Subex Azure

Subex Azure Ltd has announced that it has registered 10 new wins in the Asia Pacific (APAC) region, over a period of 12 months from September 2006 to September 2007. The combined value of business has run into several millions of dollars, considerably strengthening the Company's position in the region.

The new customers include leading telecom service providers in countries like Australia, China, India, Indonesia, Japan, Taiwan, Thailand and Vietnam reflecting the Company's Asia-Pacific reach. The customer wins have come for Company's Revenue Assurance System, Moneta and Fraud Management System, Nikira which are part of the Rocware Revenue Maximization solution (RMS) suite, as well as Syndesis Controller, Syndesis Express and Syndesis TrueSource from the Fulfillment and Assurance Solution (FAS) suite, signifying the strengthening of the FAS business since the Syndesis acquisition.

Sudeesh Yezhuvath, COO of the Company said, "APAC is turning into a strong revenue driver for us. Our robust product line-up and support offerings, along with our proven business model equipped to meet local market requirements, have contributed to this growth."

Company's existing presence and credibility in the market as well as different engagement models, like managed services and managed projects have significantly contributed to this momentum.

Vinod Kumar, President, Revenue Maximization Solution Business Unit of the Company added, "The APAC region is a fast growing market with a CAGR of 15%. Our managed services and sourcing capabilities have put us in a favourable position to strengthen our presence in this region."