Virtual Hosted Desktop Vendor Leostream Raises $3 Million Series A Round

WALTHAM, MA, May 19 (MARKET WIRE) --
Leostream Corporation (www.leostream.com), a leading developer of Virtual
Hosted Desktop software, today announced it has raised US$3 million in a
first round of venture capital funding led by Meakem Becker Venture Capital
of Pittsburgh, PA (www.mbvc.com). Leostream will use the proceeds from its sale
of
Series A shares for the expansion of sales and marketing.

"Leostream has been shipping virtualization-related products since 2003,"
said
Leostream CEO Michael Palin. "We are well-positioned as a connection broker for
Hosted Desktops, supporting Virtual Machines, Physical Machines, and Terminal
Services. Working with Meakem Becker allows us to add sales and marketing
resources and expand our reseller channel globally to better serve our customers
and partners."

Leostream customers include Avaya, Bell Canada, Commerzbank, The Mayo
Clinic,
Samsung, the US Patent and Trademark Office, and 100 other organizations in
multiple industries.

Leostream Technology

Leostream Connection Broker software enables organizations to manage user
access to computing resources such as Virtual Hosted Desktops, Physical
Machines,
and Terminal Services. It provides the production-proven, scalable,
fault-tolerant
management layer required by organizations to implement and enforce business
policy for Hosted Desktops. Connection Broker is vendor-agnostic and manages
connections between a range of client and back-end systems. Supported client
devices include: Devon IT, IBM, IGEL, Microsoft Windows (2000, XP, XPe, Vista
32- and 64-bit), Sun, and Wyse. Back-end support includes: Microsoft Terminal
Services, Physical Machines, and VMware. Connection Broker supports the
following
remoteviewer protocols: Teradici PCoIP, HP RGS, Radmin, RDP, Sun ALP, and VNC.
SSL
VPN support includes Cisco, F5, Juniper, and Sonicwall.

Leostream Connection Broker is a Virtual Appliance for VMware's ESX
server.It enables connection of the widest range of back-end systems and
clients, and
supports industry-standard remote viewer and security protocols. Connection
Broker
also provides a rich feature set for defining user and machine policies,
including pooling and provisioning Hosted Desktops, defining "Session
Stickiness"
for users, and defining policies based on User ID, location or type of
client.

Industries ranging from hospitals and healthcare to software development
have used
Connection Broker to derive the most value from their virtualization
implementations -- maximizing the benefits of centralized management and control
of
data and applications; security; scalability for cost-effective expansion,
and failover for High-availability.

The product has been proven to scale globally to tens of thousands of
usersand is capable of providing uninterrupted service in a wide variety of
disaster recovery scenarios.

Specialist IT Distributor, DNS Arrow, identifies Leostream as a key
elementin their recent success in the Hosted Desktop space. "Leostream has been
a
strategic technology partner for DNS Arrow," says Raj Mehta, Divisional
Director,
Access and Virtualisation, DNS Arrow. "Their Connection Broker software has
proven to be a pivotal element -- enabling dozens of our channel partners'
customers to deploy Hosted Desktop implementations."

For more information visit www.connectionbroker.com

About Leostream Corporation

Leostream (www.leostream.com) is a vendor-agnostic software company that has
been a driver in the evolving virtualization space. With its Connection Broker
product, Leostream provides the most complete solution for organizations to
manage the Hosted Desktop.

Visit www.leostream.com or contact sales@leostream.com. Leostream Corp., 411
Waverley Oaks Road, Suite 316 Waltham, MA 02452. Tel. (781) 577 9584.

All company and product names are property of their respective owners.

Press Contact:
Victor Cruz
Tel. 401-808-6264
vcruz@mediapr.net

Kate de Bethune
Marketing Director
Leostream, Inc.
Tel. 781-577-9584
kdebethune@leostream.com

Copyright 2008, Market Wire, All rights reserved.

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