Thursday, April 13, 2006

Accelon Capital Acquires Leading Colocation Data Center Company and Managed Hosting Provider, UnitedLayer, and Appoints New CEO

Accelon Capital Acquires Leading Colocation Data Center Company and Managed Hosting Provider, UnitedLayer, and Appoints New CEO

Managing Partner and Technology Executive, Abhijit Phanse, Brings over Eighteen Years of Solid Growth and Management Experience to Enable Successful Expansion

San Francisco, CA (Vocus) December 3, 2010

UnitedLayer, LLC, the premier colocation data center company and managed hosting provider in California, today announced the appointment of a new Chief Executive Officer, Abhijit Phanse, following the acquisition of the company by Accelon Capital, a private equity firm with a focus on growth-stage companies.

“UnitedLayer has built a solid Internet hosting and customer service infrastructure which has gained a reputation of delivering exceptional colocation andmanaged hosting services. We are excited to invest in the UnitedLayer platform to enable our customers to meet their IT infrastructure needs and support their growth”, said Abhijit Phanse, Managing Partner at Accelon Capital and CEO of UnitedLayer. “I am immensely pleased to be joining the talented team at UnitedLayer and I look forward to leading the company through our next phase of growth in this exciting space.”

“Accelon and its team’s significant experience will enable us continue to be the fastest growing and highest quality data center company in San Francisco and Los Angeles," said Otto Grajeda, Director of Facilities and original Co-Founder. “The change in leadership comes at exactly the right time for us. Without missing a beat, UnitedLayer will be able to more quickly achieve its planned upgrades while maintaining the best quality of service and customer experience.”

Co-Founder and former CEO Arman Khalili said, “I couldn’t be more pleased to be handing the reins over to such a talented individual as Abhijit Phanse. We are excited about the opportunities ahead.”

About Abhijit Phanse
Mr. Phanse is the Managing Partner of Accelon Capital. He has over 18 years of experience in delivering leading edge networking and data center infrastructure technologies to the market. Previously, Mr. Phanse was the CEO and Co-Founder of Scintera, a Silicon Valley technology company, which provides high-speed signal processors for solving networking infrastructure bottlenecks. Prior to founding Scintera, he held senior management positions at National Semiconductor where he developed many core Ethernet technologies. Mr. Phanse has an MS in Management from Stanford Graduate School of Business, an MS in Electrical Engineering from the University of Central Florida, and a B. Tech. in Electrical Engineering from the Indian Institute of Technology, Bombay.

About Accelon Capital
Accelon Capital is a private equity firm focused on investing in small to mid-market growth stage companies providing products and/or services in the Information Technology infrastructure, Software, and Healthcare sectors. Accelon provides a combination of a flexible financing structure and operating experience to create win-win relationships with entrepreneurs and owners who are looking for liquidity or growth capital for expanding their business. For more information about Accelon Capital, please visit http://www. acceloncapital. com.

About UnitedLayer
UnitedLayer, LLC, is the premier North American colocation data center company and managed hosting provider.
UnitedLayer operates in the most prominent data center and carrier-neutral network exchange facilities in the San Francisco Bay Area and Los Angeles. UnitedLayer has over 30,000 square feet of fully redundant conditioned data center space at 200 Paul in San Francisco, which is one of the most networked Internet points of presence in the world. UnitedLayer offers scalable complex managed hosting solutions including cloud computing, virtualization, and managed dedicated server environments. All colocation and managed services are backed by UnitedLayer’s exceptional high-touch 24/7/365 customer service. UnitedLayer operates an extensive nationwide, fully IPv6-ready, network backbone with low latency and exceptional peering for the benefit of its customers. For more information about UnitedLayer, please visit http://www. unitedlayer. com.

Media Contact:
Maureen Monterosso
415-349-2130
Pr(at)unitedlayer(dot)com

# # #