Rackspace Adds Chief Information Officer and new Sales VP to its San Antonio Team

SAN ANTONIO –March 1, 2010 – Rackspace® Hosting (NYSE:RAX), the world’s leader in the hosting and cloud computing industry, announced the company has expanded its leadership team, naming Steve Mills as Chief Information Officer and Pat Cathey as Vice President of Enterprise Sales. Both positions are newly created to support Rackspace market growth.
As Chief Information Officer, Mills will be responsible for all technology operations, operational metrics and interface with suppliers and resource providers in the IT area. He will report to Mark Roenigk, Chief Operating Officer.

Mills came to Rackspace from T-Mobile USA, where he was vice president of enterprise systems, a position he held from July 2006.  He was also vice president of technical operations for T-Mobile HotSpot from 2003 to 2006. Mills’ experience includes director for technology delivery for Texas Online, the state’s eGovernment portal while at BearingPoint, Inc. in 2002 and 2003. He previously held positions with start-ups Alex eBanking and Berkom USA as well as pcOrder.com, and E-Systems.

The Mississippi native has a B.S. in Computer Science from the University of Southern Mississippi, an M.S. in Computer Science from Southern Methodist University, an M.E. in Systems Engineering from Texas Tech University and a Ph.D in Computer Science from Southern Methodist University.
“Steve is an operations professional to the core and adds a new dimension to our technology infrastructure and services,” said Mark Roenigk, Chief Operating Officer for Rackspace.  “His analytical sense and ability to align technical infrastructure to customer needs adds impressive depth to our team. His academic and business experience should help enhance the tradition of Fanatical Support® at Rackspace.”

Pat Cathey, Rackspace’s new vice president of enterprise sales will join the Rackspace Enterprise Services division. Cathey’s arrival will strengthen Rackspace’s growing presence in enterprise. Cathey will report to Taylor Rhodes, vice president and general manager of enterprise services.
Pat Cathey came to Rackspace after seven years as president of Avnet Electronics Embedded Solutions, based in Arizona. Previous to Avnet, Cathey was vice president of worldwide strategic alliances and Asia Pacific Operations for Web Gain in 2001-2002.  Cathey also held the position of senior vice president of global sales and field operations for EC Net and vice president of sales for Arrow Electronics.  He also held key executive sales and business unit executive positions with IBM Corporation from 1983-1998 and served in the U.S. Army from 1977-1982.  Cathey was awarded a BBA from the University of Notre Dame and an MBA from the University of Puget Sound.
“Rackspace continues to experience tremendous growth opportunities in the enterprise market,” said Taylor Rhodes, vice president and general manager of Rackspace Enterprise Services. “As large companies push for new IT models that create cost reduction, speed to market and improved service quality, Rackspace presents a very attractive value proposition for them. Pat Cathey’s experience and understanding of the IT needs and service expectations of enterprise customers will be a decisive accelerator for us in this market.”
Mills and Cathey will be based in the company’s San Antonio, TX headquarters.

About Rackspace
Rackspace Hosting is  a leader in hosting and cloud computing. The San Antonio-based company provides its customers Fanatical Support ® in their portfolio of hosted IT services, including Managed Hosting, Cloud Computing 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 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-K for the fiscal year ended December 31, 2009, filed with the SEC on February 26, 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.

Contact:
Rachel Ferry
Corporate Communications
210 312 3732
Rachel.ferry@rackspace.com

Rackspace Adds Chief Information Officer and new Sales VP to its San Antonio Team

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