Rich Lee, Hosted Solutions CEO, to Speak on Panel at Local Tech Wire's Executive Exchange Event with Dallas Mavericks Owner Mark Cuban

RALEIGH, N.C., Aug. 10 /PRNewswire/ -- Hosted Solutions, the East Coast's premier provider of enterprise-class managed hosting solutions, today announced that Rich Lee, its founder and chief executive officer, will participate in a panel discussion in Raleigh on August 12 at the Local Tech Wire's (LTW) Executive Exchange event. The event will feature Mark Cuban, the owner of the NBA Dallas Mavericks who, like Lee, is also an investor in startups.

Lee will provide his first-hand perspective on building a successful startup business in the Triangle. He'll discuss how emerging businesses can take advantage of today's burgeoning cloud computing solutions, accessing high-end IT infrastructure—with minimal capital resources.  

"The IT environment for today's entrepreneurs is extremely flexible," said Lee.  "No longer do companies need to invest thousands or millions of dollars in hard infrastructure to get their businesses off the ground," Lee commented. "With cloud computing, cloud storage, managed hosting and managed services, today's businesses can tap into the resources they need—whenever and wherever they need them, accelerating time to market and significantly reducing up-front costs."

Hosted Solutions' customer base is diverse—from small startups to Fortune 100 companies. And though their needs vary tremendously, the company finds that most of their customers want the same thing—reliability, scalability and peace of mind that their data and systems will be there when they need them. Hosted Solutions' cloud offering has been incredibly popular with customers of all sizes. The company predicts that the customer base for cloud will continue to grow as new Triangle businesses emerge.

The panel discussion featuring Lee is part of a day-long program that will host some of the area's most promising leaders.  Other speakers on the panel, moderated by Intersouth Partners' Mitch Mumma, will include Aaron Houghton, co-founder and chairman of iContact and Mike Doernberg, chief executive officer of ReverbNation.

Southern Capitol Ventures and Intersouth Partners, two of the region's top VC firms, are working with LTW in putting on the event. The cost of the luncheon event is $50. For registration information, visit: www.localtechwire.com/Mark-Cuban/8069252/.

About Hosted Solutions

Hosted Solutions is the East Coast's premier provider of enterprise-class managed hosting solutions.  Its high quality data center and managed hosting services, including a dedicated server offering, managed colocation and its exclusive Stratus Trusted Cloud™suite, maintain and protect customers' mission-critical IT systems and applications, enabling them to reduce operating costs, lower the risk of downtime, focus on core competencies, and achieve their top business objectives. The company operates five SAS 70 Type II certified data centers in Boston MA, Charlotte NC, Raleigh NC, and Cary NC, providing best-of-breed data center operations with hardened physical infrastructure, the highest level of security.  It also offers a complete managed services portfolio, including enterprise storage, network, OS management, middleware server management, DBA services, security and disaster recovery.  Hosted Solutions is backed by Boston-based private equity firm ABRY Partners.  For more information, please visit www.hostedsolutions.com.

SOURCE Hosted Solutions