10.15.08
Security Weaver Appoints Chief Operating Officer for India Operations
Chandigarh, India
Security Weaver™, a leading provider of application controls management software for use with SAP and Oracle applications, today announced the appointment of Ajay Koomar as Chief Operating Officer for India. He will be responsible for all functions at Security Weaver India including research and development, professional services, customer support and sustained engineering. Mr. Koomar was formerly the Chief Operation Officer of Netkode Solutions Private Limited, in which he oversaw its transition into a global entity with offices in the U.S. and UK. Announcing the appointment, Sumit Sangha, Chairman of Security Weaver said, "Ajay’s domain experience in enterprise software, his deep financial background and network of global contacts are invaluable assets to Security Weaver in India. "This is a very exciting time for Security Weaver, earlier this year we opened a world class technology center in Chandigarh, India, and now we’ve hired a very talented executive to lead our operations. We look forward to Ajay’s contributions as we take Security Weaver to the next level." Commenting on Koomar’s appointment, Terry Hirsch, Chief Executive Officer of Security Weaver stated "Ajay’s extensive knowledge of the Indian market and experience in strategic planning, management of off-shore development and implementation of software products makes him an excellent choice to lead the expansion of Security Weaver in India." Koomar brings 16 years of operational, finance, and entrepreneurial experience from leading software product companies including Interwoven and an operating unit of Toshiba. At Interwoven, a NASDAQ listed company; Koomar was in charge of India Operations and managed the product delivery, finance and administration teams. About Security Weaver: Security Weaver is a leading provider of application controls management software for SAP. Our flagship software suite, Security Weaver, is engineered to take the guesswork out of compliance in your SAP environment and delivers actionable results in a matter of days. Our tools provide true real-time automation of SAP compliance tasks such as management of segregation of duties (SoD) conflicts, full automation of the user provisioning process, control of emergency access, configurable process controls along with providing robust reporting and workflow capabilities. Our applications have been recognized as world-class in terms of performance, scalability, ease of installation and ease of use. Organizations throughout the world are using Security Weaver to provide a robust application controls framework in SAP while providing management, business, finance, IT and audit with the tools and visibility they need to reduce the risk of fraud and ensure compliance. For more information, visit www.securityweaver.com Media Contact: Rita Macdonald (650) 444-7900 rita@securityweaver.com