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Rackspace Names Scott Crenshaw Senior Vice President, Strategy and Product

Technology industry veteran to drive product development and help lead managed cloud strategy

SAN ANTONIO – April 15, 2015 – Rackspace® (NYSE:RAX), the #1 managed cloud company, named Scott Crenshaw as senior vice president of strategy and product, effective April 6, 2015. Crenshaw, who joins Rackspace from VeriSign, Inc., will oversee the company’s corporate strategy, business development and product and engineering portfolio. He reports to Taylor Rhodes, president and CEO of Rackspace.

“We are excited to have someone of Scott’s caliber and experience joining our team,” said Rhodes. “Throughout his career, Scott has established a strong track record of developing winning strategies, managing and growing unique product offerings and working collaboratively with colleagues and customers. Scott will work closely with our marketing, sales, support and other critical functions to drive compelling product offerings and the best customer experience in the industry. I am confident that Scott will bring tremendous value to our company and customers.”

“As the managed cloud leader, Rackspace is strongly positioned to capitalize on the increasing market demand for managed cloud services and expertise,” said Crenshaw. “I am thrilled to be a part of this talented team at such an exciting moment in the company’s history. I look forward to building great products and delivering Fanatical Support® to Rackspace customers worldwide.”

About Scott Crenshaw

Prior to joining Rackspace, Crenshaw was senior vice president of products at VeriSign, Inc., where he led the development of the company’s new products and services, including key growth areas.

Before joining Verisign in 2013, Crenshaw was senior vice president, strategy, and chief marketing officer for Acronis, Inc., a data backup and recovery solutions provider. Previously, he served eight years in executive positions at Red Hat, Inc., including vice president and general manager of the cloud business unit and, previously, in the same capacity for the company’s Linux platform business unit.

Prior to Red Hat, Crenshaw was the chief executive officer of NTRU Cryptosystems, Inc., a provider of embedded security solutions. He held a number of executive positions at enterprise software vendor Datawatch Corporation, including vice president of business development and vice president of product development. Early in his career he co-founded a networking startup.

Crenshaw holds a Bachelor of Science in computer science from North Carolina State University and a Master of Business Administration from the Massachusetts Institute of Technology, where he was a Sloan Fellow at the Sloan School of Management.

About Rackspace

Rackspace (NYSE: RAX) is the #1 managed cloud company. Its technical expertise and Fanatical Support® allow companies to tap the power of the cloud without the pain of hiring experts in dozens of complex technologies. Rackspace is also the leader in hybrid cloud, giving each customer the best fit for its unique needs — whether on single- or multi-tenant servers, or a combination of those platforms. Rackspace is the founder of OpenStack®, the open-source operating system for the cloud. Headquartered in San Antonio, Rackspace serves more than 300,000 business customers from data centers on four continents. For more information, visit www.rackspace.com.

Forward Looking Statement

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 anticipated operational and financial benefits from Rackspace strategies related to additions or changes in leadership, any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing.  Risks, uncertainties and assumptions include issues relating to the performance of a customer’s configuration caused by forces outside of the control of Rackspace; changes in the economy, technological and competitive factors, regulatory factors, and other risks that are described in Rackspace Hosting’s Form 10-K for the quarter and year ended December 31, 2014, filed with the SEC on March 2, 2015. 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.

 

Media Contact:

Brandon Brunson

210.312.1357

brandon.brunson@rackspace.com

 

Video: Who Is Going To Manage Your Cloud?

“Who is going to manage your cloud?”

It’s a question we see shaping IT decisions for the next decade. The cloud’s speed, flexibility and price have opened up myriad opportunities for companies, but they’ve also created complexity. Companies must increasingly ask themselves if they want to spend their time looking for the hard to find experts to manage their cloud, or if they want to partner with a company like Rackspace on what we call the “do it together cloud” model.

In this video, CEO Taylor Rhodes and CTO John Engates discuss how Rackspace’s “do it together cloud” works for premier companies like Under Armour, Tinder and Zulily. Check it out, and let us know what you think in the comments.

