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Cloud Centric Systems, Inc. Subsidiary Receives Purchase from Prestigious UK Accounting Firm

Twelve Month Contract signed


News provided by

Cloud Centric Systems, Inc.

May 18, 2010, 08:30 ET

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LONDON, May 18 /PRNewswire-FirstCall/ -- Cloud Centric Systems, Inc. (Pink Sheets: CLDR) is pleased to announce that the Company's wholly owned subsidiary, VClouds, Ltd.,  has  received a purchase order through its distribution channel partner Netmetix, Ltd. The contract is with Burgis & Bullock, a prestigious accounting and business advisor firm in the United Kingdom for the Advanced Mail Utilities product, powered by the VClouds email engines.

Burgis & Bullock is a regional practice of chartered accountants and business advisers. For over 100 years they have been tending to the needs of various businesses, financial companies and individuals. They provide a personal, partner led service by a team of specialists with an abundance of industry knowledge. The company currently has offices, which are based in Leamington Spa, Nuneaton and Rugby. Burgis & Bullock has built a significant client base across the globe.

Two-thirds of all corporate knowledge is exchanged over basic email, often in plain text. Since email is considered a legal corporate business record businesses are starting to take steps toward securing all electronic communications.  Businesses realize that the consequences of not having email security can be dangerous to their organization. According to the Radicati Group's study, the worldwide email market will grow from 1.2 billion mailboxes in 2005 to 2.1 billion mailboxes in 2010.

"This purchase order from Netmetix Ltd. is the key to VClouds and we look forward to helping them to continue penetrating into the accounting and financial advisory market in the UK," stated David Lovatt, President and CEO of Cloud Centric Systems, Inc. "We are pleased to announce yet further revenue growth as we build strong relationships with our distribution partners."

The Company recently announced that both of its wholly owned subsidiaries EnableTS, Ltd., and VClouds, Ltd. have signed agreements with Netmetix, Ltd., who is a Microsoft Certified Gold Partner.  Under this agreement Netmetix will sell and distribute products from EnableTS and VClouds. Some of Netmetix's key customers include Aeroflex, Burgis & Bullock, Biddle Climate Solutions, and Greenray Group. Netmetix has a significant and loyal client base that purchase services ranging from software and hardware supply, to Disaster Management, including Backups and Security.  

To view Cloud Centric Systems, Inc. most recent filings with Pink Sheets, please go to: http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=cldr

About Netmetix, Ltd.

Founded in 2000, Netmetix provides a valued IT partnership to small and medium sized organizations. The services range from basic telephone support, consultancy and training through to fully managed or hosted IT systems. They also provide a full and detailed installation and implementation service for everything that is sold. Netmetix provides the latest remote access tools to enable the engineers to provide high level day to day network support and administration.

About Cloud Centric Systems:

Cloud Centric Systems specializes in cloud based technologies that use the Internet to deliver business critical applications via a global network of partners. Cloud Centric Systems plans to grow via strategic acquisition over the coming 12 months as well as strong sales through its subsidiary, Enable Software Ltd.

Enable Software Ltd., a European based email management software solutions company, works exclusively with IT Service Providers to furnish them with the very latest in email management solutions for the modern market place. Their solution covers everything from Archiving, Anti-Spam, Disaster Recovery and Business Continuity.

For more information, please visit www.cloudcentricsystems.com

Safe Harbor Statement:

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.

SOURCE Cloud Centric Systems, Inc.

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