Megasoft’s telecom division XIUS, wins prestigious HP Business Partner of the Year Award for the EME
Megasoft Limited (BSE CODE NO: 532408), a transnational Intellectual Property-driven, product-based technology company, today announced that its telecom division XIUS has won the HP Software (CME) Business Partner of the Year Award, for the EMEA region.
[USPRwire, Tue Feb 06 2007] Megasoft Limited (BSE CODE NO: 532408), a transnational Intellectual Property-driven, product-based technology company, today announced that its telecom division XIUS has won the HP Software (CME) Business Partner of the Year Award, for the EMEA region. The award recognizes partners in Europe, the Middle East and Africa that have demonstrated outstanding commitment to HP Communication, Media & Entertainment (CME) business group, thereby increasing the quality of HP.
XIUS (The Telecom Division of Megasoft) has been an HP OpenCall Partner since 2001 and is a key partner to HP for its complete OpenCall portfolio of products covering signaling, media and next generation signaling technologies. The unique suite of solutions developed by XIUS has allowed OpenCall to break into new accounts and new geographies. Over the last five years XIUS has grown several times over, both organically and inorganically. This award illustrates its capabilities in providing innovative solutions that are both customized and cost effective to support applications sales and implementation, developed jointly to meet individual customer needs and help grow their revenues
Mr. GV Kumar, Managing Director & CEO, Megasoft Ltd. & XIUS, stated "XIUS has had a longstanding relationship with HP and our partnership has benefited both of us immensely. Together we have worked on intricate issues of the telecom industry and come up with innumerable solutions, enabling us to put ready-to-deploy applications right into the hands of service providers.
“This acknowledgement from the global IT major will add impetus to our efforts and facilitate opening of new growth opportunities in the EMEA region,” added Mr. Kumar.
About Megasoft Limited (www.megasoft.com)
Established in 1994, Megasoft is a transnational Intellectual Property-driven, product-based technology company that focuses on its expertise in the growing Telecom sector. The company has initiated a strategic transition – from a midsized IT services company to a leading domain-led Intellectual Property (IP)-driven technology company. Megasoft is a SEI CMM Level 4 company that operates out of USA, UK, Singapore, Malaysia and Germany, and in Hyderabad and Chennai in India. Megasoft is publicly listed in the Bombay Stock Exchange and the Madras Stock exchange. Megasoft has a January~December Financial Year. For the fiscal ending December 31, 2005, the revenues stood at Rs. 115 Crore (Rs.85 Crore for full year FY 2004) and profits were Rs. 20 Crore. After the amalgamation of XIUS with it in 2004, Megasoft’s Telecom offerings have been deployed by many operators across all continents.
XIUS (www.xius.com), (The Telecom division of Megasoft) is one of the fastest growing Telecom Products and Solutions organization in the world. Its end-to-end innovative products and solutions to multiple segments of the telecom industry span the markets of Mobile and Fixed Telephony, Internet Telephony as well as Mobile Commerce services. These include Convergent Billing, Advanced Roaming and Interoperability solutions to Wireless and Wireline Operators, MVNOs, ISPs and other Network Service Providers; billing and payment processing solutions to Telephony, Banking, E-Commerce and Internet Applications markets.
For further information contact:
Ravindranath Alagar (VP - Marketing) +91 98669 95510
ravia@xius.org
Tel:+ 91 40 5566 4646
