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James Wheat CFO of Rackable

Replacing Madhu Ranganathan

Rackable Systems, Inc. announced the hiring of James Wheat, who will serve as Chief Financial
Officer and as a member of the Executive Management Team. Wheat most
recently comes from Lam Research, a global technology company, where
he served as Vice President and Corporate Controller. Wheat will
report to Mark Barrenechea, our Chief Executive Officer.

"Rackable Systems is well positioned to take advantage of the
growing demand for energy-efficient "Green" computing solutions, both
in the US and abroad
," said Wheat. "The company has a long-standing
reputation as an innovator in the data center industry and I am eager
to apply my global experience to help expand the success of our
Eco-Logical(TM) line of high-performance solutions.
"

Wheat has a long history of executive and financial leadership
within prominent public and private technology organizations. In his
previous position at Lam Research, Wheat was responsible for managing
compliance with accounting policies, SEC reporting, and the
administration of the company’s internal audit function for this
highly profitable, international semiconductor equipment manufacturing
company with more than $2 billion in revenues. Wheat also held senior
financial management positions within a number of public technology
companies, including the role of acting principal financial officer at
Asyst Technology, senior director of finance at Sybase Inc., and vice
president and corporate controller at Sunterra Corporation. In
addition, Wheat held senior finance positions at Raychem Corporation,
Core-Mark International, Spectra-Physics and Honeywell. Wheat earned
his MBA at The Wharton School of the University of Pennsylvania and
his BBA at the University of Michigan.

Wheat will initially serve Rackable in an interim capacity, while
Rackable’s current CFO, Madhu Ranganathan, remains in that role
through the completion of the company’s first quarter of 2008
activities. Upon Ranganathan’s departure, James Wheat will become
Rackable’s CFO.


Rackable Systems, Inc.

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