SWsoft CEO Serguei Beloussov Honored as Entrepreneur of the Year

December 4, 2007; 08:04 AM

HERNDON, Va. -- Serguei Beloussov, CEO of SWsoft, a fast-growing virtualization and automation solutions company, was named "European Entrepreneur of the Year 2007". The prestigious Audemars Piguet "Changing Times Award" rewards the European entrepreneur whose company has made the greatest impact on the greatest number of people over the past three years.

SWsoft has more than doubled revenues annually since its inception eight years ago, has won 27 awards in the past 12 months and has 55 patents issued or pending. Its number of employees has increased by 50 percent this year to a total of 900.

The award is sponsored by Audemars Piguet, one of the world's premier watchmakers (www.audemarspiguet.com) in cooperation with the European Tech Tour Association (www.techtour.com), an independent organization composed of key contributors to the high-technology industry. The association was founded in Geneva in 1998 in response to growing interest in emerging technology companies in various European regions.

"It is an honor to receive this award, and acknowledges the rapid progress the entire SWsoft team has made in enabling the optimization of desktop and server computing with innovative and useful technology," said Serguei Beloussov. "I believe the most important quality for entrepreneurs is to never stop, never give up and never surrender. Our team is keeping that spirit as we move forward because we still have much to accomplish."

About SWsoft
SWsoft is a global leader in virtualization and automation software that helps consumers, businesses, and service providers optimize their use of technology. The company's software is used by more than 700,000 customers in 125 countries. The SWsoft product line includes Virtuozzo - the leading operating system virtualization solution, Parallels - the leading desktop virtualization product, and Plesk - the leading server control panel. Founded in 1999, the company has offices throughout North America, Europe, and Asia. For more information, visit www.swsoft.com.