Platform Solutions Inc. Closes Series C Round of Funding

SUNNYVALE, CA, Nov 27 (MARKET WIRE) --
Platform Solutions, Inc. (PSI), developer of Open Mainframe(TM) Servers,
today announced it has received an additional round of investment funding from
Blueprint Ventures, Goldman Sachs, Intel Capital, InterWest Partners,
InvestCorp and Microsoft Corp.

The Series C round of more than $37 million provides PSI with capital to
expand engineering, sales, and marketing resources for its line of Open
Mainframe servers designed for enterprise datacenters. PSI System64(TM) product
line
is unique in its ability to consolidate z/OS(R), Windows(R), and Linux(R)
operating
system in one secure and highly reliable operating environment based on Intel(R)
Itanium(R) 2 processor technology.

"PSI was established with the goal of bridging the legacy mainframe and open
computing environments in a unified server platform in order to give customers
and the industry a true choice in mainframe platforms," said Michael Maulick,
President and CEO of PSI. "This new round of funding enables PSI to accelerate
development of our open mainframe computing technology and expand our capability
for enterprise datacenter deployments."

PSI also announced that it will enter into a joint sales agreement with
Microsoft to promote Windows Server technology to enterprise customers operating
in
a mixed mainframe and server environment.

"The new round of funding marks a major milestone for PSI," according to
George Hoyem, a member of PSI's board of directors and managing partner of
Blueprint Ventures. "PSI has successfully introduced a truly innovative
alternative to today's traditional, proprietary mainframe datacenter,
whichallows users to optimize their deployment of IT resources," Hoyem said.
"With
this new round of funding, PSI is now in a very strong position to help
customers virtualize their overall server computing requirements. With PSI, they
can
consolidate the broadest set of data and workloads seamlessly within the same
system."

About PSI

Platform Solutions, Inc. develops Open Mainframe Computers(TM) compatible
with the
broadest set of datacenter environments and operating systems. The new PSI
systems are based on proven systems architecture spun-off from Amdahl
Corporation and industry standard Dual-Core Intel(R) Itanium(R) 2 processor
technology, and provide customers true choice and flexibility in mainframe
computing. Based in Sunnyvale, Calif., the privately held company was launched
in
2003 and is funded by Blueprint Ventures, Goldman Sachs (NYSE: GS), Intel
Capital (NASDAQ: INTL), InterWest Partners, InvestCorp (LSE: INVBQ) and
Microsoft
Corp. (NASDAQ: MSFT). For more information, visit www.platform-solutions.com.

Contacts
Christian Reilly
Platform Solutions, Inc.
408.720.3534

Rich Moore
New Venture Communications
415.608.7441

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