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
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