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Old 03-15-2005, 12:03 AM
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Default Rackspace Managed Hosting Completes SAS 70 Certification

Rackspace Completes Sarbanes-Oxley Requirements for Enterprise Customers

SAN ANTONIO — Feb. 28, 2005 — Rackspace Managed Hosting today announced that it has successfully completed an examination in conformity with the Statement on Auditing Standards No. 70 (SAS 70), Type II report that was performed by independent auditor, Ernst & Young LLP.

SAS 70 is an internationally recognized auditing standard developed by the American Institute of Certified Public Accountants. A SAS 70 examination evaluates a service organization’s controls as they relate to an audit of the financial statements of its customers and is often required by public companies and their auditors. Rackspace’s SAS 70 certification enables the company to further its expansion in the enterprise market by delivering certification of the controls needed for Sarbanes-Oxley compliance.

Rackspace’s processes, procedures and controls have been formally reviewed, evaluated and meet SAS 70 standards. The audit evaluated Rackspace’s controls related to service delivery and operations, infrastructure maintenance, customer implementation, change management, backup of programs and data files and logical and physical data center access.

“Our SAS 70 certification is the next level of Rackspace’s Fanatical Support™ delivery and illustrates our commitment to the specific needs of enterprise customers,” said John Engates, chief technology officer, Rackspace Managed Hosting. “Rackspace customers can be confident that our managed hosting services are consistent, safe and reliable and that they are compliant with emerging regulatory mandates.”

About Rackspace Managed Hosting
Rackspace Managed Hosting™ is the fastest-growing managed hosting provider for customers of all sizes - from start-ups to enterprise customers. Founded in 1998, Rackspace has built a world-class service organization based on its philosophy of Fanatical Support™. The company offers a wide range of managed services for enterprise hosting platforms and currently hosts 15 percent of the Fortune 100 Companies. For more information, visit www.rackspace.com, or call 800-961-2888.
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