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Richard Scannell Joins Rackwise, Inc. Industry Advisory Board

Rackwise, Inc. (OTCBB:RACK.OB) (the “Company”) announced today that Richard Scannell will join Stephen O’Donnell and Steve Biondi to serve on the Company’s recently formed Rackwise, Inc. Industry Advisory Board (the “Advisory Board”), a distinctive group of industry thought leaders and visionaries that will provide strategic guidance to the Company.

Mr. Scannell brings to the Advisory Board more than 20 years of senior management experience in the technology sector with a reputation for successfully executing innovative sales, marketing and operational support strategies in multinational enterprises. He is co-founder of GlassHouse Technologies, a leading global provider of data center infrastructure consulting and managed services, and currently serves as the company’s Senior Vice President of Corporate Strategy and Sales responsible for GlassHouse's global market strategy and North American Sales. Prior to GlassHouse, Mr. Scannell served as Chief Operating Officer of UpSource, Inc. a start-up company providing outsourced customer relationship management services. Previous to UpSource, Mr. Scannell held a range of leadership and management roles principally within the information technologies business groups during his career of more than 12 years at Fortune 500 US-based Motorola, Inc., including heading the information technology group supporting Motorola business units responsible for a $10 billion market segment.

Commenting on his appointment to the Rackwise, Inc. Industry Advisory Board, Mr. Scannell said, “Defining and executing effective data center management strategies is critical to optimizing operational efficiencies and utilization of all assets across the global information technology infrastructure. Confronted with escalating complexities inherent with a myriad of diverse issues including cloud, virtualization, storage, backup, security and next generation data centers, IT professionals continually seek to enable powerful, state-of-the-art tools for real-time data management to optimize both operational efficiencies as well as economic benefits while incorporating fundamental risk mitigation and service improvement metrics. The current and contemplated Rackwise® suite of products and service offerings are favorably positioning the Company within the data center infrastructure management market and I look forward to positively contributing to their strategic efforts in this advisory role.”

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