Hosted Solutions Named Finalist for 2007 NCTA 21 Awards

Data Center and Managed Services Provider Vies for Top Growth Company of the Year

CHARLOTTE and RALEIGH, N.C. (October 24, 2007) – Hosted Solutions, the East Coast's premier data center and managed services provider, has been named a finalist in the Top Growth Company of the Year category for the 2007 NCTA 21 Awards. Winners will be recognized at the annual awards gala on Thursday, November 15 at the Embassy Suites Hotel in Cary, N.C., presented in conjunction with title sponsor Grant Thornton. The theme for this year's event is “A Blockbuster Year” and will be attended by more than 400 executives and leaders from across the state.

Hosted Solutions attributes its rapid growth and success to its employees' concerted effort over the period to fuel the company's monumental growth with dedication and focus to providing secure enterprise hosting and on-demand IT services that ensure the availability, security, and integrity of its customers' critical data and business applications. The company's distributed, high-availability data center network gives companies the ability to scale their enterprises through selective sourcing of IT infrastructure and managed services. In providing SAS 70 type II certified world class data center facilities and a complete portfolio of managed IT services, companies can refocus internal resources on critical business issues making Hosted Solutions a true partner within the overall corporate community.

“Hosted Solutions is proud to be a finalist for Top Growth Company of the Year Award at this year’s NCTA 21 Awards gala,” said Rich Lee, Founder & CEO of Hosted Solutions. "Hosted Solutions employees have made a collaborative effort over the past year to fuel the company's tremendous growth with dedication and focus. It is extremely exciting for us to see Hosted Solutions rewarded with such a prestigious honor. I firmly believe that great accomplishments stem from great effort, and being nominated for the “Top Growth Company of the Year” is testimony to the collective contribution of all our employees who have worked vigorously to deliver superior customer service and technical expertise for the solutions we provide our clients."

The NCTA 21 Awards are recognized as North Carolina’s largest and most prestigious awards devoted to promoting and celebrating innovation and high-tech excellence in North Carolina. This annual showcase honors 21 companies and individuals who represent the best and brightest in technology and business and have demonstrated outstanding leadership and innovation. The awards are grouped in five categories: Technology Industry Awards, Stage of Development Awards, Functional Awards, Leadership Awards and Excellence Awards. Each year, NCTA also presents an Outstanding Achievement Award to an individual who has demonstrated a career-long commitment to the advancement of the technology industry in North Carolina.

“The NCTA 21 Awards recognizes companies and individuals in North Carolina for their diligence and innovation in implementing successful business plans, excelling in the marketplace and their contributions to the community,” says Bob Hawkins, 2007 Chairman of the NCTA Board of Directors. “We look forward to this event every year so we can celebrate not only the finalists but all the companies and individuals who actively promote the growth of knowledge-based jobs in North Carolina.”

About NCTA
The North Carolina Technology Association (NCTA) is a not-for-profit membership-driven trade organization and the primary voice of the information technology industry in North Carolina. NCTA is the intersection of leadership and technology, fueling the growth of North Carolina through Executive Engagement, Public Affairs, and a Knowledge Workforce.
For more information, visit http://www.nc-tech.org.

About Hosted Solutions
Hosted Solutions delivers enterprise class managed hosting and data center services to organizations with the need for highly available applications and infrastructure. Hosted Solutions robust line of managed services ensure industry leading network, infrastructure, and hardware uptimes enabling customers to reduce operating costs, focus on their core competencies, and achieve their top business objectives. The company operates four SAS 70 Type II certified Data Centers in Boston MA, Charlotte NC, Raleigh NC, and Cary NC providing world class data center operations with hardened physical infrastructure, security, and a complete managed services portfolio.

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Contact:
Hosted Solutions
Matt Barker, Director of Marketing
919.882.3029

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