Company establishes Silicon Valley and Seattle offices and names Mark Canepa to Board of Directors

PALO ALTO, Calif., Dec. 15 — GreenButton, a New Zealand-based software company specializing in high performance cloud computing, today announced it has officially created a separate subsidiary in the United States opening offices in Palo Alto, California, and Seattle, Washington, to support the expansion of its technology business in the US. Additionally, the company has announced the appointment of Mark Canepa to its board of directors.

"Our presence in Silicon Valley and Seattle is critical to our success – both are large, diverse and highly literate technology communities," said Scott Houston, CEO of GreenButton. "This set of moves is in response to the increased demand for our services by both ISV's and their users in the US market. We are growing organically and intend to 'follow the sun' to serve our clients better and having the US-based offices gives GreenButton the opportunity to provide 'always on, always available' sales and technical support to our customer base in the US."

The GreenButton platform acts as a personal supercomputer, giving software vendors, the enterprise, and end users an end-to-end solution for the cloud market. It enables the managed transition from the desktop or offlineworld to the online world, ensuring that both the software vendors and software user gain cloud benefits with minimal risk and effort. The GreenButton model allows ISVs to leverage their investment in high end desktop software.

GreenButton currently offers solutions for digital media rendering, oil and gas, bio-informatics, manufacturing and financial services markets. Earlier this year GreenButton was recognized as a leader in cloud computing by winning Microsoft's "2011 Windows Azure Platform ISV Partner of the Year Award" and also New Zealand "Software Exporter of the Year" at the 2011 Microsoft Partner of the Year Awards.

"Cloud computing has the potential to enable scientists and engineers to achieve greater levels of insight and innovation, by providing access to computational tools beyond what they can afford or manage internally," said Addison Snell of Intersect360 Research. "These high-performance computing users already spend over half a billion dollars per year worldwide for resources on public clouds, and we expect consumption will exceed $1 billion by 2015."

New Appointee to Board of Directors GreenButton also announced theappointment of industry veteran, Mark Canepa, to the Board of Directors for the US subsidiary. Mark is the former chief executive officer of Extreme Networks. Prior to that position he was Executive Vice President of the Data Management Group for Sun Microsystems. He was with thecompany for ten years, having joined Sun in October 1996 and rising to his position as Executive Vice President five years later in 2001. He served in multiple vice president and general manager roles in the organization during his tenure at the company. Previously Mark held several general manager positions in Hewlett-Packard, including development and marketing of the firm's workstation division.

"Cloud Computing is changing the dynamics of the IT industry and GreenButton is leading the enablement of cloud applications," said Mr. Canepa. "GreenButton is ideally positioned to accelerate the adoption of enterprise cloud computing, while simultaneously improving access to critical information. I look forward to working with GreenButton's management team and helping them capitalize on what is a very large and growing market opportunity."

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About GreenButton

GreenButton, an award winning global software company that specializes in high performance cloud computing. The company provides a cloud platform for development and delivery of software and services that enables independent software vendors (ISV's) to move to the cloud and for their users to access cloud resources. GreenButton delivers on the promise of rapid application development to enable companies to focus on application innovation rather than the software and infrastructure behind it. GreenButton abstracts high performance computing (HPC) workloads from the desktop application and runs these jobs on the Cloud at the push of a button. GreenButton is offered as both a hosted service and as a licensed platform.

ISVs and Resellers can leverage the GreenButton Partner Programs, making it easy to develop and deploy cloud business applications under any brand or identity using either the GreenButton Hosted Cloud or by deploying the GreenButton Private Cloud to dedicated or cloud servers of your choosing, or a hybrid mix.

GreenButton is Microsoft's 2011 Global winner for Windows Azure and 2011 ISV Partner of the Year. The company is dually headquartered in Wellington New Zealand and Palo Alto, Calif., with a sales office in Seattle, Wash. For more information, visit its website: www.greenbutton.com.

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Source: GreenButton