SOURCE: Serus Corporation

March 24, 2008 09:39 ET

Serus Co-Founder and CEO Honored by Indian-American Women Empowered

Indu Navar Commended by IWE, California Political Leaders for Contributions to Business, Community

MOUNTAIN VIEW, CA--(Marketwire - March 24, 2008) - Serus Corporation, a global provider of technology and managed services for companies with distributed or outsourced manufacturing operations, announced today that co-founder and CEO Indu Navar has been awarded the Entrepreneur Award by Indian-American Women Empowered (IWE), an organization that promotes the personal and professional development of Indian-American women in Northern California. The award was presented by California State Senators Elaine Alquist and Ellen Corbett, State Assemblywoman Mary Hayashi, Fremont Mayor Bob Wasserman, Sunnyvale Mayor Anthony Spitaleri and Milpitas Mayor Jose Esteves. Ms. Navar was honored for the combination of her professional success and her dedication to the community.

Serus provides technology and managed services that streamline the outsourced manufacturing operations of global leaders such as AMD, Cisco and Flextronics. The company had a banner 2007, including $10 million in additional venture funding, a tripling of its fabless semiconductor customer base, a designation from Deloitte & Touche as one of the 50 fastest growing companies in Silicon Valley and widespread support from customers, media and industry analysts.

"Leaders like Indu inspire greatness in others," remarked Anima Desai, chief executive of Indian-American Women Empowered. "She is a successful, entrepreneurial businesswoman and a visionary who also cares deeply about those around her. We are very pleased to honor such a deserving individual."

Navar co-founded Serus in 2001. Since that initial year, Serus' revenue has grown exponentially and the company is firmly entrenched as an industry leader. Serus is driving a major new market category, Intelligent Operations Management (IOM), which goes well beyond ordinary ERP applications, especially in the areas of global outsourced manufacturing collaboration and visibility.

IOM provides control, accountability and visibility into all of the participants in the value chain. It enables faster and better informed decisions, therefore raising overall customer service levels and leading to significant operational and financial benefits. Furthermore, Serus streamlines and accelerates the dataflow process by providing multiple data source integration and improving inventory visibility and end-to-end process collaboration across the global value chain.

"I am thrilled to accept this award from Indian-American Women Empowered," said Indu Navar, co-founder and CEO of Serus Corporation. "In business and in the community, we must all do our part to help society grow and thrive. I am very appreciative of Indian-American Women Empowered and the great work that it is doing to help young women realize that their dreams can be achieved."

About Indian-American Women Empowered

Indian-American Women Empowered seeks to facilitate the overall growth of Indian-American Women of Northern California and to support, pursue, inspire and propel them towards personal, social, political, economical and professional spheres of power through fun, action, dialogue and learning.

About Serus Corporation

Serus Corporation is a global provider of technology and managed services for companies with distributed or outsourced manufacturing operations. Founded in 2001, Serus solutions complement a company's existing IT investments with tools and services that synchronize business and manufacturing operations, helping accelerate corporate performance from product design to corporate profitability. Serus draws upon deep industry experience and knowledge to increase supply chain velocity and empower efficient decision-making across a global network of partners and customers. Based in Mountain View, Calif., Serus' customers include companies such as AMD, Cisco, Entropic, Solectron, and Spansion as well as others in the fabless semiconductor and high-technology manufacturing markets. For more information, please visit www.serus.com.

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