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LanceSoft creates brand identity for UNWFP: For Hunger - 18th May 2007
LanceSoft’s design wing created the brand identity for United Nations World Food Programme’s: “For Hunger” campaign followed by complete design solutions for two of UN’s major fund raising events — "Golf for Hunger" and "Music for Hunger" on May 18th 2007. LanceSoft’s design team put in their bright ideas to create spectacular public relation material for the event. The design work involved creating promotional material such as newspaper advertisements, posters, banners, entry passes and several other collateral.
Since this event marked the beginning of the association of World Food Program with the private sectors in India, high decibel PR activity was an absolute necessity. The print advertisements designed by LanceSoft were published in major news papers all across the nation like Deccan Herald, The Hindu etc. The colorful banners and posters designed by LanceSoft were flying high at the main entrance of Bangalore Golf Club and Chowdiah Memorial Hall and all around the venues. The “Golf for Hunger” event was a remarkable success which attracted prominent golfers and celebrities from across the country. This was followed by “Music for Hunger”, a breathtaking performance by Tabla maestro Bickram Ghosh along with Rhythmscape, which rolled the packed auditorium in round of applauses. All in all, UNWFP was very impressed with the quality of LanceSoft’s work & its contribution of design services to this noble cause.
LanceSoft has been nominated for the 2007 NVTC Hot Tickets Awards!
LanceSoft has qualified for NVTC Bootstrap again this year. The event recognizes local technology companies in several categories. A committee of representatives from law, accounting, headhunting and other professional services firms select the finalists and the winners from a larger group of nominated companies. LanceSoft has been qualified under Hottest Bootstrap section, which recognizes companies grown without outside funding.
LanceSoft featured in Washington SmartCEO Future 50 List - January 2007
Washington's SmartCEO magazine has designated LanceSoft Inc.as a Future 50 company. The list represents the top privately-held, fast-growth companies in the Greater Washington, D.C. area. SmartCEO carefully shortlists 50 companies out of hundreds of nominations based on employee and revenue growth over the past three years. The magazine publishes smart ideas to help educate, motivate and inspire Washington's business decision-makers.
"We are very glad to be named to the Future 50. By far, the year-on-year growth of LanceSoft can be attributed to the fact that we continuously reinvent and reinvest in ourselves. This approach has ensured the bandwidth to offer more solutions, satisfy more customers and obtain new heights." said LanceSoft CEO, Ram Karuppusamy.
Profiles of LanceSoft and other Future 50 winners will appear in January's edition of Washington SmartCEO Magazine.
Larry Grant appointed as new CFO of LanceSoft - Nov 2006
Larry has over thirty years experience in strategic, financial and operational management, with a particular focus on technology-based start-ups, growth-oriented companies and turnaround/troubled situations. Larry comes to LanceSoft from IMCOR Pharmaceutical, Co., a manufacturer of an FDA-approved pharmaceutical product located in San Diego, California. There, he played a key role in closing two strategic partner transactions valued at $10M that included two technology cross-licenses, the dismissal of IP-related litigation with a Fortune 50 company and a preferred equity investment. Prior to IMCOR, Larry provided financial leadership to Voxiva, Inc., a Washington, DC and Lima, Peru based privately-held public health sector company.
In his new role, Larry will be based out of Virginia and reporting to Ram Karuppusamy, CEO. He will handle the financial controlling, firm's tax, legal functions and strategic growth.
LanceSoft ranked 6th in “Virginia Technology Fast 50” – Sep 2006
LanceSoft Inc. ranks 6 in the list of the fastest growing companies in Virginia as recognized by Deloitte & Touche LLP and Wilmer Cutler Pickering Hale and Dorr LLP at an award event held September 28 at The Sequoia in Georgetown with 2779% growth over five years. The annual award program ranks the state's technology, media, telecommunications and life sciences companies based on percentage revenue growth over five years from 2001 to 2005.
“Deloitte’s Virginia Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today’s very competitive technology environment,” said Mr. Andy Harrs, Deloitte’s southeast regional managing partner for the Technology, Media and Telecommunications Industry Practice based in McLean, VA.
