May 3, 2005
Connectiva Expands Operations, Bolsters Management Ranks
Additional resources to support sales momentum and product development
May 4, 2005
New York City
USA
Connectiva Systems, a leading provider of revenue assurance solutions to the telecom industry worldwide today announced that it had recently expanded operations by opening new sales offices in London, UK and New Delhi, India, and by increasing resources at its research and development hub in Kolkata, India.
"This expansion reflects our desire to be closer to our existing customers as well as meet the growing needs of new customers in the Europe-Middle East-Africa (EMEA) and the Asia-Pacific regions. Furthermore, we are doubling the size of our world-class research and development centre in Kolkata, India both in terms of headcount and office space," said Avi Basu, CEO, Connectiva Systems, "which is indicative of our commitment to developing a leading global product company from India."
Connectiva also announced the addition of Mr. Parikshit Bhaduri as Vice President, Technology Development. Mr. Bhaduri brings over 15 years of executive experience with world-class software companies to Connectiva. Prior to joining Connectiva, he was Senior Director of Development, Platform Technologies, with Oracle Corporation at its headquarters in Redwood Shores, California. Mr. Bhaduri will relocate from the USA and will be based out of Connectiva's R&D centre in Kolkata, India. Commenting on this addition, Jack Kundamal, COO of Connectiva Systems, said, "We continue to make incredible progress in building a top notch product development team. Our innovative approach and market leadership is helping us attract phenomenal talent like Parikshit Bhaduri, who can help Connectiva increase its lead over the competition."
About Connectiva Systems
Connectiva Systems is a revenue chain management software company whose solutions enable telecom operators to improve business performance, productivity and profitability. Connectiva's award-winning ONEREViEWTM is a multi-application platform for revenue assurance, fraud management, and risk analytics, which can either be deployed as an integrated suite, or as independent applications.
Companies that have partnered with Connectiva to identify and recover more than $500 million in leaked revenues include leading global service providers such as the Zain Group, Cable & Wireless, Bharti Airtel, Etisalat, Qtel Group, and BSNL, among others. Headquartered in New York, the company is privately held and has offices in London, Mexico City, Bahrain, New Delhi, and Singapore. Connectiva's Global Innovation Center is located in Kolkata, India.
Contact:
Mr. Kaustav Ghosh
kghosh@connectivasystems.com
+91 33 2357 7531