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Pyro Rings into IBM for Enhancing Solutions and Service Offerings

Inks a US$ 19 million deal with IBM for development, testing, and management of its solutions and services

India - Oct 11, 2010 (PRN): IBM (NYSE: IBM) today announced that Pyro, a pioneer in providing innovative mobile-technology solutions, has engaged IBM as the strategic partner in a US$ 19 million engagement over a period of 5 years. As a strategic advisor IBM will help Pyro with the development, testing, and management of its large portfolio of various products and solutions as well as value added services (VAS) in telecom industry domain.

Pyro has witnessed significant growth in the past few years and has established itself as a leading player in mobile-technology solutions market. While the demand of business is expected to increase manifold, it was critical for Pyro to have a competitive advantage through innovative and more customer-centric service offerings. The engagement will enable Pyro to develop cutting edge products, better address customer needs, and achieve faster go-to-market.

“To continue with our rapid growth in the Indian market and strengthen our global footprint we needed a partner with strong domain knowledge and proven track records. With this deal, IBM will help enhance our product portfolio, streamline our processes, and bring greater cost efficiency. IBM’s proven technology expertise will also enable us to increase our resource utilization, adopt best industry practices, and change methodologies effectively,” said S M Reddy, CEO, Pyro Group.

During the course of the multi year engagement, IBM will be responsible for providing application development, testing and management services, along with offering its deep expertise in the telecom domain. IBM will also help Pyro in establishing industry best practices in terms of project management and knowledge management by bringing in improved processes, methodologies and standards.

"Pyro is a very innovative company in a dynamically evolving VAS marketplace. The engagement gives IBM an opportunity to help Pyro strengthen its market presence by enabling the company to focus on its core business,” said Vanitha Narayanan, Managing Partner, Global Business Services, IBM India/South Asia. “By partnering with IBM for solution development and testing, Pyro will be better positioned to respond to the changing market and customer demands.”

About IBM

To know more about IBM please visit: www.ibm.com/in

To know more about IBM’s capabilities in the Telecommunications industry, please visit: http://www-935.ibm.com/services/us/gbs/bus/html/bcs_telecommunications.html

About Pyro

Pyro, a leading mobile technology solutions provider, is an innovative company with global implementations of a wide range of Value Added Services in the Telecom space. Pyro’s pioneering solution on Roaming Hub enables International Roaming for prepaid users, facilitates Financial Settlement and Clearing, and allows Airtime Transfer and Mobile Commerce transactions between countries where Pyro’s Roaming Hub is integrated. In addition, Pyro’s Portfolio includes the award winning InRoam SDP for enabling borderless roaming across countries, “EYE-Spot” solution for network performance management, the Forge Platform that is an eclectic SDP, mCommerce platform that is a complete suite of financial transactions, DNums (Dynamic Number Management System), and DCS (Dynamic Charging System) besides other VAS offerings. http://www.pyrogroup.com.




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