Xcerion Named Among the 25 Winners of the 2007 European Tech Tour in
Montreux, Switzerland
LINKOPING, Sweden, Nov. 21, 2007 (PRIME NEWSWIRE) -- The European
Tech Tour has named the 25 most promising Technology and Web 2.0
companies in Europe. Xcerion, the Swedish company behind the
revolutionary "Cloud OS" (XIOS/3), the world's next Operating System
today announced that it was selected as one of the 25 Winners at the
2007 Web & Communities Summit at the European Tech Tour. The European
Tech Tour showcases Europe's most promising companies to selected
technology leaders, leading VCs, media and other people in the
industry.
http://xcerion.com/images/stories/OS/Screenshot_2007-11-21.jpg
http://xcerion.com/images/stories/popup/DanielArthursson-Highres.jpg
Daniel Arthursson, CEO of Xcerion, said, "Xcerion is proud to have
been chosen as one of the top 25 companies at the European Tech Tour.
We are pleased that Xcerion and our 'Cloud OS' (XIOS/3) have been
recognized with top honors. 2007 has been an exciting year for
Xcerion with the launch of our initial Beta of our 'Cloud OS,' and we
are looking forward to continued success. We are building a great
company".
The event included start-ups from all across Europe that demonstrate
strong potential to excel in today's fiercely competitive Web 2.0 &
Online Communities market.
Pamir Gelembe, consultant at Newtonmore Capital and the 19 person
selection committee composed of experienced, pan-European investors
(Venture Capital firms & Business Angels), industry professionals,
and market leaders such as Google and Electronic Arts selected the
Top 25 companies from a selection of 600 companies.
For press inquiries, please contact pr@xcerion.com
(http://xcerion.com/presskit)
About Xcerion
Founded in 2001 by Daniel Arthursson, Xcerion AB (xcerion.com)
provides a XML Internet OS (XIOS/3) as a Web 2.0 service over the
Internet. The service changes how software is distributed, sold and
developed. The service includes a complete OS, productivity tools and
various applications needed for everyday computing. It scales for
millions of users. The core technology behind the Internet service is
a new XML OS driven by an XML Virtual Machine. Xcerion AB is based in
Linkoping, Sweden with offices also in Stockholm, Sweden and Seattle,
USA. The key management team includes, Daniel Arthursson CEO, Jonas
Thornholm CFO and Marcus Bristav CTO. Xcerion AB is privately held
and backed by Northzone Ventures, Scandinavia's leading Venture
Capital firm with US $450 million under management.
The Xcerion logo is available at
http://www.primenewswire.com/newsroom/prs/?pkgid=4461
About Northzone Ventures
Northzone Ventures has backed early stage Nordic technology winners
since its inception in 1994. Northzone has nine General Partners
based in Stockholm, Oslo and Copenhagen, and has through their five
funds invested in close to 50 companies -- they are currently active
in 25 technology companies throughout Scandinavia. Northzone V was
raised in April 2006 with 175 million Euro from top-tier European
institutional investors. Present and past portfolio companies include
Funcom (Oslo:FUNCOM), Lastminute (acquired by Travelocity, Inc.),
Nextgentel (acquired by TeliaSonera), Pricerunner (acquired by
Valueclick, Inc.), Stepstone (Oslo:STP) and Trolltech (Oslo:TROLL).
For more information please visit www.northzone.com.
CONTACT: Xcerion
Daniel Arthursson
Jonas Thornholm
+46 (0) 13214400
