Hosted Solutions Named One of the Region's Fastest Growing Companies by the Triangle Business Journal
Fast 50 list based on three years of revenue growth for independent, privately held companies
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David Chapman
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Raleigh, N.C. - November 8, 2004 - Hosted Solutions, the Carolina's premier data center and hosted solutions company, ranked 15th among the fastest growing businesses in the Triangle region according to the 2004 Triangle Business Journal's Fast 50.
The 2004 Triangle Fast 50 list distinguishes companies that have been in operation for at least three full fiscal years and reported revenues of at least $2 million in 2003. It recognizes growing organizations in the private business and technology sectors making an impact on the local community through their expansion.
Rich Lee, chief executive officer of Hosted Solutions, said it is an honor to be included in the list of the region's fastest growing companies in their first year of eligibility, and expects to be a fixture on the list for years to come. “Our success is a direct result of great execution, as we delivered strong growth in revenues, cash flows, and profitability. The 2004 growth rate is exceeding our aggressive expectations, and we are poised to capitalize on growing demand for data center services with our proven service offerings and unparalleled local support.”
Hosted Solutions impressive market share growth over the past 18 months has attracted local and national media attention. The company provides disaster recovery, storage, managed hosting, and regulatory compliance solutions to a client base of more than 300 companies, including the Carolina Panthers, Carolina Hurricanes, Harris Teeter, and the Raleigh News and Observer. The company currently operates three North Carolina based data centers, including locations in Cary, Charlotte and Raleigh.
Hosted Solutions' full suite of services includes Collocation, Fully-Managed Servers, Dedicated Servers, Business Continuity Services, Enterprise Backup, Managed Firewall and Intrusion Detection Security Protection, Load Balancing, High Availability Clustering and Comprehensive 24x7x365 Monitoring and Management of e-commerce infrastructures.
About Hosted Solutions
Hosted Solutions provides complete and customized managed and dedicated web hosting solutions to more than 300 clients. Hosted Solutions offers unmatched technical expertise in best practices and best-of-breed technologies, flexible and scalable packages, and a la carte services. For more information about Hosted Solutions' offerings contact sales@hostedsolutions.com, 704-423-9174 in Charlotte or or visit www.hostedsolutions.com
