Pingsta Unveils its Intellectual Commerce Ecosystem - Pingsta ICE™ - the Next Generation Service Delivery Engine for the Networking Industry

REDWOOD CITY, Calif. – April 15, 2008 – Pingsta – a collaborative platform for the world’s internetwork experts – today announced the launch of Pingsta ICE™, Pingsta’s Intellectual Commerce Ecosystem. Pingsta ICE™ provides network equipment manufacturers, IT service providers and enterprises worldwide with the next-generation network engineering service-delivery engine on a per-task basis, for break-fix, consulting and research and development challenges. Pingsta ICE™ clients leverage Pingsta’s coalesced intelligence to augment their in-house talent and surge engineering capacity at the push of a button – efficiently, transparently and cost effectively.

Over the past few years, network equipment manufacturers and IT service providers have struggled to acquire and retain the top talent needed to expedite new product and technology development as well as support services delivery cost-effectively and their previously adopted model of offshore outsourcing has failed to resolve this dilemma. Pingsta ICE™ provides a holistic solution to these challenges by allowing network equipment manufacturers and IT service providers to leverage Pingsta’s global community of expert engineers transparently.

“Pingsta ICE™ is the logical answer to the human, intellectual and financial capital challenges facing the networking industry today” said Peter Alfred-Adekeye, CEO and founder of Pingsta. “With Pingsta ICE™, network equipment manufacturers and service providers reduce their operational expenditure without compromising expertise and customer satisfaction. Additionally, Pingsta ICE™ provides the entire telecommunication industry with the collaborative talent-on-tap model necessary to accelerate the pace of innovation required to build and sustain tomorrow’s networking products efficiently.”

“By creating an intellectual capital economy within the Pingsta community, Pingsta ICE™ provides network engineers with an unprecedented opportunity to monetize their knowledge, expand their technical horizon, and work from anywhere in the world, anytime” said John Baekelmans, Pingsta technical advisory board member.

Pingsta ICE™ has already signed up its first customer, Multiven – a leading global provider of premium network maintenance services – and has commenced worldwide customer executive briefings and demos.

About Pingsta
Pingsta is a collaborative platform for the world’s Internetwork experts. Pingsta facilitates unprecedented intellectual collaboration amongst all the experts that invented and continue to sustain the various components that make up the Internet. Pingsta members include inventors, fellows, professors, distinguished engineers and technical leaders from over 50 countries.

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Deka Yussuf

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Pingsta, Inc.

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