iWeb Announces the Creation of New Shared Hosting Service Funio

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This new company will aim to consolidate all shared hosting and domain name reservation activities, which will no longer be offered by iWeb. This service supports over 15,000 clients, 23,000 websites and 32,000 domain names in over 100 countries around the world.

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I firmly believe that shared hosting must benefit from all the attention of a team of professionals exclusively dedicated to the development of the product.

iWeb.com, a global provider of Internet hosting services and IT infrastructure announces today the creation of Funio.com. This new company will aim to consolidate all shared hosting and domain name reservation activities, which will no longer be offered by iWeb. This service supports over 15,000 clients, 23,000 websites and 32,000 domain names in over 100 countries around the world.

iWeb's president and chief officer, Eric Chouinard, explains; "I firmly believe that shared hosting must benefit from all the attention of a team of professionals exclusively dedicated to the development of the product. Funio will seize this opportunity to innovate and add value to the products as well as the tools that enable their delivery". In past years, iWeb has invested a lot of time and resources into its “Smart Layer” technology and dedicated servers.

"iWeb will pursue deploying all its efforts in this direction in years to come, thus standing out through this innovation. However, the moment has come to provide our shared hosting customers a dedicated company who will take care of delivering the best out of the service," he added. The creation of Funio.com also explicits the two company's mission: iWeb for dedicated servers and Funio for shared hosting.

iWeb has named Sylvain Leclair, until recently iWeb's CDO and vice-president of sales and marketing, to the position of president of Funio. "Funio has a lot of work to do in order to finalise the transition, but the priority will be to add value to the shared hosting services by offering better support and tools that will allow the customer a better control over his hosting," he mentionned. "Moreover, in the next year, Funio will add many new features to raise the value of the services received by the shared hosting customers. We will rethink our infrastructure, including the domain name management system who will undergo a long due facelift," he added.

iWeb.com and Funio.com will work closely until Funio can take over independently and autonomously, which is scheduled for early 2012.

About iWeb

iWeb is a worldwide provider of Internet hosting services and IT infrastructure that provides services to more than 25,000 customers in 150 countries. Operating four data centers, iWeb has a capacity of 34,000 dedicated servers, over 1,100 colocation racks and Internet capacity of 77 Gbit/s, divided between nine providers.

One of Canada’s 100 fastest growing companies according to PROFIT Magazine, iWeb now generates more than 60% of its revenues, from abroad, with revenues of US$29 million in 2010.

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Sylvain Leclair
Funio
514-286-4242 x2111
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