Eucalyptus Systems Debuts as Open Source Private and Hybrid Cloud Company

Benchmark Capital Leads Series A Financing to Launch Business Based on the
Popular Eucalyptus Open Source Cloud Platform
SANTA BARBARA, Calif.--(Business Wire)--
Eucalyptus Systems, Inc., creators of the leading open source private cloud
platform, today announced that it has closed a $5.5 million Series A round of
venture financing led by Benchmark Capital with BV Capital also participating.
The funding marks the launch of Eucalyptus Systems as a private company that
will build and service enterprise-grade products based on the Eucalyptus open
source private cloud software. Eucalyptus Systems` mission is to support the
open source Eucalyptus cloud platform and to deliver on-premise private and
hybrid cloud computing solutions for large-scale enterprise deployments.

"Eucalyptus Systems will ensure the viability and growth of Eucalyptus well
beyond its life as a university research project, while also extending the
technology to meet the needs of organizations that require high scalability,
reliability, and enterprise-grade support," said Dr. Rich Wolski, Eucalyptus
Systems co-founder, CTO and former director of the Eucalyptus research project
at the University of California, Santa Barbara (UCSB). "Eucalyptus Systems will
enable businesses of any size to leverage their own IT resources to get the
benefits of cloud computing without the concerns of lock-in, security ambiguity,
and unexpected storage costs that can be associated with public clouds."

Eucalyptus is an open source software infrastructure for implementing on-premise
cloud computing using an organization`s own information technology (IT)
infrastructure, without modification, special-purpose hardware or
reconfiguration. Eucalyptus turns data center resources such as machines,
networks, and storage systems into a "cloud" that is controlled and customized
by local IT. Moreover, a local cloud based on Eucalyptus adds capabilities such
as end-user customization, self-service provisioning, and legacy application
support to data center virtualization features, making IT customer service
easier, more fully featured, and less expensive.

Eucalyptus is the only cloud architecture to support the same application
programming interfaces (APIs) as public clouds, and today Eucalyptus is fully
compatible with the Amazon AWS public cloud infrastructure. The Eucalyptus
design gives users the flexibility to seamlessly move applications from
on-premise Eucalyptus clouds to public clouds, and vice versa. Eucalyptus also
makes it easy to deploy "hybrid" clouds, which use public and private cloud
resources together to get the unique benefits of each. To assist customers with
setup, deployment, training, and support, Eucalyptus Systems has created the
QuickStart program, the ideal first step for organizations looking to partner
with Eucalyptus experts on critical cloud infrastructure initiatives.

"We are excited to partner with Benchmark Capital as we launch Eucalyptus
Systems," said co-founder and CEO Woody Rollins. "Benchmark has a history of
successful collaboration with open source companies, and we are pleased that
Eucalyptus Systems will join MySQL, Xen, and Zimbra as a Benchmark company."

"Eucalyptus Systems is a pioneer in open source cloud computing, bringing
together some of the industry`s most promising technologies to enable major IT
cost savings and efficiencies," commented Kevin Harvey, general partner at
Benchmark Capital. "The Eucalyptus management team includes some of the most
accomplished and experienced engineers in the field of cloud computing, and I
look forward to working with them as they bring the benefits of secure, private
cloud computing to the enterprise."

Eucalyptus Management Team

The Eucalyptus management team includes Co-founder and CEO Woody Rollins,
Co-founder and CTO Dr. Rich Wolski, Vice President of Sales and Marketing Matt
Reid, and the team of Ph.D. computer science engineers from the Eucalyptus
project at UCSB. In addition, Andreas Von Blottnitz,former CEO of AOL Europe and
Citrix Online, is chairman of the board, and Dr. Klaus Schauser,founder of
AppFolio and founder and CTO of Citrix Online, is serving as an advisor.

Note to editors: Digital images of the Eucalyptus management team are available
upon request. Please contact Lisa Sheeran at Sheeran@earthlink.net.

The Emerging Standard for Private and Hybrid Cloud Computing

Eucalyptus, which is an acronym for "Elastic Utility Computing Architecture for
Linking Your Programs to Useful Systems," is quickly becoming an industry
standard for private and hybrid cloud computing. To date, Eucalyptus has been
downloaded over 14,000 times in 72 countries. In addition, Eucalyptus software
is the cloud computing engine behind the Ubuntu Enterprise Cloud (powered by
Eucalyptus), which was recently announced as part of the popular Ubuntu Linux
distribution. Eucalyptus will ship with every copy of Ubuntu, starting with the
Ubuntu 9.04 Server Edition, made available on April 23.

About Eucalyptus Systems, Inc.

Eucalyptus Systems develops enterprise-grade technology solutions built on the
open source Eucalyptus software for private and hybrid cloud computing.
Originally developed as part of an academic research project, Eucalyptus
technology is quickly becoming the standard for on-premise cloud computing,
delivering the cost efficiencies and scalability of cloud architecture with the
security and control of deploying on an organization`s own IT infrastructure.
Eucalyptus Systems` mission is to support the open source Eucalyptus platform
and to deliver private and hybrid cloud computing solutions for large-scale
enterprise deployments. For more information about Eucalyptus, please visit
http://www.eucalyptus.com.

Eucalyptus and Eucalyptus Systems are pending trademarks in the U.S. All other
trademarks are property of their respective owners. Other product or company
names mentioned may be trademarks or trade names of their respective companies.

Sheeran/Jager Communication for Eucalyptus Systems
Lisa Sheeran, 510-724-2267
press@eucalyptus.com

Copyright Business Wire 2009