icloud Named a Winner of the Red Herring 100 Global Award


LINKOPING, Sweden, Jan. 22, 2009 (GLOBE NEWSWIRE) -- icloud, the Swedish Internet service that in 2009 will give everybody in the world that does not have a computer its own "free computer online," today announced that it has been chosen a winner of the prestigious Red Herring 100 Global Award.

Past award winners include Google, Yahoo, Skype, Netscape, Salesforce.com, and YouTube.

Daniel Arthursson, CEO of icloud, said, "We are honored to be a winner of the Red Herring 100 Global Award for 2008. We have worked hard for 7 years with our free computer online, icloud.com. This Award is a significant validation for our promise for 2009: to give everybody in the world that does not have their own computer, a free computer online with the icloud.com service."

About icloud

Icloud is the worlds leading "Cloud OS" as a Web 2.0 service. Daniel Arthursson founded Xcerion, the company behind icloud, in 2001. Icloud is a free computer online where you can share experiences with friends. It is secure, social and always accessible from any computer or device. Applications on icloud include office productivity, development tools, media players and widgets.

Xcerion is based in Linkoping, Sweden, 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 and John Connors, former CFO and CIO of Microsoft.

Visit http://icloud.com

The icloud logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4742

About Red Herring

Red Herring is a global media company, which unites the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at http://redherring.com.


            

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