Queplix

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Queplix Unveils QueCloud Platform; Company Receives Funding from Javelin Venture Partners, Hires Mark Cashman as CEO, Kevin Brown Joins Board

VMworld Conference, San Francisco, CA – August 31, 2009 – Queplix™ Corp. today unveiled its QueCloud™ platform, designed to accelerate migration of enterprise applications to private and public cloud infrastructures. The company also announced that it has closed a $1.5 million Series A investment from Javelin Venture Partners to expand its cloud computing and enterprise search offerings. Additionally, Mark Cashman has been named as CEO of the company, and Silicon Valley veterans Kevin Brown and Carl Wright have joined the company's Board of Directors and Advisory Board, respectively.

"Queplix fills two critical IT needs -- accelerated migration of legacy applications to the cloud, and secure access to structured data across legacy, SaaS, and cloud environments," said Noah Doyle, Managing Director at Javelin Venture Partners. "We were impressed with the team's enterprise application expertise, and the fact that they have bootstrapped a substantial business with two market-leading products and multiple Fortune 500 customers."

Mark Cashman brings a wealth of enterprise computing experience to Queplix as the company's new chief executive officer. Prior to joining Queplix, Mr. Cashman served as Vice President of Business Development at Agito, a leading provider of enterprise mobility technology. He has served in management roles at IBM, GoRemote, and Fiberlink, and received a BS in Management and Marketing from the Krannert School of Management at Purdue University. The company also named Kevin Brown, former CEO of Kidaro, to the Board of Directors, and named Carl Wright, Senior Vice President at InstallFree and former Chief Information Security Officer of the U.S. Marine Corps, to the company's Advisory Board. (See separate release)
"Enterprises see massive benefits in SaaS and cloud computing, but they need help migrating their existing applications to run in these environments," said Mark Cashman, CEO of Queplix. "Queplix provides a unique platform to rapidly move mission-critical applications and information into a modern infrastructure, while at the same time enabling universal and secure search access to enterprise data across private and public clouds."

QueCloud: Accelerating Cloud Adoption

The new QueCloud platform builds upon the company's widely deployed third-generation QueWeb platform for legacy application migration. QueCloud enables customers to rapidly extract structured data, business logic, and security access controls, and publish cloud-ready applications to private or public cloud infrastructures. For private cloud deployment, QueCloud applications can run standalone or in popular virtual machine formats such as VMware ESX and XenServer. For public cloud deployment, QueCloud enables publishing of a dynamic web-based application to the Amazon Web Services EC2 platform.

Queplix customer Dyadem, the market leader in Operational and Quality Risk Management, helps process and discrete manufacturers ensure safety and quality in their designs, their processes and their finished products. Its popular Stature platform provides a centralized and standardized way for an enterprise to track quality performance and risk. This allows greater operational transparency and inter-departmental communication so that problem resolution is expedited and repeat mistakes are minimized. Dyadem has deployed QueCloud to back-office applications across a "hybrid cloud" architecture which includes internal applications, customer-facing Web applications, and software-as-a-service (SaaS) applications from Salesforce.com allowing Dyadem to provide superior support and self-service offerings to its customers, and enabling Dyadem to achieve increased productivity.

"Dyadem's business and our customers rely on knowledge-driven approaches to improve our customers' Operational and Quality Risk Management requirements. Queplix's QueCloud product offering allows us to serve and interact with our customers much more effectively and efficiently," said Michael Hsu, Manager of Application Support at Dyadem. "Queplix provided us with an innovative approach and key metrics that give us real-time data to implement continuous improvement on our customer support operation, contributing to our award-winning performance. For example, Dyadem was named as a Finalist in the Front-Line Customer Service Team of the Year category in the 2009 Stevie Awards for Sales & Customer Service."

The QueCloud 3.2 platform, with private cloud support, is shipping and available immediately. The QueCloud 3.5 platform, including advanced support for VMware and Amazon EC2 platforms, is in private alpha testing with customers, and expected to be available in the fourth quarter.

About Queplix Corp.

Queplix enables enterprises to rapidly modernize their applications to take advantage of flexible cloud computing architectures. By radically improving customers' access to their data, the company's QueCloud™ and QueSearch™ solutions help companies reduce costs, increase operational efficiency, and strengthen customer relationships. Queplix is trusted by many of the world's leading enterprises, in sectors including retail, manufacturing, telecommunications, energy, software, and healthcare. Please visit www.queplix.com for more information.

About Javelin Venture Partners

Javelin Venture Partners is an early stage venture capital firm specializing in technology based start-ups that leverage key innovations to create scalable, high-growth companies. The firm's investment professionals are proven new technology entrepreneurs with the ability to identify exceptional businesses and management teams, and help them achieve great success. Based in San Francisco, CA, Javelin Venture Partners operates with the culture of a start-up and with an emphasis on being a true partner to entrepreneurs. For more information, visit www.javelinvp.com.

For more information, please contact:
Kevin McLaughlin
Resound Marketing
609-279-0050 x102
[email protected]

© Queplix Corp. 2009. Queplix, QueSearch, QueWeb and QueCloud are trademarks of Queplix Corp. All other marks referenced are the property of their respective owners.