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Cloud Cruiser Names Industry Veteran Nick van der Zweep as VP of Products and Strategy

Roseville, CA — August 30, 2012 — Cloud Cruiser the leader in cloud cost intelligence software, today announced that Nick van der Zweep has joined Cloud Cruiser as VP of Products and Strategy. In this capacity, Nick will be responsible for product strategy and roadmap for Cloud Cruiser's enterprise chargeback solution, as well as developing strategic partnerships.

Nick, a veteran of Hewlett-Packard with more than 17 years of service, most recently served as Senior Director of Business Strategy for the Industry Standard Servers and Software organization. In this role, he pioneered innovative offerings in virtualization and cloud technology on behalf of HP's Enterprise Business, such as the Virtual Server Environment, Matrix Operating Environment and HP CloudSystem.

"To have a seasoned professional of Nick's caliber and experience join the Cloud Cruiser team is a validation of our company's leadership in an emerging market." said Dave Zabrowski, Founder and CEO of Cloud Cruiser. "Nick is widely recognized as an industry thought leader in cloud computing and brings a rich background in strategic planning and product management that will enable Cloud Cruiser to accelerate our leadership position in cloud cost management."

"This is an exciting time to be joining Cloud Cruiser," stated Nick. "Cloud computing is at the cusp of a major explosion in spending and the market demand for enterprise chargeback and cost management capabilities is rapidly increasing. I look forward to leading Cloud Cruiser's team in the development and execution of new product capabilities to meet evolving market requirements and to further expanding our strategic relationships."

Cloud Cruiser is an HP AllianceONE partner and currently offers its cost analytics platform for the full suite of HP CloudSystem and Cloud Service Automation offerings which can be purchased through HP partners, Seamless Technologies and Pepperweed Consulting. More information can be found at www.cloudcruiser.com/hp or by emailing hp@cloudcruiser.com.

About Cloud Cruiser
Founded in 2010 by a seasoned executive team of datacenter experts, Cloud Cruiser is a venture-backed firm led by Wavepoint Ventures, a Silicon Valley-based early stage investor. Cloud Cruiser's cost optimization tools are designed specifically for Global 2000 companies transitioning from legacy architecture to multi-tenant cloud environments. With Cloud Cruiser, the Federal Government, large providers such as Microsoft, HP, Dell, Amazon, Google, Savvis, Rackspace and Nimbula will be able to cost optimize their entire extended infrastructures. For more information visit: www.cloudcruiser.com.

The Cloud Cruiser logo, product names and logos and combinations thereof, are trademarks of Cloud Cruiser Corporation, Inc. All other names are for informational purposes and may be trademarks of their respective owners.

CloudCruiser Contact:
Tom Price
The Bernard Group
Office: 512-327-2195
Cell: 512-415-7744
tprice@bernardgroup.com

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