HIGH-PERFORMANCE CLOUD GAMING PLATFORM LIQUIDSKY RAISES (US) $4 MILLION

Samsung Global Innovation Center, Sun Microsystems Founder McNealy, and former AOL-Time Warner Executive Raduchel Invest in Desktop-as-a-Service (DAAS) Startup

LiquidSky – a revolutionary high-performance cloud-based gaming, processing, and remote desktop service – is pleased to announce today the successful closing of (US) $4 million in a series of seed rounds, led by Samsung Global Innovation Center, Sun Microsystems founder Scott McNealy, and former Sun Microsystems and AOL-Time Warner executive Bill Raduchel. Both McNealy and Raduchel serve as LiquidSky’s strategic advisors, with Raduchel also the company’s Chairman of the Board. Presently in closed beta, LiquidSky has already attracted over half a million users to its revolutionary Desktop-as-a-Service (DaaS) platform.

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“We are thrilled to have secured the confidence and financial backing of Samsung Global Innovation Center, as well as technology pioneers Scott McNealy and Bill Raduchel,” said Ian McLoughlin, LiquidSky CEO. “Beyond their financial support that will help us scale and grow our infrastructure, their industry know-how is invaluable in helping LiquidSky remain at the bleeding edge of cloud computing.”

“LiquidSky has the potential to open up an entirely new phase of the cloud  – true real-time, low-latency computing,” added Gus Warren, Managing Director of Investments at Samsung Global Innovation Center. “This could present significant opportunities for our business units, and we’re thrilled to support Ian and his team as they officially launch the platform.”

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LiquidSky uniquely solves the four biggest issues that have plagued other cloud-based gaming services: high latency, high cost, limited scalability, and a finite catalog of supported games. Gamers can play any PC title nearly anywhere, anytime on Android, Mac, Linux or even low-spec Windows PC devices via their very own cloud-based “SkyComputer” – a dedicated high-spec Windows gaming PC with up to a terabyte of online storage. LiquidSky customers may download and play any PC game or high-performance application they choose from any leading digital distribution portal, including Steam, BattleNet, Uplay, Origin, and many others. If a game or application runs on Windows, LiquidSky supports it!

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Customers purchase LiquidSky access via a pay-as-you-go plan for as little as $0.50 a “SkyCredit” (typically an hour of play) with a ten SkyCredit purchase minimum. The more comprehensive “Gamer” and “Unlimited” subscription plans currently cost $14.99 or $39.99 a month and offer 500GB or 1TB storage, respectively.

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