LendingTree Renews Agreement with Peak 10

Business Wire, Nov 1, 2006

CHARLOTTE, N.C -- Peak 10, the leading independent data center operator and managed services company, announced today that LendingTree, LLC has renewed its services agreement with Peak 10. The company will continue to host the LendingTree online lending exchange out of its data center in Charlotte, N.C.

"We recognize the benefits of localized outsourcing of select IT services so that we can focus on our core business," said Michael Brady, chief technology officer for LendingTree. "We are confident in Peak 10's people and infrastructure and, based on years of direct experience working together, we know we're receiving 'best in class' services."

LendingTree is the nation's number one online lending exchange, providing a marketplace that connects consumers with multiple lenders that compete for their business. Since inception, LendingTree has facilitated more than 20 million loan requests and $152 billion in closed loan transactions. LendingTree provides access to mortgages and refinance loans, home equity loans/lines of credit, auto loans, personal loans, and credit cards via www.lendingtree.com and 800-555-TREE.

"We look forward to building on our strong relationship with LendingTree," said Patrick J. O'Brien, vice president and general manager of Peak 10 Charlotte. "It's a North Carolina success story, a market leader, and an organization that truly understands the value that outsourcing data center services can provide. We value their business and look forward to continuing our shared success."

Peak 10 provides data center services that improve reliability, lower costs, and maximize internal resources while keeping an organization's valuable information technology assets close to the business. The company combines its network of world-class data centers and portfolio of managed services with localized engineering and support to serve market-leading companies nationwide. Following its recent acquisition of Nashville-based RenTech, Peak 10 owns and operates eight data centers in six strategic markets.

About Peak 10, Inc.

Peak 10 is the leading independent data center operator and managed services provider in the eastern United States, delivering scalable, economical and reliable solutions for hosting and managing complex information technology infrastructure. The company combines its eight data centers and portfolio of managed services with localized engineering and support to serve market-leading companies including Rivals.com, Global Knowledge, Pergo, Churchill Downs, LendingTree and the Jacksonville Jaguars. Peak 10 owns and operates world class facilities in Nashville, Tenn.; Louisville, Ky.; Tampa and Jacksonville, Fla.; and Raleigh and Charlotte, N.C. The company was recently ranked as one of the fastest growing private companies in America for the second consecutive year by Inc. magazine. For more information on data center solutions from Peak 10, visit www.peak10.com.