Atriax Selects Loudcloud's Managed Infrastructure Services; Opsware Automation Technology To Help Leading Electronic Foreign Exchange Portal Automate Deal Execution, Confirmation and Settlement Process.

Business Editors/High-Tech Writers

SUNNYVALE, Calif.--(BUSINESS WIRE)--June 26, 2001

Loudcloud Inc. (Nasdaq:LDCL), the leading managed service provider, today announced that Atriax, the premier electronic foreign exchange portal, has contracted Loudcloud to provide managed services to its transaction and information portal.

Atriax will deliver an open marketplace for all corporate, institutional and banking foreign exchange professionals globally. An independent company backed by Citibank, Deutsche Bank, JP Morgan and Reuters, Atriax's growing membership already includes over sixty of the world's largest foreign exchange banks. On its website, www.atriax.com, Atriax provides market data and news from Reuters, the global leader in this field, and consolidated research and currency forecasts from its member banks. The rollout of dealing services began earlier this month. Loudcloud is managing and hosting the Internet operations of the technology that will make this possible.

"With an estimated daily turnover of $1.5 trillion, the foreign exchange market is by far the largest traded market in the world and often the most volatile," said Stephen Epstein, Atriax's Chief Technology Officer. "Atriax will bring together technology, information, and liquidity to deliver to the market a better way of doing business. We must guarantee our members constant availability. Loudcloud, with its Opsware(TM) automation technology, application expertise and process driven operational capability gives us the confidence to promise all our members globally that the Atriax dealing and information engines will have around-the-clock availability."

Loudcloud's Opsware automation technology provides the foundation for Loudcloud's managed Internet infrastructure services. Opsware captures and manages the numerous pieces of information, decisions and processes required to deploy, manage and grow an Internet infrastructure successfully. By automating and streamlining formerly manual tasks, Loudcloud can offer its customers better quality, scale and speed in their Internet operations.

"Loudcloud's customers include some of the leading financial services companies on the Web today," said Ben Horowitz, CEO and co-founder of Loudcloud. "Opsware technology's capabilities fit closely with Atriax's needs to scale their Dealing Engine to meet the demand, without having to manage the dramatic and inefficient expense of purchasing and managing the site's underlying infrastructure for themselves. Atriax can focus on offering their customers consolidated pricing, news and information and the best online dealing engine for foreign exchange."

About Loudcloud

Loudcloud is the leading managed service provider, offering a new solution for outsourcing global Internet operations for enterprise companies, application service providers and large-scale Internet businesses. Loudcloud moves beyond basic hosting or consulting services with its unique Opsware technology to automate, scale, and monitor Internet operation functions previously done by hand. Loudcloud manages its infrastructure network via a worldwide network of data centers and Network Operations Centers (NOCs) located in North America and Europe. For more information on Loudcloud, please visit our Web site at www.loudcloud.com

Note to Editors: Loudcloud and Opsware are service marks and trademarks of Loudcloud, Inc. All other product names, service marks, and trademarks mentioned herein are trademarks of their respective owners.