Posts Tagged ‘Western Asset’

PERI Software Solutions Opens For Business in Downtown Los Angeles Technology Services In Downtown Business District of LA

March 19, 2010

Sarav Periasamy, Pres. & CEO, PERI

We believe Los Angeles leads the Pacific Rim in just about every industry and we want to help business grow to meet the regional and international markets,” President & CEO Sarav Periasamy, PERI Software

Los Angeles, CA/ Newark, NJ – PERI Software, based in New Jersey announced today it has open new offices in the Wells Fargo Tower in the business district of downtown Los Angeles to offer its advanced global business solutions to a high demand market in Southern California.

“After servicing clients in California and on the West Coast, we realized it was vital to bring our services closer to a rapidly growing technology market,” explained President and CEO Sarav Periasamy, PERI Software.  “We have just

opened an office here, because we believe Los Angeles leads the Pacific Rim in just about every industry and we want to help business grow to meet the technology needs of regional and international markets.”

A recent SoCal economic forecast finds that technology, tourism and international trade will be the leading industriesto the economic recovery. Research reveals that the business demand for technology products was very weak in the first three quarters of 2009, when businesses were reducing costs
drastically in order to survive the recession. But, demand picked up noticeably during the fourth quarter and sales of technology products held up better on the consumer side.

“PERI delivers technology-based business solutions to help organizations worldwide control costs and cultivate growth by drawing on our deep industry expertise,” said Periasamy.

“We help companies facing growing pains by blending a strategic design, proven technology, and timely delivery of creative solutions that brings the best returns on IT investments.”

PERI is a global consulting and technology services company specializing in industry-specific solutions, strategic outsourcing and integration services.

The company was founded in 1999, and has grown to more than 700 employees worldwide. In addition to the new Los Angeles office, it also has offices in San Jose, offshore facilities in Chennai, India and the PERI
headquarters in Newark, NJ.

“Technology will be one of the strongest industries to lead the recovery,” said Periasamy. “PERI is confident that we can play a vital role in meeting the
technology industry business solutions needs, which is why we have expanded in Los Angeles.”

Sales of technology products held up better on the consumer side according to published reports. Purchases of products like computers, flat TV, and cell phones increased last year despite the recession and will continue to grow in 2010.

“There’s always demand for the well-designed personal gadgets like iPods and smart cell phones with media players, but business is in transition to smart technology products, too, of which we produce so business can cut costs and get the job done in less time,” said Periasamy.

“We are constantly hiring software engineers and employees to meet growing technology demands.”

About PERI

Founded in 1999, PERI is a global business solutions company, which has grown to more than 700 plus employees and delivers a high value-cost effective technology based business solutions along with software and smart-intelligent hardware products.

PERI Draws on deep industry expertise and has a portfolio of interrelated consulting, business processes and application development. PERI blends strategic design, proven technology, and timely delivery of solutions that maximize customers return on IT investment.  For more about PERI visit:www.PERIsoftware.com

[Editors: For media interviews and images contact Aida Mayo or George Mc Quade at 818-340-5300 or 818-618-9229 or email: Publicity@mayocommunications.com.]