Caspio Wins Cloud Computing Business Value Award

THINKstrategies recognizes Caspio as high-value solution for businesses adopting Platform-as-a-Service technologies.

MOUNTAIN VIEW, California, April 12, 2010 — Caspio, Inc. (caspio.com), the leading cloud database platform, today announced that the company has been honored with the first-ever Cloud Computing Business Value (CCBV) Award presented by THINKstrategies, Inc. The award was created to recognize cloud computing companies delivering measurable business value to clients, such as lower costs, faster deployment times, and greater profitability.

An industry pioneer, Caspio first introduced its Platform-as-a-Service (PaaS) in 2001. The platform provides a built-in online database and intuitive point-and-click wizards that eliminate the time and expense of traditional programming, empowering both business users and IT professionals to easily build and deploy sophisticated web applications. Caspio securely hosts the infrastructure, data, tools and applications in the cloud so that clients can easily streamline business-critical processes online while reducing IT investments and project backlogs.

THINKstrategies evaluated Caspio’s overall solution across several categories and reviewed long-standing customer case studies. Customers included Whirlpool Corporation, which reduced its IT backlog from six months to two days using Caspio, and the American Management Association, which cut lead processing time by 75%. To learn more about how these and other companies are gaining efficiencies using Caspio, visit caspio.com/customers.

“We are pleased to be recognized by THINKstrategies for the business value of our cloud computing solution,” said Frank Zamani, founder and CEO of Caspio. “I consider this award a tribute to our customers, who continually find innovative ways to use our platform to grow their business and create the next generation of efficient business processes.”

“Cloud computing solutions are gaining acceptance because organizations of all sizes need more flexible and cost-effective development tools to meet their business objectives,” stated Jeffrey M. Kaplan, Managing Director of THINKstrategies. “Caspio’s PaaS solution provides the functional capabilities organizations require to satisfy their rapidly changing needs.”

Today, Caspio powers over 300,000 web applications for Fortune-500 companies, small-to-medium sized businesses, government agencies, universities, and over 80% of the largest newspaper websites in North America. A free 14-day trial is available at caspio.com.

About Caspio

Caspio, Inc. (caspio.com) is the world’s leading on-demand do-it-yourself web application creation platform. The company’s philosophy is to empower business users to create and deploy web databases, forms, and applications easily and without programming. Caspio’s platform-as-a-service replaces coding with intuitive point-and-click wizards, enabling users to rapidly produce web database components for capturing, publishing, and managing data online. Caspio shrinks development time from weeks to hours, and from thousands of dollars to a small monthly fee. Caspio’s customers range from one-person entrepreneurs to Fortune-500 corporations, digital media giants, government agencies, and educational institutions.

About THINKstrategies, Inc.

THINKstrategies, Inc. is the only strategic consulting services company formed specifically to address the unprecedented business challenges facing IT managers, solutions providers and investors today as the technology industry shifts toward a services orientation.

THINKstrategies‘ mission is to help our clients re-THINK their corporate strategies, and refocus their limited resources to achieve their business objectives. THINKstrategies helps enterprise decision-makers with their sourcing strategies, IT solutions providers with their marketing strategies, and VCs with their investment strategies.

In addition to the Software-as-a-Service Showplace, THINKstrategies is also the founder of the Managed Services Showplace, a vendor-independent, online directory and information resource center of managed service solutions.

For more information regarding THINKstrategies’ unique consulting services, visit www.thinkstrategies.com, or contact us at info@thinkstrategies.com.

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