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Accel Transmatic expands its software operations to Infopark Kochi

Kochi, July 02, 2011: Accel Transmatic Limited, Chennai head quartered Software and Media Services Company, has opened its new software development center in the L&T SEZ at Infopark Kochi. The new software development center will augment its existing facility at The Technopark, Thiruvanathapuram. Creating the new facility at the SEZ in Kochi is part of Accel’s initiative to expand foot print geographically; to attract talent and to create state-of-the-art facilities and good work environment for its employees and quality offerings to clients.

The Software division of Accel Transmatic Limited is known as Ushus Technologies and was founded in 2000 in Thiruvanathapuram. In the last few years, the software division has witnessed accelerated growth with new client acquisitions in USA. Ushus Technologies renders its services to product companies and works on leading edge technologies in Imaging, Multimedia and Networking with clients in Europe, USA, Japan and Israel.

The Software division of Accel Transmatic Limited is known as Ushus Technologies and was founded in 2000 in Thiruvanathapuram. In the last few years, the software division has witnessed accelerated growth with new client acquisitions in USA. Ushus Technologies renders its services to product companies and works on leading edge technologies in Imaging, Multimedia and Networking with clients in Europe, USA, Japan and Israel.

Speaking on this occasion, Mr N R Panicker, Chairman, Accel Transmatic Limited said, “Opening the new software development center in Kochi is an important milestone for the Accel Group. We have set ourselves ambitious targets to grow the technology services in the coming years and to grow our employee strength multifold in Kerala. This is a small step in that direction. Along with our growth initiatives in our animation division, based out of Film and Video Park in Thiruvanathpuram, and other group entities such as Accel Frontline and Accel IT Academy, the Accel Group is poised to play a leadership role in the IT ecosystem of Kerala in the coming years.”

Mr Philip John, President of Software Division, Accel Transamtic said, “As a company incorporated in Kerala with 100% of its clients abroad, it is important that we keep the leading edge in Technologies and Infrastructure. With the state-of-the-art facilities, available in the InfoPark, we should be able to perform better in the coming years.”

Accel Transmatic Limited is part of the Rs 500 crore plus Accel Limited, which is focussed on Information Technology and Media. The other group companies include Accel Frontline Limited, Accel Frontline Services Limited, Accel Media Ventures Limited and Accel IT Resources Limited. The group companies operate in the domains of IT Infrastructure Services, Embedded Systems, Training Services and Media Solutions. Accel's operations are spread across 110 locations in India, Singapore, Middle East and the United States.

About Accel Transmatic Limited

Accel Transmatic Limited, a BSE listed company (Code No: 517494), formerly known as Transmatic Systems Limited, was formed through a strategic merger of Transmatic Systems Limited, Accel Software & Technologies Limited and Ushus Technologies Private Limited. The company operates through two business divisions namely Ushus Technologies and Accel Animation Studios and has its subsidiary company in San Jose, California USA.

Ushus Technologies provides software development for engineering and embedded applications, whereas Accel Animation Studios provides 3D animation, VFX and MOCAP services to the customers.The company, managed by a team of highly experienced professionals, is committed to provide cost effective solutions and international quality standards backed by full life cycle support.

About Infopark Kochi

Infopark located at Kochi, is the new IT Park being developed by the Government of Kerala. To set up this project, Government has transferred 100 acres of land which is now under the ownership and possession of Infoparks Kerala, which is an independent Society fully owned by the Government.

Infopark has ambitious plans to become one of the major IT Parks in the country. With this vision, it has been growing fast ever since its inception in 2004, and has attracted investments from IT majors like Tata Consultancy Services, Wipro, Affiliated Computer Services, OPI Global, IBS Software Services and US Technology. Because of the fast growth rate achieved and strategic positioning of the Park in the upcoming city of Kochi, Infopark is well known among the IT/ITES investors as a very potential destination.

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