OS33 President Joins Board of TCI, an MSP-Focused Investment Group

NEW YORK, April 12, 2011 /PRNewswire/ -- Jacob Kazakevich, president and co-founder of OS33, a cloud-based IT-as-a-Service Delivery Platform for MSPs, has joined the Board of Technology Capital Investors (TCI), a New York-based investment group formed by MSP veterans and investment bankers, the company announced today.  OS33 is a TCI investment and the fastest-growing company within TCI's portfolio.

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The TCI portfolio is comprised of MSPs and hosting companies that provide managed services and IaaS.  Different than most investment groups such as venture capital and private equity players in the space, TCI's core strategy is to leverage its operating expertise, proven track record and existing infrastructure investments to help regional MSPs grow their brand to become the dominant local provider.  With his background as a CTO of an MSP and OS33's involvement as a central component to all of TCI's portfolio companies, Kazakevich's appointment to the TCI Board was regarded as a natural evolution.

"Under Jacob's leadership, OS33 has become the driving force behind the adoption of cloud-based IT-as-a-Service delivery by MSPs," said Sam Attias, Managing Partner and Founder of TCI.  "We are fortunate to have him as a key member of the TCI Board and a visionary for the group.  His ability to help the management teams of our portfolio companies create and implement cloud and infrastructure strategies is invaluable.  He is a proven leader and entrepreneur, and is highly respected in his fields of expertise."

Kazakevich is responsible for the business operations, product development and strategic alliances for OS33, a company that enables MSPs to shift their managed service offerings to the cloud.  OS33 was spun off from External IT, a leader in the SMB hosted IT marketplace, which Kazakevich co-founded and spent seven years as its CTO.  During his tenure with External IT, Kazakevich managed all technical operations, including service delivery for hundreds of clients and thousands of end users.  Additionally, he increased the company's footprint and IT hosting capabilities by establishing data centers across the United States, and oversaw the acquisition of three smaller hosting providers.  He also was the CTO of Offyx Corporation, a New York City-based startup in the ASP market.  Kazakevich holds a bachelor's degree from the Stern School of Business at New York University.

With the adoption of the concept "for MSPs by MSPs," TCI's long-term vision is to grow a nationwide network of MSPs and hosting companies that are the main players in their region.  The TCI "family" will benefit from its collective size, scope and ability to generate business for fellow members while leveraging the expertise of each individual management team.

"There is a tremendous amount of consolidation going on in the MSP and cloud services space right now," said Kazakevich.  I look forward to helping TCI position our investment companies for explosive growth with our technology and experience."

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About Technology Capital Investors

Technology Capital Investors is an investment and management group that concentrates on MSPs, Hosters and IT outsourcing companies.  It is made up of a diverse group of successful technology entrepreneurs and finance professionals.  Its model is to acquire controlling stakes in target companies while keeping existing management as shareholders and partners.  TCI has been successfully growing cloud-focused companies for over ten years. For more information please visit www.techcapinvestors.com.

About OS33

OS33, the leading full-featured IT-as-a-Service Delivery Platform, has been tested and proven by thousands of end users. OS33 spun off from External IT, an MSP that provides turnkey cloud computing solutions that made OS33 the backbone of its business beginning in 2006. OS33 is based in New York City. For more information please visit http://www.os33.com.

Companies and products mentioned herein may be trademarks or trade names of their respective owners.

SOURCE OS33

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