REYKJAVIK, Iceland, June 26 — GreenQloud, the first carbon neutral TrulyGreen public compute cloud and data storage service, today announced several organizational changes including the appointment of Bala Kamallakharan to Chief Executive Officer, replacing Founder and former CEO, Eirikur Hrafnsson, who will transition into the role of Chief Global Strategist. Gisli Kristjansson will assume the role of Chief Financial Operating Officer. GreenQloud also announced a new hire, Paula Gould, who will serve as Chief Marketing Officer.

GreenQloud is tackling the growing "dirty data" problem in IT and data storage globally by offering carbon neutral cloud Infrastructure as a Service (IaaS) solutions powered exclusively by renewable energy sources. GreenQloud, with their primary data center facility at Verne Global, is capitalizing on Iceland's key geographic position, unique infrastructure of abundant renewable power and naturally cool climate to provide clean cloud solutions with world class customer support at competitive price points. For example, GreenQloud is compatible with the Amazon EC2 and S3 Web Services.

"I chose Bala for the CEO position and Paula for the CMO position because I truly believe that their respective backgrounds in diverse markets worldwide and demonstrated success in guiding startups will be instrumental in GreenQloud's ability to reach its potential on a global scale," said GreenQloud Founder and CGS, Eirikur Hrafnsson.

The new executive hires and restructure position GreenQloud for greater growth within the Iceland IT industry as well as the global IT market. "Experienced in investments, global business and with a depth of history in technology and management consulting, Bala Kamallakharan brings to GreenQloud the leadership necessary to meet our objectives as we enter the next stage in the company's development," said Chairman of the Board, Gudmundur Ingi Jonsson.

"As more data is stored and processed online, the Information Technology industry is quickly contributing to global carbon emissions, which McKinsey & Company recently estimated will increase to 4% by 2020. GreenQloud is augmenting cloud-based service efficiency with sustainability. GreenQloud believes that world class cloud-based, easy-to-use services can be delivered at competitive prices while simultaneously reducing a company's overall carbon footprint. I believe the solutions and team we have assembled for GreenQloud is well positioned to disrupt the cloud-based services business, and I am really excited to be part of this journey," says GreenQloud CEO, Bala Kamallakharan.

In addition to providing energy and cost effective cloud solutions to SMBs, GreenQloud provides customers with live energy metrics and carbon savings reports to incorporate into their own sustainability programs.

By working with academic, scientific communities and university networks, GreenQloud is developing means to deliver less expensive and deeply integrated high performance computing (HPC) cloud services.

About GreenQloud

GreenQloud offers carbon neutral TrulyGreen cloud computing virtual servers and data storage (IaaS) that companies or individuals can lease at highly competitive prices. GreenQloud services such as ComputeQloud and StorageQloud feature an easy-to-use, self-service web console and advanced API controls for full automation of IT services.

GreenQloud was founded in 2010 and is privately funded by Icelandic investors. The company has won several Icelandic government grants such as the technology grant from Rannis (The Icelandic Centre for Research). Verne Global is the primary data center facility for GreenQloud. In 2011, Gartner chose GreenQloud as a Cool Vendor in Green IT and Sustainability. For more information, visit GreenQloud.com.

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Source: GreenQloud