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PEER 1 Network Enterprises
Type Public Company (TSXPIX)
Key people Fabio Banducci, CEO
Gary Sherlock, EVP and CFO
Robert Miggins, SVP Business Development
Rajan Sodhi, VP of Marketing
Lance Tracey and Mark Teolis, co-founders
Dominic Monkhouse, UK MD
Industry Web Hosting
IT Infrastructure

PEER 1 provides web hosting and IT infrastructure through managed hosting, dedicated hosting and co-location services. The company is headquartered in Vancouver, BC, Canada and the stock is traded on the TSX under the symbol PIX. PEER 1 bought ServerBeach (founded by former Rackspace CEO Richard Yoo) in 2004.[1]

PEER 1 started in 1999 by Lance Tracey and Mark Teolis.

PEER 1 is headed by President and CEO, Fabio Banducci, and Executive VP and CFO, Gary Sherlock. Banducci joined the PEER 1 executive team in November 2005 and Gary in April 2006.

Company events

In May 2009, PEER 1 was named as a finalist in the 2009 American Business Awards in the category of Customer Service Team of the Year[2].

In May 2009, PEER 1 announced its phased build out of a 41,000 square foot green data center in the Toronto area. This will be PEER 1’s most eco-friendly data center to date, implementing the most efficient products and technologies on the market. The Toronto data center will offer scalable managed hosting, dedicated hosting through the ServerBeach brand, and co-location services. This will be the first time PEER 1 offers all three types of hosting from a Canadian-based facility[3].

In March 2009, PEER 1 opened a European headquarters in Southhampton, United Kingdom and initiated phase one of its UK data center, which strengthens the company’s presence in Europe alongside existing London and Amsterdam Points-of-Presence (PoPs)[4].

In February 2009, PEER 1 released three short videos for a "One Million Hits"[5] campaign to get the word out about IT preparedness in a humorous way by asking, "Is your business ready for a million hits?" In 2007, the company put out the first in another series of video shorts called "Growing Pains,"[6] to illustrate real life common hosting issues in a similar, comical way.

The company announced its customer support guarantee, FirstCall Support, which promises to provide answers and solutions on a managed hosting customer’s first call to the company. [7]

The Vancouver Sun recognized it as one of the fastest-growing BC-area companies in October 2008. [8]


  1. Peer 1 Network Signs Definitive Agreement to Acquire ServerBeach
  2. [1]
  3. news/051209_PEER_1_Builds_Green_Data_Center_in_Toronto
  4. [2]
  5. PEER 1 "Million Hits" 30-second commercials
  6. PEER 1's Growing Pains
  7. PEER 1 Announces Customer Support Guarantee
  8. Top 100: Business B.C.

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