Canada Web Hosting Moves up the PROFIT 100 List: Rapidly Expanding Managed IT Services Leader Continues to Increase Share of Managed Hosting Market

TORONTO (BusinessWire EON) June 5, 2007 --     "Moving up 42 spots in ranking from 2006 is a celebration of the company's unwavering commitment to deliver high value, enterprise-class managed hosting services," says Brian Shepard, CEO of Canada Web Hosting.

In Canada's largest annual celebration of entrepreneurial achievement, PROFIT Magazine's Editor, Ian Portsmouth explains, "PROFIT 100 companies are the new heroes of Canadian business, creating jobs at home and products used around the world. They've accomplished this by building great employee teams, exploiting export markets and rapidly responding to the customer's fast-changing needs." In the 19th annual PROFIT 100 ranking published in the June issue of PROFIT and online at PROFITguide.com, PROFIT Magazine recognizes Canada Web Hosting's over 3800% growth in revenues over the past five years.

In 2006 almost a quarter of Canada Web Hosting's growth each month was derived from existing clients expanding their managed hosting services. Through a focus on partnerships and on comprehensive solutions built around ITIL best practices for IT service management, Canada Web Hosting has continued to show leadership in this challenging market. To further help manage and accelerate their growth Canada Web Hosting also embarked on a successful campaign to attract experienced management professionals in the areas of IT Services, Marketing, Human Resources, and Research & Development. By drawing on the knowledge of individuals that have many years of Hosting experience, Canada Web Hosting has scaled its operations smoothly and deepened its core competencies. Since January 2005, Canada Web Hosting has expanded to over 70 staff members with offices in Toronto, Vancouver and Kelowna.

Brian Shepard reflects, "This honour is yet another testament to the hard work of all our employees and confirms that our strategy of focusing on great people, great service, and robust IT Service Management continues to impress existing and new customers. It is very satisfying to see our staff's achievements once again recognized in such a prestigious business publication. Canada Web Hosting is planning for more rapid growth as it further expands its market share in both foreign and domestic markets."

About Canada Web Hosting

Canada Web Hosting delivers mission-critical managed hosting solutions to Canadian and US clients from its world-class operations centers in Toronto and Vancouver. Canada Web Hosting's mission is to provide the highest-value enterprise-class managed dedicated hosting solutions available in Canada through a comprehensive, customer-focused sales and technical support model in combination with robust network and data center services from key geographical locations.

About PROFIT Magazine

PROFIT: Your Guide to Business Success, offers news, strategies, tips, interviews and other resources to entrepreneurs leading Canada's fastest-growing companies. Each year PROFIT--which currently reaches more than 300,000 readers nationally--hosts a number of events that bring together business leaders in the fast-growth segment and champions the interests of those leaders. PROFIT was founded in April 1982 as Canada's first national magazine geared to entrepreneurs. Visit PROFITguide.com.