News / Infinite appoints Anurag Lal as CEO of Infinite Convergence Inc
May 18, 2011

Infinite Computer Solutions (India) Limited (BSE: 533154, NSE: INFINITE), a global service provider of Infrastructure Management Services, Intellectual Property (IP) Leveraged Solutions and Application Management Services (hereinafter referred to as ‘Infinite’) announces that its 100% owned subsidiary, Infinite Convergence Inc. will develop, launch and market leading edge mobile messaging products and solutions.  The new business will allow Infinite to enable the world’s leading mobile operators, enterprise and public sector businesses with turnkey messaging products and solutions

 

The Mobile Industry is expected to see subscribers grow from 4.6B in 2009 to 6.3B in 2014.  The 2014 mobile messaging market is forecasted to reach $233B growing at a CAGR of 9.1 % in the same time period.  Infinite Convergence plans to participate in this growing opportunity with this new initiative.

 

Infinite Convergence is a result of Infinite’s strategic alliance with Nokia Siemens Networks (NASDAQ:NOK and NASDAQ: SI respectively), formerly Motorola (NASDAQ: MOT).  Infinite is leveraging acquired communication related Intellectual Property to develop a range of mobile messaging products.  These products will then be sold to existing and future client in markets worldwide.

The Infinite Convergence business currently supports over 100 million subscribers globally; delivering 100 billion messages per year. Infinite provides a complete messaging product portfolio that includes Multimedia Message Service Centers (MMSC), Short Message Service Centers (SMSC), Short Message Service (SMS) Gateways, Multimedia Message Service (MMS) Gateways, and Converged Messaging Platforms.  They are also the exclusive MMSC provider to the largest multimedia messaging services in the USA (considered the most successful in the world as measured by MMS uptake).

 

Infinite Convergence will develop its current markets and seek existing incremental opportunities for current and future products, as a means to meeting customer requirements and driving demand. They will focus their efforts towards Direct Customers (Operators worldwide who use Infinite’s products in their network infrastructure), Enterprises, Public Sector Entities, as well as Channel Partners.

 

Infinite is also pleased to name Anurag Lal as the CEO of Infinite Convergence.  Mr. Lal who recently joined Infinite is an industry visionary with over 20 years of global operating experience in the IT and telecommunications industries.  Mr. Lal previously served as Director of the United States National Broadband Taskforce (part of the Federal Communications Commission) where he contributed to the development of the nation’s first National Broadband Plan.  Mr. Lal, most recently, was Sr Vice President of Meru Networks, Inc. (NASDAQ: MERU). Prior to Meru, he was Chief Business Development and Sales Officer of iPass Inc (NASDAQ: IPAS), a leading mobility services provider. Mr. Lal helped both companies grow exponentially and deliver successful IPO’s during his tenure. He has also held senior executive management positions at British Telecom Plc, e.Spire Communications and Sprint International Communications Corporation.  Mr. Lal holds a Bachelors of Arts degree in Economics from Delhi University and has attended the Senior Leadership Program at Harvard University’s John F. Kennedy School.

 

In this role, Anurag will be responsible for maximizing the Infinite Convergence’s opportunity for our company, employees and shareholders.

 

Commenting on the development, Upinder Zutshi Managing Director & CEO Infinite said “We are focused to see Infinite Convergence as one of the leading providers of mobility solutions, especially when it pertains to the SMS and MMS platforms in all technologies.  We intend to maximize shareholder value for the Infinite stakeholders as a result of Anurag Lal joining as the CEO of this business. Anurag is a proven leader with a record of delivering strong growth to businesses; we are delighted that he is a part of our team. We believe that Anurag’s leadership along with the convergence of the messaging business with various social networking gateways and cloud computing will help us be defined as market leaders in this field.

 

About Infinite

Infinite Computer Solutions is a global service provider of Infrastructure Management Services, Intellectual Property (IP) Leveraged Solutions, and Application Management Services, focused on Telecom, Healthcare, Manufacturing and Energy & Utilities vertical. Infinite has established its presence in most of the large telecom, and IT services markets of the world, offering onsite, offsite and near-shore capabilities with offices at multiple locations in the U.S, U.K, India, Singapore, Malaysia, and China. The company has also been growing its delivery centers in India at Bangalore, Chennai, Hyderabad and Gurgaon. www.infinite.com

 

Disclaimer

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such statements due to risks or uncertainties associated with our expectations with respect to, but not limited to, our ability to successfully implement our strategy and our growth and expansion plans, technological changes, our exposure to market risks, general economic and political conditions which may have an impact on our business activities or investments, changes in the laws and regulations, including with respect to tax incentives and export benefits, adverse changes in laws, increasing competition in and the conditions of the Indian and global IT services industry, the prices we are able to obtain for our services, wage levels for IT professionals, the loss of significant customers the monetary and interest policies, inflation, deflation, unanticipated turbulence in interest rates, foreign exchange rates, equity prices or other rates or prices, the performance of the financial markets globally, changes in domestic and foreign laws, regulations and taxes and changes in competition in the information technology/telecommunication industries. The Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.

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