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SAN ANTONIO -- Nov 17, 2008 -- Rackspace (NYSE:RAX) Hosting?s cloud division Mosso today announced the expansion of its leadership team, naming Emil Sayegh as general manager. Sayegh was previously the vice president of the product group at Rackspace where his responsibilities included the development, marketing and management of new products and services for the company?s managed hosting product line.

Prior to joining Rackspace, Sayegh spent more than 15 years in the IT industry in various product development and marketing roles. Most recently, Sayegh was the services marketing and development director at Dell Inc. where he oversaw the global services roadmap. Additionally, Sayegh served in leadership positions at several notable IT companies including RLX Technologies, Compaq Computers and W.L. Gore and Associates. He holds nine patents in the fields of electronics and telecommunication.

?As the VP of our product group, Emil directed the launches of multiple, successful products including the company?s Hosted Microsoft Exchange and our virtualization product set,? said Lanham Napier, CEO, Rackspace Hosting. ?Our cloud hosting initiatives are extremely important to the company?s future, which is why we?ve selected someone with a winning track record to run that business.?

Rackspace?s cloud hosting division is currently hosting more than 80,000 websites and applications on Cloud Sites, reflecting a 175 percent increase over this time last year. Last month the company unveiled its cloud hosting strategy, including the announcement of two acquisitions and a suite of cloud solutions at the Rackspace Cloud Event. The two newest additions to the product suite, Cloud Files? and Cloud Servers?, will leverage technology acquired through the acquisitions of Slicehost and Jungle Disk.

?I am honored to be joining the cloud division. This is a great opportunity to lead what could be one of the biggest technology evolutions the market has seen ? cloud computing,? said Sayegh. ?Cloud technologies delivered by Rackspace will provide the cost and scalability advantages of the cloud with Rackspace?s world-leading service approach, making the cloud both affordable and easy to use.?

Sayegh holds a bachelor of science in Engineering and a master of science in Technology Commercialization from the University of Texas at Austin.

Mosso is the home of Cloud Sites, Cloud Files and Cloud Servers, providing enterprise-grade hosting and storage services. Mosso provides an easily managed interface so that developers, designers and IT managers can deploy reliable web applications quickly and easily as well as a high performance cloud-based storage service. Founded by two Rackspace employees, Mosso is built upon a cross platform, clustered-computing architecture. For more information, visit www.mosso.com or call 1-877-934-0409.

About Rackspace Hosting

As the world?s leader and specialist in hosting, 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, ranking number 32 on the 2008 list. Rackspace's portfolio of hosted IT services includes managed hosting (www.rackspace.com), email hosting (www.mailtrust.com) and cloud hosting (www.mosso.com). For more information on Rackspace Hosting please visit www.rackspace.com or call 800-961-2888.

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