Speedera Launches Full-Scale Operations In India As Platform
For Accelerated Global Growth
Tapping into the Subcontinent's Vast Reservoir of Brainpower,
Speedera Represents a New Wave of Fast-Growing Companies Using
India as a Global Springboard
BANGALORE, India. Sept. 9, 2004 Speedera Networks Inc., a leading
global provider of on-demand distributed application hosting and
content delivery services, today announced the opening of
full-scale operations in the booming city of Bangalore, India. The
office will serve more than just India as it will be providing the
full range of corporate functions for Speedera's growing list of
Global 2000 customers and helping to drive the company's
accelerated global expansion strategy. With revenues that grew 60%
in the company's most recent fiscal
year, ended June 30, the company
is seeking additional talent to fuel its white-hot growth and to
ensure greater penetration of markets worldwide.
Even before launching Speedera India, the company had already
deployed a significant network infrastructure in India beginning in
2000. Moreover, the company since its inception had also
established a gold-medal roster of well-known Indian brands for its
distributed application hosting and content delivery
solutions. In fact, Speedera used
this base of India clients to prove its
business model and to launch the
company on a growth path that resulted in 15 consecutive
quarters of rising revenues. These Indian clients included
enterprises such as the Times of India, Rediff, NDTV, Sify,
Wipro, Wisden Cricinfo, and Fabmall.
Laptop Battery The official opening of Speedera India coincides with the
announcement of VSNL as a new channel partner who will be reselling
Speedera's award-winning distributed computing network solutions.
Speedera has already forged close partner ties with other major
India firms, including Sify, HCL Comnet, and Virtual Studio.
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Thinkpad Riding this momentum, the opening of the new Bangalore office
creates a second headquarters for Speedera, whose principal offices
are in Silicon Valley in California, and which also has sales and
support offices in London, Paris, New York, and Washington D.C. The
announcement additionally comes on the heels of the introduction of
a series of new Web services from Speedera that are
changing the way companies develop their Web sites to incorporate
rich, interactive content. Live Flash Video Streaming and Dynamic
Imaging, for example, enable companies to create that lean-forward'
effect on Web site visitors through more creative and engaging
content, empowering such sites to take advantage of the unique
capabilities of the Internet for one-to-one personalized
communication.
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Microsoft This is an exhilarating moment for Speedera as the India
operations are now up and running, and include a full range of
corporate functions sales, marketing, finance, technical support,
research and development, said Ajit Gupta, President and CEO of
Speedera Networks. India represents far more than a source of
revenue for Speedera, however, as Speedera India will be as
significant to us as our current U.S. headquarters operations,
helping to drive every facet of the business for the benefit of our
customers worldwide.
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Laptop Computers We are not a U.S. company nor are we an Indian company, Gupta
added. We are truly a global company.
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Laptop Computer Speedera's distributed computing solutions address the full
range of reliability, performance, scalability, and security
challenges across the entire lifecycle of a Web site. Speedera's
comprehensive SpeedSuite family of services provides virtually
unlimited capacity on demand for any Web property, allowing an
organization to optimize its Web presence and enhance the quality
of the end-user Web site experience while slashing site
infrastructure costs. The opening of the India office reflects the
escalating demand for Speedera's hosted solutions not only in Asia
but around the globe, according to company officials.
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Desktop Computer We chose to plant Speedera in India's equivalent of Silicon
Valley to mirror the success we have created in North America, and
in effect to set up a second Speedera, and not a back office, said
Abhay Dubey, Managing Director of Speedera India. We also wanted to
enhance our company's intellectual capital by tapping into India's
rich pool of talent, particularly the promising young graduates of
India's elite universities and engineering schools.
Notebooks Establishing a local presence in India also affords a platform
for massive expansion in the Asia-Pacific region, Dubey added.
Lenovo Being on the ground in India means we can generate the ultimate
in service and support for our Indian customers, while enabling us
to penetrate other countries in Asia, Dubey said. There's huge
potential here, with amazingly fast-growing Web traffic that needs
to be served.
Hard Drive As for India, it has a two-pronged advantage for us, Dubey
continued. First, it's a potentially huge, untapped market for us.
Second, it's part of our follow-the-sun model, which allows us to
offer sales and customer service around the clock and across the
globe through our center in India. So the focus of our India
operations is global.
Travelstar ABOUT SPEEDERA NETWORKS
Gateway Speedera Networks, Inc. is a leading global provider of
distributed application hosting and content delivery services. The
companys SpeedSuite family of services provides on-demand services
that cost-effectively solve the performance, scalability,
availability and security problems of distributed applications and
Web sites. Speederas edge delivery network is deployed in the
Americas, Europe and the Asia-Pacific region, with connectivity to
over 1000 carrier networks, controlled by a patented global traffic
management system. Customers include leading organizations such as
American Eagle Outfitters, DoubleClick, Fox
Broadcasting, Macromedia, NASA, Sony
Music Entertainment, the European
Space Agency, and Univision. The company's channel partners include
Softbank Broadmedia/Club iT, AboveNet, and Inflow. For more
information about Speedera, please call + 91-80-575-99222, visit
www.speedera.com or email info@speedera.com . To request a white
paper, please click on http://www.speedera.com/reqtechpaper.htm. To
request a demo, please click on
http://www.speedera.com/reqdemo.htm.
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