Triangle Fast 50

Triangle Fast 50

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

RALEIGH, NC, November 6, 2009 — 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.”