Quipu Applications Launches incQubator(TM) at Interop 2011 Vegas

LAFAYETTE, CA--(Marketwire - May 5, 2011) - Quipu Applications, Inc., a Northern California-based start-up Cloud Computing company revolutionizing the way entrepreneurs and VCs communicate and collaborate, announced today that it will launch and demo its much anticipated incQubator™ solution at the upcoming Interop 2011 in Las Vegas, NV (Start-Up City 775D). The incQubator provides branded BusinessModel™ communities -- including Office of Technology Transfer, Economic Development Centers, incubators and VCs -- with a cloud-based instrumentation and collaboration tool to monitor normalized prospect investment analysis and other key performance metrics in real-time. This announcement comes on the heels of last month's introduction of the company's cloud-based collaborative application -- BusinessModel, allowing entrepreneurs, SMBs and the investment professionals to create, share, manage and monitor their business plan and business operations.

"There are numerous software tools promising a broad range of features for start-ups and entrepreneurs," said Michael Nahass, Partner and Managing Director/COO of NMS Capital Asset Management, Inc. "Quipu changes everything for small and medium business because BusinessModel offers the most comprehensive set of capabilities available -- and because BusinessModel is 100% cloud-based, both Quipu accessibility and features are best-in-class. Quipu incQubator -- offers a 'branded' community of BusinessModel users to aggregation points for Startups and Small Business, like NMS Capital, or Commercial Incubators, VCs, Offices of Technology License and Transfer, and Student Incubators at universities and colleges nationwide. In essence, Quipu allows each community to share as much or as little information as needed, while promoting permission-based collaboration among communities."

"The incQubator community is a secure platform that protects data integrity while permitting cross community collaboration," says Michael Issa, CEO, Quipu Applications Inc. "Think of it as a virtual, private collaboration for startups or businesses of all stages."

Quipu Applications offers tremendous value to startups and investors working with businesses of all sizes. incQubator provides a secure, collaborative business planning and management platform for aggregation points of startups and small businesses. It greatly reduces operational costs while driving substantial value to the entire portfolio of companies.

Issa adds, "incQubator greatly empowers Quipu's company's cloud-based BusinessModel dashboard service, which allows entrepreneurs, small to mid-sized businesses, investors, and other stakeholders to create, manage and collaborate through a dynamic, real-time business plan. The BusinessModel dashboard is complete with financials, documents, project management and integrated blog, wiki's, posts, and grouping to keep all parties informed based on individual permissions and personal preference of notifications."

To schedule a briefing and a demo of Quipu Applications' incQubator Interop 2011 Vegas, contact Jackie Abramian, BridgeView Marketing, Jackie@bridgeviewmarketing.com. To sign up for the incQubator visit http://www.quipuapps.com/contact.php.

Pricing and Availability:
Quipu will announce the general availability of incQubator on May 9, 2011 at the Start-Up City at Interop 2011, Vegas. The entry level incQubator branded service offering starts at $19,995. In addition, subscribers must also pay for bandwidth costs and community support.

BusinessModel was made available on March 29, 2011 at Web 2.0 in San Francisco, and is offered as a Free-mium or subscription model. Users may leverage all the functions and collaboration for free and pay for purchased reports and output a la carte, or upgrade to a monthly or annual subscription that includes all output. Hundreds of reports are made available with many free of charge. Subscriptions start at $49.95.

About Interop ®
Interop® drives the adoption of technology, providing knowledge and insight to help IT and corporate decision-makers achieve business success. Part of UBM TechWeb's family of global brands, Interop is the leading business technology event series. Through in-depth educational programs, workshops, real-world demonstrations and live technology implementations in its unique InteropNet program, Interop provides the forum for the most powerful innovations and solutions the industry has to offer. For more information about these events, visit www.interop.com.

About BusinessModel
Quipu Applications' BusinessModel is a Web 2.0 cloud-based application providing the entrepreneur, the small business, and the investment professional a collaborative application to create, share, and manage their business plan, as well as monitor that the business is operating according to the plan.

About Quipu Applications, Inc.
Quipu Applications, Inc. is a start-up Cloud Computing company. Based on Quipu Applications, Inc.'s Business Plan Software and collaboration platform, Quipu has revolutionized the way entrepreneurs and VCs collaborate and communicate with one another and their other stakeholders. For more information, visit www.QuipuApps.com.

Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase Quipu Applications, Inc. services should make their purchase decisions based upon features that are currently available. Quipu Applications, Inc. has headquarters in Lafayette, CA, and offices in Pennsylvania, New Hampshire, and in Asia. For more information please visit http://www.QuipuApps.com.