VANCOUVER, BC, Nov. 7 — PEER 1 Hosting, the global IT hosting provider, announced today that it has launched its public cloud division Zunicore offering Zunicore Cloud Hosting. Built with the business professional in mind, this solution offers users a high degree of control and flexibility, and leverages the established infrastructure of PEER 1 Hosting's wholly-owned FastFiber Network.

Zunicore's professional-grade cloud service allows users to benefit from customizable resource pools versus preset virtual machines, hands-free auto-scaling, and transparent pricing. FairPlay Pricing guarantees that customers pay only for what they use and are never locked into a long-term contract. The complexities of managing the cloud have driven many businesses away from the public cloud. Now, with Zunicore's simple dashboard that show the user the resources being used, the amount of resource remaining, and options to increase or decrease resources, it is easier for companies to migrate to the cloud.

"Zunicore Cloud Hosting is built on the principle that a company should be able to focus on controlling its core business, rather than on its IT delivery vehicle," said Greg Rusu, general manager of Zunicore. "Zunicore provides users with a pool of resources and easy to use tools that let users quickly and efficiently manage their cloud hosting business needs."

The core features of Zunicore Cloud Hosting include:

• User-controlled environment: Customizable resource pools that allow users to increase or decrease the size of their pool, or add virtual machines based on their business needs. This type of control also provides Overdraft Protection against the users hosting cost.

• Data reliability: Unlike other cloud environments that utilize local hard drives for storage at an additional cost, Zunicore offers persistent storage area network (SAN) storage, which is more reliable, less susceptible to data loss and offers higher performance – all at no extra cost.

• Scalability: Hands-free autoscaling allows users to specify by how little or much they want to scale their resources, based on user-defined thresholds such as technical resources, cost, or both.

• Minimized downtime risk: Several features help limit Zunicore's risk of downtime: availability in PEER 1 Hosting's three geographically dispersed datacenters on two continents, AnyCast DNS across PEER 1 Hosting's FastFiber Network, persistent SAN and a Zero Downtime Network service level agreement (SLA).

"Zunicore gives us advanced feature capabilities that allow us to meet the specific and changing demands of our customers," said Douglas Cebik, director of business development for Sorenson Media, the global leader in video encoding and publishing. "In particular, we fully appreciate the ability to scale our use of the Zunicore cloud and create our own customized pool of resources, which allows us to optimize the cloud resources for a given video encode preset and priority. In addition, we can add and change any pool of resources in real-time without interrupting an encode job. So, when we need processing power to accelerate a video encode job, we can dynamically change any given resource pool, in real time."

Zunicore Cloud Hosting is now available on the Zunicore website where early users can sign up for a free 30-day trial. For more information and to purchase Zunicore Cloud Hosting, visit www.zunicore.com.

About PEER 1 Hosting

PEER 1 Hosting (TSX:PIX) is one of the world's leading IT hosting providers. The company is built on two obsessions: Ping & People. Ping, represents its commitment to best-in-breed technology, founded on a high performance 10Gb FastFiber Network connected by 18 state-of-the-art datacenters, 21 points-of-presence and 10 colocation facilities throughout North America and Europe. People, represents its commitment to delivering outstanding customer service to its more than 10,000 customers worldwide, backed by a 100 percent uptime guarantee and 24x7x365 FirstCall Support. Info-Tech Research Group recently named PEER 1 Hosting as a "Champion" in its Canadian colocation and managed services Vendor Landscape report, recognizing the company's strength in product offerings and enterprise strategy in the global IT marketplace. PEER 1 Hosting's portfolio includes Managed Hosting, Dedicated Servers under the ServerBeach brand, Colocation and Cloud Services through Zunicore. Founded in 1999, the company is headquartered in Vancouver, Canada, with European operations headquartered in Southampton, UK. PEER 1 Hosting shares are traded on the TSX under the symbol PIX. For more information, visit: www.peer1.com or www.peer1hosting.co.uk.

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Source: PEER 1 Hosting