IDG’s Computerworld Names Rackspace Hosting to Annual List of Best Places to Work in Information Technology

Rackspace® Hosting (NYSE: RAX), the world’s leader in hosting, announced that IDG’s Computerworld, the “Voice of IT Management,” has selected it as one of the top workplaces for information technology (IT) professionals. This honor is part of the weekly IT publication’s 16th annual Best Places to Work in IT survey, which was published in the June 15 issue of Computerworld and online at Computerworld.com.

Since 1994, Computerworld’s annual “Best Places to Work in IT” feature has ranked the top 100 work environments for technology professionals, based on a comprehensive questionnaire regarding company offerings in categories such as benefits, diversity, career development, training and retention. This year Computerworld surveyed more than 27,000 IT workers for the list, and their responses factored heavily in determining the rankings.

“Fanatical Support has been a cornerstone of Rackspace since the beginning, both internally and externally. Growth opportunities and an extensive open door policy are just a few of the diverse ways that Rackspace ensures its employees have a rewarding workplace,” said Rackspace President and CEO Lanham Napier. “Racker pride and satisfaction has a direct impact on excellent customer service.”

Rackspace’s dedication to being one of the best places to work — in IT and across the company — has been a focus since the company’s founding that has only grown over the years. Through Quarterly Open Book and Town Hall meetings to an extensive open door policy where even top executives work from cubicles, Rackspace provides an open and communicative environment that empowers employees, who are known as Rackers. Rackspace conducts regular “engagement” employee surveys to gauge satisfaction levels and gather Racker opinions on subjects such as whether or not they have the ability to do what they are best at every day.

“To be among the Best Places to Work in IT, it’s not enough just to seek out and hire the most talented IT people, offer them competitive pay and provide great benefits,” said Scot Finnie, editor in chief of Computerworld. “The organizations that made this year’s Best Places to Work list sustain a dynamic work environment in which IT professionals keep their hands on the latest technologies and work on projects that are business critical. In the months and years ahead, IT is going to become a key accelerator of business growth.”

About Computerworld

Computerworld’s award-winning Web site (Computerworld.com), weekly publication, and focused conference series form the hub of the world’s largest global IT media network. In the past five years alone, Computerworld has won more than 100 awards including the Magazine of the Year Award from the American Society of Business Publication Editors (ASBPE) in both 2004 and 2006, and the American Business Media’s Neal Award for Best Web Site, Best Blogs and Best Article or Series in 2008. Computerworld leads the industry with an online audience of over 2.5 million unique monthly visitors and a print audience of more than 1 million readers each week (IntelliQuest CIMS, Fall 2008). Computerworld also reaches over 10,000 IT executives every year through its high-touch conferences and custom summits.

About International Data Group (IDG)

International Data Group (IDG) is the world’s leading technology media, events, and research company. IDG’s online network includes more than 450 web sites spanning business technology, consumer technology, digital entertainment and video games worldwide. IDG also publishes more than 300 magazines and newspapers. Media brands are in more than 90 countries and include CIO, CSO, Computerworld, GamePro, InfoWorld/TechWorld/TecChannel, Macworld, Network World and PC World. The company’s lead-generation service, IDG Connect, matches technology companies with an audience of engaged, high-quality IT professionals, influencers, and decision makers.

IDG is a leading producer of more than 750 technology-related events including Macworld Conference & Expo, OpenSource World, E3, DEMO, Storage Networking World, and IDC Directions. IDC, a subsidiary of IDG, is the premier global provider of market intelligence, advisory services and events. Over 1,000 IDC analysts in more than 100 countries provide global, regional and local expertise on technology and industry opportunities and trends.

Additional information about IDG, a privately held company, is available at http://www.idg.com.

Note: All product and company names are trademarks of their respective organizations.

About Rackspace Hosting

As the leader and specialist in hosting services, Rackspace® Hosting is changing the way businesses worldwide buy IT. Rackspace delivers computing-as-a-service, integrating the industry’s best technologies into a flexible service offering, making computing more reliable and affordable. A trusted partner to companies of all sizes, Rackspace enables IT departments to be more effective. Rackspace is distinguished by its award-winning Fanatical Support®, furthering the company’s mission to be one of the world’s greatest service companies. Rackspace is recognized as one of FORTUNE Magazine’s 100 Best companies to work for in the US, ranking number 43 on the list. Rackspace’s portfolio of hosted IT services includes managed hosting (www.rackspace.com), email hosting (www.rackspace.com/email_hosting) and cloud hosting (www.rackspacecloud.com). For more information on Rackspace Hosting please visit www.rackspace.com.

Forward-Looking Statements

This press release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of Rackspace Hosting could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any statements concerning anticipated operational and financial benefits from Rackspace strategies, including employee retention or cultural strategies, any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the continuation of the current difficult economic conditions or further fluctuations, disruptions, instability or downturns in the economy, the effectiveness of managing company growth, infrastructure failures, technological and competitive factors, regulatory factors, and other risks that are described in our Form 10-Q for the quarter ended March 31, 2008, which was filed with the SEC on May 12, 2009. Except as required by law, Rackspace Hosting assumes no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Contacts

Rackspace
Rachel Ferry, 210-312-3732
Rachel.Ferry {at} rackspace(.)com
or
Porter Novelli for Rackspace
Lauren Sell, 281-501-2698
Lauren.Sell {at} PorterNovelli(.)com