Cloud Hosting

LENEXA, KAN., FEBRUARY 29, 2012 Codero Hosting (www.codero.com), a leading provider of dedicated, managed, and cloud hosting services, has named Emil Sayegh as President and CEO. He will also serve on its Board of Directors. Sayegh succeeds Jonathan Ewert, who will remain on the Board.

Codero supports business customers worldwide through a reliable IT Hosting portfolio that spans dedicated, managed, and cloud services. Sayegh will focus his efforts on expanding Coderos portfolio and growing its customer base, leveraging Coderos reliable product set and its consistently high customer satisfaction ratings.

In the next six months, Codero plans to add additional staff to its current headquarters in Lenexa, Kansas and office in Phoenix, Arizona, and open a new office in Austin, Texas where the rapidly growing technology industry offers a highly skilled pool of technology workers and prospective customers.

I am honored to join Codero as the IT industry shifts away from internally run data centers and onto hosted IT infrastructure providers. Coderos reliability, stability, and customer service make it a compelling alternative to other players in the hosting space, said Sayegh. As a specialist in hosting, Codero already offers cost, flexibility, and scalability advantages to a rapidly growing base of business customers. As we further expand our portfolio and offerings in both existing and new markets, Codero is primed to become the trusted source for IT infrastructure hosting solutions for businesses of all sizes.

Sayegh previously led and expanded successful cloud computing and hosting businesses for HP (NYSE: HPQ) and Rackspace Inc. (NYSE: RAX). At HP he was the Vice President of Cloud Services and led the companys entry into the public cloud by leveraging HP technology and OpenStack, the open source cloud computing operating system. Prior to HP, Sayegh was the Vice President and General Manager of the Cloud Computing Division at Rackspace. During his tenure there, he led Rackspaces entry into the emerging public cloud market and rapidly grew the business to more than 100,000 clients. He also spent more than 15 years in the IT industry in successful marketing, product management, and product development leadership roles at Dell Inc., RLX Technologies (acquired by HP), and Compaq (acquired by HP). Sayegh will be based in Coderos new Austin office.

Emil is a high-energy strategic thinker and a goal-focused leader from the heart of the hosting and cloud computing industry. We are very pleased to welcome him to Codero knowing that he will successfully implement strategies to accelerate customer and revenue growth, said Tyler Newton, Chairman of Coderos Board of Directors and partner with growth private equity firm Catalyst Investors, Coderos principal investor. We are also appreciative of his predecessor, Jonathan Ewert, a Catalyst Entrepreneur who came into Codero at a critical time and has positioned the company for success. Catalyst Investors looks forward to other exciting opportunities to work with Jonathan.

Since its launch in 2009, Codero has been recognized with multiple industry awards as the most reliable, trusted dedicated and managed hosting service provider. Codero has also achieved a number of business milestones, including SAS 70 Type II certification, PCI compliance, and Microsoft Gold Certification. Coderos hybrid hosting platform of dedicated, managed, and cloud services serves thousands of business customers worldwide and hundreds of thousands of both simple and complex web sites and applications, including gaming platforms and back office applications.

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Dedicated & Cloud Hosting Provider Codero Names Industry Veteran Emil Sayegh, President & CEO