Rackspace Named to Second-Annual AlwaysOn Top 100 Private Companies List

HostReview.com
Thursday, July 8, 2004; 12:00 AM

July 8, 2004 – (HostReview.com) -- Rackspace Managed Hosting, the fastest-growing managed hosting specialist, today announced it was named to the AlwaysOn (AO) Top 100 Private Companies list.

"We are honored to be recognized by this award and in the same company of so many truly innovative and successful private companies," said Graham Weston, CEO, Rackspace Managed Hosting.

Rackspace Managed Hosting™ is the fastest growing managed hosting specialist offering the world"s only Self-Healing Network™, delivering 100 percent network availability. Founded in 1998, Rackspace offers a wide range of managed services for enterprise hosting platforms.

"Private company innovation is incredibly strong and continues to flourish. Over 50 of last year’s AO100 companies returned to this year’s list and 50 new companies have been selected that are well positioned to significantly contribute to the second-generation of the Internet," notes Tony Perkins, AlwaysOn founder.

AlwaysOn, an open source media company focused on technology and business innovation, and KPMG’s emerging business practice, KPMG 1Start, compiled the second-annual AO100 list. The two groups surveyed more than 1,000 venture investors, investment bankers, top entrepreneurs and executives, who nominated more than 700 companies to determine the AO100 winners. The full list can be found at www.alwayson-network.com.