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InnoPath Press Release

Silicon Valley/San Jose Business Journal Selects InnoPath as One of the Valley’s Fastest Growing Private Companies

Speaks to Strong Financials and Tier 1 Customers

Sunnyvale, California, October 14, 2008 – The Silicon Valley / San Jose Business Journal has ranked InnoPath Software as the 17th fastest growing private company in Silicon Valley, and honored the company at its annual Fast 50 awards dinner. This ranking reflects the company’s leadership in Mobile Device Management (MDM) as well as the company’s financial controls and its ability to convert customer engagements into actual revenue.

“With a global customer base of Tier 1 wireless operators and device manufacturers, InnoPath has consistently demonstrated leadership in MDM over the past five years,” said John Fazio, President and CEO of InnoPath. “We have the right solution at the right time, offering operators in a tough economic environment the controls that will drive costs out of their customer care organizations while enabling superior customer service.”

InnoPath’s solution enables mobile operators’ care organizations to provide better service with reduced expenses in the face of increasing device and service complexity. InnoPath is unique in delivering a standards-based pre-integrated solution that is extensible based on the business requirements of the operator. The ROI for MDM-enabled customer care has been proven in a recent study by the analyst firm Stratecast which places the annual global operator exposure at over $25 billion, much of which may be saved through MDM. Interested parties can review a copy of this study at http://www.innopath.com/care.

About InnoPath

InnoPath Software is the global leader in Mobile Device Management, a technology that enables wireless operators to better and more cost effectively manage and deliver revenue-generating services for consumers and enterprises. InnoPath’s standards-based approach has proven successful at the largest wireless operators in the world, including AT&T, China Unicom, KDDI and Verizon Wireless. The InnoPath client has been adopted by leading handset manufacturers including Samsung and LG. InnoPath was recently recognized by AlwaysOn as an AO Global 250 Winner. Headquartered in Sunnyvale, California, InnoPath is privately held with offices around the world. For more information, visit www.innopath.com .

 

 
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