SOURCE: Virtual Iron Software

August 18, 2008 13:56 ET

Virtual Iron Software Named Finalist for 2008 Massachusetts Technology Leadership Award

Emerging Server Virtualization Provider Nominated for Private Sector Company of the Year

LOWELL, MA--(Marketwire - August 18, 2008) - Virtual Iron Software (www.virtualiron.com), a provider of comprehensive server virtualization solutions for organizations of all sizes, has been nominated for Private Sector Company of the Year by the Massachusetts Technology Leadership Council. The annual Technology Leadership Awards honor Massachusetts' companies and individuals who best exemplify leadership and excellence in business and technology. The Awards recognize outstanding achievement in both the development and deployment of information technologies that address critical business issues.

Industry experts expect server virtualization software sales to grow as high as to $7 billion in 2011. Current penetration of virtualization on installed x86 servers is estimated at just 6-8% today as user adoption has been hindered by the complexity and high price of established commercial solutions. By delivering comprehensive, easy-to-use and easy-to-afford capabilities, Virtual Iron is addressing a huge gap in the server virtualization market and has quickly positioned itself as the leading solution for the untapped mainstream market. The company offers a true server virtualization solution that incorporates comprehensive and intelligent virtual infrastructure control with essential capabilities such as LiveMigrate™ for virtual server migration, LiveRecovery™ for disaster recovery and high availability, LiveCapacity® for dynamic CPU resource load balancing, LiveMaintenance™ for offline server maintenance without downtime, and LivePower™ for automated power usage optimization.

"The Mass Technology Leadership Council is committed to fostering entrepreneurship and promoting the success of companies that develop and deploy technology across industry sectors, and these awards are an important part of this effort," said Tom Hopcroft, executive director of the Mass Technology Leadership Council. "These honorees represent the spirit of innovation, the history of accomplishment and the future promise that define the Massachusetts technology community."

More than 160 submissions were received during the open nomination process. The Council's Board of Trustees selected the finalists and a separate group of judges will determine the final winners. The winners will be announced at the Fall Awards Gala, October 23, 2008, at the Sheraton Boston. For more information, visit www.masstechleaders.org.

About The Mass Technology Leadership Council, Inc.

The Mass Technology Leadership Council, Inc. is the only association that addresses the critical leadership issues of innovative software and technology-enabled companies. Formed by the combination of Massachusetts Software Council and New England Business and Technology Association, Inc., the organization is dedicated to fostering entrepreneurship and promoting the success of companies that develop and deploy technology across industry sectors. The Mass Technology Leadership Council conducts educational programs, hosts industry events, facilitates networking, sponsors research, advocates in favor of technology policies that promote innovation, entrepreneurship and competition, and recognizes industry-leading companies and people.

About Virtual Iron Software, Inc. -- True Server Virtualization for Everyone

Virtual Iron provides server virtualization software that reduces the cost and complexity of operating and managing IT infrastructure for organizations of all sizes. Leveraging industry standards, open source, and built-in hardware-assisted acceleration, Virtual Iron provides a complete and cost-effective solution including VI-Center, an intelligent virtual infrastructure management platform. Over 2,000 customer organizations worldwide leverage Virtual Iron today to support a broad range of data center initiatives including server consolidation, virtual server management, dev/test optimization, business continuity and virtual desktop infrastructure (VDI) enablement. The software is available exclusively through Virtual Iron's Channel One partner network. Trial versions of the software are also available for free download at www.virtualiron.com/free. For more information, visit www.virtualiron.com or e-mail info@virtualiron.com.

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