Phani Krishna Kondepudi promoted to new CEO of LanceSoft, India – September 2006
Phani Krishna Kondepudi, has been promoted to Chief Executive Officer, LanceSoft India from his earlier role of BPO Practices Head. Phani joined LanceSoft in February 2005 and has been instrumental in significantly growing LanceSoft’s BPO services.
In his new role as CEO, Phani is responsible for managing operations, strategic alliances and expanding the business in India. Phani brings with him, a spectrum of experience and knowledge that spans from building and managing multi-dimensional and multi-location businesses, to building process driven solutions for large enterprises.
On being bestowed the responsibility, Phani said, “LanceSoft has the ability to bring out the best in an individual by constantly challenging them with opportunities. Moving from BPO practice head to CEO has only changed the outer boundaries of the challenge. My perception remains unchanged. Every challenge is addressed by underlying business sense and an overlying passion.”
LanceSoft Inc. worked its way up from 35 to 24 in Inc. 500, 2006 - August 2006
LanceSoft Inc. makes up at 24 in Inc. 500 List of Fastest-growing Private Companies in the US. In 2005 LanceSoft ranked at 35 on the same category of rating.
The 2006 Inc. 500 list measures revenue growth from 2002 through 2005. To qualify, companies had to be U.S.-based, privately held independent — not subsidiaries or divisions of other companies — as of December 31, 2005, and have at least $600,000 in net sales in the base year.
The 2006 Inc. 500, as reported in the September issue of Inc., is the most robust assortment of companies the magazine has ever compiled, with aggregate revenue of $19.7 billion, up from $16.5 billion last year and $12.9 billion in 2000.
LanceSoft nominated as NVTC Hot Tickets Award Finalist - June 2006
The Northern Virginia Technology Council (NVTC) nominated LanceSoft as a finalist for Hot Ticket Awards at a reception for nominees at the McLean Hilton. The event recognizes local technology companies in several categories. A committee of representatives from law, accounting, headhunting and other professional services firms select the finalists and the winners from a larger group of nominated companies. LanceSoft has been nominated as a Finalist under Hottest Bootstrap section, which recognizes companies grown without outside funding.
LanceSoft sets up a Global Delivery Center at Bangalore – May 2006
LanceSoft recently expanded its India Operations with a new offshore delivery center at Bangalore, the 'byte-basket' of India. The Bangalore IT market promises a definitive high growth potential and LanceSoft is poised to tap it. The new office in Bangalore is a strategic move to widen the horizon of LanceSoft’s technology service offerings and thus add new laurels to LanceSoft’s existing marquee client list. LanceSoft’s primary reasons for choosing Bangalore to expand operations are
World's most preferred offshore outsourcing destination.
Accessibility to world class IT infrastructure.
Abundant talent pool of highly trained professionals.
Pleasant climatic conditions and
High concentration of IT companies.
The elegant office space is located at the heart of the city, surrounded by the cream of the booming IT industry. The office is within easy reach of the airport and the bustling business & shopping districts of the city.
LanceSoft CEO. is nominated as a finalist for the Greater Washington Ernst & Young Entrepreneur award – April 2006
Ram Karuppusamy, CEO LanceSoft Inc., has been selected as a finalist for the Greater Washington Ernst & Young Entrepreneur award of the Year 2006. This year's 39 finalists were selected from 108 nominations by an independent judging panel composed of area business, academic and civic leaders.
"This year's finalists are true visionaries who have contributed to economic growth, innovation, and cutting-edge products and services," said Jeff Fialko, Director, Ernst & Young Entrepreneur award program for the Greater Washington Region.
The Ernst & Young Entrepreneur of the Year Awards program celebrates its 20th anniversary this year and continues to recognize the leaders and visionaries who are creating and building world-class businesses. Awards are given to entrepreneurs who have demonstrated excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities.
LanceSoft recognized by NCRC – March 2006
Washington DC based, NCRC’s, minority business development agency (MBDA) recognized LanceSoft as regional best in the IT services arena. LanceSoft, Inc. is also the MBDA’s national award winner as the exemplary minority-owned IT services company.
The National Community Reinvestment Coalition (NCRC), was formed in 1990 by national, regional, and local organizations to develop and harness the collective energies of community reinvestment organizations from across the country so as to increase the flow of private capital into traditionally underserved communities.
