PEER 1 Premieres "Growing Pains" Episode Two With $10,000 Contest

Booth #2057, Interop, Las Vegas – April 29, 2008 – PEER 1, a leading provider of online IT infrastructure, released today the second episode of its humorous video series, “Growing Pains,” along with its new Growing Pains $10,000 Contest. Premiering at Interop Las Vegas, from April 29 – May 1, 2008 at the Mandalay Bay Convention Center, episode two continues the saga of a home business start-up that grew quickly out of control, taking over the house with new employees, computers and servers.

Viewers of the episode can create their own growing pains videos highlighting their personal experiences for a chance to win a prize package of 12 months of free managed hosting, a 15-inch MacBook Pro and a Sony HD camcorder, at a total value of $10,000.

“We want our customers to focus on the possibilities not the problems of the Internet,” said Rajan Sodhi, vice president of marketing at PEER 1. “With the Growing Pains series we are able to bring people together through humor and show that we truly understand the issues that businesses face today. PEER 1 removes these issues to help online businesses succeed in any industry.”

Many PEER 1 customers experienced their own growing pains before they turned to the company to help gain control of their IT infrastructure.

PEER 1 has compiled the top five of these growing pains, which are:

1. High Costs – Running servers from a home office eats up too much capital and keeps small businesses from making other important investments
2. Too Complex – Networks are too complex, too difficult to manage
3. Time Consuming – Businesses suffer because IT takes up too much time, and business owners are not able to focus on generating revenue
4. Unreliable – Lack of redundancy means businesses experience downtime and lose revenue
5. No support – Running a network in a home office means there is not any IT support

The Growing Pains video series is a part of PEER 1’s “We Get IT” campaign, which focuses on the customers behind technology. The first episode was viewed more than 75,000 times through Viddler and YouTube.

To watch the new episode of Growing Pains and enter the Growing Pains $10,000 Contest visit www.peer1.com/growingpains

About PEER 1

PEER 1, a leading online IT infrastructure provider, believes in the limitless opportunity of the Internet and the business growth and continuity it provides for its more than 10,000 customers. PEER 1 delivers highly scalable managed hosting and co-location solutions to ensure customers' online presence is always fast, always available. Since 1999, PEER 1 has grown to include data centers and network points of presence in 17 major cities across North America and Europe. Serving a variety of companies, PEER 1 offers solutions that grow through every stage of web commerce, regardless of company size. The company's headquarters are in Vancouver, Canada and the stock is traded on the TSX Venture exchange under the symbol PIX. For more information visit: http://www.peer1.com.