Property Valuation Specialist, Pro-Teck Services Selects Rackspace for Managed Hosting of Its ProValue Web Application

WALTHAM, Mass., April 24 /PRNewswire/ -- Pro-Teck Services(TM), an industry leader in residential property valuation and risk management, today announced an agreement with Rackspace(R), a leading provider of hosted IT services. Pro-Teck utilizes Rackspace's Intensive(R) Hosting to support the company's ProValue(TM) platform that requires 24x7 availability to service today's rapidly evolving financial markets.

Pro-Teck's ProValue(TM) connects many of the world's largest financial institutions with the real estate data, modeling and expertise they need to effectively manage their real estate collateral. The system requires robust performance to support a large number of simultaneous connections as vendor and client partners throughout the United States process thousands of daily transactions in real time. The platform also provides extensive archiving, retrieval and data stream capabilities critical to its client's business operations.

"We did a lot of due diligence and determined Rackspace could provide us with the highest level of disaster recovery and system redundancy to protect our clients information while providing the scalability and capacity to support our growth," said Luc Levensohn, Vice President Security & Infrastructure, Pro-Teck Services.

"Because Pro-Teck's IT infrastructure was Microsoft-based, they found Rackspace's Windows expertise and Microsoft Gold Certification a true advantage," said Glenn Reinus, senior vice president of worldwide sales, Rackspace. "Intensive Hosting takes a consultative approach with our enterprise customers. Through our dedicated team of experts, we are able to build a deep working relationship, effectively becoming an integral component of customers' IT departments. We work alongside Pro-Teck as an extension of its IT department and work diligently for our customer's success."

Rackspace's Intensive Hosting provides Pro-Teck with a fully-managed hosting solution. With primary and failover server locations, advanced custom monitoring services, managed backup and storage, and Windows 2003 Enterprise database services, Pro-Teck relies on Rackspace's 24/7/365 Fanatical Support(TM) demanded by today's financial markets.

About Pro-Teck

Established in 1977, Pro-Teck Services works with Mortgage Lenders, Mortgage Servicers, Secondary Market Investors, Capital Markets and Property and Casualty Insurers to improve risk management through superior real estate collateral information. Pro-Teck provides a comprehensive suite of services including on-line real estate data, fraud scoring, value modeling, inspections, valuations and appraisals. For more information, please visit www.protk.com, or contact Domenica Puleo, Marketing Manager, dpuleo@protk.com, 800-886-4949 x627.

About Rackspace

A recognized leader in the global IT marketplace, Rackspace(R) delivers a diverse suite of enterprise-class hosted IT services to businesses of all sizes. Customers choose Rackspace for its hosting specialization and expertise, backed by the company's award-winning Fanatical Support(R). By integrating the industry's best technologies and delivering them as services, Rackspace serves as an extension of its customers' IT departments. Because Rackspace removes the burden of infrastructure maintenance and management, customers can focus on their core business. Rackspace's portfolio of companies also includes the Mosso(R) (www.mosso.com) cloud computing platform and Mailtrust(TM) (www.mailtrust.com), a provider of business-class hosted email solutions. Rackspace is recognized as one of FORTUNE Magazine's 100 Best Companies to Work For, ranking number 32 on the 2008 list. For more information on Rackspace, please visit www.rackspace.com, or call 800-961-2888, or visit our blog at www.rackspace.com/blog for further news and opinions.