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Web Host PEER 1 Sees 264 Percent Growth in UK Market Over Two Years

(WEB HOST INDUSTRY REVIEW) -- Web hosting provider PEER 1 Hosting (www.peer1.co.uk) announced on Friday it has experienced 264 percent growth in revenue since it opened its European HQ offices in Southampton, UK in April 2009.

Revenues to the end of April 2011 are now at $10.5 million in just two years of business.

To accommodate this significant demand from customers, PEER 1 is currently building a new POD-designed data center in Portsmouth, which it announced in January.