Xcerion Selected as Recipient of the 2008 European Cloud Computing Product Innovation Award by Frost & Sullivan


LINKOPING, Sweden, Oct. 13, 2008 (GLOBE NEWSWIRE) -- Xcerion, the innovator of the world's leading collaborative and social "Cloud OS" -- icloud, today announced it was selected as the winner of the 2008 European Cloud Computing Product Innovation Award for the icloud Internet service.

Frost & Sullivan says, "Xcerion's icloud OS represents a major advancement in the transition from desktop-based computing to computing in the cloud of the Internet."

Daniel Arthursson, CEO of Xcerion, stated, "Xcerion is proud to have received the 2008 European Cloud Computing Product Innovation Award. This award validates our icloud Internet service and emphasizes the importance of Cloud Operating Systems. We are honored to see our social icloud service being selected as the leading Cloud OS."

Conclusion from Frost and Sullivan:

"Although the concept of cloud-based operating systems has been floating around the industry for several years, no company has hitherto been able to develop a cloud OS that can mimic the capabilities of a traditional desktop OS," says Frost & Sullivan Research Analyst Achyuthanandan Sampath. "Xcerion, with its innovative icloud OS, has achieved this feat, at a time when several leading companies in this space are still experimenting with the concept. icloud's core technological aspects and novel features stand testimony to the progress made in the field of cloud operating systems.

"The most innovative aspect of the icloud OS is its visual application creation tool that enables developers to visually develop and modify applications without having to know either programming or XML," observes Sampath. "End-users and developers who intend to modify, copy, and alter any of the open applications could utilize the simple visual drag and drop interface to customize the icloud applications."

Earlier this year, Xcerion was also announced as a winner of Red Herring Europe 100.

About Xcerion and icloud

Founded in 2001 by Daniel Arthursson, Xcerion AB provides icloud, the world's leading "Cloud OS" as a Web 2.0 service.

icloud is a social Cloud OS for sharing experiences with friends. It is secure, social and always accessible from any computer or device. Applications on icloud include office productivity, development tools, photo sharing, music player, radio and widgets.

Xcerion is based in Linkoping, Sweden. Key management includes Daniel Arthursson, CEO, Jonas Thornholm, CFO, and Marcus Bristav, CTO. Xcerion is privately held and venture funded by Northzone Ventures. Investors include Lou Perazzoli, one of the original architects of Windows NT and former General Manager of the Microsoft Core OS group, John Connors, former CFO and CIO of Microsoft, and Terry Drayton, founder and former CEO of HomeGrocer.com.

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About Frost & Sullivan

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