Hosted Solutions Ranked in Annual Inc. 5000 as One of Fastest-Growing Private U.S. Companies

September 11, 2007; 01:07 AM

Raleigh, N.C. –  Hosted Solutions, the East Coast’s leading data center and managed services provider, today was named to Inc. magazine's annual Inc. 5000 ranking of the fastest-growing private companies in the country. As a leader in the data center and a managed services industry, Hosted Solutions ranked No. 1274.
 
Hosted Solutions attributes its rapid growth and success to its employees' concerted effort over the period to fuel the company's monumental growth with dedication and focus to providing secure enterprise hosting and on-demand IT services that ensure the availability, security, and integrity of its customers' critical data and business applications.  The company's distributed, high-availability data center network gives companies the ability to scale their enterprises through selective sourcing of IT infrastructure and managed services. In providing SAS 70 type II certified world class data center facilities and a complete portfolio of managed IT services, companies can refocus internal resources on critical business issues making Hosted Solutions a true partner within the overall corporate community. 

"Hosted Solutions employees have made a collaborative effort over the past year to fuel the company's tremendous growth with dedication and focus. It is extremely exciting for us to see Hosted Solutions rewarded with such a prestigious national honor," said Rich Lee, Founder and CEO of Hosted Solutions. "I firmly believe that great accomplishments stem from great effort, and making the Inc. 5000 is testimony to the collective contribution of all our employees who have worked vigorously to deliver superior customer service and technical expertise for the solutions we provide our clients." 
 
“The Inc. 5,000 provides the most comprehensive look ever at the most important part of the economy – the entrepreneurial part,” said Jim Melloan of Inc. magazine. “The expansion of the list has allowed us to tell the stories of larger companies, older companies, and a wealth of companies in industries like Data Center and Managed Services that are underreported in the business media.

The 2007 Inc. 5,000 reported median revenue of $9.4 million and median three-year growth of 140 percent.  Complete information on this year’s Inc. 5,000, can be found at http://www.inc.com/inc5000. The list features a profile for each company, almost all of them written as a result of Inc. interviews with management. In addition, the list is searchable according to numerous criteria, including industry, city, state, region, and year founded.

The 2007 Inc. 5000 list measures revenue growth from 2003 through 2006.  To qualify, companies had to be U.S.-based and privately held, independent – not subsidiaries or divisions of other companies – as of December 31, 2006, and have had at least $200,000 in revenue in 2003, and $2 million in 2006.

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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 audited Data centers in Boston MA, Charlotte NC, Raleigh NC, and Cary NC providing best-of –breed data center operations with hardened physical infrastructure, highest level of security, and a complete managed services portfolio.  For more information please visit http://www.hostedsolutions.com.