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Peak 10 Expands Partnership with MSI; Strategic Relationship Enhances Peak 10's Portfolio of Data Protection Services.

Business Editors/High-Tech Writers

CHARLOTTE, N.C.--(BUSINESS WIRE)--March 3, 2004

Peak 10, Inc., the Southeast's leading data center solutions provider, today enhanced its portfolio of data protection services by expanding its two-year relationship with ManagedStorage International (MSI). Through this partnership, Peak 10 provides a more comprehensive online data backup and recovery offering by deploying MSI's RemoteStor Service. The relationship with MSI compliments Peak 10's existing disaster recovery and business continuity solution.

Online data backup and recovery services from Peak 10 offer companies the ability to automatically and continuously perform backup procedures of critical business information and technology infrastructure via a secure Internet connection. The data is stored in a secure facility, where it is available for immediate recovery in the event of system failure, virus, human error or other disaster. Additionally, Peak 10 will be offering the complete suite of GridWorks Services from MSI. GridWorks enables Peak 10's customers to take advantage of the most robust set of data backup monitoring and management capabilities in the industry. These services mitigate risk and reduce cost, as they remove the need to rely on internal staff to perform backup procedures and maintain costly equipment.

"There is real demand for a reliable solution for automated daily backups, secure storage and rapid retrieval of critical business information," said David Jones, president and chief executive officer of Peak 10. "By expanding our partnership with MSI, we are enhancing our current offering to answer this market need. Furthermore we will continue to develop partnerships and provide solutions that create value and show bottom line impact for our growing customer community."

MSI provides complete data management and guaranteed data protection solutions to companies throughout North America, the UK and Tokyo. The company partners with leading service providers like Peak 10 to bring its suite of data protection tools to companies around the globe.

"Customers are rapidly adopting outsourced storage management for backup and recovery services that are essential to disaster recovery and business continuity planning," said Tom Sweeney, president and chief executive officer of MSI. "Our extensive storage background and experience provides us the technology, resources and expertise to enable service providers to offer comprehensive solutions to their end-customers."

About ManagedStorgage International

MSI is a provider of outsourced data protection and storage management services to enterprise and service provider customers in the United States, United Kingdom and Tokyo. MSI uses its proprietary GridWorks management system to deliver guaranteed data management and data protection services across all types of storage systems both on-site and remotely. The company was formed in March 2000 and is privately held. For more information, visit www.MSIservice.com.

About Peak 10, Inc.

Peak 10 is the Southeast's leading data center services provider offering a full range of hosting, storage, security and business continuity solutions. Customers such as Allstate, Jefferson Pilot, Hawaiian Tropic, LendingTree, Siemens and The Outback Bowl rely on Peak 10 to keep business critical applications up and running around-the-clock. The company owns and operates four enterprise-class data centers that deliver a higher standard of infrastructure, security and performance to businesses nationwide. Peak 10 has data centers in Charlotte and Raleigh, N.C., as well as Jacksonville and Tampa, Fla. Additional information about Peak 10 is available at www.Peak10.com.

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