Vectoral Announces Partnership With Netenberg
London, United Kingdom – August 14, 2008 – European dedicated server firm, Vectoral Servers, has partnered with Netenberg, to offer a one-click script auto-installer, Fantastico De Luxe.
Designed to enable web site owners to easily deploy and manage installations of dozens of business class w eb applications, with the partnership, Vectoral Servers will immediately implement Fantastico De Luxe on its entire cluster of cPanel-based dedicated servers. Clients will be able to access Fantastico De Luxe through cPanel and can use the software to easily install dozens of free applications, including content management systems, blogging platforms, customer support portals, discussion boards, photo galleries, among other services.
Ekin Ersoy, Sales Director, Vectoral Servers noted, ”Providing value-added features to our dedicated servers is important as we continue to improve our robust product line. Through this partnership with Netenberg, our clients are able to quickly and easily implement world-class Web applications and ultimately take their Web sites to the next level.”
Vectoral Servers will provide Fantastico De Luxe at no additional charge to its clients. The system will be automatically upgraded periodically to incorporate new scripts and provide the latest revisions to existing applications.
Dedicated servers from Vectoral Servers start at $29.95/monthly. The company offers a variety of hardware configurations, including both Intel and AMD-based chipsets. All servers are hosted in Vectoral Servers fully managed Frankfurt, Germany private data facility.
Vectoral Servers is a privately owned, independent company headquartered in London, United Kingdom. Founded in 1996, Vectoral has over a decade of experience in providing a unique mix of focused service and truly exceptional quality. A core goal for Vectoral is making dedicated server hosting an easy, uncomplicated process for each and every one of its clients.
To learn more about Vectoral Servers. please visit: www.vectoral.info
iWeb Group Releases Earnings Report
Quebec, Canada - August 14, 2008 – Internet hosting infrastructure provider, iWeb Group Inc., and subsidiary of iWeb Technologies, has released the financial results for the third quarter of fiscal year 2008, ending June 30, 2008.
Third quarter highlights include: - Revenue increased 57% to $4.1 million for the three months ended June 30, 2008, compared to $2.6 million for the same period in 2007;
- Adjusted EBITDA increased to $1.0 million for the third quarter of 2008, compared to $0.7 million for the same period in 2007;
- Infrastructure work has begun on the fourth and final phase of the Couture Data Center;
- An additional $2.7 million of annually recurring revenue generated in the third quarter.
Eric Chouinard, President and CEO of iWeb noted, ”’Revenues have continued to grow steadily in the last quarter. This progress confirms the effectiveness of recently implemented strategies to support our growth: the new web site, launched in March, improved management of advertising strategies, and a new operational structure in the Company’s sales department. Combined with our standard operations, these strategies are generating remarkable results. In the past three months, we have added $2.7 million in annual recurring revenue to our existing revenues, which bodes very well for the upcoming quarters.”
Revenues for the third quarter ended June 30, 2008 totalled $4.1 million, compared to $2.6 million for the same period of 2007, an increase of $1.5 million, or 57%.
The gross profit margin for the quarter was 49%, compared to 59% for the same period 12 months ago. The strength of the Canadian dollar compared to the U.S. dollar is the main reason for this decrease. The majority of iWeb’s cost of services sold is expensed in Canadian dollars, as opposed to revenues, which are perceived mostly in U.S. dollars. In addition, costs attributed to the co-location site on Nun’s Island, which was brought online on May 1, 2008, have affected the gross profit margin, given the modest revenues recorded thus far for this data center.
Operating expenses have increased, from 47% of revenues one year ago, to 49% of revenues for the third quarter. These additional operating expenses are the result of higher financing costs, due to increased debt facilities, this despite a decrease in sales expenses, the result of the improved management of advertising strategies.
Adjusted EBITDA increased to $1.0 million, or 23% or revenues for the third quarter ended June 30, 2008, compared to $0.7 million, or 27% of revenues for the three months ended June 30, 2007.
