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Rahul Merchant Joins the Sierra Atlantic Board of Directors

July 29, 2010

FREMONT, Calif., Jul 29, 2010 (BUSINESS WIRE) -- Sierra Atlantic Inc., an information technology services provider recognized for outsourcing Oracle(R) and product engineering solutions, announced today that Rahul Merchant has joined the company's Board of Directors.

"Sierra Atlantic recognizes that to be successful, the company growth has to be strategic and aligned with the global market needs," says Rahul. "It was an effortless decision to join the board of such a well managed company that has a great group of investors and other Board members, and I look forward to taking part in their future growth." With over 20 years of experience in C-level roles, Rahul has worked with several global banking organizations such as Merrill Lynch, where he served as SVP and CIO, Dresdner Bank and Sanwa Bank. He is currently a partner with Exigen Capital and has served as principal with Cooper Neff & Associates, a global hedge fund, and as EVP at Fannie Mae. Rahul's record of creating and marketing technology products to solve complex business problems has established him as someone who knows how to revamp businesses and deliver financial results.

"Rahul has been very successful in managing technology and operations organizations internationally, which will complement Sierra Atlantic's focus on further global expansion," says Raju Reddy, CEO, Sierra Atlantic. "With his home base on the East Coast, we are delighted that Rahul is joining us to further develop our footprint in that area." Rahul also serves on the boards of Fair Isaac (FICO:NYSE) and Level 3 Communications (LVLT:NASDAQ). He has served on the board of Sun Microsystems (JAVA:NASDAQ).

About Sierra Atlantic

Sierra Atlantic is the leader in enterprise applications and outsourced product development with expertise derived from deep R&D relationships with enterprise software leaders such as Oracle and Microsoft. Sierra Atlantic is a partner of choice for the world's leading and progressive companies that look for expertise in full lifecycle product development and IT services including implementation, integration, development, testing, and support. Headquartered in Fremont, California, the company operates in 20 countries across North America, Europe, and Asia Pacific, and has its award-winning delivery centers in India and China.


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