Tinder Swipes Right for Rackspace Managed Cloud

Leading Mobile Dating App Leverages ObjectRocket by Rackspace to Power its Mobile Matching Capabilities; Improves Application Performance by 4X

SAN ANTONIO – March 4, 2015 - Rackspace® (NYSE: RAX), the #1 managed cloud company, today announced that Tinder, the widely popular matchmaking mobile app, is leveraging ObjectRocket™ by Rackspace to power its matching and moment rating capabilities.

ObjectRocket provides Tinder with a highly available, infinitely scalable, database-as-a-service platform supported by Rackspace database expertise. Automation, specifically around sharding, allows Tinder to scale horizontally without taxing internal resources. Rackspace Managed Data Services, including ObjectRocket, simplifies database management by offering fully-managed public and private cloud solutions that span the most popular relational, NoSQL and big data platforms.

Since switching to Rackspace, Tinder has seen a 4x improvement in performance and stability. Additionally, with a staff of only 40, including 25 engineers, Tinder utilizes Rackspace for ongoing support of its IT team. This allows the company to focus on innovating and growing its core business while leveraging Rackspace DBA experts to assist with routine database management and 24×7 monitoring.

“Rackspace’s offering is the best of breed,” said Ryan Ogle, CTO of Tinder. “ObjectRocket by Rackspace is the fastest, most reliable MongoDB offering that we’ve ever tried, and with Fanatical Support® and Rackspace Managed Cloud, we can rest assured knowing that we always have a team of dedicated experts on our side, operating as an extension of our in-house team. With such a popular, fast-growing app, this type of scalability and support is crucial for the success of our business.”

Initially launched in August 2012 as a pilot on select college campuses, Tinder is now available in 24 languages and has millions of users globally. The app uses geolocation technology to connect users with potential matches in a specific radius and allows users to anonymously like or reject matches by swiping right or left, respectively. Tinder matches two users when they mutually swipe right to “like” each other’s profiles, and moment capabilities allow users to take a photo and share it as a moment with all matches. Tinder users swipe through 1.7 billion profiles and make more than 25 million matches per day.

“The amount of data that businesses collect is growing exponentially, and the tools, knowledge and skills needed to manage that data at scale are becoming increasingly important as a result,” said John Engates, CTO of Rackspace. “With ObjectRocket, Tinder leverages Rackspace’s economies of expertise in the data space so they can avoid the cost and burden of managing their data themselves. This way, Tinder can focus on performing at scale and continuing to innovate to connect more people around the globe.”

To learn more about Tinder, visit http://www.gotinder.com.

About Rackspace

Rackspace (NYSE: RAX) is the #1 managed cloud company. Its technical expertise and Fanatical Support® allow companies to tap the power of the cloud without the pain of hiring experts in dozens of complex technologies. Rackspace is also the leader in hybrid cloud, giving each customer the best fit for its unique needs — whether on single- or multi-tenant servers, or a combination of those platforms. Rackspace is the founder of OpenStack®, the open-source operating system for the cloud. Based in San Antonio, Rackspace serves more than 300,000 business customers from data centers on four continents. It ranks #29 on Fortune’s list of 100 Best Companies to Work Forwww.rackspace.com

Forward Looking Statement

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 operational results related to any particular customer or customers of our customers associated with our hosting solutions; any other statements of expectation or belief; and any statements of assumptions underlying any of the foregoing.  Risks, uncertainties and assumptions include issues relating to the performance of a customer’s configuration caused by forces outside of the control of Rackspace; changes in the economy, technological and competitive factors, regulatory factors, and other risks that are described in Rackspace Hosting’s Form 10-Q for quarter ended September 30, 2014, filed with the SEC on November 10, 2014. 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.

Media Contact:

Monica Jacob
210-312-6745
monica.jacob@rackspace.com

Rackspace Appoints John Harper to Board of Directors

SAN ANTONIO – Feb. 17, 2015 - Rackspace® (NYSE: RAX), the #1 managed cloud company, today announced that John Harper has joined the company’s board of directors.

