Archive for September, 2009

Hosting provider, LeaseWeb, plans to increase its market share for website hosting in Turkey. LeaseWeb recruited 29-year old Emrah Aydin as the company’s new business development manager to handle this job.

Ruud Mous, Sales Director of LeaseWeb noted, ”Emrah’s work experience prior to his appointment at LeaseWeb will be useful. In addition, he is a Turkish national, which is a great advantage when doing business in Turkey. He speaks the language, he knows the culture, and he is familiar with the customs. I expect that this will have a positive impact on the LeaseWeb sales results in Turkey.”

Emrah Aydin, 29, will be a strong addition to LeaseWeb’s international business development team for its intensive marketing campaign in Turkey. Mr Aydin previously worked as a regional sales manager for Emerson Network Power in Poland.

Mr. Mous added, ”Turkey lags far behind the Netherlands in Internet infrastructure, and the Turkish market has a great need for effective Internet services. All companies based in Turkey are now required to have a domain name and an e-mail address so that they can always be accessed through the Internet. Roadside billboards encourage Internet use through advertisements such as “The Internet is the vitamin for your children.”

The Amsterdam region, which constitutes the basis for LeaseWeb’s global hosting network spanning telecom carriers and Internet exchanges, is attractive to the Turkish market because of the excellent connections that converge here.

Mr. Mous continued, ”Amsterdam, London and Frankfurt are the world’s most important Internet exchanges. The attraction of Amsterdam also makes LeaseWeb attractive to companies located in the Turkish region. In addition, LeaseWeb’s network has a bandwidth of more than 750 Gigabits per second, which is critical to such areas as streaming and rapid scalability in web environments. Very few companies in Europe have this amount of bandwidth available in their networks.”

In preparation for its Turkish marketing campaign, LeaseWeb joined an economic mission to Turkey together with State Secretary of Economic Affairs Frank Heemskerk in late 2008. LeaseWeb also has Turkish-speaking office staff who can handle customer calls in their native language. LeaseWeb has since signed contracts with multiple customers in Turkey, including Kanal7-haber7, Akilli.tv, Turkticaret.net, Super Muzik, Tescilet.net-Kurtlarvadisi.com, timsah.com, uzmantv.com, and Internethaber.com.

LeaseWeb has had good experience with the deployment of business development managers in different countries, who maintain face-to-face contacts with (prospective) customers in those markets.

Mr. Mous concluded, ”Personal contacts are a key factor in our ability to close deals. In Turkey especially, deals tend to be based on trust rather than on specifications. You cannot achieve this with telephone sales.”

LeaseWeb is an international provider of hosting solutions that is primarily geared towards the professional market. The company is among the top-20 hosting providers worldwide and its services include server virtualization, dedicated servers, collocation, streaming, webhosting, and domain name registration. LeaseWeb is the proprietor of a first-class network that offers a bandwidth of more than 750 Gbps, spanning four data centers in the Amsterdam region via major telecom carriers. LeaseWeb is also present via Internet exchanges in Amsterdam, Londen, Frankfurt, New York, Brussel, Kopenhagen, Parijs, Budapest, Boekarest, Warschau, Praag, Bratislava, Milaan, Wenen, Stockholm, Oslo, Zumlrich and Madrid. This way, LeaseWeb enables companies around the world to create and continue their online presence in a simple and affordable manner. Since its founding in 1997, hosting provider LeaseWeb has expanded its network to include more than 22,000 servers. LeaseWeb’s clients include Royal Joh. Ensched, OGD, 123Video, Jaap.nl, Relatieplanet, MijnAlbum, Starbucks, Hyves, PricewaterhouseCoopers, Twenga, Direct Wonen, Heineken, Wikipedia, and Rijksmuseum Amsterdam.

Posted by Admin on September 2nd, 2009 | Comments Off

Web hosting service provider and Magento hosting solutions company, NEXCESS.NET LLC, will be expanding its Magento Secure Isolated Platform (SIP) e-commerce web hosting plans.

The original SIP plans, launched in May 2009, are a tightly integrated combination of the popular Magento e-commerce software, combined with optimized high-end hardware and software to guarantee speed, reliability and security.

Chris Wells, CEO of Nexcess noted, ”The SIP plans have really taken off. They’re popular with both small and large clients, including Fortune 500 companies which we’ve signed deals with in the last few weeks. Even the official Magento demo stores have been moved to SIPs.”

The new reseller plan will allow interested customers to resell Magento SIP plans. Mr. Wells added, ”We’ve been offering shared hosting reseller plans for years now, and these are essentially the same blueprint, except with the Magento SIP architecture.”

Each SIP reseller plan provides the reseller with five separate SIPs (approximately the same as a SIP100) at a discounted price. The reseller can then offer these SIP plans to their own clients.

