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iWeb Group Inc.

11:53 AM EST - iWeb Group Inc. : reported net income for the second quarter of $389,000 or $0.0138 per basic share, compared to a loss of $246,000 or $0.0088 per basic share in the same quarter a year ago. Revenues for the second quarter increased 7% to $7.4 million from $6.9 million in the prior-year quarter. iWeb Group Inc. shares V.IWB are trading even at $0.80.