Pringo and Rackspace Announce Solution Partner Agreement, Co-Marketing Activities

Pringo Networks today announced it has entered into a Select Partnership agreement with Rackspace®, a leading global provider of hosted IT services, designed to add mutual value for their current clients and to increase targeted exposure and reputation for both companies.

"As the leader in empowering online communities, Pringo is pleased to partner with a best-of-breed company such as Rackspace," said Majid Abai, CEO of Pringo Networks. "Rackspace provides our customers with a solid and reliable infrastructure on which to grow their business. Their unparalleled managed hosting expertise backed by Fanatical Support® provides our clients the best solution to succeed, ultimately increasing our customer loyalty and profit margin through a mutually beneficial partnership."

Pringo provides feature-rich platforms for enterprises looking to build or enhance their online communities. It aids in increasing site stickiness, growing site user bases and strengthening loyalty.

"As a provider of online community platforms, Pringo and its customers need a reliable infrastructure to help ensure 24x7 access worldwide and we are pleased Pringo has chosen us to partner with us and provide them with Fanatical Support," said Scott White, director of channel sales, Rackspace. "We also look for synergistic relationships with companies like Pringo that we believe enable us to add greater value to our customer base while offering award-winning products, services and additional levels of sales and marketing support to our partners."

Under the terms of the Select Partnership Agreement, Pringo will have access to a Rackspace portal for its network partners and Rackspace marketing materials.

About Pringo

Pringo is the leading provider of white-label online community platforms. Its products help organizations in any industry build integrated online communities, boosting Web site stickiness, increasing customer and brand loyalty, ultimately driving sales and growing revenues. The Pringo solution is an essential component of any organization's sales, marketing and internal and external communications strategies. Pringo is privately funded and is based in Los Angeles, CA. For more information, please visit pringo.com.

About Rackspace

A recognized leader in the global IT marketplace, Rackspace® 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®. 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® ( www.mosso.com ) cloud computing platform and Mailtrust ( 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.

Contacts: Amy White / Andy Oliver LEWIS PR for Pringo 310 407 5186 Email Contact