Cloud Technology Partners Acquires Global Green Consulting Group

Sustainability Critical Component of Cloud Computing Strategy that Reduces Carbon Footprint and Energy Consumption, as well as Contributes to Green IT / Data Center Initiatives. Enable Customers to Enhance Competitive Positioning, Lower Capital and Operating Expenses, Elevate Brand Value, Comply With Governmental Regulation and Meet Corporate Social Responsibility Goals.

BOSTON,MA – March 21, 2011 – Cloud Technology Partners, the leader in transforming businesses with cloud solutions, today announced that it has completed the acquisition of sustainability solutions innovator, Global Green Consulting Group (GGCG). Under terms of the agreement, GGCG services will now be incorporated into Cloud Technology Partners cloud solutions, as appropriate. In addition, GGCG Founder and President, Jim Lampert, has been appointed to the position of Founder and Executive Vice President, Sales and Marketing, reporting directly to Cloud Technology Partners Founder and CEO, Chris Greendale.

“The Global Green Consulting Group acquisition was highly strategic, and quite frankly – a no brainer for a number of reasons,” said Greendale. “First, I have known and respected Jim for over three years. He is a highly motivated, consummate professional, as well as one of the premier experts in the young yet exponentially growing sustainability space – an ideal leader for our sales and marketing team. Second, Global Green Consulting Group – now Cloud Technology Partners – is among an elite group of consulting companies that has forged a tightly integrated working relationship with C3 – a company founded by technology entrepreneur Tom Siebel, dedicated to providing comprehensive enterprise solutions for energy, resource and emissions management.” He continued, “Additionally, Jim brings with him a team of high caliber, seasoned professionals whose skills represent a unique blend of sustainability consulting, technical vision and service delivery expertise. This powerful combination of knowhow and experience will help to ensure Cloud Technology Partners delivers the highest value sustainability and business performance solutions leading to compelling ROI initiatives.”

“I am delighted with the opportunity to marry Global Green Consulting Group services with cloudTP’s business transformational solutions and excited by what this means for our customers,” said Lampert. “Cloud Technology Partners’ sustainability-enhanced solutions will enable its customers to improve competitive positioning, lower capital and operating expenses, elevate brand value, comply with governmental regulation and meet corporate social responsibility (CSR) goals.” (GGCG’s customer base of world-class companies spanning across virtually every industry vertical, will be seamlessly integrated and serviced by the fast-growing cloudTP team.)

“The combined pedigree of the Cloud Technology Partners team, which includes Chris Greendale, co-founder of Cambridge Technology Partners, is indeed enviable. It will put them in an ideal position to help their customers to fully leverage cloud and sustainability trends in order to not only transform the way their corporate IT services are delivered, but to revolutionize the way they conduct business,” stated Jeff Hine, an analyst with Enterprise Strategy Group (ESG).

About Cloud Technology Partners

Cloud Technology Partners helps companies plan, design and build cloud solutions for applications and infrastructures that reduce IT costs, streamline operations and accelerate time to market. With a comprehensive cloud-focused service portfolio and targeted methodologies and tools, Cloud Technology Partners enables the world’s leading businesses and institutions to innovate through cloud computing. Engagement expertise includes cloud strategy consulting, private cloud deployment, systems integration, application development and migration, and cloud security and governance. Headquartered in Boston, the company’s investors include select angels, State Street Bank and Greylock Partners.

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