Joyent Acquires Layerboom Systems

Deal Will Expand Joyent Cloud Solutions and Enhance Support for Windows/Linux Users

SAN FRANCISCO, July 19, 2010 - Joyent, a leading global provider of cloud computing solutions, announced
today that it has acquired Vancouver-based Layerboom Systems, a leading
provider of software virtual server management tools for hosting providers
and enterprise companies.

The acquisition will enable Joyent to offer expanded cloud infrastructure
services to customers by adding new virtualization technology for Windows and
Linux operating systems. Joyent customers will be the only cloud computing
users able to enjoy the benefits of both the cloud-optimized Joyent SmartOS
and legacy Windows and Linux platforms in their application architectures.

The acquisition marks the third such major deal in the past few years as
Joyent actively transforms its unique smart computing solutions into the most
comprehensive infrastructure-as-a-service and platform-as-a-service offering
on the market.

"Joyent already offers customers the widest range of integrated Smart
Technologies to support high-performance and reliable cloud computing," said
Joyent CEO David Young. "With Layerboom's capabilities on our team, we are
able to offer a broader technology portfolio and continue to drive the
development of increasingly sophisticated cloud-based application
architectures."

Layerboom's dynamic, open-source virtual server cloud management
solutions provide a powerful multi-tenant administration system that enables
flexibility and agility in managing virtual private server cloud build out
and maintenance. Layerboom's technologies are designed to be easy to deploy
and manage, allowing IT professionals the freedom to attend to more
business-critical functions.

"By joining forces with Joyent, Layerboom technology will become
seamlessly incorporated into one of the leading cloud technology providers,"
said Howie Wu, CEO of Layerboom. "This will allow us to provide Joyent
customers with a broader range of solutions across a wider swathe of
industries supported by Joyent's Smart Technology."

About Joyent

Joyent has been providing infrastructure as a service since 2004, long
before it was ever called "cloud computing." The company recently expanded
its global operations in Europe, the Middle East, Africa and China to meet
the growing demand for public and private cloud development in those regions.
For more information about Joyent's unique stack of enterprise-class smart
technologies for cloud computing, visit www.joyent.com.

Joyent is a leading infrastructure provider for some of the fastest
growing businesses on the Web, including:

Watercooler, which supports millions of users every day on Joyent
architecture.

LinkedIn, which delivers billions of pages each month using Joyent
infrastructure services.

Country Life, which has used Joyent's high performance infrastructure to
scale quickly to over 8 million monthly active users on Facebook with great
gameplay.

Gilt Group, one of the world's fastest growing eCommerce businesses,
which has been able to reduce costs significantly by building on Joyent
infrastructure.

Maya Zarchan of SSPR, +1-719-634-8279, mzarchan at sspr.com