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Vkernel Gains Significant Momentum In The First Half Of 2009

PORTSMOUTH, N.H., July 7 /PRNewswire/ -- VKernel Corporation, a provider of affordable, easy-to-use, and quick-to-deploy virtualization management and optimization software, today announced that the company had a very successful first half of 2009 and gained significant market momentum. In the first half of 2009, VKernel increased new customer acquisitions by 260 percent over the first half of 2008.

VKernel virtualization management and optimization tools solve a number of critical data center challenges impacting IT staffs today. Delivered as a VMA (Virtual Management Appliance), VKernel software helps VMware users quickly optimize their virtual environments by increasing VM densities, improving the utilization of expensive resources, and managing VM sprawl.

"Organization have embraced virtualization in a big way and are now looking to management solutions that can help deliver on its promised savings," said Alex Bakman, founder and CEO of VKernel. "The number of new customers we've gained, the increased penetration at existing customers and a new funding round are all strong evidence that VKernel has just what the market needs. There's a lot of momentum for VKernel right now and we look forward to building on our success in the second half of 2009."

  VKernel company highlights in the first half of 2009 included:
  --  $7 million Round B funding in May which was led by new investor,
      Longworth Venture Partners, and joined by prior investors, Hummer
      Winblad Venture Partners and Polaris Venture Partners
  --  Two new members joined VKernel's Board of Directors - Nilanjana
      Bhowmik, partner at Longworth, and Doug McNary, former CEO of Onaro
  --  New customer acquisitions grow by 260 percent compared to first half
      of 2009. Notable new customers include TheLadders, McKesson, General
      Nutrition Centers (GNC), Motorola, Cisco, Adobe, PayPal, US Navy, and
  --  Kevin Conklin joined VKernel in May as vice president of marketing and
      product management
  --  Shipped Capacity Analyzer 4.0 with new root cause analysis and problem
      resolution capabilities in April
  --  Introduced SnapshotMyVM, a free VMware documentation tool, in March
  --  Shipped Modeler 1.0 in March

  --  Over 19,000 total product downloads of VKernel software to date

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