LanceSoft Inc Annual Party in - December 2005
The 2005 Annual Corporate Party hosted by LanceSoft was a big success. 500+ employees, clients and partners from different states in US and other countries attended the event. The event kicked off with a key note address by Chairman& CEO Ram Karuppusamy addressing the fundamentals to drive the company’s success and key management focus areas for the coming year. Later the event was followed by robust menu of sessions by different business division heads giving their business directions and strategic plans.
Government Solutions Launched – December 2005
LanceSoft Government Solutions Division was launched in December 2005. The business wing will be working aggressively to achieve the set goals of our key federal clients and will be consistently meeting or exceeding all state and Federal client’s expectations.
Working with the government is all about knowing how to get the contracts and having the assets to complete the job. LanceSoft Government Solutions will be working with all Federal Agencies to ensure the required quality and standards are always met. LanceSoft Government Solutions division’s primary objective is to obtain a fair share of prime government contracts and subcontracts opportunities that match its business’ core competencies and capabilities.
LanceSoft ranked 3 in “Virginia Technology Fast 50” – November 2005
LanceSoft was awarded Rank 3 in the list of the fastest growing companies in Virginia as recognized by Deloitte & Touche. The Maryland and Virginia Technology Fast 50 Awards gala, held Oct. 11, 2005 at Sequoia restaurant in Georgetown, drew a crowd of 250 CEOs, guests and area technology community VIPs. LanceSoft along with other fast growing companies in Maryland and Virginia were named as the companies that rally behind innovation, that break down obstacles and systematically defy the odds.
LanceSoft ranked 34 in “Technology Fast 500” – November 2005
LanceSoft made up at 34 in Deloitte’s fast 500 technology companies list. The Deloitte “Technology Fast 500” recognizes North America’s fast growing technology companies in terms of percentage revenue growth over five years.
The North American Technology Fast 500, founded in 1995, is a program of Deloitte’s Technology, Media & Telecommunications (TMT) Group. Winners, selected from nominations and extensive research, are announced each fall.
INC 500 ratings ranked LanceSoft at 35 in North America and 4 in Virginia – October 2005
LanceSoft Inc. ranked at 35 in North America and 4 in Virginia in Inc. 500 List of Fastest-growing Private Companies. “We are extremely pleased and certainly honored that our firm has achieved this prestigious honor,” said Ram Karuppusamy, CEO, LanceSoft Inc.
To be eligible for this year's Inc. 500, companies had to be U.S.-based, independent and privately held through their fiscal year 2004, and have had at least $500,000 in net sales in the base year of 2001. In addition, their 2004 sales had to exceed 2003 sales. Companies are ranked on cumulative sales growth from 2001 to 2004. Inc. verifies all information using tax forms and audited financial statements from certified public accountants and by conducting interviews with company officials.
3rd Global Delivery Center Opened in Trichy, India - Sept 2005
LanceSoft Global Delivery network is now a three fold operations structure by opening its 3rd Delivery Center in Trichy, India. LanceSoft Delivery model encourages addressing a single client from one or multiple locations, whether their needs and services are onshore, near shore (or) offshore. LanceSoft ‘Balance Shore Model’ approach enable our clients to effectively standardize IT and business processes for achieving high performance.
LanceSoft multi site Global Delivery Model makes it simple for clients to use global sourcing and delivery effectively to reduce costs and improve performance. LanceSoft continues to set up more facilities around the globe, unified by the common processes and industry standards embodied in proven, repeatable quality metrics of Delivery Mechanism. With this 3rd center LanceSoft global force increased to 1200 skilled professionals powering the LanceSoft Delivery Center Network.
LanceSoft initiates Global Sales aimed to focus on most critical facets of an effective sales foundation - March 2005
Global Sales Initiative at LanceSoft is to aim significantly to improve the ability to bring in new global business into LanceSoft. The programmed initiative will expedite and replicate our existing US sales success to Global operations and to follow the rule of the game plan, assess, strategize, implement and sell. LanceSoft Global Sales will identify and delve deeply into dozens of obstacles and knowledge gaps to deliver rational refinements and intelligently crafted improvements with a mission of producing increased sales results quarter after quarter.
