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Rackspace Placed 7th In Sunday Times Best Companies To Work For List



  Rackspace Placed 7th In Sunday Times Best Companies To Work For List

 Quality of life and employee benefits shine through in award for open cloud
                                    leader

Business Wire

LONDON -- March 5, 2013

Rackspace® Hosting (NYSE: RAX), the open cloud company, has been ranked in
seventh place at the Sunday Times Best Companies awards ceremony held last
week in central London. Featuring in the newspaper’s best-of list for eight
consecutive years, Rackspace was praised for its positive, dynamic work
culture and outstanding employee benefits.

“Placing seventh in the much-admired Sunday Times Best Companies list is one
of my proudest moments as a ‘Racker’ and I will remember it forever,” says
Taylor Rhodes, Senior Vice President, International, Rackspace. “It’s
recognition of the massive work our team has done to ensure that we keep our
Fanatical Support promise and culture at the heart of who we are.”

According to the Sunday Times Best Companies supplement, employees say they
love working for Rackspace giving the company a score of 86% for this factor,
a result bettered by just one other organisation. In addition, Rackers are
excited about where the business is going (86%, placing Rackspace seventh).
The company has also put more effort into its programme of reward and
recognition where award winners are rewarded with a weekend away to
destinations including Iceland, Rome and Nice. A monthly “fun budget” of £25
per employee also helps spread the love.

Fabio Torlini, Vice President of Marketing, Rackspace, is the firm’s longest
serving UK employee. He enthuses that Rackers are able to relax and be
themselves at work. “The design of our UK office supports an informal
atmosphere, which fosters team spirit,” says Torlini. “It comes complete with
Nerf guns (a toy with foam bullets), a games area, and a mock-up of 10 Downing
Street that serves as the boardroom. When the teams are hungry, they can head
to the Hard Rack Café – a.k.a. the canteen.”

One of the key factors behind the success of Rackspace’s business model is a
progressive approach to training and development. In the past year, Rackspace
has tripled its training budget, spending an average of £962 on each staff
member. Rackers agree that their jobs are good for personal growth at 84%, a
figure bettered by only three other companies in the Sunday Times list.

Rackspace encourages employees to make a positive contribution to society,
outside of work. This is reflected in its impressive 80% score in the ‘Giving
Something Back’ measure, a grade used by the Best Companies judges to gauge
how much a company puts its words into action. Rackers were already allowed
100 hours a year to volunteer for a good cause of their choice, with the ‘Rack
Gives Back’ scheme taking things a step further, allowing them to organise
fundraising activities and support a charity of the year – in 2012 it was the
Children’s Liver Disease Foundation. Rackers also take part in ‘Movember,’ and
vote on who has grown the best moustache, and volunteer at a local hospice and
collect supplies for the homeless at Christmas.

About Rackspace

Rackspace® Hosting (NYSE: RAX) is the open cloud company, delivering open
technologies and powering more than 205,000 customers worldwide. Rackspace
provides its renowned Fanatical Support® across a broad portfolio of IT
products, including Public Cloud, Private Cloud, Hybrid Hosting and Dedicated
Hosting. Rackspace has been recognized by Bloomberg BusinessWeek as a Top 100
Performing Technology Company, is featured on Fortune’s list of 100 Best
Companies to Work For and is included on the Dow Jones Sustainability Index.
Rackspace was positioned in the Leaders Quadrant by Gartner Inc. in the “2011
Magic Quadrant for Managed Hosting.” Rackspace is headquartered in San Antonio
with offices and data centers around the world. For more information,
visit www.rackspace.co.uk.

Forward Looking Statements

This press release contains forward-looking statements that involve risks,
uncertainties and assumptions. If such risks or uncertainties materialise 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 about historical results or third party data that may suggest
trends for our business or industry; any statements of the plans, strategies,
and objectives of Rackspace for future operations or growth; any statements of
expectation or belief regarding future events, and any statements of
assumptions underlying any of the items mentioned. Risks, uncertainties and
assumptions include the possibility that expected growth or success may not
materialize because of Rackspace's failure to sustain a culture that inspires
employees to provide Fanatical Support, failure to execute on its operational
plans, rapid technological changes that adversely affect the demand for
Rackspace products and services, shifts in customer demand, customers' and
potential customers' acceptance of Rackspace products and services, and other
risks that are described in Rackspace Hosting's Form 10-K for the year ended
December 31, 2012, filed with the SEC on March 1, 2013. 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.

Contact:

3 Monkeys for Rackspace
Zuzana Bielikova
02070093152
zuzkana.bielikova@3-monkeys.co.uk
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