RagingWire AchievesRecord Growth of 475% in 2002

SACRAMENTO, California
March 10, 2003

RagingWire Enterprise Solutions,Inc., a leading provider of custom managed services and world-class information technology (IT) infrastructure solutions, today announced that revenues for 2002 increased by 475 percent. The Sacramento-based company added more than $20 million to its overall revenue stream. Similarly, RagingWire also reported an annual increase of 500 percent to its client base, which consists primarily of Fortune 1000 companies.

“We are very encouraged by the success we’ve had bringing in new clients and expanding services with our existing clients,” said George Macricostas, CEO of RagingWire. “RagingWire’s tremendous growth over the past year is attributed to our commitment of providing highly customized solutions and superior customer service that allows our clients to reduce costs and improve their overall business efficiency in both good and uncertain economies.”

RagingWire’s ability to deliver quality customer service has played a key role in growing revenue with its clients. To date, 100 percent of RagingWire’s clients have expanded services nine months after service commencement.

“Providing excellent customer service is RagingWire’s top priority,” said Macricostas. “The way we treat our clients before and after a contract is signed sets the tone for our entire business relationship. Superior customer service builds trust and integrity with our clients and is a critical component to the overall growth of RagingWire, as well as our clients’ businesses.”

About RagingWire
RagingWire Enterprise Solutions (RES) provides highly custom and flexible IT solutions that accommodate the business needs of large, data-intensive enterprise companies. RES operates a reliable and secure Enterprise Data CenterSM facility engineered to provide "five nines" (99.999%) availability and highly scalable power and cooling in conjunction with managed IT solutions that maintain Fortune 1000 and Fortune 500 companies mission-critical back-office IT systems. RES enables its clients to reduce their operating costs, speed time to market, and focus on their core competencies. For more information about RES, access www.ragingwire.com.