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CloudShare Announces a Record Fiscal 2012

Increasing Demand for Development and Testing Services Fueled Record Revenues and New Customer Growth

SAN MATEO, CA -- (Marketwire) -- 02/07/13 -- CloudShare, the leader in cloud services for pre-production, announced today a record fiscal 2012, achieving 3X growth in its development and testing services. With this growth, CloudShare's customers now include 59 companies from the Fortune 100, and eight out of ten top system integrators. Noticeable figures in 2012 include over 400% growth in the number of multi-machine environments started, and over one million virtual machines created in CloudShare in 2012 alone.

"Our growth over the last year is the result of an increasing demand for cloud services for software development and testing, training, sales demos and POCs," said Guri Stark, Chief Executive Officer of CloudShare. "The fastest growing segment for pre-production in the cloud right now is enterprise application development and testing. Our customers are focused on improving their application development processes, delivering new releases to market faster and at a higher quality. I'd like to personally thank all of our customers, partners and employees for an outstanding fiscal 2012 and I look forward to continued growth in 2013."

One of the companies that adopted the CloudShare development and testing solution in the cloud is Checkmarx Ltd. Checkmark, the leading provider of comprehensive solutions for automated security code review, has deployed CloudShare's solution to create build-and-test-labs in the cloud. CloudShare enables Checkmarx to extend their on-premise lab to the cloud to improve the collaboration between Checkmarx's internal and external software testing teams.

"Checkmarx is investing heavily in improving the quality and performance of its tools and service. We are using internal and external resources to perform testing. Collaboration with external teams provides tremendous value, but can be challenging due to communication issues and access to resources," said Emmanuel Benzaquen, Chief Executive Officer of Checkmarx. "CloudShare is becoming the extension of our lab, ensuring we can provide the latest builds to our external testers without risking our internal network. We also see improvements in the collaboration between our internal team and our outsourced QA, reducing time and increasing the value we get from the external testing team."

To learn more about how CloudShare is integrated to the development and testing process, visit http://cloudshare.com/solutions/development-and-testing/overview.

About CloudShare
CloudShare offers the leading cloud solution focused on development and testing, training, and sales demos and POCs. CloudShare's technology makes it easy for application professionals to work in the cloud, efficiently create multi-VM environments, collaborate with others, and deploy projects into production -- no background in IT-infrastructure is required. CloudShare makes it easy to build and distribute simple and complex IT applications to anyone with an Internet connection.

About Checkmarx Ltd.
Checkmarx's vision is to commoditized Static Application Security Testing (SAST) throughout the Software Development Lifecycle (SDLC) by promoting the use of cloud computing. Founded by experts in the fields of software and application security, Checkmarx has introduced a number of patented and patent-pending technologies which are revolutionizing the application security field.

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Sonya Balzer
Director of Marketing
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www.cloudshare.com

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