Rackspace Launches NoMoreServers.com

Former founder of Tier1 Research, Andy Schroepfer, to lead site devoted to the move from in house computing to "cloud" providers

SAN ANTONIO--(BUSINESS WIRE)--Rackspace Hosting (NYSE:RAX) today announced the launch of NoMoreServers.com, a site dedicated to the emergence of Computing-as-a-Service models (like hosting, cloud computing and SaaS) to power corporate computing. To support this campaign, the company has hired renowned hosting industry strategist Andrew Schroepfer. In his role, Schroepfer will cover the trend in depth from how providers are evolving to how real businesses are making this trend pay off.

"A new way to run business computing is emerging," said Lanham Napier, president and CEO of Rackspace. "We have countless business customers tell us they are finished buying servers and are looking for a computing partner. People don't want to buy standalone computing, they want computing as a service with Fanatical Support. This trend will have major implications on the entire IT industry, and there is no one more qualified to cover it day-to-day than Andy."

NoMoreServers.com launches today and will feature daily and unique commentary explaining the next era in computing. In addition to filtering and reviewing interesting developments and third-party content about the NoMoreServers computing era, the site will feature daily commentary and a live community portal for visitors to engage on the topic and offers a white paper on the subject for community members."Having covered the hosting industry since its inception, and having strongly recommended Rackspace since 2001, I am excited to now become a Racker," said Andy Schroepfer. "I have always said Rackspace will be more than just a leader in hosting, and I am honored to join the 2,700-strong Fanatical Support team tasked with sustaining and evolving our leadership role as the IT value chain is recast."

Schroepfer has been a key analyst in the hosting industry since its inception in the late 1990s. From his beginnings at Piper Jaffray where he developed and managed the VoIP (Voice-over-Internet-Protocol) industry's primary market statistics, Schroepfer published a 270-page report on the dis-aggregation of communications which sparked his coverage of the Web hosting industry. He then joined Goldman Sachs as VP and senior equity analyst on the Internet Infrastructure Services industry during the time when Equinix, Loudcloud (now HP), and Webex (now Cisco) were executing their IPOs (Initial Public Offerings). In late 2000, Schroepfer founded, led, and later sold Tier1 Research, the leading specialist research firm on the hosting and data center industry whose insights and data remain highly relevant.

"The economics of cloud computing are making the move to Computing-as-a-Service providers unavoidable," stated Lew Moorman, Rackspace's chief strategy officer and president of The Rackspace Cloud. "Costs are lower, friction is removed and finally, IT departments can fulfill the growing demands of their users. This is part of a 20-year trend and there is a lot to digest. Andy and NoMoreServers.com is devoted to guiding IT shops through this change."
About Rackspace Hosting
Rackspace Hosting is the world's leader in hosting and cloud computing and is ranked #43 on FORTUNE Magazine's 100 Best Companies to work For in the United States for 2009. Rackspace provides its customers with Fanatical Support?? in delivering their portfolio of hosted IT services, including Managed Hosting, Cloud Hosting and Email and Apps. For more information, visit www.rackspace.com.

Forward-Looking Statements

This press release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of Rackspace Hosting could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any statements concerning expected development, performance or market acceptance associated with the impact of the NoMoreServers.com website; anticipated operational and financial benefits from the NoMoreServers.com website; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the possibility that expected benefits from the NoMoreServers.com website may not materialize because this product is not generally accepted in the marketplace, which could occur due to certain factors including a lack of interest and/or participation in the website and other risks that are described in Rackspace Hosting's Form 10-Q for the quarter ended June 30, 2009 filed with the SEC on August 13, 2009. Except as required by law, Rackspace Hosting assumes no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.