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SANTA BARBARA, CA -- (Marketwire) -- 08/28/12 -- RightScale® Inc., the leader in cloud computing management, has been recognized by the World Economic Forum as a 2013 Technology Pioneer. Technology Pioneers represent the most innovative startup companies worldwide with the potential to transform the future of business and society. Previous Technology Pioneers have included trailblazing companies such as Google, Twitter and PayPal. RightScale was selected for its visionary leadership and proven technology that enables organizations to easily deploy and manage business-critical applications across public, private, and hybrid clouds.

The award comes on the heels of significant traction for RightScale in 2012. The company has launched more than 4.5 million servers since January and increased its managed compute power by one-third. As companies continue to embrace multi-cloud strategies to best meet their business goals, managed compute power from RightScale's multi-cloud customers has increased by nearly 40 percent. With its recent partnerships with Google Compute Engine and Windows Azure, RightScale now supports a total of nine public clouds and three private clouds to give its customers broad choice in their cloud deployments. In addition, RightScale acquired cloud cost forecasting tool PlanForCloud, which allows companies to model various architectures and usage patterns, access up-to-date pricing from a variety of cloud providers, and produce detailed cost reports in just a few minutes.

"Cloud computing allows companies large and small to take advantage of large-scale computing resources that might not otherwise be available to them," said Michael Crandell, CEO of RightScale. "RightScale Cloud Management makes it easy for any business to start using cloud infrastructure from a wide variety of cloud providers, and to manage that infrastructure from a single pane of glass. We are honored to be included as a World Economic Forum Technology Pioneer and plan to continue helping organizations around the world leverage the power of cloud computing."

According to a recent Gartner press release, cloud compute services are expected to grow 48.7 percent in 2012 to $5.0 billion, up from $3.4 billion in 2011. "Today, cloud compute services primarily provide automation of basic functions. As next-generation business applications come to market and existing applications are migrated to use automated operations and monitoring, increased value in terms of service consistency, agility and personnel reduction will be delivered," said Gregor Petri, research director at Gartner.

In addition to the growth in public cloud computing, RightScale's customer base is also seeing growth in hybrid cloud usage. This year, the company reported that 74 percent of its managed compute power comes from customers that rely on a portfolio of public and private clouds to achieve their business goals, making hybrid cloud the architecture of choice for companies operating cloud computing. A market study conducted by RightScale earlier this year confirmed this trend, with 68 percent of respondents reportedly pursuing a multi-cloud strategy in 2012.

RightScale has continued to expand its user base in 2012 adding over 100 new customers, with key customer wins from both large enterprises and innovative startups, including Caltech, Care Innovations (an Intel-GE company), Citrix Online, Conde Nast, Equinix, Fox Digital Media, JWT, Thomson Reuters, Path, Roku, Softbank Technology and Tibco.

The company reports additional milestones from 2012, which include:

• Launch day integration with Windows Azure and Google Compute Engine along with beta customers leveraging RightScale to manage both clouds.
• Strategic partnerships with Equinix, SoftLayer, LogicWorks, HP, and Logica to bring cloud management to a variety of new vertical markets.
• Acquisition of PlanForCloud, a no-cost cloud forecasting tool that helps decision makers customize and budget for cloud deployments.

About World Economic Forum
The World Economic Forum is an independent international organization committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industry agendas. Incorporated as a foundation in 1971, and headquartered in Geneva, Switzerland, the World Economic Forum is impartial and not-for-profit; it is tied to no political, partisan or national interests (http://www.weforum.org).

About RightScale
RightScale® Inc., cloud management enables organizations to easily deploy and manage business-critical applications across public, private, and hybrid clouds. RightScale provides efficient configuration, monitoring, automation, and governance of cloud computing infrastructure and applications. Since 2006, millions of servers have been launched with the RightScale solution by leading enterprises including the Associated Press, CBS Interactive, Intercontinental Hotels Group, PBS, and Zynga.

RightScale is a registered trademark of RightScale, Inc. All other trademarks are property of their respective owners. Other product or company names mentioned may be trademarks or trade names of their respective companies.

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