Ranga Puranik is new president of Persistent Systems

PUNE, INDIA: & SANTA CLARA, USA: Persistent Systems, the global leader in software product and technology services, today announced the appointment of Mr. Ranga Puranik as President of Persistent Systems, Inc.

Puranik will serve as the head of the company's U.S. entity and lead the company's sales and marketing efforts globally, taking over from Mr. Hari Haran, effective November 22, 2013. Hari Haran will be leaving the company to pursue other interests.

Puranik has been executive vice president of New Initiatives at Persistent Systems for over three years, and has been instrumental in the development and execution of the company's growth strategy. Ranga Puranik brings with him strong global experience in software, telecom, enterprise product development and sales, having worked at GE, Motorola and Sasken in leadership roles over the past 20 years. During the last three years, Puranik has been leading the company's platform solutions business which has been a key entry strategy into the enterprise market.

According to Dr. Anand Deshpande, managing director, chairman, and CEO of Persistent Systems:"I would like to thank Hari for his tremendous contribution to Persistent Systems and in helping grow the business during the past five years, and we wish him all the best in his new endeavors. I'm delighted to appoint Ranga to his new role as President. He has done an excellent job of seeding and growing our platform solutions business while leading many sales wins both in the enterprise and product engineering businesses. We are very confident in his ability to lead the company to the next stage of growth."

"I am honored and excited to take on additional responsibility in this new role, as we take the company to the next level," said Mr. Ranga Puranik, President, Persistent Systems, Inc. "With several top tier global customers, industry leading partnerships, a strong portfolio of service offerings and IP solutions along with a very talented team, we are uniquely positioned to grow our business in the areas of Cloud Computing, Big Data Analytics, Mobility, and Social."

Puranik holds an MBA from Kellogg School of Management, Northwestern University, Chicago and a Bachelor of Engineering - Electronics & Communication from Karnatak University.

"I am really proud of what we have been able to accomplish at Persistent Systems over the last five years," said Hari Haran. "It has been a wonderful journey growing new lines of business. I am confident that Ranga will continue the trajectory of business and will play a key role to help scale the company."