“John is a well-respected industry veteran with a strong track record of helping to drive financial success for leading technology companies,” said Graham Weston, chairman of Rackspace.  “John’s extensive background in finance and technology makes him a valued addition to the Board.  We are excited for him to join the Rackspace team, as we expand our leadership of the managed cloud segment of the market.”

“Over the last decade, I have watched Rackspace grow and transform into the industry leader in managed cloud,” said Harper.  “It’s an honor to join such a vibrant and progressive team with an acute focus on customer service.  I look forward to being a part of the continued success of this great company.”

Harper brings more than 30 years of experience in the technology, healthcare and financial services industries.  Most recently, Harper served as Vice President and Chief Financial Officer of Dell Services, an $8 billion business unit of Dell, Inc.  He was instrumental in integrating the Dell and Perot Systems services businesses to create a new Dell Services organization spanning approximately 90 countries and 50,000 team members.  Prior to the acquisition of Perot Systems by Dell, Harper served as the Chief Financial Officer of Perot Systems Corporation where he was responsible for the company’s global financial management activities including mergers and acquisitions, planning, accounting and treasury functions.  Before joining Perot Systems, Harper spent 9 years in the audit practice of Ernst & Young serving a number of industries including technology, manufacturing, education and oil and gas.

Harper holds a Bachelors of Business Administration from Texas A&M University and is a CPA in the state of Texas.  He lives near Dallas with his wife and three children.

About Rackspace

Rackspace (NYSE: RAX) is the #1 managed cloud company. Its technical expertise and Fanatical Support® allow companies to tap the power of the cloud without the pain of hiring experts in dozens of complex technologies.  Rackspace is also the leader in hybrid cloud, giving each customer the best fit for its unique needs — whether on single- or multi-tenant servers, or a combination of those platforms. Rackspace is the founder of OpenStack®, the open-source operating system for the cloud. Based in San Antonio, Rackspace serves more than 300,000 business customers from data centers on four continents. It ranks #29 on Fortune’s list of 100 Best Companies to Work Forwww.rackspace.com

 

Rackspace Announces Support for Fully Managed Microsoft SQL Server 2014 Solution

 Enables Rapid Migration and Deployment; In-Memory OLTP to Increase Performance up to 30x

SAN ANTONIO – Jan. 27, 2014 – Rackspace® (NYSE: RAX), the #1 managed cloud company, today announced support for Microsoft® SQL Server® 2014 In-Memory Online Transaction Processing (OLTP) and AlwaysOn Availability. With Rackspace DBA Services, customers can now use Rackspace database administrators (DBA) to rapidly migrate or upgrade existing workloads to SQL Server 2014 In-Memory OLTP on the Rackspace Managed Cloud. Customers can rapidly scale up performance, drive greater database consolidation density and help reduce total cost of ownership.

Rackspace currently powers more than 10,000 compute instances running Microsoft SQL Server on its private and public clouds. By combining In-Memory OLTP with Managed High Availability, Rackspace can help customers speed up OLTP workloads to up to 30x while providing maximum uptime. Rackspace DBA Services offers database administrators and database architects on demand with simple pricing and multiple tiers of Fanatical Support®.  For a fraction of the cost of a full time database administrator (DBA), Rackspace offers dedicated expertise available 24x7x365 to enable rapid migration, upgrades and ongoing maintenance of In-Memory OLTP.

With a Managed Private Cloud powered by Microsoft Cloud Platform, and the built in Database-as-a-Service capability, customers can take advantage of a fully managed, physically isolated private cloud environment that allows customers to programmatically spin up SQL Server 2014 databases on demand.  Customers can also strengthen their high availability and disaster recovery capabilities by choosing from an increased number of availability groups including Microsoft Azure as a designated disaster recovery location.

