Corent Named an "American Technology Awards" Finalist in Cloud Computing

ALISO VIEJO, Calif., May 11, 2012 /PRNewswire/ -- Corent Technology, Inc., a disrupting innovator in the Cloud Computing space, announced that its key product - Corent multi-tenant Server™ - has been named a finalist in the Cloud Computing/Software as a Service (SaaS) category for the 2012 TechAmerica Foundation American Technology Awards. The winners will be announced at a gala dinner to be held on June 13, 2012 at the Ronald Reagan Building in Washington, D.C.

"The caliber of this year's nominees was incredible. Our judges had their work cut out for them," said Jennifer Kerber, President of the TechAmerica Foundation. "We congratulate Corent Technology for their outstanding work and thank them for their contribution to the growth and innovation in the tech industry."

"We are pleased to be included among the most game-changing and innovative technologies in the world," said Feyzi Fatehi, CEO of Corent Technology. "Our 'Plug & Play' Multi-Tenant Server™ (MTS™) software is a game changer in the Cloud and SaaS space. With MTS™, both SaaS and software vendors as well as the enterprises, can now gain a decisive competitive edge by delivering and managing their SaaS solutions - on any public, private, or hybrid Cloud of their choice - at a significantly lower cost of service."

The awards, known as the "Termans" in honor of Fred Terman, the widely credited "Father of Silicon Valley," are awarded on the basis of a thorough evaluation by industry experts and technology leaders. Kevin Johnson, CEO of Juniper Networks will also be honored during the dinner with the American Technology Awards Corporate Leadership Award and Department of Homeland Security Chief Information Officer, Richard Spires will be recognized as the Government Technology Executive of the Year.

About Corent Technology
Corent Technology, Inc. (www.corenttechnology.com) is a leader in SaaS enabling technologies. Corent provides a unique and innovative software "plug-in" approach for the instant transformation of conventional, single-tenant software applications into robust multi-tenant, cloud-ready SaaS (Software-as-a-Service) solutions without the need to re-write the application. The privately-held company is managed by a team of seasoned Silicon Valley veterans from technology leaders such as Apple, HP, IBM, Oracle, Sun and Sybase.

About TechAmerica Foundation
TechAmerica Foundation educates industry executives, policy makers and opinion leaders on the promise of technological innovation to advance prosperity, security and the general welfare. Launched in 1981, the Foundation is a 501(c)(3) non-profit, non-partisan affiliate of TechAmerica, which is the leading voice and resource for the U.S. technology industry. The Foundation disseminates award-winning industry, policy and market research covering topics such as U.S. competitiveness in a global economy, innovation in government, and other areas of national interest. It also organizes conferences and seminars to explore pertinent issues with government and industry representatives and to share the Foundation's findings. Learn more about TechAmerica Foundation at www.techamericafoundation.org.

SOURCE Corent Technology