Net earnings for the quarter ended June 30, 2008 are close to break-even, at $13,210 or $0.0005 per share compared to $200,848 or $0.0085 per share for the corresponding period of 2007. This decrease in net earnings is the direct result of the lower gross profit margin.
Earlier this summer, iWeb attained ranking among Profit Magazine’s top 100 Canadian companies, based on revenue growth over the past 5 years. From 2002 to 2007, the company’s revenues have gone from 1.35 million to 9.82 million as of October 1st 2007, an increase of 627%; enough for iWeb to make its entry into the 100th position on the annual ranking.
The PROFIT 100 is the annual ranking which rates the top 100 Canadian companies based on the percentage of their revenue growth over a 5-year span. Produced by the business magazine PROFIT, 2008 marks the 20th edition of the ranking.
Founded in 1996, iWeb offers a full line of advanced IP hosting services either through shared hosting, dedicated servers or colocation in three data centers, featuring over 52,000 square feet of floor space and the latest technological equipment. iWeb provides services in English, French and Spanish to clients in more than 130 countries.
To learn more, please visit: www.iweb.com.
RackSpace Goes Public
San Antonio, Texas - August 13, 2008 – The initial public offering of 15,000,000 shares of Rackspace Hosting, Inc.’s common stock at a price of $12.50 per share, has begun.
Rackspace will offer 12,700,000 shares of its common stock in the offering and the selling stockholders will offer an additional 2,300,000 shares of common stock in the offering. Rackspace and the selling stockholders have also granted the underwriters a 30-day option to purchase up to an additional 2,250,000 shares to cover over-allotments. Rackspace’s common stock began trading on the New York Stock Exchange under the symbol ‘RAX’ on Friday, August 8, 2008.
Goldman, Sachs and Co., Credit Suisse Securities (USA) LLC and Merrill Lynch and Co. are acting as joint book-running managers for the offering. W.R. Hambrecht + Co., LLC, Jefferies and Company, Inc., Cowen and Company, LLC, RBC Capital Markets Corporation, JMP Securities LLC, Signal Hill Capital Group LLC, and E*TRADE Securities LLC are the co-managers for the offering.
A registration statement relating to these securities has been filed with and declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Copies of the final prospectus for the offering may be obtained from Goldman, Sachs and Co., Attention: Prospectus Department, 85 Broad Street, New York, New York 10004, by facsimile at 212-902-9316 or by e-mail at prospectus-ny@ny.email.gs.com; from Credit Suisse Securities (USA) LLC, Prospectus Department, One Madison Avenue, New York, NY 10010; or from Merrill Lynch and Co., 4 World Financial Center, New York, NY 10080.
Rackspace Hosting delivers hosted IT systems and computing to businesses of all sizes, providing hosting specialization and expertise, backed by the company’s award-winning Fanatical Support. Customers can receive benefits such as higher quality, lower cost and better performance from Rackspace’s vast knowledge of industry best-practices. Because Rackspace removes the burden of IT systems maintenance and management, customers can focus on key areas that differentiate their business. Rackspace’s portfolio of hosted services includes managed hosting (www.rackspace.com), email hosting (www.mailtrust.com) and cloud hosting (www.mosso.com). Rackspace is recognized as one of FORTUNE Magazine’s 100 Best companies to work for, ranking number 32 on the 2008 list.
For more information about Rackspace Managed Hosting, please visit: www.rackspace.com.
Install Xen on Debian From Source
Let me guess, you’ve always wanted Xen on your server but could never figure out how? This tutorial will cover how to compile Xen and install Xen from its source on a Debian-based distribution.
Warning: you must have root access in order to do this.
