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I don't see molecules, I see flames. It looks a little devilish to me. I like the font choice of SYSOX, and I like the way the OX is offset and violates the circle.
What doesn't work for me is the flames and the little bubbles (molecules?) off to the bottom right. You might represent them with a transparent circle with atoms circling a nucleus, but this could get too busy if you're not careful.
The tag "custom web services" doesn't work for me with the font choice, the all lower case treatement, and the little box it sits in. It seems very separate and almost like an after-thought. Is there a way you could incorporate it into the main body a bit more? You provide the power -- the servers, the software, the hardware...maybe wire this tag into the main body a bit to help show integration.
Good start. Like to see the next round!
