PEER 1 Hosting Delivers Industry's First Large-Scale Hosted NVIDIA GPU Cloud

LOS ANGELES, July 26 — (PRNewswire) — >Cloud-hosted NVIDIA Tesla GPUs offer high performance and flexibility for complex computations and video compression

LOS ANGELES, July 26 /PRNewswire-FirstCall/ - PEER 1 Hosting (TSX: PIX), a global online IT hosting provider, today announced the availability of the industry's first large-scale, hosted graphics processing unit (GPU) Cloud at the 37th Annual Siggraph International Conference.

The system runs the RealityServer(R) 3D web application service platform, developed by mental images, a wholly owned subsidiary of NVIDIA. The RealityServer platform is a powerful combination of NVIDIA Tesla GPUs and 3D web services software. It delivers interactive and photorealistic applications over the web using the iray(R) renderer, which enables animators, product designers, architects and consumers to easily visualize 3D scenes with remarkable realism.

With the use of massively parallel NVIDIA Tesla GPUs, PEER 1 Hosting can now offer customers flexible and reliable access to a system capable of delivering high computational performance across demanding applications. These include graphics rendering, complex quantitative processing, video compression, and large-model 3D web services for access by mobile clients.

Hosting the GPUs and software within the cloud simplifies customer implementation and provides an inexpensive entry point for new users. It also minimizes internal IT pressures so businesses can focus their talent on core business operations.

"With their commitment to best-in-breed technology and state-of-the-art data centers, PEER 1 Hosting has all the skills to deliver a service of this kind and make the power of the GPU more accessible than ever before," says Sumit Gupta, product line manager of Tesla products at NVIDIA. "RealityServer running on PEER 1 Hosting's GPU Cloud will enable software developers for Facebook, MySpace, and other Web 2.0 websites to offer 3D web applications and games, making the consumer experience on the Internet even more interactive."

NVIDIA's Tesla S1070 and Tesla M2050 (Fermi architecture-based) hosted GPUs, as well as RealityServer are now available for purchase worldwide and will be hosted as a managed hosting offering at PEER 1 Hosting data centers in Toronto, Canada and London, UK. As part of the launch at the Siggraph International Conference, PEER 1 Hosting and NVIDIA are offering free trials and proof of concepts for new customers to see first-hand how well the GPU Cloud performs.

"We're excited to support and deliver high performance hosted GPUs from NVIDIA to our customers," says Robert Miggins, PEER 1 Hosting's Senior Vice President Business Development. "The combination of the high performing GPUs running on our robust SuperNetwork(TM), with the on demand flexibility of the cloud, is truly an industry first."

About PEER 1 Hosting

PEER 1 Hosting 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 SuperNetwork(TM) connected by 17 state-of-the-art data centres, 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(TM). PEER 1 Hosting's portfolio includes Managed Hosting, Dedicated Servers under the ServerBeach brand, Colocation and Cloud Services. 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.

Forward Looking Statements:

Statements in this release relating to matters that are not historical fact are forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. Factors that could cause or contribute to such differences include, but are not limited to, general economic conditions, changes in technology, reliance on third party manufacturing, managing rapid growth, global sales risks, limited intellectual property protection and other risks and uncertainties described in PEER 1 Hosting's public filings with securities regulatory authorities.

SOURCE Peer 1 Network Enterprises, Inc.

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