Rackspace Hosting Announces New CloudU Program and Webinar Series

MEDIA ALERT:

Free classes on cloud computing technology and business benefits

WHAT: Rackspace® Hosting, (NYSE:RAX), the world’s leading specialist in the hosting and cloud computing industry today announced its new CloudU Program and webinar series.

CloudU is a cloud computing curriculum designed for technologists and non-technical users alike. The program’s goal is to build widespread knowledge about the cloud revolution and encourage discussion about the cloud’s benefits for businesses of all sizes.

Panelists for the first webinar, Revolution Not Evolution: How Cloud Computing Differs from Traditional IT and Why it Matters, will include John Engates, CTO, Rackspace, Ben Kepes, cloud computing analyst, Diversity Limited and Charles Babcock, editor-at-large, InformationWeek.

Three-hundred people who register to receive more information about CloudU will receive a free copy of Charlie’s book, “Management Strategies for the Cloud Revolution: How Cloud Computing Is Transforming Business and Why You Can’t Afford to Be Left Behind.”*

Other monthly whitepapers and webinar topics will include:

• Cloudonomics: The Economics of Cloud Computing
• Understanding the Cloud Stack: SaaS, PaaS and IaaS
• Say Goodbye to DIY Data Centers: An Infrastructure-as-a-Service Intensive
• Elephant in the Room: Cloud Security and What Vendors and Customers Need To Do To Stay Secure
• Planning a Move to the Cloud: Tips, Tricks and Pitfalls
• Running a Business on the Cloud: Management Strategies for the New IT
• Creative Configurations: Mixing and Matching Public, Private and Hybrid Clouds for Maximum benefits
• Does Data Want to be Free? Exploring Issues in the Open Cloud from Vendor Lock-in to Open Standards
• You Want to Put My Database Where?: Determining the Right Fit Between Your Technology and Cloud, and When It Makes Sense to Stay In-House
• iTunes meets Big Business: The Rise of Software-as-a-Service Marketplaces and how to leverage them for your business
• A Future in the Clouds?: Predicting the Landscape in 3 Years’ Time

When: The first webinar, Revolution Not Evolution: How Cloud Computing Differs from Traditional IT and Why it Matters, will take place on Thursday, January 27 at 2 p.m. ET/11 a.m. PT.

Where: To register please visit: https://cc.readytalk.com/cc/schedule/display.do?udc=3vyxz5rtl24m

For more information on CloudU and a full schedule of upcoming whitepapers and webinars, please visit: www.rackspacecloud.com/cloudU.

* For more information how you can receive a free copy of the book visit http://www.rackspacecloud.com/blog/2011/01/24/cloudu-first-webinar-and-whitepaper/

For more information about Rackspace and the company’s suite of products, please visit: www.rackspace.com.

About Rackspace Hosting

Rackspace Hosting is the world’s leading specialist in the hosting and cloud computing industry, and the founder of OpenStack, an open source cloud platform. The San Antonio-based company provides Fanatical Support® to its customers, across a portfolio of IT services, including Managed Hosting and Cloud Computing. In 2010, Rackspace was recognized by Bloomberg BusinessWeek as a Top 100 Performing Technology Company and listed on the InformationWeek 500 as one of the nation’s most innovative users of business technology. The company was also positioned in the Leaders Quadrant by Gartner Inc. in the “2010 Magic Quadrant for Cloud Infrastructure as a Service and Web Hosting.” 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 concerningRackspace products or services; the market acceptance of Rackspace products or services; anticipated operational and financial benefits from our products or services;  and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include rapid technological change that can adversely affect the demand for Rackspace products and servoces, shifts in customer demand, shifts in strategic relationships, delays in Rackspace’s ability to deliver its products and services, Rackspace’s customers’ and potential customers’ acceptance and valuation of its offerings, announcements by competitors, , and other risks that are described in Rackspace Hosting’s Form 10-Q for the quarter ended September 30, 2010, filed with the SEC on November 9, 2010. 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.

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Contact Information:

Rackspace Hosting

Melissa Smolensky

512-423-3382

melissa.smolensky@rackspace.com