NEW YORK – AdCloud® Media (www.adcloudmedia.com) announced that it has reached legal settlement, dismissing in full a lawsuit brought against the company by AdKnowledge, Inc.
AdCloud Inc. agreed to avoid business with five advertising clients and five publishing suppliers until Oct 31, 2010. The agreement also permits AdCloud to retain all of its current employees and rehire one former employee and provides mutual releases in full for both parties among other items.
AdCloud was represented in the settlement negotiations by Altman & Company P.C. (www.altmanco.net) of New York.
The AdCloud solution was designed and developed from the ground up for a distributed cloud computing environment, using the latest technology in PHP web caching and optimization along with MYSQL database replication technologies.
A highly intuitive solution, AdCloud has integrated many of the industry’s long-sought-after features, such as “screen-on-the-fly” fraud protection, real-time reporting and account management in its platform. AdCloud’s network currently processes in excess of 200 Million ad queries per day with exceptional response times.
The Cloud Computing Advantage
The AdCloud product resides transparently on cloud computing. This gives the company the ability to isolate traffic in a variety of ways to improve traffic quality for all advertisers, identify traffic sources or auto-scale the capacity of AdCloud’s network in seconds during peak periods. By only deploying computing capacity when needed, AdCloud is able to reduce its infrastructure cost during off peak periods and thereby pass along this cost saving to advertisers and partners.
Interested Advertisers and Publishers can sign-up online at www.adcloudmedia.com