PEER 1 Makes PROFIT 100 List

June 7, 2007 -- (WEB HOST INDUSTRY REVIEW) -- Canadian Web hosting and colocation provider PEER 1 Network Enterprises (peer1.com) announced on Wednesday it has been recognized as the ninth fastest-growing company in Canada and second in British Columbia in this week's 19th annual PROFIT 100 ranking of Canada's Fastest-Growing Companies by PROFIT Magazine.

This marks the second consecutive year PEER 1 has ranked among the top ten of the PROFIT 100 list. In 2006 the company came in fourth place in Canada and was ranked the number one fastest growing company in British Columbia.

"We are very pleased to have placed in the top ten in the PROFIT 100 rankings for the second year in a row," says Fabio M. Banducci, PEER 1's president. "A tremendous amount of hard work has gone into building this company into what it is today. We expect to continue to thrive as we sharpen our focus on enabling our customers to concentrate their attention on the possibilities of the Internet, not the complexities."

The PROFIT 100 ranks Canada's fastest-growing companies by five-year revenue growth, profiling the country's most successful growth companies. Published in the June issue of PROFIT and online at PROFITguide.com, the PROFIT 100 is Canada's largest annual recognition of entrepreneurial achievement.

PEER 1 previously announced it partnered with e-commerce and marketing services provider ControlScan.