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Rackspace Ranked In Sunday Times ‘Best Companies To Work For List’ For Ninth Consecutive Year

Rackspace Hosting (NYSE: RAX), the open cloud company, has been ranked at number 26 in the Sunday Times Best Companies awards ceremony held last week in central London. Now featured in the newspaper’s best-of list for nine consecutive years, the Sunday Times recognised Rackspace for its attitude towards Racker training and personal development.

“Building a winning team is part of the DNA of our business because we know that building a fun and creative environment is what makes Rackspace and its ‘Rackers’ so special,” said Jeff Cotten, Managing Director, International, Rackspace. “We are proud to see Rackspace win in the Sunday Times Best Companies list for the ninth year in a row as we firmly believe that Racker engagement is the secret to delivering compelling outcomes to our customers.”

The Sunday Times Top 100 Best Companies to Work For supplement reports that 82% of Rackspace employees love their jobs. Much of this contentment comes down to aspects such as competitively high salaries, opportunities for personal career development and free gym membership.

Rackspace gives every employee known as ‘Rackers’ a very ‘personalised’ workspace and a total of 80% of Rackspace employees say that their bosses always express their feelings when a good job is done. Equally, a total of 82% of staff say they feel comfortable telling their boss when things are going badly. Managers sit in open plan offices alongside employees and new starters are met at the door on their first day. The company continues to grow year-on-year through positive programmes such as the “Building Winning Teams” initiative, which is designed to encourage positive development in the workplace.

The Texas-founded company has offices around the globe, and keeps the same cultural energy flowing through every location. This proves that if anyone is making the cloud enjoyable, it’s Rackspace.

About Rackspace

Rackspace® (NYSE: RAX) is the global leader in hybrid cloud and founder of OpenStack®, the open-source operating system for the cloud. Hundreds of thousands of customers look to Rackspace to deliver the best-fit infrastructure for their IT needs, leveraging a product portfolio that allows workloads to run where they perform best—whether on the public cloud, private cloud, dedicated servers, or a combination of platforms. The company’s award-winning Fanatical Support® helps customers successfully architect, deploy and run their most critical applications. Headquartered in San Antonio, TX, Rackspace operates data centres on four continents. Rackspace is featured on Fortune’s list of 100 Best Companies to Work For and placed 26th in ‘The Sunday Times Best Companies To Work For’ listing. 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, 2013, filed with the SEC on March 3, 2014. 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.

* Forrester Research, Inc., “Commerce and Content: The Perfect Couple or a Tumultuous Affair?” November 2013

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