WikiWikiWeb was created in 1995.

According to the website linked below, "WikiWikiWeb was the first site to be called a wiki. Ward Cunningham started developing WikiWikiWeb in 1994, and installed it on the Internet domain c2.com on March 25, 1995."

No, it was created by Jimbo Wales and Larry Sanger. Wiki is the hawaiian word for "fast", and the first Wiki website was WikiWikiWeb by Ward Cunningham.

WikiWikiWeb was the first site to be called a wiki. Ward Cunningham started developing WikiWikiWeb in 1994, and installed it on the Internet domain c2.com on March 25, 1995. It was named by Cunningham, who remembered a Honolulu International Airport counter employee telling him to take the "Wiki Wiki" shuttle bus that runs between the airport's terminals. According to Cunningham, "I chose wiki-wiki as an alliterative substitute for 'quick' and thereby avoided naming this stuff quick-web."

Source: http://en.wikipedia.org/wiki/Wiki#History

"Wiki" means fast or quick in Hawaiian. Computer programmer Ward Cunningham learned the meaning of the word "wiki" in Hawaii when an airport employee told him to take the "wiki" bus. He applied this name for "fast" to his WikiWikiWeb, which was a predecessor to Wikipedia.