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Peak 10 Positioned in the Niche Quadrant of the Magic Quadrant for Cloud-Enabled Managed Hosting, North America

Evaluation Based on Completeness of Vision and Ability to Execute

CHARLOTTE, NC--(Marketwired - July 23, 2014) - Peak 10, Inc., a national IT infrastructure and cloud services provider, today announced it has been positioned by Gartner, Inc. in the Niche quadrant of the "Cloud-Enabled Managed Hosting Report, North America."i

In the Magic Quadrant for this market sector, Gartner analysts evaluated 17 services providers offering managed hosting in North America, based on the criteria of 'ability to execute' and 'completeness of vision.'

"We believe our positioning in the Niche quadrant by Gartner confirms the strength of our overall business strategy and vision for our growing portfolio of cloud services," said Monty Blight, vice president of product management for Peak 10. "Our product roadmap continues to stay ahead of our customers' needs, with new cloud, self-service tools and automated services on the docket through 2015, arming them with the technical solutions they need to remain competitive."

In this Magic Quadrant, Gartner describes the cloud-enabled managed hosting market as dealing "in standardized, productized hosting offerings that combine a cloud-enabled system infrastructure (CESI) platform -- comprising compute, network and storage hardware -- with cloud management platform software to facilitate self-service and rapid provisioning with managed services."

A full copy of the Gartner Magic Quadrant for Cloud-Enabled Managed Hosting, North America can be accessed here.

Headquartered in Charlotte, N.C., Peak 10 operates 24 data centers in 10 key markets in the U.S., serving customers around the globe. For more information on Peak 10, visit: http://www.peak10.com/

About Peak10

Peak 10 provides reliable, tailored cloud computing, data center and other information technology (IT) infrastructure solutions and managed services, primarily for mid-market businesses. Peak 10 solutions are designed to scale and adapt to customers' changing business needs, enabling them to increase agility, lower costs, improve performance and focus internal IT resources on their core competencies. Peak 10 holds the Cisco® Cloud Provider Certification with a Cisco Powered Cloud Infrastructure as a Service (IaaS) and Disaster Recovery-as-a-Service (DRaaS) designation. Peak 10 undergoes annual examinations by third party auditors and helps companies meet the requirements of various regulatory and industry standards such as SOC 1, SOC 2, SOC 3, Safe Harbor, HIPAA, PCI DSS, FISMA and ITAR. For more information, visit www.peak10.com

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

i Gartner "Cloud-Enabled Managed Hosting Report" by Douglas Toombs, Lydia Leong, Tiny Haynes, Gregor Petri, Bob Gill, July 15, 2014.

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