Houston, Texas, August 30, 2011 – RedHouse Associates, one of Houston’s top startup accelerator teams, today announced a partnership with ITSCAPE, a Houston based provider of cloud-based IT management solutions.  Many organizations are quickly losing control of data center management and configuration with the adoption of Virtual Machines and the move to Cloud Computing.  ITSCAPE is redefining IT management for small and medium sized enterprises by delivering visibility, control, and agility across today’s increasingly complex hybrid IT environments.

RedHouse will be working closely with ITSCAPE to help build the company. "We are very impressed with the experience, professionalism and work ethic of RedHouse Associates.” said J. El-Assaad, CEO of ITSCAPE.  “We have a huge opportunity ahead, and we believe the expertise RedHouse brings to the table will be the catalyst in accelerating ITSCAPE to the next level.  With the complexities posed by the massive evolution occurring in the computing landscape, IT management teams can quickly regain control and transform the way they work through powerful and easy to use ITSCAPE solutions. "

"Although the relationship between RedHouse and ITSCAPE is relatively new, I have known of Jihad and his talents from his days at BMC.", said Doug Erwin of RedHouse Associates, "He is a proven developer and leader that gives me great confidence in the plans for ITSCAPE’s technology.  Jihad's innovative mind will allow us to lead the market with solutions to managing this new age of computing.  We are excited about the possibilities of the combined talents of both ITSCAPE and RedHouse."

About ITSCAPE

ITSCAPE provides a cloud-based IT management solution targeted at the small and midsize enterprise that is looking to transform its datacenter and become more agile and cost effective. Using ITSCAPE, an IT manager is able to rapidly gain visibility into his datacenter resources and view the inter-dependencies of his business services, and he is also able to monitor and manage his configuration changes and automate tedious end-to-end tasks.  Visit  www.itscape.com for more information.

About RedHouse Associates LLC

RedHouse Associates provides strategic advice and services to assist clients in developing business plans, devising product strategies, growing sales organizations, preparing senior management teams for interaction with investors, and advise our clients on raising capital and strategic exits.  Visit www.RedHouseAssociates.com for more information.

For more information contact:

Keith Kreuer

RedHouse Associates

Keith.Kreuer@RedHouseAssociates.com

713-338-2156