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Press Release

Rackspace Puts Microsoft SharePoint in the Cloud

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Rackspace Reduces the Cost and Hassle of Managing the Popular Collaboration Platform

LONDON  – February 12 2010 – Rackspace® Hosting (NYSE:RAX), the world's leader in hosting, today announced the launch of hosted Microsoft SharePoint, the popular collaboration and file sharing platform, uniquely backed by Rackspace's 24x7x365 Fanatical Support®. With the addition of hosted Microsoft SharePoint, Rackspace's suite of cloud applications now includes business-class collaboration, email and storage solutions.
 
"With SharePoint, Rackspace is offering businesses the most powerful file sharing and collaboration software on the market today," said Pat Matthews, General Manager of Rackspace Email & Apps. "With our cloud delivery model, businesses can take advantage of all the power Microsoft SharePoint has to offer without the hassle of having to manage the software in-house.  Microsoft SharePoint backed by Fanatical Support is the recipe our customers have been asking for."
                                                                                                                  
The Rackspace offering includes an intuitive control panel that allows administrators to quickly initiate SharePoint, add/remove users, and create SharePoint sites with only a few steps. The control panel also gives administrators the ability to manage Rackspace Email & Apps' full suite of applications, including hosted Microsoft Exchange, Rackspace Email, Email Archiving, and Rackspace Cloud Drive and Server Backup, in one dashboard.
 
With SharePoint from Rackspace, employees can become better equipped to collaborate on projects and share ideas across the organisation, with a centralised place to store, organise, and access documents. Specific features and benefits include:
 
- Collaboration and Social Computing – Allows teams to work together effectively, collaborate on and publish documents, maintain task lists, implement workflows, and share information through the use of wikis and blogs. 
- Document Management – Organise your files and share with team members in one central location. Files are easy to locate when you need them. 
- Team Organisation – Easily customize for each team with workflows that fit your projects. Automatic alerts keep team members up to date.     
- Microsoft Office® Integration – Smoothly integrate with the software you love. SharePoint works with Outlook®, Word®, Excel®, and PowerPoint®. 
- Enterprise Search – Quickly and easily find people, expertise, and content within the organisation.
 
In addition to the new hosted SharePoint offering, Rackspace continues to offer Dedicated SharePoint through its managed services division for customers who require higher levels of customisation or control. Dedicated SharePoint is a single tenant solution, supported by a team of certified Rackspace SharePoint engineers who design, deploy, customise and fully manage the solution.

About Rackspace Email & Apps
Rackspace Email & Apps, the rapidly growing software-as-a-service division of Rackspace Hosting, offers a full suite of hosted email, collaboration, and storage solutions. The Email & Apps division hosts more than 1.6 million paid email accounts through its proprietary web-based platform, Rackspace Email, hosted Microsoft Exchange, and a hybrid offering of the two services all backed by Rackspace's 24x7 Fanatical Support. In 2009, the Email & Apps division processed more than 30 billion emails and blocked more than 17 billion pieces of spam and 500 million viruses. To learn why Rackspace Email & Apps attracts more than 1,000 new customers each month, please visit: http://www.rackspace.co.uk/email-apps/  

About Rackspace Hosting 
Rackspace Hosting is the world's leader in hosting and cloud computing and has been ranked in Financial Times Top 50 Great Place to Work in the United Kingdom for the past five years.  Rackspace provides its customers with Fanatical Support ® by delivering a portfolio of hosted IT services, including Managed Hosting, Cloud Hosting and Email and Apps.  For more information, visit www.rackspace.co.uk

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 our Sharepoint offering; anticipated operational and financial benefits from our Sharepoint offering; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include including the possibility that expected benefits from our Sharepoint offering may not materialize because the product is not generally accepted in the marketplace, which could occur due to certain factors including (i) a failure to market the product cost effectively, differentiate the product from competitive products or communicate differentiations effectively, (ii) the reliability, quality or compatibility associated with the product, (iii) changes in technology which adversely affect the product's benefit, (iv) slowdowns in the general economy or technology industry that impact consumer spending habits, (v) internal strategy decisions that impact the product, and (vi)other risks that are described in Rackspace Hosting's Form 10-Q for the quarter ended September 30, 2009, filed with the SEC on November 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.

Notes to editors

Further Information 

For more information, please contact:
Mital Joshi / Alex Brooks
rackspace@rocketcomms.net
08453 707 024