News Archive
LanceSoft creates brand identity for UNWFP: For Hunger - 18th May 2007
LanceSoft’s design wing created the brand identity for United Nations World Food Programme’s: “For Hunger” campaign followed by complete design solutions for two of UN’s major fund raising events — "Golf for Hunger" and "Music for Hunger" on May 18th 2007. LanceSoft’s design team put in their bright ideas to create spectacular public relation material for the event. The design work involved creating promotional material such as newspaper advertisements, posters, banners, entry passes and several other collateral.
Since this event marked the beginning of the association of World Food Program with the private sectors in India, high decibel PR activity was an absolute necessity. The print advertisements designed by LanceSoft were published in major news papers all across the nation like Deccan Herald, The Hindu etc. The colorful banners and posters designed by LanceSoft were flying high at the main entrance of Bangalore Golf Club and Chowdiah Memorial Hall and all around the venues. The “Golf for Hunger” event was a remarkable success which attracted prominent golfers and celebrities from across the country. This was followed by “Music for Hunger”, a breathtaking performance by Tabla maestro Bickram Ghosh along with Rhythmscape, which rolled the packed auditorium in round of applauses. All in all, UNWFP was very impressed with the quality of LanceSoft’s work & its contribution of design services to this noble cause.
LanceSoft has been nominated for the 2007 NVTC Hot Tickets Awards!
LanceSoft has qualified for NVTC Bootstrap again this year. The event recognizes local technology companies in several categories. A committee of representatives from law, accounting, headhunting and other professional services firms select the finalists and the winners from a larger group of nominated companies. LanceSoft has been qualified under Hottest Bootstrap section, which recognizes companies grown without outside funding.
LanceSoft featured in Washington SmartCEO Future 50 List - January 2007
Washington's SmartCEO magazine has designated LanceSoft Inc.as a Future 50 company. The list represents the top privately-held, fast-growth companies in the Greater Washington, D.C. area. SmartCEO carefully shortlists 50 companies out of hundreds of nominations based on employee and revenue growth over the past three years. The magazine publishes smart ideas to help educate, motivate and inspire Washington's business decision-makers.
"We are very glad to be named to the Future 50. By far, the year-on-year growth of LanceSoft can be attributed to the fact that we continuously reinvent and reinvest in ourselves. This approach has ensured the bandwidth to offer more solutions, satisfy more customers and obtain new heights." said LanceSoft CEO, Ram Karuppusamy.
Profiles of LanceSoft and other Future 50 winners will appear in January's edition of Washington SmartCEO Magazine.
Larry Grant appointed as new CFO of LanceSoft - Nov 2006
Larry has over thirty years experience in strategic, financial and operational management, with a particular focus on technology-based start-ups, growth-oriented companies and turnaround/troubled situations. Larry comes to LanceSoft from IMCOR Pharmaceutical, Co., a manufacturer of an FDA-approved pharmaceutical product located in San Diego, California. There, he played a key role in closing two strategic partner transactions valued at $10M that included two technology cross-licenses, the dismissal of IP-related litigation with a Fortune 50 company and a preferred equity investment. Prior to IMCOR, Larry provided financial leadership to Voxiva, Inc., a Washington, DC and Lima, Peru based privately-held public health sector company.
In his new role, Larry will be based out of Virginia and reporting to Ram Karuppusamy, CEO. He will handle the financial controlling, firm's tax, legal functions and strategic growth.
LanceSoft ranked 6th in “Virginia Technology Fast 50” – Sep 2006
LanceSoft Inc. ranks 6 in the list of the fastest growing companies in Virginia as recognized by Deloitte & Touche LLP and Wilmer Cutler Pickering Hale and Dorr LLP at an award event held September 28 at The Sequoia in Georgetown with 2779% growth over five years. The annual award program ranks the state's technology, media, telecommunications and life sciences companies based on percentage revenue growth over five years from 2001 to 2005.
“Deloitte’s Virginia Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today’s very competitive technology environment,” said Mr. Andy Harrs, Deloitte’s southeast regional managing partner for the Technology, Media and Telecommunications Industry Practice based in McLean, VA.