 

“Adding support for Microsoft SQL Server 2014 to Rackspace DBA Services enables customers to increase performance and make more efficient use of IT resources,” John Engates, chief technology officer at Rackspace. “Customers will be able to leverage our DBA experts to assist with routine database management and monitoring 24×7, which will allow their internal IT teams to work regular schedules and focus on innovating their core business.”

Rackspace certified DBAs can provide the deep expertise customers need for their MySQL, Oracle and Microsoft SQL Server databases running on dedicated hardware or Rackspace Cloud Servers. With Rackspace DBA Services, customers also have the option to take advantage of an additional layer of assistance including database architecture and design, administration, monitoring and troubleshooting.

“As a long standing and key partner for Microsoft, we are pleased to see Rackspace embrace SQL Server 2014 to provide breakthrough performance and availability to a broader number of customers through their services,” said Tiffany Wissner, senior director of data platform marketing at Microsoft. “When customers choose Rackspace DBA Services they have the assurance of the company’s deep experience running thousands of SQL Servers.”

As an industry leader in cloud-enabled technologies, Rackspace is a member of the Microsoft Cloud OS Network, a Microsoft Gold Certified Partner and a four-time Microsoft Hosting partner of the year. For more information on Microsoft SQL Server 2014 at Rackspace visit: http://go.rackspace.com/sqlserver2014.

About Rackspace
            Rackspace (NYSE: RAX) is the #1 managed cloud company. Its technical expertise and Fanatical Support® allow companies to tap the power of the cloud without the pain of hiring experts in dozens of complex technologies. Rackspace is also the leader in hybrid cloud, giving each customer the best fit for its unique needs — whether on single- or multi-tenant servers, or a combination of those platforms. Rackspace is the founder of OpenStack®, the open-source operating system for the cloud. Based in San Antonio, Rackspace serves more than 300,000 business customers from data centers on four continents. It ranks #29 on Fortune’s list of 100 Best Companies to Work For. www.rackspace.com
Forward Looking Statement
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 facts are statements that could be deemed forward-looking statements, including any statements concerning expected development, performance or market acceptance associated with Rackspace support for Microsoft® SQL Server® 2014 In-Memory Online Transaction Processing (OLTP); anticipated operational and financial benefits from Rackspace Support for Microsoft® SQL Server® 2014 OLTP; 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 Rackspace Support for Microsoft® SQL Server® 2014 OLTP may not materialize because this 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, (vi) issues relating to the performance of a customer’s configuration caused by forces outside of the control of Rackspace; and (vii) other risks that are described in Rackspace Hosting’s Form 10-Q for quarter ended September 30, 2014, filed with the SEC on November 10, 2014. 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.

Rackspace to Host Redis Conference for Developers; Redis Inventor to Keynote

Managed Cloud Leader Fostering Stronger Collaboration Across Redis Community; Issues Call for Speakers

SAN ANTONIO – January 13, 2014 – Rackspace® (NYSE: RAX), the #1 managed cloud company, today announced that it will host the Redis Conference, which is aimed at building greater collaboration between application developers, database administrators and Redis to Go practitioners throughout the growing Redis community.  This first time event will take place in San Francisco at the Innovation Hangar in the Palace of Fine Arts Exhibition Hall on March 5, 2015, the day after Rackspace::Solve™ San Francisco.

“With more businesses adopting open source databases, we’ve seen significant growth across the Redis community this past year,” said Kenny Gorman, chief technologist for data at Rackspace. “This community will help set the pace of innovation in the cloud moving forward. The Redis Conference offers these developers the chance to share their knowledge and expertise, while learning from other Redis project leaders.”

The Redis Conference will feature keynote speaker, Salvatore Sanfilippo, the inventor of Redis. His keynote will highlight how Redis has evolved over the past few years and where it is heading in the future. In an effort to gain deeper insights directly from the Redis community, Rackspace is also announcing a call for speakers for its business and technical speaking tracks.  The deadline for speaker submissions is February 6.

