Canada Web Hosting Announces Strategic Investment and Partnership with Eventi Capital Partners Inc.

HostReview.com
Tuesday, November 27, 2007; 07:41 AM

TORONTO--(BUSINESS WIRE)--Canada Web Hosting (CWH), a leading provider of high-end managed hosting solutions for mission-critical web sites and applications, has entered into a strategic partnership with Eventi Capital Partners Inc. (Eventi). Under the agreement, Eventi will take an equity stake in CWH, an investment that will enhance the quality and scope of service, expand capacity and accelerate growth. Eventi will also contribute management guidance from their deep level of experience with rapidly growing, technology-based service companies.

CEO of Canada Web Hosting, Brian Shepard commented “CWH is on track for another record year as more and more high profile customers outsource their IT infrastructure and application management to our team of highly-trained professionals. We welcome Eventi as a key partner as we take our business to the next level in 2008,” Shepard continued, “providing us with additional expertise and capital to deliver more services and build-out state-of-the-art facilities as we expand our loyal customer base.”

Bill Di Nardo, (Managing Director of Eventi), said “Canada Web Hosting has demonstrated that it has a powerful combination of operational excellence, customer focus, corporate values, and employee dedication. This makes them stand out from the pack, and when you combine that with quadruple digit growth, the choice becomes very clear. We are very pleased to be a part of this very innovative and energetic team,” Di Nardo continued.

Canada Web Hosting and Eventi already have become a dynamic working partnership, focused on growth. The fruits of the partnership, will show in 2008 with the next level of mission-critical managed hosting solutions for Canadian Business.

ABOUT CANADA WEB HOSTING

Canada Web Hosting delivers mission-critical managed hosting solutions to Canadian and US clients from its world-class operations centres 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 centre services from key geographical locations. Canada Web Hosting is recognized as a true market leader that has consistently ranked amongst the fastest growing companies in Canada. Visit www.canadawebhosting.com for more information.

ABOUT EVENTI CAPITAL PARTNERS INC.

Eventi Capital Partners Inc. provides capital, human resources, and management consultancy to help existing technology-based businesses accelerate their growth. Our company's Managing Partners include: Bill Di Nardo and Scott Bryan (founders and former Senior Executives of Grocery Gateway), Derek Ruston (Chairman of Environics Research, private equity investor and former McKinsey consultant) and Arun Gowda a former Investment Banker with UBS London. Visit www.eventi.com for more information.

Source: BUSINESS WIRE

Canada Web Hosting, Media Contact: Director Marketing, Dale Bunten, 1-877-628-6510, ext. 306 dale.bunten@canadawebhosting.com