Nimbo Recognized in Inc. 500's List of Fastest Growing Companies

Accredits Emerging Niche Cloud Market

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| Source: Nimbo

NEW YORK, Aug. 20, 2014 (GLOBE NEWSWIRE) -- Inc. magazine today announced that Nimbo, an Enterprise Cloud Solutions provider, earned position #480 on the 2014 Inc. 500 list.

For 33 years Inc. has provided an exclusive ranking of the nation's fastest-growing private companies and represents a comprehensive look at the most important segment of the economy—America's independent entrepreneurs. The average company on the list grew a staggering 3,313%. As an Inc. 500 honoree, Nimbo now shares a pedigree with Intuit, Zappos, Under Armour, Microsoft, Pandora, GoPro, and other exceptional companies.

Complete results of the Inc. 500, including company profiles and an interactive database, can be found at www.inc.com/500.

Mergers, Acquisitions and Divestitures – An Emerging Niche Cloud Market

Nimbo attributes its impressive growth primarily to successful performance in a niche market of the enterprise cloud industry – Mergers, Acquisitions and Divestitures.

Nimbo's CEO, John Shaw, says, "Nimbo's key to success is pretty simple. We have small, agile and extremely competent teams with the ability to continuously adapt. Our culture and structure makes us very effective in meeting evolving customer needs while utilizing the latest, state-of-the-art technologies to do so. It enables us to always stay ahead of the game, identify the top emerging trends and provide specialized solutions ahead of competition in a more efficient manner. A significant portion of our growth is thanks to our success in customizing and providing Cloud Escrow Services, for both sellers and buyers in an M &A or divestiture situation."

By utilizing leading cloud platforms, Nimbo works with both parties of an M &A or divestiture to create an escrow type of environment, a neutral zone, which can seamlessly and securely be transferred from seller to buyer at the completion of the business transaction. With an increasing number of successful projects in this niche market, Nimbo has ascertained a proven track record of optimizing due diligence, expediting deals, improving ROI and speeding up post-deal integration. Find out how Nimbo supported a billion dollar Energy divestment by migrating an entire enterprise IT suite to the cloud.

Nimbo's COO, Ira Bell, says, "We are extremely happy to have made the Inc. 500. It is a great testament to our hard work and wonderful customers. Our mission to be recognized as the expert in enterprise cloud technology has been an incredibly fun and rewarding journey thus far. To be part of a class of so many successful companies is humbling and appreciated."

About Inc.

Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.

About Nimbo

Nimbo provides leading Enterprise Cloud Solutions and migration services, helping enterprise organizations adopt and manage cloud technologies. Partnering with Microsoft and AWS, Nimbo provides superior cloud solutions to satisfy business objectives, simplify IT management, meet security and compliance requirements. Nimbo is today a trusted partner to CIOs of some of the world's largest organizations. For more information, visit www.nimbo.com

Asa Black
Director of Marketing
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713.401.1790 (main office)