2nd Jul 2007 09:36
Subex Azure Limited02 July 2007 Press Release 2 July 2007 Subash Menon to head NASSCOM Product Forum Bangalore, INDIA: Subex Azure Limited, a leading global provider of OSSsolutions for telecom operators, announced today that Subash Menon, FounderChairman, Managing Director & CEO of Subex Azure Limited, has been appointed asthe Chairman of the Product Forum of NASSCOM, India's premier trade body for theIT industry. His tenure will be for two years. Commenting on his appointment, Subash Menon said, "It is an honor to beappointed as the chairman of the NASSCOM Product Forum. In this role, I hope tohighlight the country's expertise in software product development and bring tothe industry the recognition it deserves." The key objective of the NASSCOM Product Forum is to provide definitive focusfor Indian product companies through an ecosystem that supports IP development,funding, mentorship and brand building. The NASSCOM Product Forum aims to address issues related to marketing andintellectual property protection. The Forum is well represented by Indian andMNC product companies. Some of the key activities of the Forum include promoting the software productsbusiness in India and projecting the country internationally as a source forhigh quality software products. The Forum will also strive to build awarenessamong ecosystem partners like funding agencies and customer segments. -ENDS- About Subex Azure Ltd. Subex Azure is a leading global provider of OSS solutions with a mission toempower telecom operators to achieve competitive advantage and deliver newservice experiences to subscribers. The company pioneered the strategic conceptof the Revenue Operations Center (ROC) - a centralized and integratedinfrastructure for end-to-end monitoring, measurement and control of theoperator's revenue chain - to foster operational dexterity and hence sustainedprofitability. Subex Azure's software portfolio powers the ROC and its best-in-class solutionsenable new service creation, subscriber-centric fulfillment, provisioningautomation, revenue assurance & cost management, data integrity management,fraud management and interconnect/interparty settlement. Subex Azure's customers include 32 of the world's 50 largest telecom operatorsby revenue. The company has more than 150 installations in over 60 countries.Subex Azure was named in the prestigious Deloitte Technology Fast 500 AsiaPacific 2006 list of companies, underlining the company's growth and leadershipstatus. For more information please visit www.subexazure.com Forward Looking and Cautionary Statements Certain statements in this release concerning Subex Azure's products, strategyand future growth prospects are forward -looking statements, which involve anumber of risks, and uncertainties that could cause actual results to differmaterially from those in such forward -looking statements. The risks anduncertainties relating to these statements include, but are not limited to,market acceptance of Subex Azure's products and services, Subex Azure's abilityto implement its growth strategy, competition in Subex Azure's areas of businessand general economic conditions affecting the telecom industry. Further information: In Europe or Asia please contact Alex Crawshaw or Kate Bonner at Catalysis tel: +44 (0)20 7101 7333 / 7326 [email protected] / [email protected] In the U.S. please contact Guy Murrel at Catapult PR-IR tel +1 303-581-7760 [email protected] In India please contact Shivaram Lakshminarayan at Genesis Burson-Marsteller PR tel: +91 9886136796 [email protected] This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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