AppLabs appoints Makarand Teje as CEO

Released on: May 15, 2008, 12:40 am

Press Release Author: Ashok Mani

Industry: Software

Press Release Summary: Promoted from President and COO


Press Release Body: Hyderabad, India; London, UK; Philadelphia, USA; May 13, 2008:
AppLabs, the world's largest independent testing and quality management company,
today announced that Makarand Teje, its current President and COO, is the new Chief
Executive Officer (CEO) of the organization. In his new role as CEO, Makarand will
continue to report to Sashi Reddi, Founder and Chairman of AppLabs. Sashi will
continue to provide strategic business direction to the company.

Sashi Reddi said, "I am excited to have Makarand take on this new responsibility to
lead AppLabs to new heights. His extensive experience in selling to large enterprise
accounts will enable AppLabs to succeed in winning and retaining large customers."

\"AppLabs is well-positioned to further establish its position globally as the leader
in the testing industry. With our client focused engagement model and our fully
evolved service portfolio around testing, I am indeed excited with this new
responsibility to take AppLabs to the next level." said Makarand Teje.

Profile of Makarand Teje (Mak):

Mak has over 18 years of experience in the global IT industry covering P&L
management, business development, operations, program management and strategic
marketing. Under Mak's leadership AppLabs is organized to provide focus on client
relationships as well as global delivery operations.

Prior to joining AppLabs, Mak worked at Wipro for over 15 years, during which he
worked on multiple assignments for its\' Indian as well as international businesses.
During his last assignment at Wipro, he led the global insurance industry business
of about $150M in size. Prior to Wipro, Mak worked at Interface Electronics as the
Regional Manager for Western India region and completed his management traineeship
with Skefko India Bearing Co. in Mumbai.

Mak is an Electrical Engineer and has an MBA in Marketing from the Bombay
University, India.

About AppLabs:

AppLabs is the world's largest independent testing, quality management and
certification solutions company. With over a decade of experience, AppLabs has
become a trusted partner to more than 600 companies, providing both quality
assurance and third-party validation. Clients include American Airlines, Experian,
JP Morgan, VocaLink and National Australia Bank amongst others. AppLabs goes beyond
technical expertise when it comes to IT services and offers customers rigorous risk
mitigation processes, a singular focus on quality, expert project management,
communication and global delivery capabilities. It is the first software testing
company to get appraised at SEI CMMI Level 5, the highest quality standard
attainable in software engineering. Headquartered in Philadelphia, the company
maintains advanced testing facilities in the US, India and the Europe. For more
information, visit www.applabs.com


Web Site: http://www.applabs.com

Contact Details: Press Contacts:

India

Vijaya Lakshmi
AppLabs
Tel: + 91 402 355 8000
vijaya.lakshmi@AppLabs.com

Rahul Nag
Adfactors PR Pvt. Ltd.
Mobile: + 91 99586 44228
rahul.nag@adfactorspr.com

UK and Europe

Stephen Johnson
AppLabs
Tel: + 44 (0) 1772 885 850
stephen.johnson@AppLabs.com

Melissa Au
Red Consultancy
Tel: + 44 (0) 0207 0256417
Mobile: 07852 317327
melissa.au@redconsultancy.com

North America

Peter Winicov
AppLabs
Tel: + 1 610 952 1369
peter.winicov@AppLabs.com

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