Appistry Customer Clearent Named InfoWorld 100 Award Winner

St. Louis, MO, November 7, 2009 -- Appistry, a pioneer in private cloud computing for the enterprise, today announced that the InfoWorld 100 Awards has recognized the development of Clearent's payment processing system as one of the top 100 IT projects of 2009. The Clearent system is powered by Appistry CloudIQ Platform.

CIO Magazine reports: "Every year, the InfoWorld 100 Awards celebrate 100 IT organizations that have implemented and integrated technologies in innovative ways in pursuit of concrete business goals. These 100 real-world projects stand as proof that striking a new path in IT can reap deep organizational rewards. This year has been no exception -- especially in light of widespread layoffs and limited resources."

The Clearent project, led by Mark Peck, Senior Vice President of Technical Operations, entailed building a .Net-based credit card payment processing system using Appistry CloudIQ Engine, and running in a private cloud computing environment managed by Appistry CloudIQ Manager.

Clearent was founded with the vision of creating an all-new processing platform that would upend the traditional mainframe-based industry by matching existing players' scale advantages while also offering new features, dramatically reduced setup costs and timeframes, ease of use, robust reporting, and business intelligence tools. Clearent is the first and only payment processing company to design and build its technology from the ground up around the objectives of total transparency and flexibility. Appistry CloudIQ Platform has been a key factor in the achievement of this vision. "The flexibility and simplicity of Appistry's platform has played a huge role in allowing Clearent to quickly deliver a game-changing service." said Peck. "Other approaches would have required a total re-architecture of our applications, while not providing the level of scalability and reliability that CloudIQ provides. Appistry gave us the speed to drive innovation and deliver real business value."

"Clearent is an innovator in its field and its use of our cloud application platform is just one example of its cutting-edge work," said Sam Charrington, vice president of product management and marketing for Appistry. "This award is a testament to the impressive applications and significant business advantages being created on our platform."

About Appistry

Cloud computing promises a new level of enterprise competitiveness, and Appistry CloudIQ Platform makes that vision a reality. Appistry CloudIQ Platform enables a new generation of highly scalable, extremely reliable, data-centric applications to be delivered at a fraction of the time, cost and complexity of traditional approaches. Reinventing the enterprise application platform for private, public and hybrid clouds, Appistry is delivering next-generation platform-as-a-service, today. With the most comprehensive platform and the most successful customers, Appistry is the leading provider of enterprise PaaS software and services. Appistry customers include global leaders like FedEx, State Street Bank, and Northrop Grumman, and multiple U.S. Government agencies.

For more information about Appistry, please visit www.appistry.com.

Appistry, CloudIQ, and the Appistry logo are trademarks of Appistry, Inc. All other registered and unregistered trademarks are the sole property of their respective owners.

About Clearent

Clearent is a merchant services payment processor whose proprietary acquiring technology gives financial institutions, ISOs and merchants easy-to-understand reporting and a clear view into all program-related costs. A value-added PCI compliance program, a complete range of products and services and responsive customer support will help you maximize the value of your merchant services program and your bottom line. To learn more, visit www.clearent.com or call 866.205.4721.

Press Contacts

Shannon Prager
Appistry
214.228.7883