APPCELERATOR HONORED AS A TOP STARTUP IN MOBILE: OnMobile, Red Herring and TiE50 Awards Continue Appcelerator’s Winning Streak

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MOUNTAIN VIEW, CALIF. – May 29, 2012 – Appcelerator® announced today it has achieved a hat trick of awards being named one of OnMobile’s “Top 100 Most Promising Private Companies in the Mobile Sector,” a Red Herring Top 100 Winner, and a 2012 TiE50 “Top Startup.” These awards add to a succession of accolades Appcelerator has earned this year, as the company continues to star as one of Silicon Valley’s hottest companies. Appcelerator’s integrated mobile platform, Titanium™, is used by more than 1.6 million web developers to build native, hybrid and HTML5 mobile apps.

“We are honored to be recognized by these respected organizations as an innovator and leader in mobile,” said Jeff Haynie, CEO of Appcelerator. “Titanium’s cross-platform technology increases ROI and innovation for companies looking to capitalize on mobile, and we will continue to blaze the trail in this industry, unleashing the next generation of rich, cloud-connected mobile apps.”

The OnMobile “Top 100 Most Promising Private Companies” award recognizes companies who are leaders among their peers, and are developing game-changing approaches and technologies that push outside the bounds of existing markets and away from entrenched players. Companies are selected based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz. Appcelerator was named a “Top 100 Most Promising Private Company” in the mobile sector.

The TiE50 Award goes to the most visionary and market-aware startups in five key market segments. The organization screened thousands of worldwide applicants for this year’s award through a multi-tier process presided over by judges, including prominent entrepreneurs, venture capitalists, corporate executives and domain experts. Selections were based on innovation, ingenuity, strong management teams and quality of ideas. Appcelerator was awarded the “Top Startup” in the wireless/mobile category.

As a Red Herring “Top 100 Americas” winner, Appcelerator was evaluated and selected for its financial performance, technology innovation, management quality, strategy, and market penetration. Red Herring complements these criteria with a review of the company’s track record and standing relative to sector peers. Appcelerator was recognized for being one of the most promising new business models in Americas.

Appcelerator Titanium is the only mobile cloud platform to enable fully native-cross platform, mobile app, hybrid and HTML5 web development, from a single codebase. By enabling developers to build a mobile application once and have it run on many devices, it significantly cuts time-to-market and application development costs, enabling rapid mobile app development of both enterprise and consumer apps.

The success of Titanium has led Appcelerator to become the number #1 third-party publisher on Apple’s App Store, while achieving top 10 status in almost every major application category. The company’s customers include some of the world’s largest brands, such as NBC Universal, eBay, LEGOLAND, and Zipcar, and its solutions have been recognized as the most innovative in the mobile industry by some of the most influential organizations, including GSMA, CTIA, Fast Company and GigaOM.

To learn more about Appcelerator and its award-winning mobile cloud products, visit: www.appcelerator.com.

About Appcelerator
Appcelerator’s Titanium is the leading mobile platform of choice for thousands of companies seizing the mobile opportunity. With more than 40,000 applications deployed on 50 million devices, Appcelerator’s award-winning Titanium Platform leverages over 5,000 mobile device and operating system APIs to create native iOS and Android apps, and HTML5 mobile web apps. Customers who standardize on the Titanium Platform get to market 70% faster and can quickly optimize business results with analytics-driven insights into user behavior and app performance. Open and fully extensible, Titanium makes it easy to integrate data, content and services from a variety of sources into mobile applications to leverage best-of-breed capabilities. Appcelerator Cloud Services (ACS) provides instant social, location, communication and content features for user-centric mobility. Appcelerator’s worldwide ecosystem includes 300,000 mobile developers and hundreds of ISVs and integration partners. Please visit http://www.appcelerator.com.

Appcelerator is a registered trademark of Appcelerator Inc. Appcelerator Titanium is a trademark of Appcelerator Inc. All other trademarks and copyrights are the property of their respective owners.

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