DebtX Selects Intensive Hosting for Management of Online Mortgage Auction Site
Rackspace Division Provides Solid Foundation for Complex Web Sites
Jul 29, 2002, 01:00 ET from Intensive Hosting
SAN ANTONIO, July 29 /PRNewswire/ -- Intensive Hosting today announced
that The Debt Exchange, Inc. (DebtX), selected Intensive to provide managed
hosting for its online mortgage auction site. Intensive Hosting offers
managed hosting for complex Web sites exclusively on the Microsoft platform
and was launched as an alternative to Digex-WorldCom. Intensive Hosting is a
division of Rackspace Managed Hosting, the second largest managed hosting
provider with more than 5,900 servers online.
Boston-based DebtX is one of the largest full-service loan sale advisors
in the country. DebtX allows banks and other financial institutions to
leverage its live, online auction technology to bid on and purchase commercial
and residential mortgage debt. In real-time, DebtX users access loan
information, bid competitively against each other and complete transactions
all via the Web site.
Intensive Hosting provides DebtX with the essential managed hosting
services and 100 percent uptime guarantee that are critical to the company's
online operation. Intensive Hosting focuses on the ProActive7(TM) to offer a
solid foundation for complex Web sites. The ProActive7 consists of Security
and Patching; Backup and Recovery; Server Administration; Reporting and
Trending; Deep Monitoring; Rapid Deployment and Scaling and Superstructure.
"When we sought a new hosting provider, we looked for a financially stable
hosting company with a solid track record for technical expertise and
service," said Kevin Jarnot, managing director of technology, DebtX. "We
evaluated the industry leaders and selected Intensive Hosting because it
offered a focus on the vital managed services at a lower price. With
Intensive Hosting, we do not have to worry about scalability or uptime.
Intensive takes care of all of it for us."
"Intensive Hosting has addressed a huge need in the marketplace for the
proactive management of complex Microsoft sites at a lower cost," said Graham
Weston, president, Intensive Hosting. "DebtX offers a leading mortgage
auction service that is depended upon by major financial institutions, so
reliability is crucial. Intensive offers a 100 percent uptime guarantee, and
by focusing on the ProActive7 and Microsoft platforms we can offer managed
hosting at a significantly lower cost."
About DebtX
The Debt Exchange, Inc. (DebtX) is one of the largest full service loan
sale advisors in the country, serving commercial banks, insurance companies,
investment banks and other financial institutions. DebtX was founded to
create a liquid secondary market for buyers and sellers of commercial and
residential real estate debt, commercial and industrial loans and other
corporate debt. A registered broker-dealer with the Securities and Exchange
Commission, DebtX offers traditional loan sale services through the industry's
most experienced team of professionals and operates the most active Internet-
based platform for secondary commercial debt, with more than 1,300 registered
participants. DebtX's investors include Allied Capital Corp., Sparkventures,
LLC, and Flagship Ventures. Headquartered in Boston, DebtX can be reached at
617-443-9199, or www.debtx.com .
About Intensive Hosting
Intensive Hosting is a division of Rackspace Managed Hosting, the second
largest managed hosting provider. Intensive Hosting manages Microsoft hosting
platforms for complex Web sites and was launched as an alternative to Digex-
WorldCom. Intensive's unique approach focuses on the ProActive7, which are
the vital managed services that create a solid foundation required for complex
Web sites. By eliminating custom hosting elements and focusing exclusively on
Microsoft-based deployments, Intensive costs at least 21 percent less than
other competitors. For more information on Intensive Hosting visit
www.intensive.com or call 888.480.6840.
For more information, please contact:
Annalie Drusch
Intensive Hosting
210.892.4000
adrusch@rackspace.com
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SOURCE Intensive Hosting