iWeb’s New Stock Options

iWeb Group inc. announces that it has granted 120,000 stock options to members of its management team under its stock option plan, at an exercise price of $0.80 each. One quarter of the options will vest on each of the first, second, third and fourth anniversaries of the date of the grant. The options will expire on August 20, 2014.

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 21,000 customers in 150 countries. iWeb’s shares are listed on the TSX Venture Exchange (TSX-V:IWB: 56.39, 0, 0%).

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