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whcdavid
02-08-2006, 02:12 PM
Experience to Fast-growing Hosting Company

SAN ANTONIO – January 31, 2006 – Rackspace Managed Hosting today announced it has expanded its leadership team naming Alan Schoenbaum as general counsel. Schoenbaum has more than 20 years of experience in corporate and securities law representing growth companies. He will serve as a collaborative partner on the executive team to lead all of the company’s legal functions.

“We have found a knowledgeable and respected General Counsel that will lead us into the next phase of our company’s growth,” said Lanham Napier, president, Rackspace Managed Hosting. “Alan’s experience with corporate and securities law among public, private and fast-growth companies will be a major asset to Rackspace as we continue to address the growing number of industry compliances and regulations as well as maximize value among our ongoing business transactions.”

Prior to Rackspace, Schoenbaum served as a partner in the San Antonio office of Akin Gump Strauss Hauer & Feld LLP where he was named to the 2005-2006 edition of The Best Lawyers in America, the definitive guide to legal excellence in the United States. His 21-year practice at this leading international law firm primarily focused on mergers and acquisitions, public and private securities offerings, and private equity and venture capital transactions.

“Rackspace presented me with a unique opportunity to be a part of a fast-growing company that is a force in its industry,” said Schoenbaum. “Rackspace is made up of very talented, accomplished men and women that are building one of the world’s greatest service companies, and my experience with emerging companies will help us manage our growth and guide us along that path.”


Thank You
David.K