Let’s install some prerequisites on your system to get your server ready.
apt-get install iproute bridge-utils python-twisted libc6-xen gcc binutils make zlib1g-dev python-dev transfig bzip2 screen ssh debootstrap libcurl3-dev libncurses5-dev x-dev libsdl1.2-dev bin86 bcc python-pam patch latex-make qemu qemu-launcher qemuctl graphviz graphviz-dev libvncserver-dev libjpeg62-dev libjpeg62 gettext python-xml gawk tetex-extra tetex-base openssl libssl-dev mercurial
Once this completes, it’s time to get Xen downloaded. In order to install it, run the following:
cd /usr/src
hg clone http://xenbits.xensource.com/linux-2.6.18-xen.hg
wget http://bits.xensource.com/oss-xen/release/3.2.1/xen-3.2.1.tar.gz
When these commands complete, you have successfully downloaded everything you need to install Xen. Let’s begin installing Xen. The next block of commands will completely install Xen.
tar -xf xen-3.2.1.tar.gz
cd xen-3.2.1
make prep-kernels
make dist
make install
depmod 2.6.18.8-xen
mkinitramfs -o /boot/initrd.img-2.6.18.8-xen 2.6.18.8-xen
Once these commands have been run, Xen is installed and ready to go. There’s three commands left to run to finalize your install.
Run these:
update-grub
update-rc.d xend defaults 20 21
update-rc.d xendomains defaults 21 20
Once these commands complete, reboot and you should now have a working Xen install.
Sun Microsystems Announces New Facebook Application
Santa Clara, California – August 7, 2008 – Technology firm and web hosting provider, Sun Microsystems, Inc., has released a new social networking game for Facebook, allowing fans of the 2008 Beijing Summer Games to compete online.
Engaging friends and countries, participants may compete by correctly predicting medal winners throughout this summer’s events. While Sun is not an official sponsor of the 2008 Beijing Olympic Games, the application, MyPicks Beijing 2008, allows participants to pick Gold, Silver and Bronze medal winners for each event during the Summer Games and win points for their country with each correct prediction.
Todd Fast, CTO of the zembly project at Sun noted, ”The spirit of the Games has always been about bringing the world closer together. So it’s fitting that social networking sites like Facebook – that easily connect people around the world – can be leveraged to create socially-driven applications such as MyPicks Beijing 2008.”
At the conclusion of the Games, the country with the highest point total will be declared the winner of the MyPicks Beijing 2008 Games. MyPicks Beijing 2008 is available on Facebook today at: http://apps.facebook.com/mypicksbeijing/Home. MyPicks Beijing 2008 was developed by Pramati Technologies using zembly, Sun’s new browser-based social application development environment. Released in private beta in June 2008, zembly is the world’s first social programming environment specifically designed for creating and hosting social applications targeting the most popular platforms on the web including Facebook, Meebo, OpenSocial, the iPhone and more. zembly utilizes Sun hardware on Network.com while taking advantage of Sun’s software stack – the Solaris 10 Operating System, GlassFish application server and MySQL database.
Vijay Pullur, Co-Founder and CTO, Pramati remarked, ”The zembly team is thrilled to work with Pramati technologies to enable new forms of applications for Facebook and demonstrate the exciting possibilities of zembly. Pramati Technologies is incredibly happy to work with zembly to provide Facebook users around the globe with a simple, exciting way to celebrate the 2008 Summer Games. By providing a complete hosted environment for creating and scaling social applications, zembly has created a new way for developers of all skill levels to easily build Facebook applications without the cost and complexity of hosting and managing the application themselves.”
The Sun Startup Essentials program is designed to help eligible U.S. based startup companies get to market faster while conserving cash. The program offers its members a range of discounted Sun products and services, including its award-winning Sun Fire x64 servers and Sun Fire servers with CoolThreads technology, and Sun’s select StorageTek line of products, including modular disk arrays, NAS and tape storage products.
In addition to offering products and services to eligible U.S. based members, Sun also is offering free technical advice via email and access to free software such as Apache, MySQL and Perl (AMP) optimized to run on the Solaris 10 OS. Program members can also select the web hosting infrastructure from Sun partners based on Sun technologies along with services they need, in case they choose not to build and operate the infrastructure themselves. Sun develops technologies designed to power comprehensive markets, in more than 100 countries.
For more information on zembly, please visit: www.zembly.com. To learn more about Sun’s Startup Essentials program, visit: www.sun.com/startups.
