XPT Xploite

    RNS Number : 8182G
  XploiTe PLC
  28 October 2008
   

    28 October 2008

    Xploite plc

    Licensing Agreement with GlassHouse Technologies, Inc. 

    Xploite plc ("Xploite", "the Group", AIM: XPT), the operator and aggregator of strategic and high growth IT services businesses,
announces that Itheon, the Group's business solutions software subsidiary, has signed an agreement to license its Storage Resource Analysis
(SRA) software to GlassHouse Technologies, Inc., a US-based global provider of IT infrastructure services and one of the world's leading
independent consulting firms.  The agreement includes a one off payment in the current financial year for hosting the software and
subsequent royalties.

    GlassHouse focuses on the storage/data protection, virtualization and data centre markets and delivers consulting and managed services
for many Fortune 500 customers and major technology vendors including IBM and Dell. Under the terms of this new license agreement GlassHouse
will use Itheon's SRA software to provide storage assessments and ongoing storage analytics to its many clients. This agreement specifically
includes the ability for GlassHouse to provide the SRA service to its vendors' customers thereby significantly expanding the potential
market for Itheon's software.

 Commenting on this new agreement, Ian Smith CEO Xploite said:
    "This is a very exciting development for Itheon.  The signing of this agreement with one of the world's leading storage consultancy
firms fully substantiates the investment we have made in developing Itheon's  software tools and the infinite 'Return On Effort' that SRA
provides.
    "This really is only the tip of the iceberg; we have seen huge interest in the product and we expect to announce other major commercial
and technical announcements related to Itheon's Storage Resource technology over the next few weeks."

    Enquiries

 Xploite plc www.xploite.com         0870 737 2001
 Ian Smith, Chief Executive Officer
 Robert Arrowsmith Finance Director

 KBC Peel Hunt Ltd                   0207 418 8900
 Oliver Scott/Nicholas Marren

 College Hill                        020 7457 2020
 Adrian Duffield / Jon Davies


    About Xploite
    Xploite is an IT services group that creates value by exploiting opportunities within the rapidly evolving IT services marketplace.
Xploite is an aggregator and consolidator of a portfolio of businesses that are focused on high growth segments in this market.


    About Itheon SRA
    Itheon's SRA software is a platform independent software solution. SRA provides full transparency into how an organisation's storage
estate is installed, configured, allocated and assigned and is unique in being delivered as a hosted Software as a Service (SaaS) solution
hosted solution that allows customers to log onto a website and operate the software themselves.

    About GlassHouse
GlassHouse Technologies is a global provider of IT infrastructure services enabling organizations to consolidate, virtualize and manage
their IT environments.  GlassHouse delivers services through Transom, a unique delivery framework comprised of proprietary software tools,
methodologies and domain expertise, which helps its clients to reduce costs, decrease risk and improve service levels. 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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