Rackspace Cloud Load Balancers Brings Ease of Use and Fanatical Support to Load Balancing

Rackspace® Hosting, the world’s leading specialist in the hosting and cloud computing industry, today announced the availability of Rackspace Cloud Load Balancers. Rackspace Cloud Load Balancers provides operational efficiency to customers, is easy to set up and provides seamless integration with Rackspace Cloud Servers™ or Rackspace dedicated servers.

With this offering, businesses of all sizes can now have access to a new cloud-based load balancing solution that gives them the ability to scale mission critical applications or quickly build high availability configurations. The automated component distributes workloads across multiple Rackspace Cloud Servers to minimize response time and avoid server overload. Rackspace customers benefit from being able to intuitively set up a load balancer in minutes while providing application fault-tolerance cost-effectively.

“Load balancing is a fundamental component for companies that host applications in the cloud. Rackspace Cloud Load Balancers provides businesses with a simple, yet feature-rich, tool to scale applications and increase overall reliability,” said Josh Odom, product line leader of platform for the Rackspace Cloud. “We relied heavily on input from our customers in developing an offering that we believe exceeds the capabilities of other load balancing options on the market today.”

Powered by Zeus Technology, Rackspace Cloud Load Balancers is backed by Fanatical Support® and includes such features as:

• Static IP addresses
• Built-in high availability
• Multiple protocols and algorithms
• API & control panel access
• Session persistence

With pay as you go pricing and no upfront fees, Rackspace customers are already realizing the benefits that Rackspace Cloud Load Balancers has to offer.

"Our sites get about a million hits a day, so load balancing is vital to keeping our business up and running,” said Rob Volk, Chief Technology Officer of Live Smart Solutions. “With Rackspace Cloud Load Balancers, we know we have a reliable platform, and it’s a big cost savings, too. The load balancers are definitely handling a lot - we’ve had no problems, and they’re scaling beyond what we can imagine.”

About Rackspace Hosting

Rackspace Hosting is the world's leading specialist in the hosting and cloud computing industry, and the founder of OpenStack, an open source cloud platform. The San Antonio-based company provides Fanatical Support® to its customers, across a portfolio of IT services, including Managed Hosting and Cloud Computing. Rackspace has been recognized by Bloomberg BusinessWeek as a Top 100 Performing Technology Company and was featured on Fortune’s list of 100 Best Companies to Work For. The company was also positioned in the Leaders Quadrant by Gartner Inc. in the “2010 Magic Quadrant for Cloud Infrastructure as a Service and Web Hosting.” For more information, 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 expected development, performance or market acceptance associated with Rackspace services and products, including Rackspace Cloud Load Balancers; anticipated operational and financial benefits from Rackspace services and products, including Rackspace Cloud Load Balancers; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions including the possibility that expected benefits from Rackspace Cloud Load Balancers may not materialize because this product is not generally accepted in the marketplace, which could occur due to certain factors including (i) a failure to market the product cost effectively, differentiate the product from competitive products or communicate differentiations effectively, (ii) the reliability, quality or compatibility associated with the product, (iii) changes in technology which adversely affect the product’s benefit, (iv) slowdowns in the general economy or technology industry that impact consumer spending habits, (v) internal strategy decisions that impact the product, and (vi) other risks that are described in Rackspace Hosting's Form 10-K for the year ended December 31, 2010, filed with the SEC on February 22, 2011. 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.