Rackspace Appoints Brian Kelly as Chief Security Officer

SAN ANTONIO – Oct. 9, 2014 - Rackspace® (NYSE: RAX), the #1 managed cloud company, today announced the appointment of Brian Kelly as Chief Security Officer. Kelly will be responsible for overseeing physical and information security efforts for Rackspace and its customers globally and will report to Mark Roenigk, chief operating officer.

Kelly has more than 30 years of experience in security strategy and technology governance, risk and compliance and investigations in both the public and private sector. Early in his career, Kelly earned numerous awards for his work in the military serving as a Lieutenant Colonel in the U.S. Air Force as well as serving as a consultant to the Department of Homeland Security.

“Brian Kelly will be a strong addition to our leadership team as we collaborate with customers to address the growing cyber security challenges in today’s world,” said Mark Roenigk, chief operating officer at Rackspace. “Brian is well respected across the industry and he will help ensure that Rackspace remains at the forefront of secure computing platforms as well as further our commitment to providing Fanatical Support® and expertise to our customers.”

Prior to Rackspace, Kelly served as Ernst & Young’s Executive Director where he successfully modernized and transformed enterprise security programs while driving business value. As a senior executive in Ernst & Young’s Security, Risk and Assurance practice, Kelly led global advisory services including enterprise risk & compliance, standards assessments, data protection and program development and fraud investigation and electronic evidence collection. At Deloitte & Touche, he advised clients on comprehensive security and risk assessment, technology strategy, incident response, and served as the interim corporate information security officer for a Fortune 50 company.

“A key component of providing Fanatical Support is providing a secure, trusted and audit ready environment for customers and partners we serve as well as for Rackers,” said Kelly. “I’m excited to join Rackspace to advance this mission and to help strengthen and grow the company’s position as the managed cloud leader.”

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 200,000 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 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.


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Christina Weaver