Web businesses offered industry-leading hosting value with zero service compromise

Southampton, UK – June 5, 2009 – PEER 1 Network Enterprises, Inc. (TSX:PIX), a global online IT hosting provider, is offering UK hosting customers a 30% cost-saving guarantee by switching to PEER 1’s UK hosting services*.

PEER 1 recently launched its managed hosting operations in the UK and is using the power of its global SuperNetworkTM through 21 POPs and 16 data centres worldwide to deliver cost-savings of up to 30% for hosting customers.

The offer includes a free consultation with a PEER 1 Solutions Engineer to review the customer’s current hosting plan and a one-hour consultation with a migration expert to provide planning and analysis if needed. To take-up the offer, which is available until the end of June 2009, hosting customers should call 0800 840 7490 and present a recent invoice from their current hosting provider.

Dominic Monkhouse, UK MD at PEER 1 said: “PEER 1 does hosting differently – we don’t believe customers should be locked into expensive contracts with server capacity they don’t need and SLAs that offer no protection against downtime. For many web businesses, hosting uses over half of their operating IT cost; cutting this back by 30% delivers a serious saving through a straightforward switchover.

“We’re more than happy to put our service where our mouth is,” Monkhouse continues, “PEER 1 is able to make efficiency savings through green servers, we own our own content delivery network and through our extensive peering agreements worldwide, we can offer customers the best terms for hosting in the industry, backed up with our standard 100% uptime guarantee.”

PEER 1 in the UK is also offering a ‘ValuePro Hosting Bundle’ including FirstCall SupportTM, SAN backup, vulnerability scans, 100% network uptime SLA and access to the high performance SuperNetworkTM – all for £179 per month. The ValuePro bundle is designed to take the complexity out of running an online business and provide peace of mind that security, availability and reliability are taken care of.

PEER 1 currently has over 500 customers in EMEA and revenue in excess of £3milllion making it one of Europe’s largest IT hosting providers. The company offers managed hosting through PEER 1 and dedicated hosting through, ServerBeach, which is billed as ‘by geeks, for geeks’.

* Terms of the 30% cost-saving guarantee include switching from an equivalent hosting package on proof of invoice from another provider and switching to a 24-month contract with PEER1. Hosting customers can choose to engage either the ValuePro Hosting Bundle or 30% cost-saving guarantee from PEER 1 UK. Specification details for the 30% cost-saving guarantee and ValuePro bundle are available online at www.peer1hosting.co.uk.