Etelos Partners with Renovatix Solutions to Launch SaaS Marketplaces

RENTON, Wash.--Etelos, Inc., a leading platform provider to software developers for their hosted applications, has announced today a worldwide distribution deal with Austin, Texas-based Renovatix Solutions to develop a comprehensive hosted application marketplace to serve the growing demands of small business customers.

Etelos will build and implement the marketplace for select Renovatix clients in the financial services, membership and loyalty marketing channels. Built on the Etelos Platform Suite, this marketplace will bring Software as a Service (SaaS) to the small, service-based businesses that are looking for innovative solutions to the challenges they face.

“The Etelos Platform Suite is designed to help companies of any size obtain and use SaaS to reach out to their customers and provide extra layers of value,” said Danny Kolke, Etelos Founder & CEO. “This partnership is a great opportunity to move ahead with this mission and help software developers reach new markets.”

Etelos brings the best independent software companies such as Box.net, HyperOffice, Viewpath as well as popular open source solutions such as MediaWiki and Sugar CRM through a custom marketplace to companies looking to establish a SaaS presence. The Etelos Platform Suite provides consolidated billing, distribution and management of the applications. In addition, the Etelos Platform Suite aids software developers looking for an effective way to distribute their applications.

“In this challenging economy, the ability for any small business to source critical resources at a fraction of their cost couldn’t come at a better time. Without costly or time intensive integration, our clients will be able to quickly implement this marketplace to distribute virtually any application their small business customer needs, entirely online,” said J. Scott Robinson, General Manager, Renovatix Solutions. “The Etelos Platform allows us to provide world class business solutions and support to serve the needs of leading institutions, at a time their customers need it most.”

Financial terms of the deal were not disclosed. For more information about the Etelos Platform Suite, please visit Etelos.com.

About Etelos, Inc.

Etelos is a Web app distribution platform delivering Web apps for businesses. Unlike other cloud computing and Platform-as-a-Service (PaaS) solutions, Etelos enables software manufacturers to migrate existing applications or create new applications, then package, distribute, host, bill, market and support their Software-as-a-Service (SaaS) enabled application with their own application marketplace. Etelos™, the Etelos Platform™, EASE™, Etelos App Server™, Etelos VE™, Etelos Cloud™ and Etelos Marketplace™ are trademarks of Etelos, Inc.; other trademarks are the property of their respective owners. For more information about Etelos, please visit www.etelos.com.

About Renovatix Solutions, LLC

Renovatix Solutions is a strategy consulting and management firm based in Austin, TX, enabling turnkey resources for companies that value the power and speed of professional sales, representation, marketing, billing and account management services. For more information about Renovatix, please visit www.renovatixsolutions.com.