Rackwise, Inc. (OTC: RACK) (the "Company"), a leading developer of data center infrastructure management ("DCIM") software and service solutions, today announced that the Company has recently signed an agreement with University of Michigan (“University”) to expand implementation of Rackwise DCiM X™ for information technology (“IT”) management throughout datacenters in all University systems, including academic, research and medical. University of Michigan is an acknowledged global leader in higher education, celebrated for the quality of its 19 schools and colleges as well as its internationally recognized faculty, departments and programs serving nearly 45,000 students. Additionally, research is central to the University’s mission, with annual expenditures in excess of $1 billion promoting collaboration and interdisciplinary initiatives among all 19 schools and colleges. The award-winning University of Michigan Health System (“UMHS”) treats millions of patients, conducts hundreds of research projects and educates thousands of prospective medical professionals every year. The University spearheads a variety of special initiatives and outreach activities addressing key focus areas promoting academic excellence, leading meaningful change and addressing complex global issues. A Rackwise customer since 2009, University of Michigan has expanded deployment of the Rackwise DCiM X solution in stages, most recently integrating the UMHS data centers in 2012. As a consequence of the positive results from Rackwise DCiM X deployments to date, the University’s current expansion contemplates more broadly utilizing the DCiM X suite of extensive features and functionalities to include data centers, network closets, and other non-data center IT assets (workstations, cubicles, etc.) throughout all the University systems with the objective of improving overall IT operational efficiencies. This centralized approach will enable enhanced visibility, assessment, and management of IT-related assets as well as data center environmental information via a “single pane of glass” thereby improving IT management productivity, including, among other things, more meaningful capacity modeling through integration of asset and operational data throughout the IT landscape. Mr. Guy A. Archbold, Rackwise, Inc. Chief Executive Officer, commented, “The University of Michigan is one of our nation’s most esteemed higher education systems, internationally recognized for its undergraduate, graduate, and research excellence. Complex computing ecosystems and IT infrastructures are required to support its extensive academic and research disciplines and we are pleased and proud that the University continues to incorporate our Rackwise offerings as integral components of its current and prospective DCIM strategies. This latest expanded implementation at the University of Michigan in combination with our deployments at other leading universities and national laboratories across the country demonstrates our DCIM leadership in the education and research sectors, both vital to our nation’s current and future success. In these critical arenas, advanced DCIM capabilities are essential so that data center managers and IT professionals can effectively plan and manage data centers and computing ecosystems to assure the highest levels of reliability, discover hidden capacity, and enable efficiencies to continually optimize IT operations and costs.” About Rackwise, Inc. Rackwise, Inc. (OTC: RACK) is a leader in software development and marketing within the growing data center infrastructure management (“DCIM”) market for IT infrastructure tracking, monitoring, modeling, and management. The Company’s flagship product, Rackwise DCiM X, incorporates open architecture designs into a vendor agnostic platform affording IT professionals maximum flexibility for efficient integration in any computing environment. The Rackwise DCiM X offering provides features and functionalities to assure reliability, identify hidden capacity, and improve efficiencies resulting in accelerated returns on investments through significantly optimized data center facilities and IT infrastructures. Rackwise DCiM X integrates device level, real-time monitoring with advanced modeling, reporting, analytics and other critical capabilities, enabling clients to more effectively manage today’s high density computing configurations and virtualized data centers, mitigate risks associated with cascading faults and other potential inefficiencies within the infrastructure, and facilitate progress to more sustainable “green” data centers. Rackwise ® products and services are used by over 150 companies worldwide. For more information, visit www.rackwise.com. Rackwise ®, DCiM™ and DCiM X™ are trademarks of Rackwise, Inc. Any other brand or product referenced herein is acknowledged to be a trademark or registered trademark of its respective holder . Safe Harbor Statement Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties. The factors that could cause actual future results to differ materially from current expectations include, but are not limited to, risks and uncertainties relating to the availability of additional funding; and the Company’s business, product development, marketing and distribution plans and strategies. These and other factors are identified and described in more detail in the Company’s filings with the SEC, including, the Company’s current reports on Form 8-K. The Company does not undertake to update these forward-looking statements.