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mFormation Expands Global Presence with New India Office
Edison, NJ and Bangalore, India - July 7, 2005 - mFormation® Technologies Inc. (http://www.mformation.com), a leading provider of mobile device management software, today announced the opening of a new office in Bangalore, India. mFormation’s India office will be a key software development center as well as providing professional services, sales and support for mobile operators in the growing Asian market. With $35+ million investment from top-tier venture capital firms, including Battery Ventures, Carmel Ventures, Intel Capital and North Bridge Venture Partners, mFormation plans to grow the India team to up to 200 personnel over the next two to three years.
“The expansion into India comes as demand increases in Asia and around the world for mFormation’s market-leading mobile device management software,” said Mark Edwards, mFormation’s Chief Executive Officer. “By expanding our operations into India, we can leverage its deep pool of technical talent to build new products and provide the sales and support resources our global operator customers require.”
mFormation has appointed Bhasker Sharma as Country Manager and Director of Operations, India. With 23 years of experience in the Indian software industry, Mr. Sharma was most recently Director of India Operations at Clovis Solutions, a provider of system infrastructure software for telecom equipment manufacturers.
“mFormation is well positioned to take advantage of a tremendous opportunity in mobile device management as adoption of new devices and services grows globally,” said Mr. Sharma. “I look forward to building a team in India that can play a critical role in expanding mFormation’s worldwide presence to take advantage of this opportunity.”
mFormation has also appointed Chittur Sreenivasan, with over 20 years experience in the India software industry, as the new VP of Engineering, India. “I am excited to be part of building a world-class R&D and engineering team in India to support mFormation’s growing customer base of global operators,” said Mr. Sreenivasan. “I expect that within the next 12-18 months the India office will take complete responsibility for certain areas of the product and will also actively contribute to the evolving OMA standards.”
The India office will be involved in creating new mobile device management server products for emerging networks such as WCDMA and WiMax, building embedded software for new wireless devices, creating integrated offerings with mFormation’s leading partners, and creating a support organization for global operators.
About Mformation
Mformation Technologies Inc. is the leading global provider of mobile device management (MDM) technology, offering a complete solution that enables mobile operators to rapidly accelerate their data revenues and reduce support costs. Mformation's award-winning MFORMATION SERVICE MANAGER™ suite is the most complete, flexible and integrated mobile device management software solution in the industry, providing solutions for OMA DM-based provisioning and configuration, FOTA management, smartphone application management, diagnostics, security management, enterprise management and customer experience management.
MFORMATION SERVICE MANAGER™ received the 2007 GSM Association’s award for “Best Service Delivery Platform” and was a finalist for the 2008 CTIA E-Tech award in the 4G-Service Management category. Mformation's platform has been licensed to leading operators in Asia, Europe and the US including Sprint, T-Mobile, Telefónica and Vodafone. Mformation is headquartered in Edison, New Jersey with offices around the globe. Mformation is a privately held company funded by Battery Ventures, Carmel Ventures, Intel Capital [NASDAQ: INTC], North Bridge Venture Partners, QuestMark Partners, Visa International and Wasatch Advisors Inc.
Contact Mformation on the Web at www.mformation.com
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Mformation and the Mformation logo are registered trademarks and MFORMATION SERVICE MANAGER is a trademark of Mformation Technologies, Inc. All other trademarks, registered trademarks and brand names are the property of their respective owners.
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