Phani Krishna Kondepudi promoted to new CEO of LanceSoft, India – September 2006
Phani Krishna Kondepudi, has been promoted to Chief Executive Officer, LanceSoft India from his earlier role of BPO Practices Head. Phani joined LanceSoft in February 2005 and has been instrumental in significantly growing LanceSoft’s BPO services.
In his new role as CEO, Phani is responsible for managing operations, strategic alliances and expanding the business in India. Phani brings with him, a spectrum of experience and knowledge that spans from building and managing multi-dimensional and multi-location businesses, to building process driven solutions for large enterprises.
On being bestowed the responsibility, Phani said, “LanceSoft has the ability to bring out the best in an individual by constantly challenging them with opportunities. Moving from BPO practice head to CEO has only changed the outer boundaries of the challenge. My perception remains unchanged. Every challenge is addressed by underlying business sense and an overlying passion.”
LanceSoft Inc. worked its way up from 35 to 24 in Inc. 500, 2006 - August 2006
LanceSoft Inc. makes up at 24 in Inc. 500 List of Fastest-growing Private Companies in the US. In 2005 LanceSoft ranked at 35 on the same category of rating.
The 2006 Inc. 500 list measures revenue growth from 2002 through 2005. To qualify, companies had to be U.S.-based, privately held independent — not subsidiaries or divisions of other companies — as of December 31, 2005, and have at least $600,000 in net sales in the base year.
The 2006 Inc. 500, as reported in the September issue of Inc., is the most robust assortment of companies the magazine has ever compiled, with aggregate revenue of $19.7 billion, up from $16.5 billion last year and $12.9 billion in 2000.
LanceSoft nominated as NVTC Hot Tickets Award Finalist - June 2006
The Northern Virginia Technology Council (NVTC) nominated LanceSoft as a finalist for Hot Ticket Awards at a reception for nominees at the McLean Hilton. The event recognizes local technology companies in several categories. A committee of representatives from law, accounting, headhunting and other professional services firms select the finalists and the winners from a larger group of nominated companies. LanceSoft has been nominated as a Finalist under Hottest Bootstrap section, which recognizes companies grown without outside funding.
LanceSoft sets up a Global Delivery Center at Bangalore – May 2006
LanceSoft recently expanded its India Operations with a new offshore delivery center at Bangalore, the 'byte-basket' of India. The Bangalore IT market promises a definitive high growth potential and LanceSoft is poised to tap it. The new office in Bangalore is a strategic move to widen the horizon of LanceSoft’s technology service offerings and thus add new laurels to LanceSoft’s existing marquee client list. LanceSoft’s primary reasons for choosing Bangalore to expand operations are
The elegant office space is located at the heart of the city, surrounded by the cream of the booming IT industry. The office is within easy reach of the airport and the bustling business & shopping districts of the city.
LanceSoft CEO. is nominated as a finalist for the Greater Washington Ernst & Young Entrepreneur award – April 2006
Ram Karuppusamy, CEO LanceSoft Inc., has been selected as a finalist for the Greater Washington Ernst & Young Entrepreneur award of the Year 2006. This year's 39 finalists were selected from 108 nominations by an independent judging panel composed of area business, academic and civic leaders.
"This year's finalists are true visionaries who have contributed to economic growth, innovation, and cutting-edge products and services," said Jeff Fialko, Director, Ernst & Young Entrepreneur award program for the Greater Washington Region.
The Ernst & Young Entrepreneur of the Year Awards program celebrates its 20th anniversary this year and continues to recognize the leaders and visionaries who are creating and building world-class businesses. Awards are given to entrepreneurs who have demonstrated excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities.
LanceSoft recognized by NCRC – March 2006
Washington DC based, NCRC’s, minority business development agency (MBDA) recognized LanceSoft as regional best in the IT services arena. LanceSoft, Inc. is also the MBDA’s national award winner as the exemplary minority-owned IT services company.
The National Community Reinvestment Coalition (NCRC), was formed in 1990 by national, regional, and local organizations to develop and harness the collective energies of community reinvestment organizations from across the country so as to increase the flow of private capital into traditionally underserved communities.
