SOURCE: WGI Holdings, Inc.

October 11, 2012 08:30 ET

WGI Holdings, Inc.'s Subsidiary -- MyBitCloud, Plans to Use Red Hat Enterprise's Virtualization Software

KEY GARDENS, NY--(Marketwire - Oct 11, 2012) - WGI Holdings, Inc. (PINKSHEETS: WGIH) -- MyBitCloud Inc. announced today that it plans to use Red Hat Enterprise Virtualization software in their Cloud computing solution.

Red Hat Enterprise Virtualization for Servers gives near-bare-metal and better-than-bare-metal performance, and industry-leading scalability for enterprise workloads. It allows for virtualization of even the most demanding application workloads with features, including:

  • Record-setting results on the industry-standard virtualization benchmark SPECvirt, including the highest overall performance and the highest number of performant VMs on a single server.

  • Support for the latest Intel and AMD server chipsets for superior consolidation and VM performance.

  • Up to between 95% and 140% performance relative to bare metal for real-world enterprise workloads like SAP, Oracle, and Microsoft Exchange.

  • More than 1 million messages per second on a single server with low latency.

  • Consolidation ratios of more than 400 VMs with enterprise workloads running on a single server.

Red Hat Enterprise Virtualization for Servers is built on the Red Hat Enterprise Linux® platform, trusted by thousands of organizations on millions of systems around the world for mission-critical workloads.

Significantly boost your capital and operational efficiency. It's easy with Red Hat® Enterprise Virtualization for Servers, our end-to-end server virtualization solution.

This choice will give us flexibility and more choices by being freed from vendor lock-in, decreased hardware and power costs, simplified management, reduced systems maintenance, increased scalability and performance, improved server utilization, and improved business agility.

"Red Hat Enterprise Virtualization not only will reduce our operational costs, but more importantly we hope it will make our business more agile to rapidly respond to our various business needs. We hope it will help us to build an ideal infrastructure platform for the future," said Kyle Bendford, CTO, MyBitCloud.

About WGI Holdings

WGI Holdings's goal through its operating subsidiary MyBitCloud is to become a leading provider of Personal & Business Cloud services that enable users and organizations to access ALL of their data, anytime, anywhere, and from any supported device.

MyBitCloud will enable users and organizations to have unlimited storage capability while also providing backup, synchronization, access and sharing capability of any file instantly and securely. More information can be found on our website:

About Red Hat

Red Hat®, the world's leading open source and Linux® provider, is headquartered in Raleigh, NC, with satellite offices worldwide. Red Hat is leading Linux and open source solutions into the mainstream by making high-quality, low-cost technology accessible.


This summary contains forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. These statements address future events and conditions concerning the Company's business plans. Such statements are based on management's current expectation and are subject to a number of factors and uncertainties, such as future economic conditions and changes in anticipated revenues and costs, which may cause actual results to differ materially. The Company expressively disclaims any future obligation or undertaking to update or revise any forward-looking statements contained herein. Investors and potential investors should independently investigate and fully understand all risks before making investment decisions.

Contact Information

  • For more information contact us at:
    Susan Millstone
    MyBitCloud Inc.
    Tel: 855-667-8786
    FAX: 855-433-4464