Roamware recognized as one of the World’s Top 50 Startups by TiE

Cupertino, CA - 14th May 2012

Roamware, Inc., the Global Leader in Mobile Operator Solutions, announced that it has been recognized as one of the top 50 startups in the world by TiE. TiE50 is TiE’s premier annual awards program keenly contested by thousands of technology startups worldwide. Awards are announced at TiECon, the world’s largest conference for entrepreneurs. Roamware has achieved this distinction for the second year in a row. The 2012 edition saw over 1000 companies vying for the top-50 slot.

“We are delighted with this recognition. Roamware has made rapid strides in the mobile operator service solutions space over the last 10 years. The company has scaled its business and operations exponentially while remaining nimble and agile. Today we are proud to have over 530 mobile operators across 160 countries as customers. Our vision is to be a one stop shop for mobile operators to envision, build, test, run and monitor subscriber services and we are well on our way to achieving this. I thank our customers and congratulate the Roamware team on this recognition”, said Ori Sasson, Chairman & CEO, Roamware.

“Roamware has been a disruptive innovator right from the beginning. We are the thought leaders in roaming, local, data, LTE, big data roaming BI, M2M, virtual carrier and mobile financial services solutions and have been counted amongst the leading Service Provider IT (SPIT) companies. Our Network Traffic Redirection solution created a whole new market in mobile roaming. We were the first company in the world to offer Roaming solutions on the cloud and have expanded to a broader Roamware Carrier Services Cloud offering that encompasses the entire gamut of mobile operator service solutions. We have over 200 innovations that are patent pending and close to 90 granted patents in our field of expertise. I am positive that Roamware will continue to add value to operator businesses around the world and help them offer innovative services to subscribers by staying ahead of the technology curve”, said Dr. John Jiang, Co-founder, CTO & EVP Product Management, Roamware.

About TiE50

TiE50 is TiE Silicon Valley’s premier annual awards program keenly contested by thousands of technology startups worldwide. TiE is a global, not-for-profit network of entrepreneurs and professionals dedicated to the advancement of entrepreneurship. TiE provides a platform for mentoring, networking & education, to entrepreneurs with over 14,000 members in 54 chapters across 13 countries.TiE50 track record since inception in May 2009 shows that 94% of the winners and finalists have been funded, attracting Billions in investments! 42 companies have been acquired, merged or went public. The TiE50 Awards Program recognizes the top technology startups from the following segments: Internet (including Social Networking), Energy (including Cleantech), Wireless/Mobile, Software (including Cloud Computing), and Life Sciences.

About Roamware, Inc.

Roamware, Inc. is the global leader in mobile operator solutions with a customer base of over 530 mobile operators across 160 countries, including most major operator groups. Roamware has an estimated 60 pc share of roaming VAS market, specializing in steering, data roaming, big data business intelligence, ACE QoS, LTE, M2M and regulation compliance for operators to increase revenue, reduce cost and compete against disruptive technologies. Roamware m-commerce and mobile banking solutions have been successfully deployed by major banks and global operators including: Vodafone, Permanent TSB and Bank of Ireland. Roamware Mobile Horizon powered by the Carrier Services Cloud provides a Vision:2020 for mobile operator services. Roamware recently acquired a leading mobile roaming testing vendor ADECEF and strengthened its position in the mobile operator testing market. Roamware HQ is in Cupertino with global operations.

Roamware contacts:
Srinivas B Vijayaraghavan, Director Marketing
Tel: +91 9739970225