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Rackspace Appoints Rick Jackson as Chief Marketing Officer

Rackspace® Hosting (NYSE: RAX), the open cloud company, today announced that IT industry veteran Rick Jackson has joined the company as Chief Marketing Officer (CMO). Jackson will lead Rackspace’s global marketing strategy and execution as the company works to strengthen its leadership position around hybrid cloud.

Jackson officially joined Rackspace on July 1 and today brings with him over 25 years of IT industry experience. Most recently, Jackson served as CMO at VMware, where he was responsible for leading the company’s global marketing strategy since early 2009.

Prior to joining VMware, Jackson has held chief marketing roles at Borland Software and San Jose-based BEA Systems. Jackson brings a valuable combination of SMB and enterprise marketing skills to Rackspace including his extensive knowledge of cloud computing, infrastructure software, application middleware and developer frameworks.

As an early advocate of hybrid cloud computing, Jackson shares Rackspace’s enthusiasm for open source-based cloud technologies and customer choice.

“It’s becoming increasingly clear that a hybrid cloud approach will lead architectural plans for the future of IT. While so many companies are offering up a one-size-fits-all approach, Rackspace is uniquely positioned to offer customers specific solutions that optimize their business objectives,” said Jackson. “It’s a great honor to join a company so focused on its customers’ successes, combining technology leadership with Fanatical Support.”

“We are thrilled to have Rick Jackson join the leadership team at Rackspace, given his background in cloud computing and personal understanding of the incredible potential of hybrid cloud,” said Rackspace President Lew Moorman. “As we continue to leverage our heritage in OpenStack and capitalize upon our strong leadership position within the hybrid cloud marketplace, it is crucial that we continue to build our brand and reputation worldwide at a faster rate than ever. So we’re thrilled to have such a highly experienced and talented visionary on board to lead our global marketing efforts.”

About Rackspace Hosting

Rackspace® (NYSE: RAX) is the open cloud company and founder of OpenStack, the standard open-source operating system for cloud computing. Headquartered in San Antonio, Rackspace delivers its renowned Fanatical Support® to more than 200,000 business customers, from data centers on four continents. Rackspace is a leading provider of hybrid clouds, which enable businesses to run their workloads where they run most effectively — whether on the public cloud, a private cloud, dedicated servers, or a combination of these platforms. Rackspace has been recognized by Bloomberg BusinessWeek as a Top 100 Performing Technology Company, and is featured on Fortune’s list of 100 Best Companies to Work For. 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 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 anticipated operational and financial benefits from Rackspace strategies related to additions or changes in leadership, the success of leadership transition, company growth or success of new operational initiatives, any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the integration and effectiveness of new leadership into the Rackspace culture and business operations, instability or downturns in the economy, the effectiveness of managing company growth, infrastructure failures and other risks that are described in Rackspace Hosting's Form 10-Q for the quarter ended March 31, 2013, filed with the SEC on May 9, 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.

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