CHARLOTTE, N.C. -- Data Center Operator and Managed Services Provider Ranks #69 on List; Attributes Employees, Industry Demand for Data Center Solutions and Customer-Focused Approach for Success

Peak 10, the Southeast's leading data center operator and managed services company, today was named to Inc. magazine's annual Inc. 500 ranking of the fastest-growing private companies in the country. Peak 10 ranks number 69 on the list, and was top among companies in North Carolina, with a three year growth rate of 1,085 percent.

Peak 10 attributes its rapid growth and success to its employees' unwavering commitment to providing world class data centers that ensure the availability, security and integrity of its customers' critical data and business applications around the clock. Since 2000, Peak 10 has helped small and medium-size businesses maximize their technology investments and Internet presence through flexible, cost-effective and robust infrastructure management. The company serves a divers portfolio of customers including Ameristeel, Pergo, LendingTree, eTrials, Global Knowledge, MaximumASP, Paramount Parks and the Jacksonville Jaguars.

"We are extremely honored to be among the prestigious companies listed on this year's Inc. 500 list," said David H. Jones, president and chief executive officer for Peak 10. "This is clearly a result of the hard work and commitment of all our employees and a testament to our proven operating philosophy of delivering customer value, placing a high priority on localized customer support and service, growing and developing our employees and strategically expanding our services and markets."

The companies that made this list represent the vanguard of American industry, posting an average three-year sales growth of 769 percent. Inc. 500 companies posted aggregate 2004 revenue of $15.9 billion, and 84 percent of them were profitable. Most importantly, Inc. 500 companies were engines of job growth, having created more than 95,000 jobs since the companies were founded. The Inc. 500 list generated 25,180 new jobs in the past year alone, a stunning 35 percent year-over-year increase. Compare this with the total number of employees among Fortune 500 companies, which declined in 2001, 2002, and 2003 before experiencing a 1.3 percent uptick of 306,045 jobs in 2004.

"When you look at the amazing job growth among Inc. 500 companies and contrast it with the stagnation in the Fortune 500, it underscores the changing nature of our economy," said Jim Melloan, project manager for the Inc. 500. "With unprecedented global competition, companies have to be able to turn on a dime and discover innovative new ways of doing business. Increasingly, it's the smaller, agile companies like those on the Inc. 500 that are best equipped to meet these challenges."

The Inc. 500 ranks privately held companies according to year-over-year sales growth from 2001 to 2004. With approximately 75% of all new job creation in the U.S. coming from entrepreneurial businesses, the Inc. 500 opens a window onto the companies and industries that are driving the economy forward. Over the years, the Inc. 500 has identified the next generation of world-class companies, with Microsoft, Stonyfield Farms, Timberland, Oracle, The Princeton Review, Morningstar, Jamba Juice, Gateway, E*Trade, Intuit, and Domino's Pizza all appearing on the list before they became industry powerhouses.

To be eligible for this year's Inc. 500, companies had to be U.S.-based, independent and privately held through their fiscal year 2004, and have had at least $500,000 in net sales in the base year of 2001. In addition, their 2004 sales had to exceed 2003 sales. Companies are ranked on cumulative three-year sales growth from 2001 to 2004. Inc. verifies all information using tax forms and audited financial statements from certified public accountants and by conducting interviews with company officials.

About Inc.

Inc., the only business magazine dedicated exclusively to owners and managers of fast-growing private companies, delivers real solutions for today's innovative company builders. It provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing and technology. Inc. is the premier publication that focuses on small to medium-size businesses, which are responsible for more than half the nation's gross domestic product and 75 percent of its new jobs. And Inc. looks beyond work to address the entrepreneurial lifestyle. Inc., a Gruner + Jahr USA publication, inspires and informs, with cutting-edge coverage that reflects its readers' energy, brashness, and imagination.

About Peak 10

Peak 10 is the Southeast's leading data center operator and managed services provider, delivering scalable, economical and reliable solutions for hosting and managing complex information technology infrastructure. The company combines its five data centers and portfolio of managed services with localized engineering and support to serve market-leading companies including LendingTree, GunnAllen Financial, Global Knowledge, MaximumASP and the Jacksonville Jaguars. Peak 10 owns and operates world class facilities in Louisville, Ky., Tampa and Jacksonville, Fla. and Raleigh and Charlotte, N.C. For more information on data center solutions from Peak 10, visit www.peak10.com.