September 27, 2011 09:00 ET

Kony Appoints IBM Distinguished Engineer as Chief Technology Officer

Recognized Innovator to Lead Kony's Product and Technology Direction

ORLANDO, FL--(Marketwire - Sep 27, 2011) - Kony Solutions, Inc., the leading mobile platform provider, announced that Sriram (Sri) Ramanathan has joined the company as Chief Technology Officer (CTO). A renowned technologist in telecommunications, wireless and mobile, Ramanathan comes from IBM, where he was an IBM Distinguished Engineer, an IBM Master Inventor, and CTO for the communications sector in Global Business Services. As Kony CTO, Ramanathan will be responsible for product direction, solution strategy and thought leadership.

"The growing size and complexity of the digital universe has created enormous challenges for enterprises," said Raj Koneru, Kony CEO. "However this creates a unique opportunity for Kony. We can give companies the agility to provide consumers and employees innovative mobile solutions from a Write Once, Run Everywhere platform. Sri's technological expertise and track record of bringing ideas from conception to the marketplace makes him the ideal person to lead the next generation of Kony's platform and solutions."

Prior to his ten-plus year career with IBM, Ramanathan was an integration architect at Commercequest, a B2B innovator, and at GTE (now Verizon), as a lead architect in the development and deployment of their provisioning and inventory infrastructure and their mobile field force automation initiatives.

Ramanathan is a recognized innovator who has filed for over 85 patents in the mobile, wireless, digital media and smart grid domains, published in multiple publications and is a frequent speaker at industry events. He holds a bachelor's degree in engineering from BITS Pilani in India and a master's degree in Industrial and Management Systems Engineering from the University of South Florida Tampa.

"In a short timeframe, Kony has architected a transformational technology platform which I believe will be pivotal to enable the B2C and B2E vision that is the future of mobile computing," said Sri Ramanathan, Kony's chief technology officer. "Kony is delivering the solutions that enable organizations to make this critical and fundamental transition. I'm privileged to be a part of Kony's executive leadership team, and I look forward to helping drive the innovation and technology direction for the full range of Kony's products."

About Kony Solutions

Kony enables enterprises with the agility to provide consumers and employees innovative mobile solutions to a broader customer base faster and with less effort. Leveraging a single application definition, applications are designed and developed just once, in a device-independent manner, and deployed across more than 9,000 devices, 15 operating systems and multiple channels, including native applications, HTML5 and device-optimized mobile web, SMS, web gadgets, kiosks, and tablets without compromises. Kony's unique Write Once, Run Everywhere platform is proven to future-proof a company's mobile investment by enabling applications to be changed once for all channels, ensuring faster adoption of new operating systems and standards as they are introduced, while eliminating maintenance, upgrade and future development costs.

In 2011 Kony was positioned as a "Visionary" in the Gartner Magic Quadrant for Mobile Consumer Application Platforms (MCAP) report by William Clark, Michael J. King and Linda Dozier. Kony has been named a Gartner Cool Vendor, a 'Most Innovative Company of the Year' by the American Business Awards and was chosen as one of Fast Company's 100 innovative Apple-affiliated achievers.

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