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Press Release - September 15, 2015

Velocity Technology Solutions Ranked Among Top 100 Cloud Services Providers

5th Annual Talkin’ Cloud 100 Report Identifies
World’s Top Cloud Computing Companies in the IT Channel

CHARLOTTE, NC (September 14, 2015) - Velocity Technology Solutions ranks among the world’s Top 100 Cloud Service Providers (CSPs), according to Penton’s fifth-annual Talkin’ Cloud 100 report. The Top 100 CSPs generated more than $30 billion in combined cloud services revenues in 2014, up nearly 29 percent over what they reported the previous year. The full report is available now by visiting http://www.talkincloud.com/tc100.

"We are honored to be named among the top 100 cloud services companies in the world," said Keith Angell, President & CEO of Velocity Technology Solutions. "We are proud to be named alongside industry leaders like Google, IBM and Amazon."

The Talkin’ Cloud 100 list is based on data from Talkin’ Cloud’s online survey, conducted from January through May 2015. The Talkin’ Cloud 100 list recognizes top cloud service providers based on such metrics as annual cloud services revenue growth (both in actual dollars and in percentage growth rates), and input from Penton Technology’s Channel editors. Velocity partners, including Oracle (#5) and SAP (#7) ranked alongside Velocity on the list.

“On behalf of Penton and Talkin' Cloud, I would like to congratulate Velocity Technology Solutions for its recognition as a Talkin' Cloud 100 honoree," said Nicole Henderson, Editor in Chief, Talkin' Cloud. “The industry is changing at a rapid pace and the Talkin’ Cloud 100 companies consistently demonstrate an agility and flexibility that sets them apart. They do so with innovation, via strategic partnerships, and through their commitment to providing superior customer experiences.”

Talkin’ Cloud, produced by Penton, is the go-to resource for CSPs, VARs and MSPs profiting from cloud computing. Talkin’ Cloud features news, research, Channel Expert Hour Webcasts, FastChat videos and more. It is the first online media destination for channel partners working in the cloud.

About Velocity Technology Solutions

Velocity Technology Solutions (www.VelocityCloud.com) is a global leader in enterprise and business application hosting services, which are fully managed and protected within Velocity cloud. The company’s business is focused in three areas: Cloud Hosting / Managed Services; Professional Services / Consulting; and Big Data / Data Analytics. Velocity’s expertise managing software 24/7, combined with its proprietary infrastructure design and cloud management platform, support the availability, security and control over software. Velocity is headquartered in Charlotte, NC with facilities in North America, Europe and Asia. Velocity is a portfolio company of Silver Lake Sumeru, a global leader in private equity investments in growth-oriented technology and technology-enabled companies. For additional information on the firm and its entire portfolio, visit www.silverlake.com.

About Penton’s channel brands

Penton’s channel brands (www.penton.com), define emerging IT markets and disrupt established IT markets. The brands’ channel-centric online communities include MSPmentor (www.MSPmentor.net), The VAR Guy (www.TheVARguy.com), Talkin’ Cloud (www.TalkinCloud.com) and the WHIR (http://www.thewhir.com).

About Penton

Penton drives performance for more than eighteen million professionals each and every day. They rely on us to deliver: Insights, information, data & workflow tools to inform critical business decisions; networking & community to engage them with industry peers & partners; and marketing services to advance their business performance & deliver ROI.

Penton is a growth company with a track-record of strong performance and success and is backed by its co-owners: MidOcean Partners and U.S. Equity Partners II, an investment fund sponsored by Wasserstein & Co., LP.

For additional information on the company and its businesses, visit www.penton.com.

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Contacts:

Don Kintner
Communications Manager
Velocity Technology Solutions
704-594-8611
donald.kintner@velocitycloud.com

Penton:

Nicole Henderson
Editor in Chief
Talkin’ Cloud
nicole.henderson@penton.com