Dedicated Server, Colocation Provider, iWeb Group, Attains $22M Financing (Try Hosted Kerio Email by Inftek Hosting)

Quebec, Canada - (The Hosting News) - August 28, 2008 - Web hosting services company, iWeb Group Inc., has entered into a partnership for a $22M financing agreement, with Goldman Sachs Credit Partners L.P., covering long term growth of the company’s data centers, dedicated server leasing and web hosting operations.

Eric Chouinard, Chief Executive Officer of iWeb remarked, ”With this agreement, Goldman Sachs will provide financing to allow us to further our business objectives.”

iWeb will initially receive $ 10M USD in senior debt, 5 years, 16% and $ 1M in common shares will be issued to Goldman Sachs at $ 1.30 per share, these common shares will be subject to a four-month hold period. A subsequent $ 1M in shares will follow at $ 1.30, subject to certain market conditions. Under the second part of the agreement, Goldman Sachs can provide an additional $ 8M in senior debt with $ 2M in shares to be issued at market price, all subject to certain conditions and performance indicators.

Marc Guindon, Vice-President and Chief Financial Officer added, ”A deal of this magnitude will allow us to continue investing in the infrastructures which are vital to maintaining our growth, which has been outstanding thus far.”

Last year, iWeb’s financial results indicated a revenue of $3.2 million, with a 62% increase in revenues compared to the first quarter of previous fiscal year.

Other highlights included: - Adjusted EBITDA(1) of $0.8 million, a 65% increase over the first quarter of fiscal 2007 - Closing of a 3.3 million of shares public offering with gross proceeds of $4.1 million - Beginning of installation work of the Nuns’ Island premises for a new co-location data center.

For the first quarter of 2008, consolidated revenues increased $1.2 million or 62% to $3.2 million compared to the same quarter of last year. This revenue growth can be attributed primarily to a steady rise in dedicated server demand. Gross profit margin for the first quarter of fiscal 2008 was in line with last year margin at 54%. The benefits of tight operating cost control were offset by the decrease in value of the U.S. dollar against the Canadian dollar, having a negative effect on Company’s revenues in the last quarter. More than 70% of iWeb revenues are generated in U.S. currency. Total operating expenses for the quarter ended December 31, 2007, were 53% of revenue, compared to 47% for the same three-month period of fiscal 2007.

As discussed, net earnings for the last quarter were impacted by a stronger Canadian dollar against the U.S. dollar, by higher overhead costs in order to support the Company’s growing operations, and by a higher non-deductible share-based compensation expenses which have also a negative impact on the Company’s effective tax rate, increasing it to 42%, from 32% in the first quarter of fiscal 2007.

Founded in 1996, iWeb offers a full line of advanced IP hosting services either through shared hosting, dedicated servers or co-location in three data centers, featuring over 52,000 square feet of floor space and the latest technological equipment. iWeb provides services in English, French and Spanish to clients in more than 130 countries.

For more information about iWeb, please visit: www.iweb8.com.

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Wilmington, Delaware - (The Hosting News) - August 28, 2008 - Server management and data center administration facilitator, Rack-Soft, has unveiled its VoipNow Browser Module, a free plug-in designed to enable web page click to call functions.

Bogdan Carstoiu, General Manager at Rack-Soft explained, ”We created this plug-in software because we wanted to offer our customers better integration with software from other vendors. For all applications that work in the browser, we addressed the integration at the browser level. VoipNow users will be able to add click to call features to any application, which is unique in industry. We are offering this experience for free, so our customers do not have to pay for the hidden costs, wait for integrations to become available or install and maintain third party software. Once the browser plug-in is configured, it will work with any web based application.”

VoipNow Browser Module can be downloaded from Rack-Soft website at www.4psa.com/getvoipnowbm and used for free. The browser plug-in is working only together with a 4PSA VoipNow Call API interface. Providers using 4PSA VoipNow platform to deliver PBX services can redistribute the module free of charge to their customers.

The Browser Module searches inside web pages for phone numbers and highlights them, allowing VoipNow users to call anyone directly from a web page. 4PSA VoipNow Browser Module is available for Microsoft Internet Explorer, a version for Mozilla Firefox being scheduled later this year. The new software add-on integrates 4PSA VoipNow with virtually any web based application on the market, like CRMs, ERPs, Intranet, web based email services, regular websites etc. The browser plug-in is compatible with dynamic web pages using AJAX technologies, delivering productivity boost to employees that heavily use phone communication, like sales and customer relationship representatives.

Rack-Soft is a developer and integrator of software solutions for the server market, utilized by ISP, HSP, small and medium businesses. Rack-Soft products are developed to simplify server management, data center administration, and voice communications. Rack-Soft implements CMM (Capability Maturity Model) in order to maximize software reliability.

To learn more, please visit: www.4psa.com.

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London, United Kingdom - (The Hosting News) - August 28, 2008 - Web hosting managed services company, Attenda Limited, has been engaged to manage iWantGreatCare.org, through Attenda’s launch of Real Time Infrastructure (RTI) services.

Following a year in development and running Attenda’s live internal applications for over six months, Attenda’s Real Time Infrastructure is now live.

iWantGreatCare.org is as an independent organization that brings together healthcare professionals, patient groups and others with a passion for making sure that every patient in the UK gets the very best care. Attenda RTI is an extension of Attenda’s Virtualisation Platform and builds upon the company’s investment and expertise in VMware, recognised through its VMware EMEA Hosting Partner of the Year Award.

Neil Bacon, Founder and CEO, iWantGreatCare.org remarked, ”As one of the fastest growing networking sites on the web, the agility and scalability of the Attenda RTI were key to our decision. The solution allows our organisation to invest in computing resources when we need it, eliminating the need to over-invest in unused capacity at the outset.”

Simon Hansford, VP Products and Marketing, Attenda added, ”CEOs are starting to recognise that a Real Time Infrastructure is a critical pre-requisite to achieving business goals within the enterprise. We see Attenda RTI as a vital new component in our IT Managed Services portfolio, enabling clients to transform their IT with rapid provisioning of resources, increasing their service quality whilst reducing their upfront costs.”

Mr. Bacon continued, ”Our service demands high availability, with 24 x 7 user access, and looking at the marketplace Attenda was a clear leader in the provision of high availability managed services.”

Solutions deployed on Attenda RTI benefit from the high levels of business agility and service availability when compared to a comparable physical infrastructure. This includes immediate access to 150% of the subscribed processor, memory, storage and bandwidth capacity to meet unpredicted business or capacity demands - free of charge. Capital costs are significantly reduced through the use of virtualisation and leveraging elements of Attenda’s M.O. shared infrastructure including networking and storage. Additionally, RTI resources can be combined with dedicated physical resources to provide the flexibility required for enterprise solutions.

Attenda is both ISO9001 and ISO27001 accredited, an HP SP Signature Partner, a Microsoft Gold Certified Partner, a SAP Adaptive IT Hosting Provider, a SunTone accredited managed service provider and an Accredited Catalist Supplier. Attenda is one of only seven companies to have been ranked in the UK’s Sunday Times ARM Tech Track 100 for three consecutive years and was voted 2007 Best Managed Services Provider by Data Centre Europe Awards 2007.

To learn more, please visit: www.attenda.net.

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