Aims to Help Enterprise Cloud Platform Company Continue to “Set the Bar for Cloud Performance” BELLEVUE, Wash. — June 20 2011 — CenturyLink Cloud, the enterprise cloud platform company, today announced that Mark Adams, chief development officer of Equinix, Inc., has joined CenturyLink Cloud’s board of directors. As the provider of the most secure, intelligent cloud platform for mission-critical applications and services, CenturyLink Cloud will leverage Adams’ years of strategic business development experience as it accelerates its growth in the rapidly expanding enterprise cloud market. “The team at CenturyLink Cloud is at the cutting edge of enterprise-class cloud platforms and is continuing to develop innovative predictive optimization technology that will set a new bar for cloud performance,” Adams said. “Leveraging my experience positioning Equinix as an enabler to rapidly growing cloud platforms, I’ll advise CenturyLink Cloud on customer and technology strategy as it grows into a leading provider of enterprise-class cloud platforms.” Adams joins outside directors John Connors, a partner at Ignition Partners and previously chief financial officer of Microsoft, and Matt McIlwain, managing director of Madrona Venture Group; both of which invested in CenturyLink Cloud earlier this year. Also on the board are Adam Wray, CenturyLink Cloud president and chief executive officer, and Jared Wray (no relation), CenturyLink Cloud founder and chief technology officer. “Few people can bring such relevant industry view and experience in technology strategy,” Adam Wray said. “With Mark’s experience and insights into the mission-critical operations of enterprise computing environments, he will be a considerable contributor on our board and, more specifically, to the success of our enterprise cloud platform and the development of our cloud computing strategy.” Adams, who joined Equinix in 2008, is a seasoned strategy and business development executive with more than 20 years of experience across various sectors of the high-tech industry. Previously Adams founded three start-ups and a venture capital fund for direct investment in Indonesia. He has been an active investor in digital music, VoIP, WiFi, Wireless Data Qos and data management and communications. Adams was the senior vice president of corporate development and strategy for Electronics for Imaging, Inc. (EFI), where he led a series of acquisitions and equity investments that helped reposition the company for new growth initiatives. Prior to EFI, Adams held senior leadership positions in corporate strategy, business development, and M&A transactions at several companies, including General Electric Capital and Adaptec. Adams has a master of business administration degree in strategic planning and finance from the Wharton School of the University of Pennsylvania and a bachelor of arts degree in economics from Cornell University. As the CDO at Equinix, he is responsible for overall corporate strategy, strategic alliances & acquisitions and their global real estate development program. About CenturyLink Cloud, Inc. CenturyLink Cloud goes beyond traditional cloud offerings to provide an agile, self-optimizing enterprise cloud platform. Enterprises large and small depend on the company’s secure, intelligent platform to run their mission-critical, production applications and services. They realize cloud benefits of lower TCO and dynamic scaling, but delivered on an enterprise-class platform with SLAs, security, and built-in disaster recovery. And, innovative technologies deliver predictive optimization for unprecedented performance at all layers. CenturyLink Cloud customers count on the company for the flexibility and freedom to focus on their core business. For more information, visit http://www.tier3.com.
Analysis Mason reports the global market for enterprise cloud-based services will grow from USD12.1 billion in 2010 to USD35.6 billion in 2015.