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Hostway Hires Kurt Phillips as Chief Financial Officer

Tech Sector Veteran Will Provide Operational and Strategic Financial Leadership

CHICAGO, Feb. 10, 2015 /PRNewswire/Hostway Services, Inc., a leading provider of cloud, managed and hybrid hosting services, today announced the addition of new Chief Financial Officer Kurt Phillips, a highly accomplished CFO with 15 years in finance within technology companies, accumulating extensive experience growing revenue and profitability, both organically and through acquisitions.

Phillips comes to Hostway from ShopperTrak, a global SaaS provider of retail analytics, where he was the company’s Chief Financial Officer and Chief Operating Officer. In six years there, Phillips was responsible for managing the organization’s financial health and providing both operational and strategic leadership, growing ShopperTrak’s revenue and EBITDA. He oversaw and developed six teams which included approximately 150 people worldwide.

Prior to joining ShopperTrak, Kurt was the Vice President of Finance and Controller for Townsend Analytics, a global financial market data provider and SaaS development company, where he developed and directed all of the company’s finance and accounting functions.

Phillips, who resides in the Chicago area, holds an MBA from the University of Chicago’s Booth School of Business and a BBA in Finance from the University of Wisconsin, and is a licensed CPA. He’ll oversee Hostway’s finance, HR and legal teams.

To learn more about Hostway, please visit www.hostway.com.

About Hostway Services, Inc.

Hostway Services, Inc. is a leader in Cloud, Managed, Web and Hybrid Hosting. Hostway delivers reliable, secure, and scalable Infrastructure-as-a-service (IaaS) solutions to over 500,000 customers worldwide. Hostway has emerged as one of the largest cloud hosting and Infrastructure-as-a-Service providers in the world due to the company’s expertise in developing secure, multi-tenant hosting environments and is committed to providing SMB’s and large enterprises with cost effective business solutions. Hostway’s core products include Managed Hosting, Cloud Hosting, Web Hosting, and Email and Applications.

SOURCE Hostway Services, Inc.

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