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VKernel Completes Successful Inaugural Year in Virtualization Systems Management Market

Closes 2008 with 164% revenue growth in Q4 and more than 100 customers for the year

PORTSMOUTH, N.H., January 13, 2009 — VKernel Corporation, a provider of easy–to–use and quick–to–deploy management tools for dynamic data centers, today announced that the company closed out a very successful initial year in 2008 by increasing revenue in the fourth quarter by 164 percent. Additionally, VKernel ended the year with more than 100 revenue–generating customers of its virtualization systems management solutions.

“We had a tremendous first year that started with our initial round of funding and culminated with a great roster of customers and fantastic revenue growth,” said Alex Bakman, founder and CEO of VKernel. “Even as the economy slumped in the second half of the year, VKernel still thrived and gained momentum. Our team worked extremely hard to develop products the market needs, generated a lot of buzz and demand, and built a strong brand in this marketplace. Those efforts, along with the acknowledged value of virtualization technology, drove our success.”

Significant 2008 highlights included:

  • $4.6 million Series A funding in February from Polaris Venture Partners and Hummer Winblad Venture Partners
  • Shipped Capacity Analyzer v.1.0 in April (now shipping v.3.0)
  • Launched free “Google-like” search utility, SearchMyVM in September
  • Introduced Modeler 1.0 Beta in September
  • Updated Chargeback 1.4 in October
  • Launched CompareMyVM (www.comparemyvm.com) community website
  • Over 8,000 products downloaded

The VKernel systems management suite is a set of innovative, “plug–and–play” virtual appliances designed to quickly address real world systems management challenges with advanced predictive analytics as organizations migrate to virtual data center environments. Affordably priced and immediately downloadable, VKernel products enable IT groups to immediately solve today’s critical pain points by providing visibility into the capacity and resource consumption of virtual machines. VKernel’s suite of products includes:

  • Chargeback — provides cost visibility and quickly implements chargeback processes
  • CapacityAnalyzer — proactively monitors and predicts capacity resource utilization to prevent current and future problems
  • Modeler — quickly tests and validates additions and changes to see the impact on the environment before going live
  • SearchMyVM — free “Google–like” search utility to find information in virtual environments
  • CompareMyVM (http://www.comparemyvm.com) — a free community website tool that allows visitors to exchange and compare VMware ESX Server virtual machine (VM) resource allocations with that of the community at large

About VKernel Corporation
Based in Portsmouth, NH, VKernel is dedicated to developing best–of–breed management tools for dynamic data centers that enhance performance, optimize utilization, and lower costs. As a member of VMware’s Technology Alliance Program, VKernel offers the industry’s only VMware certified Suite of Virtual Appliances for proactively monitoring capacity, predicting problems, chargeback, and cost visibility. In February 2008, VKernel received an initial funding round of $4.6 million from Hummer Winblad Venture Partners and Polaris Venture Partners. For more information, visit http://www.vkernel.com.