are increasingly web-based, and our clients require more bandwidth every month.''
Martin Leclair, President of Products and Technology of iWeb remarked, ''Combined with the ever increasing bandwidth requirements of newer applications, we are constantly surprised with some of the innovative solutions our clients have put online - things we would not have imagined 5 years ago. Capacity is scheduled to increase again shortly and continually throughout the coming year, which is a clear indication of the direction in which technologies are heading - everything is going online.''
The network combines a total of 9 major telecommunications carriers into iWeb's award-winning network, which uses BGP routing to ensure performance and reliability.
The Montreal-based company, whose financial results are scheduled to be published later this week, will be rolling out marketing campaigns to promote related bandwidth and dedicated server hosting services. 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, and is listed on the TSX Venture Exchange (IWB.V). 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 150 full-time employees providing Dedicated Server hosting, Co-location and Web Hosting services to more than 17 000 customers in 145 countries.
To learn more, please visit: www.iweb.com.
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