Cary-based Springboard Managed Hosting has been awarded a three-year, $2.52 million contract to provide Web hosting for New York-based FortuneCity.com, says Springboard Chief Executive Officer Rich Lee. The agreement will bring Springboard to a cash positive position, according to the company. It also will result in the hiring of about 12 more IT employees in the next three months, says Springboard President Chris Hanks. www.springboardhosting.com
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