Wednesday, April 25, 2012

Rackwise Inc (OTCBB: RACK) Hitting 52 Week Highs after U.S. Army Expands Use of Rack Solutions

Rackwise Inc (OTCBB: RACK) Hitting 52 Week Highs after U.S. Army Expands Use of Rack SolutionsNorthern, WI 4/25/12 (StreetBeat) -- Rackwise, Inc. (OTCBB: RACK), a leading developer of data center infrastructure management software and service solutions, announced today that the U.S. Army Corps of Engineers (“USACE” or the “Corps”) has significantly expanded utilization of the Company’s deployedDCiM™ solution to manage its primary and satellite data centers.

A Rackwise, Inc. customer since 2010, USACE is virtualizing assets to optimize storage in both their primary and multiple remote data centers. Ensuring consistent, timely and accurate asset information across all data centers is essential to optimizing footprints and costs while providing necessary IT infrastructure to support the Corps’ various projects and programs. The Rackwise®DCiM™ solution is a critical component of the USACE information technology strategies for managing both rack and floor space as well as data virtualization and storage optimization efforts. To this end, USACE is leveraging the Company’s education services to substantially expand the Corps’ Rackwise® DCiM™ solution user base, enabling greater utilization of available features and functionality to expedite achieving operational objectives while accelerating return on investment.

Guy A. Archbold, Rackwise, Inc. Chief Executive Officer, commented, “Rackwise® DCiM™ solutions are emerging as the solutions of choice providing data center and infrastructure technology professionals powerful, state-of-the-art tools for real-time data management to maximize operational efficiencies and economic benefits. The U.S. Army Corps of Engineers decision to significantly expand its utilization of our solutions further highlights the progressive incremental value customers can achieve with our product and service offerings. We continue to take great pride in knowing that when the U.S. Army Corp of Engineers supports our nation’s environmental resources and infrastructure, Rackwise is supporting the Corps’ technology infrastructure, enabling them to successfully pursue their mission to strengthen our Nation's security, energize the economy, and reduce risks from disasters.”

About the U.S. Army Corps of Engineers

The U.S. Army Corps of Engineers has approximately 37,000 dedicated civilians and soldiers delivering engineering services to customers in more than 90 countries worldwide.

With environmental sustainability as a guiding principle, the Corps of Engineers works diligently to strengthen our Nation’s security by building and maintaining America’s infrastructure and providing military facilities where service members train, work and live. The Corps of Engineers also researches and develops technology for U.S. military forces that protect America’s interests abroad by using the Corps’ engineering expertise to promote stability and improve quality of life.

The Corps energizes the economy by dredging America’s waterways to support the movement of critical commodities and providing recreation opportunities at our campgrounds, lakes and marinas. Additionally they devise hurricane and storm damage reduction infrastructure to reduce risks from disasters. The men and women in the Corps of Engineers are helping to protect and restore the Nation’s environment including critical efforts in the Everglades, the Louisiana coast, and along many of our Nation’s major waterways. The Corps is also cleaning sites contaminated with hazardous, toxic or radioactive waste and material in an effort to sustain the environment.

About Rackwise, Inc.

Rackwise, Inc. is a leader in software development and marketing within the growing markets for IT infrastructure, data center monitoring, management and optimization, data center cost efficiency and green data centers and its branded Rackwise® Products and Services are used throughout the world. Its flagship data center infrastructure management suite of products and service offerings, DCiM™ Solutions, are used by over 150 companies worldwide to track, manage, plan, optimize and provide cost analysis of IT infrastructure.

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