RagingWire Relocation Program Provides Financial Stability, World Class Infrastructure for Displaced Customers

SACRAMENTO, California
June 17, 2003

RagingWire, Inc., a leading provider of custom managed services and world-class information technology (IT) infrastructure solutions, today announced the rollout of its “Lifeline Relocation Program,” a relocation service that provides an efficient, cost-effective transition for displaced companies seeking a financially stable data center provider to host and manage their mission-critical IT systems.

“With several key players exiting the managed hosting business, many companies are looking for a financially sound provider who can deliver the level of availability and security they need to work more efficiently and focus on their core business initiatives,”said Yatish Mishra, president and CTO of RagingWire. “RagingWire’s Lifeline Relocation Program eases the transition process and provides companies with the financial stability and longevity they need to achieve their long-term business outsourcing goals.”

RagingWire’s Lifeline Relocation Program provides a safe harbor for companies in immediate need of highly available and secure managed services and IT infrastructure solutions. The program offers migration assistance, zero-downtime transition, reduced non-recurring costs, and up-front free rent to offset the business impact and expenditures associated with the relocation process.

RagingWire’s strong financial standing provides companies with the stability and protection they require when choosing a managed services provider. The company has a proven track record of delivering fully custom and flexible managed service solutions to Fortune 1000 enterprise clients.

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.