Text Size
   
YouCMSAndBlog Module Generator Wizard Plugin

RACK

RACK Thursday's Monster Bounce Play

Company: Rackwise Inc.

Symbol: RACK.ob

Current PPS: $0.925

Outstanding Shares: 99.2M

Float: 47.75M

10 Day Avg. Volume: 303.3K

About the company:

Rackwise Inc (RACK.ob) With offices in California, Nevada, Texas, Washington D.C. New York, Illinois and the U.K. RACK deals in software development and marketing within the growing markets of IT infrastructure, data center monitoring, management and optimization, data center cost efficiency and green data centers. Its flagship Data Center Infrastructure Management ("DCiM") product, RACKWISE®, is used by over 150 companies worldwide to track, manage, plan, optimize and provide cost analysis of IT infrastructure.

RACK's Rackwise Data Center Management Software is a multilayered software product that provides a suite of solutions that manage multiple dimensions of a company's IT infrastructure and Date Centers. Rackwise® software allows companies to optimize their use of resources such as power, cooling, space, servers, networks, cables etc. The improved management of these resources provides their clients with an unmatched ROI (Return On Investment) on their most critical and costly expenditure, IT infrastructure.

RACK's client list reads like a who's who in Fortune 500 companies. Industry giants, Amazon, Continental Airlines, FedEx, Cisco, American Express, Capital One, and Home Depot all use RACK software to optimize their crucial IT infrastructures.

Just last week RACK received a ringing endorsement from another one of their big name clients the U.S. Army Corps of Engineers. The USACE announced that they have significantly expanded utilization of the their deployed DCiM solution to manage their primary and satellite data centers.

RACK released news this morning announcing that Harkeeret Singh will join Stephen O'Donnell, Steve Biondi and Richard Scannell to serve on the Company's recently formed Rackwise, Inc. Industry Advisory Board, a distinctive group of industry thought leaders and visionaries providing strategic guidance to the Company.

Mr. Guy A. Archbold, Rackwise, Inc. Chief Executive Officer, stated, "We are exceedingly pleased to welcome Mr. Harkeeret Singh to our Rackwise, Inc. Industry Advisory Board. Harkeeret's industry acknowledged reputation as the "Energy Czar" at Thomson Reuters and globally recognized advocate for innovative green sustainable IT infrastructure strategies will be critically important in educating the global network of data center managers, information officers and other information technology professionals in the benefit of DCIM and our Company's DCiM product and service offerings to responsibly meet their evolving information technology infrastructure management needs."

RACK certainly has the potential to be our next big winner. We love RACK's strong list of clients, proven product and highly opportunistic PPS of $0.925.

We are putting RACK on HIGH ALERT.

We will be releasing our Full Report on RACK tomorrow morning.

We suggest all members read today's press release below and keep a close eye on RACK early tomorrow morning 9:30am EST.

Harkeeret Singh Joins Rackwise, Inc. Industry Advisory Board
5:30a ET May 2, 2012 (Business Wire)

Rackwise, Inc. (OTCBB:RACK.OB) (the "Company") announced today that Harkeeret Singh will join Stephen O'Donnell, Steve Biondi and Richard Scannell to serve on the Company's recently formed Rackwise, Inc. Industry Advisory Board (the "Advisory Board"), a distinctive group of industry thought leaders and visionaries providing strategic guidance to the Company.

Mr. Singh brings to the Advisory Board an extensive background and industry reputation as one of the primary enablers advocating greener and more sustainable information technology infrastructure strategies. He is currently Global Head of Energy and Sustainable IT at Thomson Reuters, the world's leading source of intelligent information for businesses and professionals. In this role, Mr. Singh is responsible for energy efficiency and sustainability across technology operations, including Data Centers, Servers, Storage, Network and Desktop. In addition, Mr. Singh has performed substantial research of data centers and information technology environments in both Europe and the United States in particular pursuit of advancing energy responsible principles and working across traditional boundaries to achieve holistic efficiency. Prior to joining Thomson Reuters, Mr. Singh served in a variety of roles, including Head of Data Center Strategy, at UK-based BT (formerly British Telecom), one of the world's largest communications services companies.

Mr. Singh has extensive engagement with industry bodies with regard to energy optimization and environmental sustainability, liaising with a multitude of forums and consortiums, including: The Green Grid, serving as vice chairman of the Advisory Council and chairman of its EMEA Technical Work Group chartered with developing and refining regionally-relevant content to improve resource efficiency in data centers, specific to the region and which contribute to the global opportunity; the European Union Code of Conduct for Data Centers; and energy efficiency initiatives promulgated by the United States Environmental Protection Agency and Department of Energy. Additionally, Mr. Singh is a lead industry representative for multiple global climate change policies, including U.K. CRC Energy Efficiency Scheme (Carbon Reduction Commitment) and others across the world.

On his appointment to the Rackwise, Inc. Industry Advisory Board, Mr. Singh commented, "Data center managers and information technology professionals are continually seeking viable alternatives to deliver corporate objectives of optimizing operational efficiencies and maximizing economic benefits of business computing ecosystems within the context of exercising judgment befitting responsible global citizens. Data center infrastructure management ("DCIM") and the Rackwise(R) suite of products and service offerings advance both operational and economic optimization while promoting environmentally responsible resource efficiency. The Company's DCiM(TM) solutions incorporate powerful, state-of-the-art tools for real-time data management that are positively positioning Rackwise, Inc. within the data center infrastructure management market and I look forward to facilitating their strategic objectives in the industry through my role as advisor."

Mr. Guy A. Archbold, Rackwise, Inc. Chief Executive Officer, stated, "We are exceedingly pleased to welcome Mr. Harkeeret Singh to our Rackwise, Inc. Industry Advisory Board. Harkeeret's industry acknowledged reputation as the "Energy Czar" at Thomson Reuters and globally recognized advocate for innovative green sustainable IT infrastructure strategies will be critically important in educating the global network of data center managers, information officers and other information technology professionals in the benefit of DCIM and our Company's DCiM(TM) product and service offerings to responsibly meet their evolving information technology infrastructure management needs."


Enhanced by Zemanta

FREE Stock Alerts

 

Partner Sites

Follow Us On

As Seen On...

IHUB

MarketWatch

Yahoo Finance

Google Finance

MSN

Penny Stock Picks