Mr. Wells continued, ”Regular reseller plans are often a popular way for individuals or small companies to offer their own web hosting services to their clients. Perhaps they’re a web design business that wants to be able to offer their clients web hosting as well. We expect that SIPs will appeal to a very similar kind of customer, someone who wants to be able to offer their clients a professionally hosted, extremely secure and stable e-commerce platform.”

Final details of the new SIP reseller plan are available on the website. Nexcess plans to begin offering a standardized SIP plan based around the Magento Enterprise platform within the next month. Full details of all the Magento SIP plans are available on the NEXCESS.NET site.

NEXCESS.NET is an Ann Arbor, Mich. based company specializing in web hosting solutions, offering a range of services from shared hosting to multi-server configurations. NEXCESS.NET provides custom hosting solutions for traffic heavy and high profile websites of all genres. NEXCESS.NET owns and operates its own private data center in Dearborn, Mich. and currently services thousands of clients worldwide.

Posted by Admin on September 2nd, 2009 | Comments Off

Provider of Internet hosting services and IT infrastructure, iWeb, has released its financial results for the quarter ending June 30, 2009.

The complete interim financial statements and management report of the Company are available on its websites, www.sedar.com and http://investors.iweb.com.

Eric Chouinard, iWeb President and Chairman added, ”Growth remains our priority, especially in the current economic climate. Having said that, our shareholders will be happy to see signs of profitability on both EBITDA and operating income.”

Martin Leclair, President, Products and Technologies offered, ”Clients are adopting new technologies at the same rate as they were twelve months ago. However, we are noticing a much more controlled approach to expense management from our clients, who are discontinuing certain services which they were not using extensively. Experimental projects are a little smaller, which is normal in the current economic context. We are working closely with our clients to optimize their infrastructure so that they can continue innovating.”

Philip Tousignant, Chief Financial Officer noted, ”Two important points to highlight are that revenues continue to grow and EBITDA is kept above 25% of revenue. Granted, this is the first time that iWeb’s net profit has passed the 1 M$ mark, but that figure is theoretical, just like the losses reported in the past two quarters were. Foreign exchange fluctuations affect the accounting value of a large portion of our long-term debt. Operating income, however, remains positive at over 230,000 $, providing a much better idea of the company’s performance, regardless of market conditions.”

Revenues for the third quarter ended June 30, 2009 increased by $3.1 million or 75%, compared to the same period of 2008, to reach almost $7.2 million.

Revenues for the third quarter of fiscal 2009 originated from iWeb’s three main service offerings as follows: Dedicated servers accounted for 85%, followed by 9% for co-location services and 6% for the shared web hosting. 78% of iWeb revenues for the quarter were generated in U.S. dollars, a significant advantage for the Company during the last quarter and since the beginning of the year. Compared with the same period 12 months ago, currency fluctuations between the Canadian dollar and the U.S. dollar have had a positive impact of $950 000 on revenues. Without taking into account this impact, revenues still would have increased by 52% compared to the quarter ended on June 30, 2008.

Gross profit was 47% of revenues for the third quarter of 2009, compared to 49% for the same period of the previous year. During the past quarter, the favourable impact of the variation of Canada/U.S. exchange rates on the gross profit margin was more than compensated by higher payroll expenses in order to support the sustained and rapid growth of the Company’s operations.

Operating expenses for the quarter went from 48.6% of revenues in 2008 to 43.3% in 2009. This improvement is explained by lower costs for selling and administrative expenses compared to the revenues they generate, though compensated by a rise in interest expenses. Selling expenses decreased, from 16.5% in Q3 2008 to 15.5% of revenues for Q3 2009. Administrative expenses decreased from 24.2% to 17.7% of revenues for the quarter. Interest expenses increased significantly, from 7.1% to 9.6% of revenues for the third quarter. This is caused by the increase in long-term debt in order to support the important increase in the Company’s infrastructures, the greater part of which carry interests in U.S. currency.

iWeb’s operating income for the third quarter was $231,000, compared to $21,000 for the third quarter of 2008.

The other financial expenses represent elements which are the consequence of external market conditions. These expenses exceeded $1M for the quarter ended June 30, 2009. The most important element of these expenses is the unrealized exchange loss on the long-term debt of $10 million US. At the end of quarter ended June 30, 2009, the Canada/U.S. exchange rate was 1.16, compared to 1.26 for the beginning of quarter, which explains the unrealized gain of $977,000.

Taking into account the impact of the other financial expenses, the Company recorded a net profit of $1,023,000 for the third quarter of 2009, compared to a net income of $13,000 twelve months earlier, for the quarter ended June 30, 2008.

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).

Posted by Admin on September 2nd, 2009 | Comments Off
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