Hosted Solutions Named to 'Fast 50' for Sixth Consecutive Year, as One of Triangle's Fastest Growing Private Companies

Company cited as sixth-largest in region, based on revenue and profitability growth

• Press Release
• Source: Hosted Solutions
• On 8:30 am EST, Friday November 6, 2009

RALEIGH, N.C., Nov. 6 /PRNewswire/ -- Hosted Solutions, the East Coast's premier provider of IT infrastructure as a service (IaaS), has received the Triangle Business Journal's Fast 50 Award for the sixth consecutive year, again ranking among the region's fastest growing privately held businesses.

Hosted Solutions ranked sixth on the list, receiving the award during a dinner and ceremony held last night at the Sheraton Imperial Hotel & Convention Center. The Business Journal's Fast 50 Award recognizes the fastest growing privately held companies in the Triangle, based on revenue and profitability growth for the years 2005 through 2008.

The survey, conducted by the Business Journal and PricewaterhouseCoopers, LLP, ranked companies based on their revenues and percentage of growth over the trailing three-year period. "Earning a place on the Fast 50 list is significant in itself," said Rich Lee, Hosted Solutions' Founder and Chief Executive Officer. "To be included six years in a row is even better, certifying our sustained growth. We're proud of our ability to innovate and deliver services that attract a growing range of blue chip customers."

Hosted Solutions' suite of services features its Stratus Trusted Cloud(TM) offering, introduced this summer, which dramatically improves the efficiency and availability of IT resources and applications for small and mid-sized enterprises. Stratus offers a massively scalable, multi-tenant infrastructure that enables customers to access a secure, enterprise-class cloud environment with built-in high availability and automated resource balancing. As a result, businesses can move faster without compromising availability or security and significantly reduce both their capital and operating expenditures, whether Stratus is deployed on an enterprise, private or hybrid cloud basis.

Hosted Solutions also offers a full range of infrastructure services, including collocation, fully-managed servers, dedicated servers, business continuity services, managed storage, enterprise backup, managed firewall, intrusion and vulnerability detection, load balancing, high availability clustering, and comprehensive 24/7 monitoring and management of critical network infrastructures. Hosted Solutions operates five SAS 70, Type II-certified data centers located along the East Coast.

About Hosted Solutions

Based in Raleigh, NC, Hosted Solutions is the East Coast's premier provider of IT infrastructure as a service (IaaS). Its high quality Data Center and Managed Hosting services, including its exclusive Stratus Trusted Cloud(TM) offering, maintain and protect customers' mission-critical 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 SAS 70 Type II Certified facilities in Boston MA, Charlotte NC, Raleigh NC, and Cary NC, providing best-of-breed data center operations with hardened physical infrastructure, the highest level of security, and a complete managed services portfolio. Hosted Solutions is backed by Boston-based private equity firm ABRY Partners. For more information, please visit www.hostedsolutions.com.

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