Verecloud Partners with Intalio to Deliver CRM Cloud Services to Communication Service Providers

Verecloud (OTCBB:VCLD), which enables communications service providers (CSPs) to capture market share in the emerging cloud computing services business, and Intalio, the Cloud Company, today announced a partnership to include Intalio’s Cloud offering, starting with its Customer Relationship Management (CRM) solution, on Verecloud’s Nimbus CSB platform.

This partnership addresses the service demands placed on CSPs within their operational support system (OSS) environment. The integration of Intalio’s cloud-based CRM solution into Verecloud’s offerings is one of the many Intalio | Cloud solutions that Verecloud plans to offer to CSPs through its cloud services brokerage model.

The Intalio | CRM solution provides three key features that allow CSPs to seamlessly manage relationships with customers and partners including:

• Next-Generation User Interface – an always-on productivity tool to provide access to vast amounts of information with as few mouse clicks and keystrokes as possible.
• Social Collaboration – built around a social collaboration platform, allows companies to redefine the way they interact with customers and partners within the social computing space.
• Salesforce.com Compatibility – offers both on-demand and on-premise deployment options while offering an object model and Web Services API that are fully compatible with Salesforce.com.

“We are very pleased to announce this partnership with Verecloud,” said Ismael Chang Ghalimi, Co-founder and chief executive officer of Intalio. “Intalio’s disruptive cloud offering, alongside Verecloud’s expertise and capabilities, presents a real game-changer opportunity for Communication Service Providers.”

Verecloud’s Nimbus CSB enables communications service providers to offer new products and services by becoming “cloud services brokers” to their business customers; a business model that requires aggregating and integrating cloud services on a delivery platform that integrates with existing CSP back-office systems. The company designed the platform for major telecommunications providers looking to drive new revenue streams from the cloud computing opportunity.

“Intalio is known for having a strong portfolio of the most in-demand cloud application offerings and solutions," said John McCawley, chief executive officer of Verecloud. “Bringing Intalio | CRM solution onto our Nimbus CSB platform, we are able to continue to deliver the most solid cloud solutions in the industry, enabling service providers to drive their business forward.”

About Intalio, Inc.

Intalio is the leading vendor of private cloud computing solutions. Intalio has over 850 customers in 60 countries, including ABB, Allianz, Cisco, Deutsche Bank, Mitsubishi, Mitsui, NTT, SABRE Holdings, Santander, and VMware. Founded in 1999, Intalio is a privately-held, venture-backed company located in Palo Alto, California. For more information on Intalio, please call 650-596-1800 or visit www.intalio.com.

About Verecloud

Based in Englewood, Colorado, Verecloud enables communications service providers (CSPs) to capture market share in the expanding and lucrative cloud computing market. Verecloud’s cloud service broker platform, Nimbus CSB, addresses the CSPs’ need to integrate their cloud services business with existing back-office systems which enable CSPs to drive new revenue opportunities. By collaborating with Verecloud, CSPs are positioned to capture a significant percentage of this exciting market by playing a key role in the cloud services brokerage opportunity. Learn more about Verecloud at: http://www.verecloud.com.

Forward-Looking Statement

This release may contain projections and other forward-looking statements that involve risks and uncertainties. Forward-looking statements are projections reflecting management’s judgment and assumptions based on currently available information and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Future performance cannot be assured. Readers are referred to the documents filed by Verecloud with the Securities and Exchange Commission (SEC), specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Recent documents filed with the SEC can be found in the Investor Relations section of our website (www.verecloud.com). Verecloud believes the forward-looking statements in this release are reasonable; however, you should not place undue reliance on forward-looking statements, which are based on current expectations and speak only as of the date of this release. Verecloud is not obligated to publicly release any revisions to forward-looking statements to reflect events after the date of this release.