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Impetus Selected as a Finalist in the GSMA 2009 Mobile Innovation Global Award Competition

(November 03, 2008)

SAN JOSE, CA -- (Marketwire) -- 11/03/08 -- Impetus Technologies (, the pioneers in outsourced product development and engineering services, has been ranked as one of the Top 15 Innovators in the GSMA's 2009 Mobile Innovation Global Award Competition - APAC Tournament. Impetus has been selected as one of 3 finalists in the 'Most Innovative Mobile Application in a Vertical Market' category. This short listing reflects the organization's success in Mobile and Wireless Technology services industry endeavors.

Impetus nominated its very creative commodity trading application which is its flagship offering in the Indian Rural VAS market. The application helps farmers and agricultural commodity traders get the spot prices from all markets for any commodity of their interest, in real time, thus enabling them to make more informed and prudent trading decisions.

Impetus will compete against two other companies in its category vying for the position of Global Semi-Finalist / regional category winner and potentially Global Finalist at the GSMA Mobile World Congress in Barcelona next February.

Speaking on the achievement, Mr. Praveen Kankariya, CEO, Impetus Technologies, said, "We are truly privileged to be recognized in GSMA's Mobile Innovation Global Award Competition. We have been focusing on this space and are continuously researching and evolving new paradigms in the mobile arena. This recognition is a manifestation of our mobile efforts."

The Impetus Mobile and Wireless Technology group called mLabs designs and develops innovative high-end applications for clients on mobile platforms like iPhone, Android, J2ME, BREW, Blackberry RIM, Symbian, Windows Mobile, Flash Lite in verticals such as Sales Force Automation, Instant Messenger & Presence applications and Value Added Services applications, among others.

About Impetus:

Headquartered in San Jose, Impetus Technologies provides outsourced software product design, R&D and related services to leading global software product companies. Impetus has been involved with hundreds of product launches over its decade-long association with clients ranging from enterprise class companies to innovative technology start-ups.

With offices in Silicon Valley, Washington DC, Boston, Atlanta, Noida, Indore, and Hyderabad, Impetus works with cutting-edge technologies to develop a variety of next-generation products in a range of vertical domains. Impetus' emphasis on continuous innovation adds significant value to its clients' technology initiatives. For more information about Impetus, please visit: or write to [email protected].

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