BWI: NASSCOM Honors Medsynaptic Pvt Ltd with Emerge Award

Press release from Business Wire India
Source: Medsynaptic Pvt Ltd
Thursday, August 26, 2010 04:03 PM IST (10:33 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Healthcare, biotechnology & pharmaceutical, Information technology, Media & entertainment; Technology; Healthcare
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NASSCOM Honors Medsynaptic Pvt Ltd with Emerge Award
Company selected in The League of Ten at the EMERGEOUT Conclave 2010

Pune, Maharashtra, India, Thursday, August 26, 2010 -- (Business Wire India) -- The National Association of Software and Services Companies (NASSCOM) today announced Medsynaptic Pvt Ltd as one of the top 10 Information Technology startups for 2010 at the Delhi edition of the NASSCOM EMERGOUT CONCLAVE 2010. The winners, chosen from a total of 236 initial applicants, include companies that provide a range of IT services covering healthcare, education and training, banking, travel and social networking.

The award was presented to Medsynaptic by Shri R Chandrashekhar, Secretary, Dept of IT, Govt of India in the presence of Mr. Som Mittal, President NASSCOM, Mr. Krishnakumar Natarajan, CEO and Managing Director, MindTree Ltd. and Mr Sharad Sharma, Chair of NASSCOM Product Forum.

NASSCOM through its EMERGE 50 initiative has identified 50 Emerging companies which are redefining the benchmark of excellence for the next generation of SMEs. The EMERGE 50 - The League of Ten, have been selected from these shortlisted companies. The purpose of this initiative is to identify and recognize the great potential companies in the making, who can be treated as role models and inspiration to others.

The jury mulled over the selection criteria at length and decided to focus on a some of the key differentiators, including the presence of the company in emerging/domestic markets, whether it has achieved the fastest rates of growth over the past 2- 3 years, its unique value proposition, the organizational work model i.e. the efficacy of its management team, as well as unique delivery model. Also, whether they have identified a niche for themselves with a strong foothold in the market, in their respective services domain.

Speaking at the Conclave, Mr. Som Mittal, President NASSCOM said, "The SME segment represents a huge opportunity for India to retain its competitive advantage and sustain future growth. Over the past few years Indian SMEs, which are a significant contributor to the IT industry, have excelled in building niche products and services and tapping non-core markets. We are proud of not only the winners but all applicants that have showcased an unparalleled spirit of entrepreneurship."

We at Medsynaptic are very excited and happy about this recognition and I believe it is a result of the hard work and dedication of our employees and the trust bestowed by our clients, partners and OEMs in our solutions said Dr Ashish Dhawad, Founder & CEO, Medsynaptic Pvt Ltd.

About Medsynaptic:

Medsynaptic Pvt Ltd is a pioneering and leading Teleradiology and PACS Company from India started by two medical doctors and is backed by years of solid experience in developing innovative and user friendly products for the medical imaging industry. Medsynaptic has developed a range of medical imaging software products like Web Based PACS, Ultrasound Image Management Systems, Endoscopy Image Management Systems, 3D Workstations for Non DICOM and DICOM US, CT and MR machines, MiniPACS, DICOM Conversion solutions for Non DICOM machines, RIS /HIS Integration, Teleradiology solutions and Low Cost Teleradiology ready Film Digitizer.

About NASSCOM:

NASSCOM® is the premier trade body and the chamber of commerce of the IT-BPO industries in India. It is a global trade body with more than 1200 members, which include both Indian and multinational companies that have a presence in India. NASSCOM's member and associate member companies are broadly in the business of software development, software services, software products, consulting services, BPO services, e-commerce & web services, engineering services off-shoring and animation and gaming. NASSCOM's membership base constitutes over 95% of the industry revenues in India and employs over 2.24 million professionals.


CONTACT DETAILS
Dr Ashish Dhawad, Medsynaptic Pvt Ltd, +91 (20) 25443349 / 25443913/ +91 9823041375, dhawad@medsynaptic.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, HEALTHCARE, IT, MEDIA, TECHNOLOGY, HEALTHCARE

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