Velocity Technology Solutions Named to CRN's 2014 Solution Provider 500 List

NEW YORK, NY--(Marketwired - Jun 9, 2014) - Velocity Technology Solutions, Inc., (Velocity), a global leader in cloud application hosting for enterprise and business software, today announced it has been named to the 2014 Solution Provider 500 (SP500) list by The Channel Company's CRN. The list ranks the top revenue-generating technology integrators in the U.S. and Canada whose forward-thinking approach to the channel has helped them evolve and thrive in today's cloud and services-driven IT era. The list spans eight categories from hardware and software sales, to managed IT services. Velocity placed #231 in the annual ranking.

Revenue size is determined by the amount of annual products and services sold over the course of 2013. Companies with no public documentation were required to submit a notarized affidavit attesting to their 2013 revenue.

"Velocity's success is directly attributable to our focus on delivering services that help our customers increase productivity, and in turn, improve their own businesses," said Tom Bruno, CEO of Velocity Technology Solutions. "By working in concert with our software, hardware, and service partners, we bring to market an innovative, Universal Cloud model that provides customers with a scalable and flexible solution that they can configure to meet their evolving cloud hosting requirements. We are excited to be recognized by The Channel Company and believe this designation is acknowledgement of our commitment to helping customers drive better business outcomes."

"The annual Solution Provider 500 represents those companies that truly understand the needs of customers today as the IT landscape evolves," said Robert Faletra, CEO, The Channel Company. "With so many options, this list has become an invaluable resource for vendors working hard to navigate the solution provider community and identify the best partner for their business. We congratulate the featured solution providers and look forward to covering their continued success."

A sampling of the 2014 SP500 list is featured in the June issue of CRN Magazine and is featured online at www.crn.com and in the CRN Tech News app, available for iPad and Windows 8.

About Velocity
Velocity Technology Solutions, Inc. is a global leader in enterprise and business application hosting services which are fully-managed and protected within a virtual private cloud. Velocity lowers operational costs, provides world-class customer experiences, and delivers application access at top levels of performance and availability. Velocity's expertise managing software 24/7, combined with its proprietary infrastructure design and cloud management platform, guarantee the availability, security, and control over software. Velocity is the trusted partner for rapidly deploying application software into a secure and resilient virtual private cloud. Velocity is headquartered in New York 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 http://www.silverlake.com). For more information on Velocity: visit www.velocity.cc.

About The Channel Company
The Channel Company is the channel community's trusted authority for growth and innovation, with established brands including CRN, XChange Events, IPED, and SharedVue. For more than three decades, we have leveraged our proven and leading-edge platforms to deliver prescriptive sales and marketing solutions for the technology channel. The Channel Company provides Communication, Recruitment, Engagement, Enablement, Demand Generation and Intelligence services to drive technology partnerships. Learn more at www.thechannelcompany.com.