Hosting News
Hosted Solutions Finishes Strong Year and Expands Management Team Naming Its First Vice President of Marketing
2009-01-17
East Coast's premier data center and managed services provider continues to
grow despite economic downturn
Raleigh, NC - January 16, 2009 - Hosted Solutions, the East Coast's
premier data center and managed services provider, announced today that Noreen
Allen has joined the company as Vice President of Marketing.
Allen joins Hosted Solutions from Motricity, where she spent three years as Vice
President of Marketing. During that time, she built significant brand awareness
for the company and played a key role as the company grew from approximately $35
million to $100 million in annual revenues. Before that, she spent eight years
with SpectraSite Communications, serving as Vice President of Marketing and
leading marketing initiatives from the time of the company's inception until it
was sold in 2005 to American Tower Corp for more than $3 billion.
"This is the perfect time to bring in someone with Noreen's background," said
Rich Lee, Chairman and Chief Executive Officer. We've built a strong, profitable
business organically over the last seven years without a marketing strategist on
our executive team. Noreen led marketing for two very prominent local brands
that were in similar high growth situations. Her experience with marketing,
branding and positioning will be invaluable for us as we take the business to
the next level."
"I'm incredibly excited to join the Hosted Solutions team," Allen commented.
"Rich and his team have built a solid business in a very controlled, strategic
manner. Given the current economic climate, the managed hosting sector is one of
the most attractive areas of business with great potential for continued growth
as things like cloud computing and virtualization move to the forefront. Hosted
Solutions is in a great position in the market and I see tremendous opportunity
to continue to grow the business."
Allen's addition to the team comes on the heels of a record growth year for
Hosted Solutions. In April, the company announced that it was acquired by
Boston-based private equity firm ABRY Partners for $144 million. The company has
had great momentum since then with significant growth in both customers and
employees. New customers included Belk, Atlanta Falcons, UNC Charlotte and
Britax Child Safety, joining a prestigious list of existing blue chip customers
like Krispy Kreme, Carolina Panthers, McClatchey Broadcasting, Capitol
Broadcasting and Lowe's Motor Speedway. In addition, the employee base doubled
since Q4 of 2007.
"We just finished a very strong year," Lee added. "Our business has continued to
flourish even in the midst of a tough economy because we offer solutions that
enable companies to manage through and survive difficult markets. Many
businesses are struggling today, and they're looking for cost savings in their
IT budgets. Our solutions allow our customers to minimize capital expenditures
and control operating expenses, making it much easier for them to focus on the
business and navigate a tough climate."
About Hosted Solutions:
Hosted Solutions' high quality Data Center and Managed Hosting services maintain
and protect customers' mission-critical IT systems and applications, enabling
them to reduce operating costs, lower the risk of downtime, focus on core
competencies, and achieve their top business objectives. The company operates
SAS 70 Type II Certified facilities in Boston MA, Charlotte NC, Raleigh NC, and
Cary NC providing best-of-breed data center operations with hardened physical
infrastructure, the highest level of security, and a complete managed services
portfolio. For more information please visit
www.hostedsolutions.com.
Click here for more information
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