LanceSoft Inc Annual Party in - December 2005
The 2005 Annual Corporate Party hosted by LanceSoft was a big success. 500+ employees, clients and partners from different states in US and other countries attended the event. The event kicked off with a key note address by Chairman& CEO Ram Karuppusamy addressing the fundamentals to drive the company’s success and key management focus areas for the coming year. Later the event was followed by robust menu of sessions by different business division heads giving their business directions and strategic plans.
Government Solutions Launched – December 2005
LanceSoft Government Solutions Division was launched in December 2005. The business wing will be working aggressively to achieve the set goals of our key federal clients and will be consistently meeting or exceeding all state and Federal client’s expectations.
Working with the government is all about knowing how to get the contracts and having the assets to complete the job. LanceSoft Government Solutions will be working with all Federal Agencies to ensure the required quality and standards are always met. LanceSoft Government Solutions division’s primary objective is to obtain a fair share of prime government contracts and subcontracts opportunities that match its business’ core competencies and capabilities.
LanceSoft ranked 3 in “Virginia Technology Fast 50” – November 2005
LanceSoft was awarded Rank 3 in the list of the fastest growing companies in Virginia as recognized by Deloitte & Touche. The Maryland and Virginia Technology Fast 50 Awards gala, held Oct. 11, 2005 at Sequoia restaurant in Georgetown, drew a crowd of 250 CEOs, guests and area technology community VIPs. LanceSoft along with other fast growing companies in Maryland and Virginia were named as the companies that rally behind innovation, that break down obstacles and systematically defy the odds.
LanceSoft ranked 34 in “Technology Fast 500” – November 2005
LanceSoft made up at 34 in Deloitte’s fast 500 technology companies list. The Deloitte “Technology Fast 500” recognizes North America’s fast growing technology companies in terms of percentage revenue growth over five years.
The North American Technology Fast 500, founded in 1995, is a program of Deloitte’s Technology, Media & Telecommunications (TMT) Group. Winners, selected from nominations and extensive research, are announced each fall.
INC 500 ratings ranked LanceSoft at 35 in North America and 4 in Virginia – October 2005
LanceSoft Inc. ranked at 35 in North America and 4 in Virginia in Inc. 500 List of Fastest-growing Private Companies. “We are extremely pleased and certainly honored that our firm has achieved this prestigious honor,” said Ram Karuppusamy, CEO, LanceSoft Inc.
To be eligible for this year's Inc. 500, companies had to be U.S.-based, independent and privately held through their fiscal year 2004, and have had at least $500,000 in net sales in the base year of 2001. In addition, their 2004 sales had to exceed 2003 sales. Companies are ranked on cumulative sales growth from 2001 to 2004. Inc. verifies all information using tax forms and audited financial statements from certified public accountants and by conducting interviews with company officials.
3rd Global Delivery Center Opened in Trichy, India - Sept 2005
LanceSoft Global Delivery network is now a three fold operations structure by opening its 3rd Delivery Center in Trichy, India. LanceSoft Delivery model encourages addressing a single client from one or multiple locations, whether their needs and services are onshore, near shore (or) offshore. LanceSoft ‘Balance Shore Model’ approach enable our clients to effectively standardize IT and business processes for achieving high performance.
LanceSoft multi site Global Delivery Model makes it simple for clients to use global sourcing and delivery effectively to reduce costs and improve performance. LanceSoft continues to set up more facilities around the globe, unified by the common processes and industry standards embodied in proven, repeatable quality metrics of Delivery Mechanism. With this 3rd center LanceSoft global force increased to 1200 skilled professionals powering the LanceSoft Delivery Center Network.
LanceSoft initiates Global Sales aimed to focus on most critical facets of an effective sales foundation - March 2005
Global Sales Initiative at LanceSoft is to aim significantly to improve the ability to bring in new global business into LanceSoft. The programmed initiative will expedite and replicate our existing US sales success to Global operations and to follow the rule of the game plan, assess, strategize, implement and sell. LanceSoft Global Sales will identify and delve deeply into dozens of obstacles and knowledge gaps to deliver rational refinements and intelligently crafted improvements with a mission of producing increased sales results quarter after quarter.
Employee Quotes
The unique aspect of LanceSoft's work-environment is the transparency. Most of the Senior Managers are accessible and help in resolving any concern that employees might have.
Terry B. Martin
Consultant - IT Services
LanceSoft CA