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65% Sales Growth in 2012 Marks Most Successful Year in Photon History

Surging Growth Shows Demand for Cloud-to-Consumer User Experiences™ -- Multichannel Solutions Including Mobile, Social, Web, Kiosk, and In-Store/3rd Screen Touchpoints

NEW YORK, NY -- (Marketwire) -- 01/11/13 -- Photon

  • Demand for Mobile Apps fueling growth
  • Photon now serves 25% of the Fortune 100 companies
  • With 1600 Mobile Engineers, Photon is the largest and fastest growing provider in its class

Photon, leading provider of Cloud-to-Consumer User Experiences™ today announced record financial results for CY2012. The company achieved a 65 percent year-over-year increase in sales growth during this period.

Highlights of 2012 also include the opening of the Photon Minneapolis office and additional hiring, bringing the total number of trained mobile engineers to over 1600. Total employee count is now 2200 reflecting a 70% year on year hiring growth. Photon now has offices in Netherlands, Silicon valley, New York, New Jersey, Chicago, Chennai, Minneapolis, Bangalore, and Jakarta.

Earlier this year, Photon announced the launch of its Microsoft Windows practice alongside its significant Apple iOS and Android practices. Photon scaled up its Windows practice to over 200 trained engineers and has already delivered highly rated apps to the Windows app gallery.

"This has been another strong year in Photon's evolution, with acquisition of many new Fortune 100 customers and strong revenue growth," said Srinivas Balasubramanian, CEO for Photon. "Our performance for 2012 demonstrates the underlying strength of our business and our growth validates the differentiated position of C2C-UX™ in the market."

Cloud-to-Consumer User Experiences™ is a unique service offering that combines the design skills of a creative agency with the Cloud IT delivery capability of a global service provider. Photon leverages the skills of 72 Pixels, its award-winning in-house creative agency, with a strong global technological delivery capabilities to build exciting and engaging C2C UX™ for our customers' customers. With Photon's one stop shop approach, organizations are able to avoid finger pointing between IT/Marketing/multiple vendors and create compelling experiences for their consumers. Photon's understanding of marketing and advertising as well as cloud based IT and new age technologies makes Photon a unique leader in the Post-PC era.

"Leading global brands are recognizing the unique combination of the IT capability and creative skills of Photon and we are betting on huge customer wins in 2013. With over 1600 trained mobile engineers, Photon holds strong expertise in leading technologies and frameworks, and creates more than 60 million digital touch points on a daily basis through its cloud to consumer user experiences™," said Mukund Balasubramanian, CTO of Photon Infotech.

Photon's customers include some of the largest healthcare retailers, largest retail banks, the largest electronics retailers and the largest specialty retailers in the country, with Photon being Innovation Partners for most of them.

About Us

Photon is the largest global provider of Cloud-to-Consumer User Experiences™ (C2C-UX™). Cloud-to-Consumer User Experiences™ (C2C-UX™) are cross-platform, multichannel solutions that include mobile, social, web, kiosk, and in-store consumer touchpoints. Innovative global organizations use C2C-UX™ to create a sustainable competitive advantage that leverages the scale and cost efficiency of a Central IT cloud platform with the long tail of app developer and business channels that drive exponential user and revenue growth.

Photon is the largest provider of C2C-UX™ in market share with over 25% of the Fortune 100 served, largest in dedicated mobile engineers with over 1600 across US, India and Indonesia, and largest in consumer touchpoints with over 60 million. Photon is growing aggressively with sales growth (from March 2009 to today) of 65% year over year and a Customer Base exceeding 700 customers.

The challenge of C2C-UX™ is in crossing the deep divide between the IT department's Enterprise Cloud technology and the Marketing department's potentially explosive mix of Global, Mobile, Social, Local, and Viral creative designs. Photon bridges this gap by bringing the creative design capabilities of an agency but with a scalable Global IT services capability. As the leading company in this emerging space, Photon is uniquely able to guide its customers from ideation to deployment and beyond. Photon has offices in the US, India, Indonesia, and the Netherlands. For more information, visit www.photon.in

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Vaibhav Mehrotra
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