Stock Report

Sun Microsystems felicitates Subex Azure with "Partner of the year" award



Posted On : 2007-11-13 23:30:34( TIMEZONE : IST )

Sun Microsystems felicitates Subex Azure with "Partner of the year" award

Subex Azure Ltd on November 14, 2007 has announced that it has been felicitated by Sun Microsystems (Sun) with the 'Partner of the year' award for the best Independent Software Vendor (ISV) for 2007.

This award was given to Subex Azure in recognition of its outstanding contribution in the telecom domain. Subex Azure and Sun Microsystems have been in partnership for over six years and more than 70 percent of Subex Azure's existing installations of the Fraud Management System are on Sun's infrastructure platform.

"We are honoured by this recognition from Sun Microsystems. This is a clear indication of our commitment to global growth and provides evidence of our superior products and increasing customer satisfaction", said Sudeesh Yezhuvath, COO, Subex Azure Ltd.

The stock was trading at Rs.299.75, up by Rs.5 or 1.70%. The stock hit an intraday high of Rs.307.90 and low of Rs.297.60.

The total traded quantity was 2883 compared to 2 week average of 12262.

Source : Equity Bulls

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