Released on: September 26, 2007, 1:05 pm

Press Release Author: Matt Barker/ Hosted Solutions

Industry: Internet & Online

Press Release Summary: Square 1 Bank selects Hosted Solutions to manage their entire
application infrastructure and disaster recovery efforts.


Press Release Body: Raleigh, NC -9/26/07- Hosted Solutions, the East Coast's premier
data center and managed services provider announces today that Square 1 Bank, a
leading provider of financial services to venture capital firms and companies that
receive venture capital investment, has selected Hosted Solutions to provide its
managed hosting needs. The decision utilizes Hosted Solutions' Raleigh data center
facility and secure network, and will give Square 1 Bank access to the latest in
hosting technology.

For the next three years, Hosted Solutions will provide Square 1 Bank with a fully
managed infrastructure and operating system to house their core applications. The
solution will help Square 1 Bank optimize their operations across application
management, infrastructure management, and the deployment and optimization of new
and existing applications, while being scalable to meet Square 1's rapid growth. The
infrastructure consists of Hi-Touch dedicated servers, managed back ups, SAN
storage, monitoring, managed security and internet services, and network
connectivity. In providing all of these services, Square 1 Bank is entrusting Hosted
Solutions to manage their entire application infrastructure and disaster recovery
efforts.

"With redesigning our entire network IT infrastructure, we needed a secure place to
centralize our applications. Hosted Solutions SAS 70 Type II certified Raleigh Data
Center provided the facility that we had been looking for, and we are confident
their expert staff can manage and handle the scalability needed for our rapid
growth," states Don Sturdivant, CTO of Square 1 Bank. "Hosted Solutions enterprise
solution will aid us in continuing to satisfy an ever-increasing customer demand for
service convenience and product quality."

Rich Lee, CEO of Hosted Solutions responds, "Our SAS 70 Type II certified data
centers are able to benefit Square 1 Bank in our ability to handle the scalability
they need while guaranteeing high availability and outstanding support for all of
their systems and applications. By reducing Square 1's costs and risk by optimizing
their daily IT operations, we are able to partner with Square 1 to help maximize
their relationships with both their internal employees and external customers."

About Square 1 Bank
Square 1 Bank first opened its doors August 8, 2005, as a full service commercial
bank providing financial services to venture capital firms and entrepreneurs in all
stages of growth and expansion. Square 1's expertise, focus and strong capital base
provide solid support for its clients' needs. The bank offers tailored products and
solutions aided by the latest technological innovations. To serve its relationships,
Square 1 has offices coast to coast in Austin, Boston, McLean, New York metro, San
Diego, Seattle, and the Silicon Valley. The bank is headquartered in Durham, North
Carolina. For more information please visit www.square1bank.com.

About Hosted Solutions
Hosted Solutions' high quality Data Center and Managed Hosting solutions maintain
and protect customers' mission-critical, back-office 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 four
SAS 70 Type II audited 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, and a complete managed services
portfolio. For more information please visit www.hostedsolutions.com.

Contact:
Hosted Solutions
Matt Barker, Director of Marketing
919.882.3029




Web Site: http://www.hostedsolutions.com

Contact Details: Hosted Solutions
Matt Barker, Director of Marketing
4350 Lassiter at North Hills Ave.
Suite 280
Raleigh, NC 27609
919.882.3029