Hosted Solutions Honored with Fourth Consecutive Fast 50 Award

Raleigh, NC -- Hosted Solutions, a Raleigh, N.C.-based provider of managed hosting and data center services, was recognized as one of the fastest growing private companies in the Triangle at the Triangle Business Journal's annual Fast 50 Awards ceremony on November 2, 2007.

Privately-held Hosted Solutions provides managed hosting solutions to companies with mission critical I.T. systems and applications. The company runs four SAS 70 Type II certified data centers, located in Charlotte, Cary and Raleigh, North Carolina, and Boston, Massachusetts.

"We are extremely honored to be given this award for the fourth consecutive year," says Rich Lee, CEO, Hosted Solutions. "Our continued success is attributed to smart growth and our company philosophy of providing our clients with the best managed hosting experience one local market at a time."

The companies were chosen by PricewaterhouseCoopers LLP, who evaluated locally headquartered private companies based on a formula taking into account both dollar growth and percentage rate of growth over a three-year period. To be considered, companies were required to have had at least $3 million in revenue in 2006.

"Each of the Fast 50 companies has contributed a great deal to the Triangle community," says Charlene Grunwaldt, Triangle Business Journal publisher. "They are dynamic businesses representing diverse industries. The stories of their successes are very compelling."

Hosted Solutions and the other 49 winning companies are profiled in an special in-depth Fast 50 Awards section in the Triangle Business Journal's November 3 edition.

About Hosted Solutions

Hosted Solutions' high quality Data Center and Managed Hosting solutions maintain and protect customers' mission-critical, back-office IT systems and applications, enabling them to reduce operating costs, lower the risk of downtime, focus on core competencies, and achieve their top business objectives. The company operates four SAS 70 Type II certified Data Centers in Boston, MA, Charlotte, NC, Raleigh, NC and Cary, NC providing best-of-breed data center operations with hardened physical infrastructure, security, and a complete managed services portfolio.

For more information please visit http://www.hostedsolutions.com.