Cloud Centric, Inc.(fka CLDR)

[GreenFanatic]

Cloud Centric Systems, Inc. Secures Success With VizualMobile Acquisition

CLDR Takes on Technology Firm With Web-Based Portal for Smartphone Management
With Data-Tracking, Geolocation

LONDON, Sep 1, 2010 (GlobeNewswire via COMTEX) -- Cloud Centric Systems, Inc.
(Pink Sheets:CLDR) proudly announces that it has expanded its service offerings
and potential revenue streams with the acquisition of VizualMobile, a
European-based technology firm. The deal was sealed with a cash/stock agreement
which both parties feel will be of mutual benefit toward long-term growth.

VizualMobile is in development of technology that allows firms to manage mobile
phone accounts of employees, regardless of their platform/carrier. "The customer
would simply use a web-based application to pull data such as usage,
geo-location, SMS frequency and so much more," according to CLDR CEO David
Lovatt. "It will also allow you to manage the devices in terms of remotely wiping
the devices, sending messages to the device, integrating the platform with useful
tools among any select group of users and encrypting data therein."

According to ABI Research, "Smartphone security is becoming increasingly
important, as business information and personal information moves from the PC
onto handheld storage. Anti-virus client applications are available for most
high-level operating systems today, and mobile device management services are
offering comprehensive services with remote lock/wipe functions, firewalls, virus
protection, and backup. Mobile security services revenue growth exceeded 40% in
2009, driven by enterprise IT managers looking to safeguard corporate data, and
regulatory requirements to protect sensitive personal and financial information."

Cloud Centric Execs are confident that the acquisition is both timely, profitable
and in line with current corporate trends and technological advances. According
to Sales and Marketing.com, mobility expenses are becoming increasingly
comparable to an employer's costs in providing health insurance for an employee.
Lovatt feels this increase "will continue to have a major impact on use of mobile
phones as a mobile employee is going to be using a mobile device for more and
more. The need for enterprise management is a necessity part of a complete
mobility package for companies. They need to be privy to every relevant move,
every dime; and Cloud Centric now has the asset to provide this."

The company plans to invest in the software over the coming months and release to
beta for marketing thereafter. Lovatt comments, "I believe this is going to be a
very big move for Cloud Centric. We have already obtained serious interest from
key corporate decision makers who are interested in taking the software on for
internal use on their phone asset list."

About Cloud Centric Systems: Cloud Centric Systems specializes in cloud based
technologies that use the Internet to deliver business critical applications via
a global network of partners. Cloud Centric Systems plans to grow via strategic
acquisition over the coming 12 months as well as strong sales through its
subsidiaries. For more information, please visit
http://www.cloudcentricsystems.com