November 14, 2007 – (HOSTSEARCH.COM) – Managed hosting provider Hosted Solutions (http://www.hostedsolutions.com/) is in the Triangle Business Journal's (http://triangle.bizjournals.com/) Annual Fast 50, it was announced yesterday. The award recognizes the North Carolina-based US managed hosting and data center services provider as “one of the fastest growing private companies in the Triangle”. The award was announced at a ceremony on November 2, 2007. To be considered for the Fast 50, companies are required to have had at least $3 million in revenue in 2006.
"We are extremely honored to be given this award for the fourth consecutive year," explained Hosted Solutions’ CEO, Mr. Rich Lee. "Our continued success is attributed to smart growth and our company philosophy of providing our clients with the best managed hosting experience one local market at a time."
The company, which offers “mission critical I.T. systems and applications” and runs four SAS 70 Type II certified data centers in the US, was chosen for the award by PricewaterhouseCoopers LLP who “evaluated locally headquartered private companies based on a formula taking into account both dollar growth and percentage rate of growth over a three-year period”.
"Each of the Fast 50 companies has contributed a great deal to the Triangle community," explained Charlene Grunwaldt, Triangle Business Journal publisher. "They are dynamic businesses representing diverse industries. The stories of their successes are very compelling."
