Web hosting provider Rackspace Managed Hosting has  been named by software giant Microsoft as its 2007 Worldwide Hosting Service Provider of the Year.

This is the third “partner of the year award” Rackspace has achieved in the past six years. The company said its most significant accomplishment as a Microsoft partner over the past year was its global launch of managed Microsoft Exchange, which gives companies of all sizes access to an on-demand and highly available deployment of one of the world's most widely-accepted email and collaboration solutions.
Rackspace claims its fully-managed service approach transforms Microsoft Exchange Server into a simple and scalable solution in which customers only pay for the mailboxes they plan to use.
"Rackspace has been a long-time hosting partner that has demonstrated its talent and expertise year after year, raising the bar in the design and deployment of customer solutions built on Microsoft technologies," says John Zanni, director of worldwide hosting at Microsoft.
"Consuming applications as a service, such as hosted Microsoft Exchange, is becoming increasingly popular among small and medium-sized businesses, so it's no surprise that managed Microsoft Exchange from Rackspace is the fastest-growing product in their suite of email solutions."
The Partner of the Year Awards were announced at the Microsoft Worldwide Partner Conference in Denver, Colorado.