“It’s great to see Redis still growing after 5 years, and the community becoming more populated with different voices and ideas at the same time,” said Salvatore Sanfilippo, inventor of Redis. “The London Redis Developers meeting was a good start and it is great to see that Rackspace is going to help to spread the word about Redis new features and developments by hosting the 2015 Redis Conference, this will be a conference more suited to communicate ideas not just between Redis developers but with the community of Redis users. I look forward to be in San Francisco in March.”

The Redis Conference represents Rackspace’s ongoing commitment to open source databases.  Rackspace supports a broad portfolio of managed databases including the most popular Big Data, SQL and NoSQL databases.  This includes Redis, Hadoop, Spark, MongoDB, Oracle, Microsoft SQL Server, MySQL, Percona, and MariaDB.

For more information on the Redis Conference, speaking submissions and sponsorship opportunities, visit http://www.redisconference.com/.

About Rackspace

Rackspace (NYSE: RAX) is the #1 managed cloud company. Its technical expertise and Fanatical Support® allow companies to tap the power of the cloud without the pain of hiring experts in dozens of complex technologies.  Rackspace is also the leader in hybrid cloud, giving each customer the best fit for its unique needs — whether on single- or multi-tenant servers, or a combination of those platforms. Rackspace is the founder of OpenStack®, the open-source operating system for the cloud. Based in San Antonio, Rackspace serves more than 300,000 business customers from data centers on four continents. It ranks #29 on Fortune’s list of 100 Best Companies to Work Forrackspace.com.

Forward-looking Statement

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 Rackspace services for Redis and open source databases; anticipated operational and financial benefits from Rackspace services; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing.  Risks, uncertainties and assumptions include issues relating to the performance of a third party open source projects caused by forces outside of the control of Rackspace; changes in the economy, technological and competitive factors, regulatory factors, and  other risks that are described in Rackspace Hosting’s Form 10-Q for the quarter ended September 30, 2014, filed with the SEC on November 10, 2014. 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.

 

Media Contact:

Christina Weaver

210.312.4593

christina.weaver@rackspace.com

 

 

Rackspace Appoints Kevin Costello to Board of Directors

SAN ANTONIO – Dec. 23, 2014 - Rackspace® (NYSE: RAX), the #1 managed cloud company, today announced that Kevin Costello has joined the Rackspace board of directors.

“Kevin is a highly regarded and capable leader in the SaaS space who brings more than 25 years of consulting and advisory experience. He has helped numerous companies improve their competitive position through technology, strategy and services,” said Graham Weston, chairman of Rackspace. “Kevin will be a great addition to the board and a valuable member of the Rackspace team as we continue to gain momentum and grow in the managed cloud market segment.”

A veteran in the Software-as-a-Service (SaaS) industry, Costello served as the president of Ariba, Inc., a spend-management software and consulting services company, for six years. During his tenure at Ariba, Costello provided strategic vision and operational guidance that helped transform the company into a leading global provider of cloud computing and commerce management solutions. When SAP acquired Ariba in 2012, Costello continued to serve as president, where he focused on driving the Ariba solution through the SAP cloud go-to-market organization to ensure successful integration. Prior to Ariba and SAP, Costello served in various senior management positions during his 18-year career at Andersen Business Consulting.

Costello holds a B.S. in accounting with high honors from the University of Illinois. He has lived in Atlanta for 30 years and established himself as a leader and advisor in the technology community.

“I’m pleased to join Rackspace at such an exciting time in the company’s journey,” said Costello. “I have always appreciated companies with a clear strategy and a strong culture, and I look forward to working with the Rackspace team as they continue to innovate and grow in the years ahead.”

