03/02/2010
AGNITY Grows its Services Business Unit, Expands Leadership Team

Industry Veteran Venkat Yellapragada to Focus Division on Enterprise, Healthcare, Communications and Multimedia Services

SILICON VALLEY – Feb 3, 2010 – AGNITY, Inc., a leading provider of applications, solutions and services to mobile and fixed line service providers and enterprises, announced today that the company has hired industry veteran Venkat Yellapragada to lead the company’s services division as vice president of services sales, focusing on areas of communications and multimedia, enterprise and healthcare. Venkat joins AGNITY with more than 20 years of industry experience in communication and information technology.

AGNITY Services works with business leaders to transform the way their companies communicate and collaborate with customers, colleagues and partners, increasing business performance and accelerating business growth. AGNITY’s service offerings center on product engineering, applications outsourcing, system integration and business asset transfer in communications and multimedia, mobile and embedded systems, enterprise, and healthcare practice areas.

Prior to joining AGNITY, Venkat held executive positions at Satyam, Tech Mahindra and Siemens. He has extensive experience in applications development and outsourcing, systems integration, product engineering and OSS/BSS solutions and has worked closely with carriers, network equipment manufacturers and enterprises.

“AGNITY’s highly skilled team with deep product development experience and broad industry knowledge are key to the value AGNITY Services provides to our customers’ success and business growth. Venkat’s extensive experience and understanding of the industry will surely help AGNITY to expand its growing services business unit” said AGNITY CEO Sanjeev Chawla. “His addition to AGNITY Leadership team will enable us to meet our accelerated growth objectives.”

“Differentiated service offerings will have a higher chance of success in the increasingly focused and competitive marketplace. AGNITY is well positioned to deliver high-quality solutions, ensuring our clients’ business success,” Venkat said. “I look forward to working with AGNITY’s high-caliber team to leverage our expertise and expand AGNITY’s service offerings.”




About AGNITY, Inc.
AGNITY is a global applications and consulting services company dedicated to helping service providers, network equipment manufacturers, and businesses design, develop and deploy application solutions. AGNITY ACONYX™ is the industry’s leading Service-Oriented Communications Architecture (SOCA) enabling communication service components to be rapidly and cost-effectively deployed within the applications infrastructure. The company is headquartered in Silicon Valley with development centers in Plano, Toronto and Noida, India. AGNITY is one of the only companies of its kind that has deployed next generation application solutions and provided application services to over 50 customers worldwide. . For more information, visit www.agnity.com.

AGNITY®, the AGNITY® logo, and combinations thereof are trademarks of AGNITY, Inc. All rights reserved.

For further information please contact:

Uday Choudhury
AGNITY, Inc
(510) 270-5412
uday.choudhury@agnity.com



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AGNITY media relations, please contact:

Jo Anne Yau at:
jayau@phillipscompany.com
+1 512-402-5857 x28
 
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