SOURCE: GlobalLogic

May 12, 2008 09:00 ET

Two Technology Experts Join GlobalLogic's Advisory Board

New Advisors Will Support Company's Globalization Efforts, Build Technology Partnerships and Expand Popular Version 1.0 Offering

VIENNA, VA--(Marketwire - May 12, 2008) - GlobalLogic, Inc., the leader in global product development services, has appointed Nat Natraj and Joyce Cruickshank to its advisory board. The newly appointed advisors bring several decades of experience managing global technology product and services businesses, and building strategic partnerships in the technology sector. The advisors will assist GlobalLogic as it continues to expand its global presence and strengthen its offerings for both early stage and established technology companies, including GlobalLogic Version 1.0(SM), the company's new service offering.

"So far this year, GlobalLogic has introduced Version 1.0, a concept-to-market service offering for entrepreneurs, launched Velocity Objects, an open source framework that shortens products' time to market, and raised $29.5 million in new funding," said Peter Harrison, chief executive officer of GlobalLogic. "When you are growing this fast, you need to have seasoned advisors on your team, and we believe we have found just that in Joyce Cruickshank and Nat Natraj."

Cruickshank is AOL Time Warner's vice president responsible for directing AOL's technology solutions used globally to support customer interactions. She has focused her career on the media, banking, consumer product and online industries. She has planned, developed and executed strategic alliances and formed technology partnerships with top tier U.S. software companies. Cruickshank's experience in Web 2.0 software applications will be valuable as GlobalLogic continues to expand its expertise in this space through its Consumer Business Unit.

Natraj has an extensive background in financial services and enterprise software. He was part of the management team at an early CRM software pioneer company acquired by Oracle. He managed Oracle's financial division after the acquisition. Natraj left Oracle to set up global development centers in India for his own VC funded start-up, eFORCE. GlobalLogic will tap into Natraj's offshoring experience as well as his broad financial background.

"We see our advisory team playing a significant role, in particular, with the rapid market acceptance of our Version 1.0 service, which helps entrepreneurs and established technology companies alike tap into a 'fabless' software engineering model to launch their products," explained Harrison. "Our client entrepreneurs will have access to this caliber of executive advisor who will provide them with mentorship and advice on key business challenges based on their experience in launching start-ups or expertise in a particular industry, domain or geography."

About GlobalLogic

The leader in global product development, GlobalLogic, Inc. partners with emerging and established technology companies to help them bring great software products to market in less time and at less cost. GlobalLogic has developed a unique joint-venture model of partnering with technology companies to create a dedicated global delivery center. By leveraging GlobalLogic's global facilities and world-class engineers, companies can increase quality while dramatically reducing timelines and operating costs, often by more than 60 percent. Through the GlobalLogic Velocity™ method, platform and objects, the company is also a pioneer in distributed agile methods and open source platforms that shorten product development cycles while ensuring that the right features are implemented on time, every time.

GlobalLogic has ongoing partnerships with more than 150 technology companies in markets that include consumer internet, SaaS, VoIP, wireless, telecom, security, payment, business intelligence, embedded and finance. It has completed more than 300 major products in the last 12 months with a better than 95 percent on-time delivery record. Over the last six years, GlobalLogic has helped its clients release more than 1,000 software products. Its clients include innovative technology companies such as Autodesk, Avolent, BroadSoft, Electronic Arts, Intalio, MobiTV, Motorola, NextPoints, Vertica, Qualcomm and Sony Digital. GlobalLogic, an Inc. 500 company, has been ranked as one of the 10 best places to work in India by IDC, by Hewitt as one of the best places to work in Ukraine and recognized by InfoWorld for agile software product development excellence. GlobalLogic is headquartered in Vienna, Virginia and has European headquarters in London, U.K. The company has global delivery centers throughout the U.S., India, Ukraine and China and employs thousands of professionals worldwide.