About Rackspace

Rackspace (NYSE: RAX) is the #1 managed cloud company. Its technical expertise and Fanatical Support® allow companies to tap the power of the cloud without the pain of hiring experts in dozens of complex technologies. Rackspace is also the leader in hybrid cloud, giving each customer the best fit for its unique needs — whether on single- or multi-tenant servers, or a combination of those platforms. Rackspace is the founder of OpenStack®, the open-source operating system for the cloud. Based in San Antonio, Rackspace serves more than 300,000 business customers from data centers on four continents. It ranks #29 on Fortune’s list of 100 Best Companies to Work Forwww.rackspace.com

Forward Looking Statement

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 anticipated operational and financial benefits from Rackspace strategies related to additions or changes in leadership, any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the continuation of the current difficult economic conditions or further fluctuations, disruptions, instability or downturns in the economy, the effectiveness of managing company growth, infrastructure failures, technological and competitive factors, regulatory factors, and other risks that are described in our Form 10-Q for the quarter ended September 30, 2014, which was filed with the SEC on November 10, 2014. 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.

Media Contact:

Monica Jacob
210-312-6745
monica.jacob@rackspace.com

Rackspace Founder and Chairman Purchases Company Stock Worth $2.5 Million – Files a 10b5-1 Plan for Additional Purchases up to $2.5 million

SAN ANTONIO – Nov. 20, 2014 – Rackspace® (NYSE: RAX), the #1 managed cloud company, today announced that its chairman, Graham Weston, purchased Rackspace stock worth $2.5 million, and filed a 10b5-1 trading plan to purchase up to $2.5 million more over the next year, as part of his individual investment strategy.  The initial $2.5 million purchase was made on the open market on November 18, 2014, at an average price of $42.752 per share for 58,480 shares.

Weston stated, “My willingness to invest in Rackspace expresses my belief in the company’s future. I believe we can be the trusted partner to the rising wave of businesses who need help managing their cloud. One reason for my belief is the strong traction that Rackspace has demonstrated. I’m also confident in the leadership of our new CEO, Taylor Rhodes, and in his commitment to delivering Fanatical Support to our customers.”

Weston entered into a written stock trading plan in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and in accordance with the Rackspace insider-trading policy.

Before his November 18 purchase, Weston, one of the founders of Rackspace, held 13.2 percent of the company’s outstanding common stock. Purchases under the trading plan may commence on the first day of the next Rackspace open trading window, currently scheduled for early to mid-February 2015.

About Rule 10b5-1
Rule 10b5-1 permits the implementation of written, prearranged stock trading plans by insiders when the insiders are not in possession of material non-public information and allows the insiders to trade in accordance with their trading plans, regardless of any subsequent material non-public information they receive. Mr. Weston will report transactions made pursuant to his plan to the Securities and Exchange Commission as required pursuant to Rule 16(b) of the Exchange Act. Except as required by law, Rackspace does not undertake to report Rule 10b5-1 trading plans by other Rackspace officers or directors or to report modifications, transactions or other activities under Rule 10b5-1 trading plans or the similar plans of any other officer or director.

About Rackspace
Rackspace (NYSE: RAX) is the #1 managed cloud company. Its technical expertise and Fanatical Support® allow companies to tap the power of the cloud without the pain of hiring experts in dozens of complex technologies.  Rackspace is also the leader in hybrid cloud, giving each customer the best fit for its unique needs — whether on single- or multi-tenant servers, or a combination of those platforms. Rackspace is the founder of OpenStack®, the open-source operating system for the cloud. Based in San Antonio, Rackspace serves more than 300,000 business customers from data centers on four continents. It ranks #29 on Fortune’s list of 100 Best Companies to Work For.  www.rackspace.com

Investor Relations Contact: 
Jessica Drought
210-312-4191
ir@rackspace.com

Media Contact:
Brandon Brunson
210-312-1357
brandon.brunson@rackspace.com

Rackspace Appoints Todd Cione as Chief Revenue Officer

Former Rackspace SVP of Americas Sales to Lead Unified Sales and Marketing Functions

SAN ANTONIO – Nov. 13, 2014 – Rackspace® (NYSE: RAX), the #1 managed cloud company, today announced that Todd Cione, former SVP of Americas sales at Rackspace, was promoted to chief revenue officer. In this new role, Cione will oversee the operations of the Americas sales and global marketing organizations, uniting the functions to work seamlessly and strengthen the company’s go-to-market strategy.

