19 Jun 2007 11:28
Subex Azure Limited19 June 2007 Press Release 18 June 2007 Subash Menon appointed to NASSCOM Executive Council 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 asa member to the Executive Council of the National Association of Software andService Companies (NASSCOM), India's premier trade body for the IT Industry. Histenure will be for two years. The NASSCOM Executive Council is the highest decision making body of theassociation and governs all its activities, including regional, national andinternational events. The Executive Council consists of thought leaders of theIndian IT Industry ensuring that all activities adhere to the general vision ofNASSCOM, which is to establish India as a software powerhouse and position thecountry as the global sourcing hub for software and services. In addition to providing general advice, council members contribute and focus onareas that best utilize their professional experience for the benefit of theindustry via the NASSCOM platform. The NASSCOM Executive Council has 27 members. "It is a great honour to be appointed to the NASSCOM Executive Council. NASSCOMhas been steering the Indian IT industry in the right direction for severalyears now. As a council member I hope to help meet the goals of the association,as well as bring India to the forefront of software product business consideringthat the country is beginning to ride an IT product wave," said Subash Menon. -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 alex.crawshaw@catalysis.co.uk / kate.bonner@catalysis.co.uk In the U.S. please contact Guy Murrel at Catapult PR-IR tel +1 303-581-7760 gmurrel@catapultpr-ir.com In India please contact Shivaram Lakshminarayan at Genesis Burson-Marsteller PR tel: +91 9886136796 shivaram.l@bm.com This information is provided by RNS The company news service from the London Stock Exchange