Mistral sets up New Development Center in Hyderabad


Bangalore, May 9, 2006 - Mistral Software, an ISO 9001:2000 certified and CMMi Level 3 appraised premium Product Realization company, today announced the inauguration of its new development center in Hyderabad.

The eight-year-old company had a revenue of around US$ 11 million last year and is expected to reach US$ 14 million this year. The company has a global presence across United States, Europe and Asia.

"Mistral specializes in embedded design and development providing both hardware design and software development services. We are delighted to setup a development center in Hyderabad. Our relationship with the city goes back a long way and is a symbol of our continuing commitment. With the new facility in place, we are now in a better position to cater to our existing clients in Hyderabad and also reach out to the new product companies that are setting up operations here." said Anees Ahmed, President and CEO of Mistral Software.

"We expect the Hyderabad centre to grow rapidly and emerge as a significant hub in providing world-class services to our local and global clients," Anees said.

It would be Mistral's second Development center in India.

The Hyderabad Centre will be headed by Anand Pandurangan, General Manager. "Besides a rich talent pool, Hyderabad also has an established client base of defence labs and a growing client base with several product companies setting up shop here. These customers rely on our specialized embedded engineering services, to help them win in their own markets. I am very excited to take on this role, and am looking forward to building a significant brand and presence for Mistral in Hyderabad, and growing our center rapidly in the coming months." said Anand.

About Mistral
Mistral Software is an an ISO 9001:2000 certified and CMMi Level 3 appraised premier product realization company providing end-to-end professional services and reference designs in the embedded space. Mistral has domain expertise in Embedded Real-Time Development, Board and FPGA Design, Communication Protocols, VoIP and Digital Signal Processing. As a single source for both hardware and software engineering expertise, Mistral's expert design and development services have improved the quality and accelerated the time -to-market for a broad range of embedded systems. Mistral has operations in USA, Japan, Germany and India.

For more information visit www.mistralsoftware.com
For further details please contact:
D S Akhila, Manager Marketing
Mistral Software Pvt. Ltd.,
Tel: +91-80-2535 6400 (Extn. 557)
Fax: +91-80-2535 6440
Email: akhila@mistralsoftware.com

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