“Since joining Rackspace, Todd has proven himself to be a results-driven leader who embodies our culture of teamwork and collaboration,” said Taylor Rhodes, president and CEO at Rackspace. “With his extensive sales and marketing leadership experience and track record of success, Todd is well-suited to advance our managed cloud strategy and expand our global customer base.”

Cione has more than 20 years of experience in the technology industry, building and developing integrated sales, marketing and solution partner organizations. He joined Rackspace in 2013 as SVP of acquisition sales and moved on to become SVP of sales for the Americas region, where he helped launch the Rackspace managed cloud strategy and product offering to customers and partners across all segments. Prior to joining Rackspace, Cione spent 15 years at Microsoft, where he led enterprise and mid-market sales, marketing and partner functions in APAC and the U.S., and most recently served as the Asia-Pacific marketing and operations leader, based out of Singapore.

“Marketing and sales functions carry the primary responsibility for educating the market on the Rackspace managed cloud and our industry-leading capabilities,” said Cione. “Bringing these two functions together further enables Rackspace to help design, build and run cloud workloads, backed by Fanatical Support® for businesses of all sizes.”

Cione graduated from Baylor University with a degree in English and Business.

About Rackspace
Rackspace (NYSE: RAX) is the #1 managed cloud company. Its technical expertise andFanatical Support®allow companies to tap the power of the cloud without the pain of hiring experts in dozens of complex technologies. Rackspace is also the leader in hybrid cloud, giving each customer the best fit for its unique needs — whether on single- or multi-tenant servers, or a combination of those platforms. Rackspace is the founder of OpenStack®, the open-source operating system for the cloud. Based in San Antonio, Rackspace serves more than 300,000 business customers from data centers on four continents. It ranks #29 on Fortune’s list of 100 Best Companies to Work Forwww.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 anticipated operational and financial benefits from Rackspace strategies related to additions or changes in leadership, the success of leadership transition, company growth or success of new sales initiatives, any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the integration and effectiveness of the new leadership into the Rackspace culture, the continuation of the current difficult economic conditions or further fluctuations, disruptions, instability or downturns in the economy, the effectiveness of managing company growth, infrastructure failures, technological and competitive factors, regulatory factors, and   other risks that are described in Rackspace Hosting’s Form 10-Q for the quarter ended September 30, 2014, filed with the SEC on November 10, 2014. 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.

Media Contact:
Monica Jacob
monica.jacob@rackspace.com
210-312-6745

Rackspace Announces Cloud Office Suite for Improved Business Collaboration Backed by Fanatical Support

Cloud Office at Rackspace Unifies Rackspace and Microsoft Business Productivity Tools with Trademark Fanatical Support for an All-In-One Customer Experience

SAN ANTONIO – Oct. 23, 2014 – Rackspace®(NYSE: RAX), the #1 managed cloud company, today announced it has created a new business unit – Cloud Office at Rackspace – to unify its portfolio of industry-leading Rackspace and Microsoft® business productivity and collaboration tools. The suite of solutions available under Cloud Office at Rackspace includes hosted Microsoft Exchange and Rackspace Email, Microsoft Lync® and Microsoft SharePoint® collaboration tools and Jungle Disk® backup services, all backed by Fanatical Support®.

Cloud Office at Rackspace provides a foundation of fully managed business productivity tools to help businesses of all sizes improve communication and collaboration. The Cloud Office portfolio gives customers the flexibility to choose from a broad set of solutions delivered on a variety of technology platforms to help meet business requirements. Cloud Office at Rackspace enhances customer productivity with a team of specialists who take on the burden of deploying, managing and troubleshooting, so customers can focus on their core business.

“We’ve combined the power and expertise of Rackers, who understand that each customer has unique needs in their work environment, with a broad selection of productivity tools to help customers manage and run their business in a way that meets their specific needs,” said Bret Piatt, general manager of Cloud Office at Rackspace. “We are proud to deliver this IT productivity suite as a service to exciting new companies as well as established brand names including Edelman, Jordan Lawrence, Star Network Services and 42 Inc.”

