| Pramati Technologies, a provider of Java application servers and tools, has announced the launch of its Product Development Services division. |
| The new division will provide services to software product companies that are looking at outsourcing and offshoring their product lifecycle activities. |
| "Our ISV partners were looking for offshoring and we seized the opportunity to extend our product development capabilities to them," says Jay Pullur, CEO of Pramati Technologies. |
| "After seeing rapid growth, we decided to launch a focussed business unit serving this fast growing market need." |
| "Outsourced product development is the next big opportunity for Indian software companies. Pramati is well positioned to address this market with their demonstrated product development capability," says Kiran Karnik, president, National Association of Software and Service Companies. |
| The division already has startups, venture-funded companies, billion-dollar giants and some of the best names in the technology world as its customers. |


