Persistent Systems Receives 2013 Cloud Computing Excellence Award

Persistent Systems Receives 2013 Cloud Computing Excellence Award 
PUNE, INDIA and SANTA CLARA, CA -- (Marketwired) -- 12/11/13 --  
Persistent Systems (BOMBAY: PERSISTENT) (NSE: PERSISTENT), the global
leader in software product and technology services, today announced
that TMC, a global, integrated media company, has named Persistent
Systems a 2013 Cloud Computing Excellence Award winner by Cloud
Computing Magazine. The Cloud Computing Excellence Awards recognize
companies that have most effectively leveraged cloud computing in
their efforts to bring new, differentiated offerings to market.  
Persistent Systems received the award in recognition of its role in
helping Ittavi, the modern family financial management company deploy
SupportPay, the first product to enable parents to directly manage
their child support payments and expenses.  
Ittavi turned to Persistent Systems to develop a cloud-based and
mobile child support solution that would allow parents to track child
support and child expenses, upload receipts, communicate via the
system and make payments online, either to each other or to a third
party. Persistent's development team provided Ittavi with a cost
effective and robust solution using cloud and mobility best
"Persistent Systems has been recognized for its achievement in
bringing innovation and excellence in the market while leveraging the
latest technology trends to create an enriched user experience," said
Erik Linask, Group Editorial Director, TMC.  
"Recognizing leaders in the advancement of cloud computing, TMC is
proud to announce Persistent Systems a recipient of the Third Annual
Cloud Computing Excellence Award," said Rich Tehrani, CEO, TMC.
"SupportPay has demonstrated innovation as well as the ability to
deliver significant value-add to the cloud."  
"Persistent Systems helps clients leverage powerful platform
solutions to build out applications rapidly and cost-effectively,"
said Ramana Metlapalli, Senior Vice President and Global Leader, Practice, Persistent Systems. "We are honored to be
recognized for providing Ittavi with a secure, cloud-based web and
mobile solution -- and enabling them to launch SupportPay as a
collaborative personal finance application for managing child support
expenses and bill payments." 
To learn more about how Persistent Systems helped Ittavi deliver
SupportPay please visit: 
About Ittavi:
 Ittavi, an acronym for "it takes a village", seeks to
revolutionize family financial management by creating simple yet
effective software to help single, divorced, separated and blended
families manage their financial relationships. The first company to
truly focus on managing child support payments, Ittavi helps parents
save time and money by simplifying the process of managing child
support. For more information, please visit 
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-Pacific. 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: 
About TMC: 
TMC is a global, integrated media company that supports clients'
goals by building communities in print, online, and face to face. TMC
publishes multiple magazines including Cloud Computing, M2M
Evolution, Customer, and Internet Telephony. TMCnet is the leading
source of news and articles for the communications and technology
industries, and is read by as many as 1.5 million unique visitors
monthly. TMC produces a variety of trade events, including ITEXPO,
the world's leading business technology event, as well as industry
events: Asterisk World; AstriCon; ChannelVision (CVx) Expo; Cloud4SMB
Expo; Customer Experience (CX) Hot Trends Symposium; DevCon5 - HTML5
& Mobile App Developer Conference; LatinComm Conference and Expo; M2M
Evolution Conference & Expo; Mobile Payment Conference; Software
Telco Congress, StartupCamp; Super Wi-Fi & Shared Spectrum Summit;
SIP Trunking-Unified Communications Seminars; Wearable Tech
Conference & Expo; WebRTC Conference & Expo III; and more. For more
information about TMC, visit  
All trademarks, trade names, service marks, and logos referenced
herein belong to their respective companies.  
Media contacts:
Jessica McCaffrey
TMCnet Marketing Manager
Tel: +1203-852-6800 ext. 170
Rashmi Joshi
Persistent Systems Ltd.
Tel: 91 83083 39400 
Ilona Mohacsi
Tel: +16317643729
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