Support from the Cloud Office at Rackspace team includes direct access to a dedicated team of specialists who deliver Fanatical Support. Solutions are backed by industry-leading SLAs, including 100 percent uptime guarantee for Hosted Microsoft Exchange. Customers can use tools supported by Cloud Office at Rackspace to:

  • Communicate with award-winning email hosting – Rackspace specializes in the day-to-day management of business email platforms, allowing companies to focus on their core business. With the experience of managing millions of hosted mailboxes, Rackspace makes it simple to communicate and get work done through a variety of email hosting solutions including enterprise-class Microsoft Exchange and affordable business-class Rackspace Email.
  • Collaborate with Microsoft SharePoint and Lync – As the leading Managed SharePoint Hosting Provider with over one million users, Rackspace creates and maintains custom scalable solutions that maximize the power of SharePoint. This allows customers to focus on strategic initiatives while Rackspace manages their applications. Customers also can access secure instant messaging and video calling with Microsoft Lync, a sophisticated yet easy-to-use tool that seamlessly integrates with Microsoft Exchange and Outlook for accessible collaboration from desktops to mobile devices.
  • Backup and Protect Data with Jungle Disk – Rackspace makes computer and server-level backups easy and reliable with Jungle Disk. Jungle Disk offers online backups and cloud file storage for valuable business data without interfering with workflows, enabling easy sharing of critical business files and protection with unique encryption capabilities.

“As we continue to see wide-spread adoption of hosted productivity solutions from SMB to the Enterprise, businesses are increasingly looking for help to introduce these technologies into their organizations and manage them in a way that reduces pain points and maximizes employee productivity,” said David Smith, research director and lead analyst at Aragon Research. “Rackspace’s significant experience in cloud hosting and business productivity positions them as a competitive choice in the cloud productivity market, particularly for organizations that are seeking a fully managed model.”

As an industry leader in cloud-enabled technologies, Rackspace is a Microsoft Gold Certified Partner and a four-time Microsoft Hosting partner of the year. In addition, Rackspace received the gold Stevie American Business Award for Customer Support in 2012. Cloud Office at Rackspace is available in all regions. To learn more, visit www.rackspace.com/cloud-office.

 

About Rackspace
            Rackspace (NYSE: RAX) is the #1 managed cloud company. Its technical expertise and Fanatical Support® allow companies to tap the power of the cloud without the pain of hiring experts in dozens of complex technologies. Rackspace is also the leader in hybrid cloud, giving each customer the best fit for its unique needs — whether on single- or multi-tenant servers, or a combination of those platforms. Rackspace is the founder of OpenStack®, the open-source operating system for the cloud. Based in San Antonio, Rackspace serves more than 200,000 business customers from data centers on four continents. It ranks #29 on Fortune’s list of 100 Best Companies to Work For. www.rackspace.com

Forward Looking Statement
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 facts are statements that could be deemed forward-looking statements, including any statements concerning expected development, performance or market acceptance associated with Cloud Office at Rackspace; anticipated operational and financial benefits from Cloud Office at Rackspace; any statements concerning expected development, performance or operational results related to any particular customer or customers of our customers associated with our cloud solutions; 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 Cloud Office at Rackspace may not materialize because the services are not generally accepted in the marketplace, which could occur due to certain factors including (i) a failure to market the services cost effectively, differentiate the services from competitive products or communicate differentiations effectively, (ii) the reliability, quality or compatibility associated with the services, (iii) changes in technology which adversely affect the portfolio 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, (vi) issues relating to the performance of a customer’s configuration caused by forces outside of the control of Rackspace; and (vi) other risks that are described in Rackspace Hosting’s Form 10-Q for the year ended June 30, 2014, filed with the SEC on August 11, 2014. 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.

Media Contact
Monica Jacob
210.312.6745
monica.jacob@rackspace.com

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