Magento and PEER 1 Hosting combine eCommerce and Managed Hosting

Web merchants receive best-of-breed transaction and connectivity performance

VANCOUVER and LOS ANGELES, April 19 /PRNewswire-FirstCall/ - PEER 1 Hosting, Inc. (TSX:PIX), a global online IT hosting provider, and Magento, Inc., the leading open source eCommerce platform provider, today announced a new partnership. The alliance will enable merchants using Magento's feature-rich eCommerce platform to deploy sites via PEER 1 Hosting to optimize their web presence and performance.

The Magento eCommerce Platform provides online merchants with unprecedented flexibility and control over the look, content and functionality of their online store. Its modular architecture, industry-leading features and powerful marketing and merchandising tools have quickly made Magento the fastest growing eCommerce Platform on the market and fuelled its adoption by global brands and retailers.

As a global web business hosting provider, PEER 1 Hosting offers Managed Hosting supported by a 100 percent uptime guarantee, plus high-speed network connectivity through its 10GB SuperNetworkTM, 17 data centers and 21 POPs around the world.

"This partnership with PEER 1 Hosting enables us to offer top-notch hosting environments for Magento merchants," said Roy Rubin, CEO at Magento. "It is paramount that our customers' eCommerce sites are not only fast and secure, but also reliable and scalable as their businesses grow. PEER 1 Hosting offers a robust progression path for online merchants, backed up with peace of mind based on 100 percent uptime. PEER 1 Hosting is a superb choice for our customers considering a hosting partner that provides a superior standard of high performance hosting that does not compromise on service, security or performance."

"Magento is recognized as the leader in its field, offering enterprise-class eCommerce capability. Its customers know the web and they know that fast page loading, low latency and rock-solid hosting are critical to supporting their web environments," said Robert Miggins, Senior Vice President of Business Development at PEER 1 Hosting. "This partnership will ensure Magento customers have all the backend horsepower they need as well as the best customer service in the industry."

PEER 1 Hosting and Magento will be jointly launching an online resource that will outline the benefits of their combined offerings to merchants. Both organizations will be able to provide complementary support and configurations that will provide the optimum online retail solution for both merchants and end users.

About PEER 1 Hosting

PEER 1 Hosting is one of the world's leading IT hosting providers. The company is built on two obsessions: Ping & People. Ping, represents its commitment to best-of-breed technology, founded on a high performance 10GB SuperNetwork(TM) connected by 17 state-of-the-art data centers, 21 points-of-presence and 10 colocation facilities throughout North America and Europe. People, represents its commitment to delivering outstanding customer service to its more than 10,000 customers worldwide, backed by a 100 percent uptime guarantee and 24x7x365 FirstCall Support(TM). PEER 1's portfolio includes Managed Hosting, Dedicated Servers under the ServerBeach brand, Colocation and soon Cloud Services. Founded in 1999, the company is headquartered in Vancouver, Canada, with European operations headquartered in Southampton, UK. PEER 1 Hosting shares are traded on the TSX under the symbol PIX. For more information visit: www.peer1.com or www.peer1hosting.co.uk.

About Magento

Magento is a feature-rich, professional Open Source eCommerce platform solution that offers merchants complete flexibility and control over the presentation, content, and functionality of their online channel. Magento's intuitive administration interface features powerful marketing tools, a catalog-management engine and is SEO optimized to give merchants the power to create sites that provide an unrivaled and rich online shopping experience for their customers, tailored to their unique business needs. The groundbreaking Magento platform is the fastest growing eCommerce platform on the market with over 1,000,000+ downloads to date. Designed to be completely scalable and backed by an extensive support network, Magento is the ultimate eCommerce solution. For more information visit: www.MagentoCommerce.com

SOURCE Peer 1 Network Enterprises, Inc.

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