Press Release

Stradling Global Sourcing, LLC launches India office

Los Angeles, New York, Chicago, Mumbai. Stradling Global Sourcing, recognised as one of the "Top-Ten" strategic sourcing advisory firms by the Black Book of Outsourcing, has launched its Asian Headquarters in Mumbai, India. The President and Managing Partner of this office will be Dr. Pradeep K. Mukherji, who until recently was Managing Partner at Tholons. Over the past 15 years, Dr. Mukherji has been established as a leading thought leader in the Global Sourcing industry and has advised over several hundred commercial and government transactions. Under his leadership, Stradling's Asian operations will provide a full range of sourcing and management consulting services to its clients. The services will include Strategy Development, Sourcing Transaction Execution and Outsourcing Relationship Management. The reach of the office will cover the subcontinent, including China, Singapore, Philippines and Vietnam. "Stradling Global Sourcing has aggressive plans to expand its footprint into new target markets across the globe, and the establishment of the India office is an important step" said Kevin Parikh, CEO of Stradling. "The office will provide us a direct entry to the Asia market and will become an important leverage for our global advisory services. We plan to execute and impact over $1 billion worth of global services business through our Asian operations, over next 12 to 18 months," he added. "Stradling with its visionary and professional management, advisors who are industry leaders and a large loyal client base in US, is very well poised to throw up large number of opportunities for service providers, both in India and other parts of Asia" said Dr.Mukherji. " We will continuously work towards developing relationship with both large and small service providers, understand their unique capabilities and present their credentials to our clients in US and Europe objectively," he added. Stradling's global headquarters is in Southern California. Stradling helps clients navigate the complete lifecycle for sourcing IT, Business and Knowledge Process services. Stradling's management consultants, advisors, and lawyers offer focused advisory services for developing sourcing strategy, executing sourcing transactions and effectively managing sourcing relationships. Stradling's methods and practices have been refined over decades of experience spread across a talented team serving clients worldwide. Our team has conducted over 1,000 sourcing engagements collectively since 2001 in over 40 countries. For Further Information contact: Stradling Global Sourcing 660 Newport Center Drive Suite 1600 Newport Beach, CA 92660-6441 Notes for Editors: The Black book of Outsourcing, compiled by Brown-Wilson Group - surveyed among more than 100,000 C-level officers and other executives across the globe to ascertain buy-side decision-maker preferences and insights in the global services industry. At the completion of a stringent external auditing process, the 2007 Black Book of Outsourcing rankings were published by the Wall Street Journal. Stradling was ranked in the Top-10 of 400 qualifying firms. The rankings represent responses of nearly 20,000 buyer executives. Kevin Parikh is the Chairman and CEO of Stradling Global Sourcing (SGS). Mr. Parikh specializes in IT and business process (BP) outsourcing contract and service-level negotiations, strategic management, business risk evaluation and software licensing. His practice engages in both nearshore and offshore sourcing solutions. Mr. Parikh is based in Los Angeles, California. Prior to joining SGS, Mr. Parikh led the Global Sourcing practice for Gartner Consulting. Dr.Pradeep Mukherji heads Stradling's Asia operations and is based in Mumbai.He has advised leading enterprises in US, Europe and ASPAC on strategic aspects of Services Globalization and Transformational Outsourcing. He has in the past advised the Private Equity partners in deal sourcing, deal structuring and post deal transformation. He also looks after Stradling's initiative to develop alliances across Europe and Asia.