SOURCE: LineSider Technologies

LineSider Technologies

April 30, 2010 08:07 ET

LineSider Technologies' OverDrive Named as Finalist for the 2010 MITX Technology Awards

Seventh Annual MITX Technology Awards Recognize Outstanding Technology Advancements

CAMBRIDGE, MA--(Marketwire - April 30, 2010) - LineSider Technologies, a leading provider of network services virtualization, was named a finalist in the 7th Annual MITX Technology Awards today. The MITX Technology Awards recognize emergent and innovative technologies developed in the New England area, as well as the individuals and organizations responsible for driving these advancements. The Massachusetts Innovation & Technology Exchange (MITX) is the country's premier Internet business and marketing association.

LineSider's OverDrive automates and orchestrates cloud computing environments. OverDrive virtualizes network services so the network becomes fluid and responsive in the same way server virtualization transformed the data center. Every application gets the secure network resources it needs, when needed, without any manual intervention dramatically reducing network operations costs associated with cloud computing.

"We're very pleased to be named a finalist for the prestigious MITX Technology awards," said Harley Stowell, CEO and President at LineSider Technologies. "OverDrive addresses a very significant challenge in both private and public cloud computing environments. Every time an application, computer or storage resource changes in the virtual datacenter, there needs to be some type of manual intervention to provision network services or repair broken security and access models. This has become one of the biggest challenges facing large virtual computing deployments today. OverDrive fixes this problem and saves an enormous amount of operational time spent on creating and modifying network connectivity and maintaining security to support virtual applications. This is especially true for companies with very fluid computing environments where virtual devices are being added, moved or changed regularly between physical locations or network segments."

"Being named a finalist in the MITX Technology Awards is an important achievement," said Kiki Mills, president of MITX. "This recognition translates into increased exposure with media, industry analysts and investors, and provides them a higher profile in their industry. We congratulate all of the finalists on their achievement and wish them luck in the competition."

Finalists represent the spectrum of innovation in New England's technology sector, demonstrated by eleven categories at this year's awards, which include: Analytics and Business Intelligence, Cloud Computing, Devices, E-Commerce/Alternative Retail, Marketing/Customer Relationship Technologies, Mobile Application, Mobile Infrastructure, Online Advertising, Rich Media, Social Media, and Technology Enablers.

LineSider Technologies will be recognized with the other finalists in the category of Cloud Computing at an awards ceremony attended by the region's top technology and business professionals. Winners will be announced at the ceremony at the Boston Marriott Copley Place on Wednesday, June 2, 2010.

In addition to being selected as a finalist for their category, finalists are eligible for a 'Best of' award and for a 'Promise' award, which recognizes start-up companies whose emerging technology solutions show promise to make a significant business impact.

The MITX Technology Awards program is sponsored through the generous support of: The Atom Group, DLA Piper, LEWIS PR and PricewaterhouseCoopers. Creative partners include: Corey Machanic, Height&Hands, massAV, and PJ Moore: Brand Design & Strategy.

About LineSider Technologies
LineSider Technologies is a Massachusetts based, privately funded software solution provider that has created the industry's first network services virtualization platform, enabling enterprises and cloud service providers to automate and orchestrate public and private cloud computing environments while dramatically reducing network operations costs associated with virtualization. LineSider virtualizes network services so that the network can become more fluid and responsive to business changes. LineSider has offices in Massachusetts, New York and London. For more information www.linesider.net

About MITX
The Massachusetts Innovation & Technology Exchange (MITX) is the region's premier professional organization for the Internet business and marketing industry. Reaching more than 7,500 professionals in New England, MITX is the community for thought leadership, building business relationships and professional training and development. Members of the MITX community take advantage of events, sponsorships, speaking opportunities and networking to make business connections and exchange ideas. With more than 60 events annually, MITX provides its members with the opportunity to promote their companies to targeted audiences and provides a valuable forum for networking with other likeminded peers to source potential business leads, partnerships, ideas, and funding. MITX is headquartered in Cambridge, MA. Visit us at www.mitx.org.

Contact Information

  • Contact:
    Jessica Winston
    MITX
    617-871-2155 x208
    Email Contact

    Lisa Allocca
    Red Javelin Communications
    978-470-2227
    Email Contact