NovelASPect Announces Agreement to Merge with Cloud Aspects

    SAN FRANCISCO, CA, August 03, 2011 /24-7PressRelease/ -- Two companies at the forefront of cloud services, NovelASPect and Cloud Aspects, announced today a definitive agreement to merge. The decision combined two world-class application service providers into a single company--one with enhanced resources, facilities, and expertise--that will rise to meet the increasing demand for cloud-based solutions by businesses around the world.

The merger of NovelASPect and Cloud Aspects signals the next step in the evolution of the two companies. In bringing their unique strengths together, they are creating an even more powerful platform to support the businesses that trust them already for their quality products and services.

"This merger is the best thing that could have happened for our clients and for us as a company," said Rick Fallahee, CEO of NovelASPect. "The mission of both NovelASPect and Cloud Aspects is to provide the most reliable, secure, and affordable services in the cloud; together, our ability to deliver on this goal will be unparalleled."

"This is a rare opportunity to combine the forces of two companies whose vision is truly aligned," said Warren Patterson, CEO of Cloud Aspects. "The unification of these two companies--both of which have a true passion for exceptional client services--will benefit our customers worldwide."

The combined companies will operate under the NovelASPect name, with corporate headquarters based in Silicon Valley. The transaction closed on August 1, 2011.

ABOUT NOVELASPECT

NovelASPect is changing the way small businesses access data around the world. Dedicated to providing reliable, exceptional service and flawless security, NovelASPect allows small businesses and accountants to utilize application hosting to access their data anytime, anywhere.

NovelASPect is a 100% employee-owned and -operated business founded in 2005 by a CPA and a certified Microsoft and Citrix professional. With clientele spanning five continents, NovelASPect is a leading expert in providing application delivery to companies through a Citrix client. For information about application hosting with NovelASPect, please call (888) 228-0143 or visit www.novelaspect.com.

ABOUT CLOUD ASPECTS

Cloud Aspects is an online hosting solutions provider offering seamless, reliable and secure hosting of Intuit's QuickBooks software, as well as a variety of other sought-after software applications. Clients benefit from anywhere, anytime online access to their information. The company prides itself on offering a robust and secure IT infrastructure utilizing a SAS 70 Type 2 data center, as well as a 24/7 technical support team.

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