For Immediate Release

RippleImpact Forms Partnership with Rackspace

November 26, 2001, Redondo Beach, CA - RippleImpact is proud to announce it's recent affiliation with Rackspace Managed Hosting.

Rackspace Managed Hosting was founded in 1999 and is one of the largest managed hosting companies in the world. It's reputation as the premier provider of managed hosting solutions is bolstered by their world-class data facilities, multi-homed network and fanatical customer service. Rackspace is home to companies' websites from the Fortune 1000, such as Canon, Accenture and AMD, to up-and-coming companies, such as Health.com.

"As an incubator, we need to know who the reliable managed hosting companies are out there and Rackspace is one of the companies that provides top of the line services." states Jenny M. Sakhrani, CFO of RippleImpact. "We know with Rackspace's services, their focus, experience, speed, scalability and most importantly, their customer support, we can confidently refer their services to our incubates and portfolio companies and clients."

For media information, contact:
Brenda Harris
RippleImpact
Telephone: (310) 316-3100
Fax: (310) 316-9500
media@rippleimpact.com
http://www.rippleimpact.com

RippleImpact is a software development division focusing on custom object oriented applications and enterprise internet software solutions. It is a division of Philosopher's Stone Ventures, a high technology incubator based in Southern California.