Persistent Systems Appoints Ranga Puranik President of Persistent Systems, Inc.

Persistent Systems Appoints Ranga Puranik President of Persistent Systems, Inc. 
PUNE, INDIA and SANTA CLARA, CA -- (Marketwired) -- 11/18/13 -- 
Persistent Systems (BOMBAY: PERSISTENT) (NSE: PERSISTENT), the global
leader in software product and technology services, today announced
the appointment of Mr. Ranga Puranik as President of Persistent
Systems, Inc. Mr. Puranik will serve as the head of the company's
U.S. entity and lead the company's sales and marketing efforts
globally, taking over from Mr. Hari Haran, effective November 22,
2013. Mr. Hari Haran will be leaving the company to pursue other
Mr. Puranik has been Executive Vice President of New Initiatives at
Persistent Systems for over three years, and has been instrumental in
the development and execution of the company's growth strategy. Ranga
Puranik brings with him strong global experience in software,
telecom, enterprise product development and sales, having worked at
GE, Motorola and Sasken in leadership roles over the past 20 years.
During the last three years, Mr. Puranik has been leading the
company's platform solutions business which has been a key entry
strategy into the enterprise market. 
"I would like to thank Hari for his tremendous contribution to
Persistent Systems and in helping grow the business during the past
five years, and we wish him all the best in his new endeavors," said
Dr. Anand Deshpande, Managing Director, Chairman, and CEO of
Persistent Systems. "I'm delighted to appoint Ranga to his new role
as President. He has done an excellent job of seeding and growing our
platform solutions business while leading many sales wins both in the
enterprise and product engineering businesses. We are very confident
in his ability to lead the company to the next stage of growth."  
"I am honored and excited to take on additional responsibility in
this new role, as we take the company to the next level," said Mr.
Ranga Puranik, President, Persistent Systems, Inc. "With several top
tier global customers, industry leading partnerships, a strong
portfolio of service offerings and IP solutions along with a very
talented team, we are uniquely positioned to grow our business in the
areas of Cloud Computing, Big Data Analytics, Mobility, and Social." 
Mr. Puranik holds an MBA from Kellogg School of Management,
Northwestern University, Chicago and a Bachelor of Engineering -
Electronics & Communication from Karnatak University. 
"I am really proud of what we have been able to accomplish at
Persistent Systems over the last five years," said Hari Haran. "It
has been a wonderful journey growing new lines of business. I am
confident that Ranga will continue the trajectory of business and
will play a key role to help scale the company." 
About Persistent Systems:
 Persistent Systems (BOMBAY: PERSISTENT)
(NSE: PERSISTENT) is a global company specializing in software
product and technology services. For over two decades, Persistent has
consistently been selected as the trusted innovation partner for the
world's largest technology brands, leading enterprises and pioneering
start-ups. Persistent has a global team of more than 7,000 employees
worldwide including offices and delivery centers in North America,
Europe, and Asia. Persistent develops best-in-class solutions in key
next-generation technology areas including Analytics, Big Data, Cloud
Computing, Mobility and Social, for the telecommunications, life
sciences, healthcare, and banking & financial services verticals. For
more information, please visit:  
All trademarks, trade names, service marks, and logos referenced
herein belong to their respective companies. 
Media contacts:
Rashmi Joshi
Persistent Systems Ltd.
Tel: 91 83083 39400 
Ilona Mohacsi
Tel:+1 631 764 3729
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