Persistent Systems Receives SISO’s Most Preferred Outsourcing Business Partner Award for 2009Persistent Systems, a software product development services company, today announced that it has received Samsung’s ‘Most Preferred Outsourcing Business Partner’ award for 2009 from Samsung Electronics India Software Operations (SISO).
By: 20:20 Media The award was presented to Dr. R. Venkateswaran, Head, Telecom Business Unit, Persistent Systems by Mr. Banghun Chun, MD, Samsung Electronics India Software Operations (SISO) at a function held in Bangalore. SISO is one of the eleven Research & Development centres of Samsung Electronics Co. Ltd., housed in the IT hub of India, Bangalore. SISO works with some of the best organizations in software and technology in India, leveraging their core competencies. Charged with spearheading Samsung´s initiatives in India, SISO contributes to an array of technologies in the wireless, networking, convergence, digital and semiconductor areas in India where these domains have seen rapid and dramatic growth. Persistent, through its mobile devices capabilities has facilitated SISO to build advanced solutions for their next generation of products. With its end-to-end mobile application development experience, Persistent aims to deliver applications faster, in a cost effective manner, and with reduced risk. Currently, a team of350 engineers works exclusively on a variety of mobile platforms to develop over 50 product releases per year for carrier-grade and enterprise-class applications. “It is a matter of great pride for Persistent to receive the ‘Most Preferred Outsourcing Business Partner’ award from Samsung,” said Dr. Anand Deshpande, Chairman and Managing Director, Persistent Systems. “We are very excited about this recognition from a valued customer and innovation partner. and this award acknowledges the value we bring to the development of next-generation Samsung handsets. “We partnered with Persistent Systems for their proven capabilities in providing high quality R&D services in certain niche areas in the mobile space. Their commitment and sincerity to partner with us has fetched them this recognition,” With more than a decade of experience in mobile application development, Persistent delivers expertise in all major mobile platforms, including BlackBerry, iPhone, J2ME, BREW, Windows Mobile, Symbian, Palm, Embedded Linux and partnerships with Android Open Handset, BlackBerry, Nokia Trolltech and iPhone Developer Program. Persistent’s mobility domain experience also includes the development of carrier-grade/ Persistent’s mobility capabilities include expertise in: •Developing carrier grade/enterprise class applications, including push-email, social networking, enterprise mobility and PIM services • Porting device applications • Developing applications, as well as protocol stacks • Device testing and certification For more information on Persistent’s mobility applications and services, visit: Persistent’s mobility practice or contact mobile_info@ About Persistent Systems: Established in 1990, Persistent Systems is recognized as an award-winning technology company specializing in software product development services. Persistent currently conducts business at various locations in India including in Pune, Nagpur, Hyderabad and Goa and overseas in Canada, Japan, Germany, The Netherlands and UK. The Company also has business presence through its subsidiaries in US and Singapore. With 4,400+ employees as of November 30, 2009, innovative business models, and reusable assets and frameworks, Persistent aims to help its customers increase revenues and margins, and enhance brand value. It has developed proven processes for the entire product lifecycle and has contributed to over 3,000+ software product releases in their last five years and has 297+ customers as of Fiscal 2009. For more information, please visit: www.persistentsys.com Disclaimer: “The Company is proposing, subject to market conditions and other considerations, a public issue of its equity shares and has filed a Draft Red Herring Prospectus with SEBI. The Draft Red Herring Prospectus is available on the website of SEBI at www.sebi.gov.in and the respective websites of the BRLMs at www.enam.com, and www.jpmipl.com.Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, see the section titled “Risk Factors” of the aforementioned offer documents. This is not an offer or solicitation of an offer for sale of equity shares in the United States. These equity shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an exemption from registration under such act. There will be no public offering of equity shares in the United States." Media Contacts: Pinal Patil Persistent Systems Ltd. Tel: 09890676044 Email: pinal_patil@ Shweta Dubey 20:20 MEDIA Pvt. Ltd. Tel: 09820390707 Email: shweta@2020india.com End
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