Rackspace Hosting, the world’s leader in the hosting and cloud computing industry, today announced that it plans to bring public cloud services to the UK by the end of the year.

SAN ANTONIO – May 19, 2010 – Rackspace® Hosting (NYSE: RAX), the world’s leader in the hosting and cloud computing industry, today announced that it plans to bring public cloud services to the UK by the end of the year.
“Our public cloud business grew nearly 125 percent in 2009,” said Lanham Napier, President and Chief Executive Officer. ”The computing as a service revolution has continued at a rapid pace, with analysts like Gartner predicting that 20% of all organizations will no longer own IT assets by 2012. We believe the opportunity in front of us is massive and we have a range of services in development that will be attractive to customers and provide new choices to the market.”
Rackspace expects to be one of the first of the major cloud players to place public cloud infrastructure in the UK. The move to offer public cloud services in the UK is driven by growing demand from UK and European customers for local access to world-class services. Rackspace’s cloud service offerings have already proven highly successful in the US, and with this launch, will be available from Rackspace’s UK Data Centers for the first time.

About Rackspace Hosting

Rackspace Hosting is the world’s leader in the hosting and cloud computing industry. The San Antonio-based company provides Fanatical Support® to its customers, across a portfolio of IT services, including Managed Hosting and Cloud Computing. 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 statements relating to the release of future Rackspace products, including the public and private cloud products anticipated to be released in the UK, anticipated release dates of new services, and the potential acceptance of Rackspace services by existing or potential customers. Risks, uncertainties and assumptions include rapid technological change that can adversely affect the demand for Rackspace products, shifts in customer demand, shifts in strategic relationships, delays in Rackspace’s ability to deliver its products and services, as planned in the product roadmap and otherwise, Rackspace’s customers’ and potential customers’ acceptance and valuation of its offerings under the roadmap, announcements by competitors, and other risks that are described in Rackspace Hosting’s Form 10-Q for the quarter ended March 31, 2010, filed with the SEC on May 6, 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.

–ENDS –
For more information, please contact:

Rackspace Hosting
Lauren Sell, 281-501-2698
lauren.sell@rackspace.com

Rackspace Hosting
Brooke Hamilton, +442087342574
brookehamilton@rackspace.co.uk

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