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News & Press: Colorado Technology Industry

Ajubeo, a cloud Infrastructure-as-a-Service provider, announced official launch of Denver Hub

Wednesday, May 23, 2012   (0 Comments)
Posted by: Catharine Lurie
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DENVER, CO – MAY 23, 2012 - Ajubeo, a national provider of enterprise-class cloud
Infrastructure-as-a-Service (IaaS), today announced the official launch of its high-performance
cloud platform with its Denver, Colorado Cloud Hub fully operational. Ajubeo is backed by Grey
Mountain Partners, a Boulder-based private equity firm with more than $400M of assets under
management. The Ajubeo IaaS platform enables IT delivery as a service that transitions
departmental spend from CAPEX to OPEX and offers on-demand provisioning of fully integrated
and elastic compute, storage, and network resources. The company’s Global Cloud Mesh
includes additional hubs in New York and London planned for completion in Q4 of 2012.

Ajubeo markets to the largest possible demand base with retail, wholesale, and private label
cloud infrastructure options. Customers benefit from a more cost-effective and efficient way to
implement enterprise applications such as Microsoft Exchange and Sharepoint as well as
production ERP and SaaS applications. Additionally, the MyAjubeo cloud management portal
provides customers secure, unlimited role-based cloud access via a user-friendly interface,
enabling them to create and report on virtual machines, workflow automation and workload
balancing with minimal training. The business and architectural agility created by Ajubeo’s
flexible cloud infrastructure allows IT executives to execute on corporate objectives faster,
making their businesses more competitive with a increased speed-to-market.

"Ajubeo’s inspiration came from challenges we experienced first-hand while leading enterprise
IT departments for some of the most regulated organizations in the world,” said Chuck Price,
chief executive officer and co-founder of Ajubeo. "Our mission is to provide today’s IT
executives and architects with real, enterprise-scale security, performance and agility by starting
with an in-depth assessment of their current environment and take into account their businesses
vision for the future. We then work with them to configure an ideal cloud platform that is tailored
to their needs using Ajubeo’s enterprise-class, secure, elastic and integrated resource pools.”

The Ajubeo cloud platform is architected to improve the performance, reliability and TCO of IT
delivery. The company uses the latest technology from VMware, NetApp, Fortinet, and Brocade
as well as tier 1 carriers and Internet service providers. Custom-built high-density compute
technology from sgi minimizes Ajubeo’s data center footprint, creating a built-in cost-savings
that is passed on to customers. Ajubeo confidently backs its enterprise-class IaaS with a 100%
Cloud SLA that offers a full day’s worth of credits for any failure in service.

"Ajubeo is the next generation of IaaS, built by CIO’s for CIO’s,” said Tom Whitcomb, Ajubeo
chief technology officer. "We have the technology, security, compliance and reliability that
positions Ajubeo among the industry elite, but we take it a step further. From the top down,
Ajubeo is dedicated to helping our customers demonstrate more IT value than ever before,
transforming the way information technology is perceived at their respective organizations. That
is the power of Ajubeo’s Global Cloud Mesh.”

The Ajubeo management team is comprised of executives with 100+ years of experience. Cofounders
Chuck Price and Tom Whitcomb possess executive IT experience from TD
Ameritrade, Fiserv, CoreSite Realty Corporation, Department of Defense contractors, military
agencies and Web 2.0 firms. Cumulatively, the Ajubeo team has more than 60 years of
enterprise IT experience.

Ajubeo will host a private event this evening at Sports Authority Field at Mile High in
commemoration of the corporate launch. Sponsored by FORTRUST data centers, CDW,
DatAvail, and EstesGroup, the event will raise money for KidsTek and STEM School and
Academy as well as feature guest presentations from Sherri Hammons, chief technology officer
for the State of Colorado, Steven Foster, president of the Colorado Technology Association and
Bill Weeks, president emeritus of the Colorado Chapter of the Society for Information
Management (SIM) and chief information officer at Square Two Financial.

ABOUT AJUBEO
Ajubeo is a national provider of enterprise-class cloud infrastructure-as-a-service (IaaS),
founded by career information technology executives with more than 60 years of
enterprise IT experience. Discerning organizations select Ajubeo for the increased business and
architectural agility that comes from flexible, high-performance cloud infrastructure built to
handle the scale, integration and compliance of today’s enterprises. Ajubeo backs its cloud
services with a 100% SLA and corporate commitment to customer satisfaction. Cloud hub
locations include the world’s most reliable and connected data centers in Denver, New York,
and London, accessible via secure, private network connections from anywhere in the world.
For more information, please visit www.Ajubeo.com.

AJUBEO MEDIA CONTACT
Mark Jobson
Vice President, Marketing
Mark.Jobson@Ajubeo.com
+1 303.359.5452

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