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Press Release
RACKABLE SYSTEMS HONORED AS ONE OF NORTH AMERICA’S
FASTEST GROWING COMPANIES
-- Server and Storage Provider Ranks 12th in Deloitte’s Silicon Valley Fast 50 and 221st in the 2006 Technology Fast 500 Rankings --
Milpitas, Calif., October 26, 2006 –Rackable
Systems, Inc. (Nasdaq: RACK), a leading provider of servers and storage
for large-scale data centers, today announced that the company is ranked
12th on Deloitte's 2006 Silicon Valley Technology Fast 50 and
221st on Deloitte's 2006 Technology Fast 500, which represent
regional and national rankings of the fastest growing technology, media,
telecommunications and life sciences companies.
"We are honored to be recognized as one of the fastest
growing technology companies in Silicon Valley and North America," said
Tom Barton, CEO of Rackable Systems. "Our steady growth is reflective
of the tremendous work and dedication of our employees, as well as
the support of our customers—who have come to expect high performance,
high efficiency servers and storage from Rackable Systems for their
data centers."
Optimized for applications ranging from Web hosting
to High Performance Computing, financial services, oil and gas and
entertainment, Rackable Systems' innovative server and storage
designs, superior cooling technologies and DC power options enable
the company to offer high density deployments while increasing efficiency
and reducing power costs. As data centers continue to focus on decreasing
energy consumption and implementing "green" technology,
Rackable Systems' award-winning
solutions enable customers to meet these challenges, even in the most
complex IT environments.
"Deloitte's Silicon Valley
Technology Fast 50 companies have shown the strength, vision and tenacity
to succeed in today's very competitive
technology environment," said Tony Kern, deputy managing principal of
Deloitte's Technology, Media & Telecommunications industry practice. "We
applaud the successes of Rackable Systems and acknowledge it as one of the
very few to accomplish such a fast growth rate over the past five years."
Fast 500 Selection and Qualifying Criteria
The Fast 500 ranks the fastest growing technology, media, telecommunications
and life sciences companies in North America. It is compiled
from Deloitte's 16 regional North American Fast 50 programs,
nominations submitted directly to the Fast 500, and public company
database research. Companies are selected based on percentage revenue
growth from 2001 to 2005.
Entrants must own proprietary intellectual property or proprietary
technology that contributes to a significant portion of the company's
operating revenues or devote a significant proportion of revenues to
research and development of technology. Using other companies' technology
or intellectual property in a unique way does not qualify. Base-year
operating revenues must be at least $50,000 USD or $75,000 CD, and
current-year operating revenues must be at least $5 million USD or
CD. Companies must be in business a minimum of five years, and
they must be headquartered within North America.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss
Verein, its member firms and their respective subsidiaries and affiliates. As
a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor
any of its member firms has any liability for each other's acts
or omissions. Each of the member firms is a separate and independent
legal entity operating under the names "Deloitte", "Deloitte & Touche", "Deloitte
Touche Tohmatsu" or other related names. Services are provided
by the member firms or their subsidiaries or affiliates and not by
the Deloitte Touche Tohmatsu Verein.
Deloitte & Touche USA LLP is the US member firm of Deloitte Touche
Tohmatsu. In the US, services are provided by the subsidiaries
of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte
Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte
Tax LLP and their subsidiaries), and not by Deloitte & Touche USA
LLP.
About Rackable Systems
Rackable Systems, Inc. (Nasdaq: RACK) is a provider of servers and
storage products for large-scale data center deployments. The company's
products are designed to provide benefits in the areas of density,
thermal efficiency, serviceability, power distribution and remote management.
Founded in 1999 and based in Milpitas, California, Rackable Systems
serves Internet, semiconductor design, enterprise software, federal
government, entertainment, financial services, oil and gas exploration
and biotechnology customers worldwide.
To learn more about Rackable Systems, visit www.rackable.com.
Contact Information:
Rackable Systems is a registered trademark of Rackable
Systems®, Inc. All other trademarks are property of their respective
holders.
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