ClearCube Technology Acquires Cloud Computing Provider Network Elites, Launches Public Cloud Service Offering and Expands Private Cloud Service Offering

AUSTIN, Tex., Sept. 19, 2011 /PRNewswire/ -- ClearCube Technology, the leader in virtual desktop products for cloud computing, including rack-mounted workstations, blade PCs and zero clients, today announced that it has acquired privately-held Network Elites, a cloud computing and managed services provider based in Dallas, TX.

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The acquisition accelerates ClearCube's entry into the public cloud services market and expands on ClearCube's portfolio of private cloud computing offerings.

"This announcement marks a significant step forward in ClearCube's expansion into public cloud services and helps fulfill the escalating demand that we're experiencing in the private cloud market," said Randy Printz, President and CEO of ClearCube Technology.  "There are tremendous synergies resulting from this acquisition that will create a force multiplier in driving growth for ClearCube solutions in the cloud computing and virtual desktop infrastructure markets."

Network Elites, founded in 2001 has developed a comprehensive platform for cloud computing service delivery and is a leading cloud services and managed IT provider in North America. Network Elites, is a multi-million dollar operation, profitable and has exhibited strong growth year over year, achieving a 40% revenue increase between 1H 2010 and 1H 2011.

"The Network Elites cloud service delivery platform is a perfect complement to ClearCube's centralized and virtual computing solutions," said Ayman Omar, CEO of Network Elites. "Now organizations have the option of equipping their employees with the most efficient, secure and flexible computing solution based on the end-user's needs."

As a result of this acquisition, ClearCube is rolling out new public cloud computing services to enterprises while increasing the breadth of service offerings under ClearCube's private cloud product portfolio.  ClearCube's private cloud offerings consist of centralized computing solutions deployed behind the customer's firewall ,  VMware View virtual desktops for task and knowledge workers and ClearCube blade workstations for power users, all accessible via highly secure zero clients.

About ClearCube

ClearCube Technology is the pioneer and market leader in centralized and virtual computing, hardware, software and solutions. By deploying ClearCube private cloud solutions, enterprises and government agencies have dramatically reduced their support costs while improving the security and availability of their computing infrastructure. Enterprises and government agencies have come to rely on ClearCube private cloud solutions, zero clients and blade PCs for secure, reliable and energy efficient computing. For more information, visit www.clearcube.com.

Media Contacts:
Jeff Fugitt
ClearCube Technology
v. 512.652.3238
e. [email protected]

Catherine Seeds or Caitlin New
Ketner Group (for ClearCube)
v. 512.794.8876
e. [email protected]

SOURCE ClearCube Technology