Mumbai, Maharashtra, India
A pioneer in India for social networking solutions, NetAlter Software Limited has revealed that; it has recently received the Intimation letter of grant from the Indian Patent Office for its NetAlter System. (Patent Application number: 1279/MUM/2004)
The company has also filed a patent application in U.S.A. and in 124 other countries via PCT.
The International bureau of WIPO Switzerland has published their patent on 8th of June 2006 and the same can be searched (Publication number WO/2006/059343) downloaded from their website, http://www.wipo.int/pctdb/en/
Based on the Information Communication and Computation (ICC) framework, the NetAlter System aims to provide an alternative to the existing Internet framework as well as offer technology that will enhance existing online and offline applications.
NetAlter Software Limited aims to spearhead innovations for the 21st century by developing information and computing solutions based on the NetAlter System and also license its technology to other developers; for developing their own solutions for NetAlter or other external applications.
At present, NetAlter Software Limited is an unlisted company with much of its investments sourced privately. However, the company has plans of sourcing funds through external private placement of equity and a mid 2007 IPO offering.
Founded by IT entrepreneurs Yogesh Rathod and Rajesh Rathod, NetAlter Software Limited is the fastest growing R&D hub for cutting edge software solutions for the social segment and has already developed solutions for community and personal networking.
The company aims to consolidate in its presently proven expertise in social networking to develop an alternative internet system that would incorporate some of the latest state-of-the-art computing technology such as Grid Computing, P2P networking, Multi-AI Agents, Artificial Intelligent Search Engine, Service Browser and on demand web services.
Simultaneously, the company is making major investments in infrastructure and manpower this fiscal year. It has already procured over 5000 square feet of office space and has plans of hiring over 85 personnel to drive the development plans of NetAlter.The company's website is http://www.netalter.com
Rajesh Rathod, NetAlter Software Limited, + 91 (022) 25928553 info@netalter.com
Source: NetAlter (Business Wire India)
Press release presented here is sourced from the Source mentioned above and is provided on as-is basis. Please contact the Company / Source directly for any further information in regard to this release. This website will be unable to assist you in regard to the accuracy or correctness of information in this release.