Application Virtualization Software Provider Availigent Closes $12.2 Million in Financing; Intel Capital Leads Round.

SAN JOSE, Calif. -- Availigent, a leading provider of transparent and automatic application virtualization software for Linux platforms, has completed a Series B financing of $12.2 million to fuel growth and new product development. Intel Capital led the round, with previous investors Diamondhead Ventures and Smart Technology Ventures participating as well.

"This will allow us to accelerate enhancements to our Duration(R) software product and expand our sales efforts," said Availigent CEO Bud Michael. "We are extremely excited to have Intel as an investor in our company. I am very pleased with the market acceptance Duration has received. Growing a company requires more than just capital and we feel this investment is a strong sign of industry support."

Duration from Availigent allows enterprise data centers to achieve 99.999% application availability, ensuring no more than five minutes planned and unplanned application downtime a year, with an inexpensive and easy-to-use software solution. Built on patented application virtualization technology, Duration is installed at the system level without modifications to the Linux kernel or to applications. Duration delivers stateful end-to-end migration and recovery of multi-tier applications, usually within seconds.

"With the growing global trend toward service oriented architectures and automated manageability, high availability takes on a new prominence in a broad array of applications," stated Steve Eichenlaub, Managing Director of Platform Technologies investments in Intel Capital. "Companies like Availigent are helping businesses realize the benefits of this trend."

Availigent has achieved market traction in the High Performance Computing field, including a multi-year contract with Petrochina Company Limited's (NYSE:PTR) Bureau of Geophysics. The company recently announced that Duration is available on HP (NYSE:HPQ) Linux-based XC Clusters environments, which is the first phase of product development between Availigent and HP.

About Availigent

Availigent is an enterprise software company dedicated to bringing affordable, easy-to-use high availability software solutions to the 24 X 7 economy. Installed with no modifications to the Linux kernel or to applications, Availigent's Duration ensures that computer applications will experience less than five minutes planned or unplanned downtime a year. Headquartered in San Jose, CA, Availigent is privately funded by Intel Capital, Diamondhead Ventures and Smart Technology Ventures. For more information consult our web site at www.availigent.com or phone us at 408-570-3500.

About Intel Capital

Intel Capital, Intel's venture capital organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software and services targeting enterprise, home, mobility, health, consumer Internet and semiconductor manufacturing. Since 1991, Intel Capital has invested more than US$4 billion in more than 1,000 companies spanning more than 30 countries. During this time, about 160 portfolio companies have been acquired and another 150 have gone public on exchanges around the world. In 2005, Intel Capital invested about US$265 million in about 140 deals with approximately 60 percent of funds invested outside the United States. For more information on Intel Capital and its differentiated advantages, visit www.intelcapital.com.