Hits 500,000 customer accounts in March with a revenue growth rate of 22% over last year.

IPOWER, Inc., a web hosting provider, today announced that it recently hit the milestone of 500,000 customer accounts served.

The company had reached the milestone of 400,000 customer accounts in March, with a revenue growth rate at least 22% over last year. Projections for industry growth for 2006 and 2007 are more than 10%, according to Tier 1 Research industry analysts. IPOWER is expected to more than double industry growth estimates.

IPOWER attributes its growth to a variety of factors, including its product pricing, upgraded virtual private and dedicated server offerings, additional shared hosting options, package features and new services such as search engine optimization support.

"I am very proud to announce this phenomenal half-million customer milestone," says Thomas Gorny, President and CEO of IPOWER. "In 2001, I started this company on my credit card and a dream, and now we have 500,000 accounts and amazing revenue growth figures. Of course, we attribute much of this success to the work and dedication of our employees. I can't wait to celebrate this achievement with all of the team members here at IPOWER."