Bintelgroup Announces the Appointment of COO

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The Board of Bintelgroup Inc is pleased to announce the appointment of Krishna Kurapati as the company's Chief Operating Officer. Bintelgroup delivers comprehensive risk and compliance solutions such as Regulatory, Liquidity, Basel II, Risk and Finance reporting for Financial Services Industry particularly banking, and capital markets.

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Bintelgroup is growing rapidly, and as the market for Bintelgroup expands and matures, we continue to add individuals with leadership in product delivery and operations focus, to complete our senior management team.

The Board of Bintelgroup Inc (http://bintelgroup.com/index.html)] is pleased to announce the appointment of Krishna Kurapati as the company's Chief Operating Officer. Bintelgroup delivers comprehensive risk and compliance solutions such as Regulatory, Liquidity, Basel II, Risk and Finance reporting for Financial Services Industry particularly banking, and capital markets.

"We are extremely pleased to have Krishna join senior management role," says Sarma Allakki, Chairman of the Board, Bintelgroup. "Based on Krishna’s track record of notable and repeated successes, the Board recognizes that he is a natural leader. Most recently he was the founder of Sipera Systems; a company he helped grow from a fledgling start-up to a world leader in Unified Communications security. We are delighted to have been able to recruit someone of Krishna’s caliber."

"I am very excited about the market opportunity for Bintelgroup’s Risk and Compliance Solutions and impressed with the technology," said Krishna Kurapati, Bintelgroup's newly appointed COO. "It's a great pleasure to join a company with a talented team under the leadership of Krishna Ghanta. “Bintelgroup has the right mix of banking and finance domain expertise, innovative spirit and customer focus, qualities which are bound to make the company very successful."

"Bintelgroup is growing rapidly, and as the market for Bintelgroup expands and matures, we continue to add individuals with leadership in product delivery and operations focus, to complete our senior management team," said Krishna Ghanta. "Krishna Kurapati brings specialized expertise to Bintelgroup, filling a critical need as we further establish our market leadership position."

About Bintelgroup:
Founded in 2005, Bintelgroup provides strategic solutions & software suites, focused on changing regulations, business models, and customer processes, for financial services industry, and technology consulting services to firms in capital markets... Bintelgroup delivers comprehensive risk and compliance solutions such as Regulatory Reporting, Liquidity Risk, Basel II, and Finance reporting for Financial Services Industry.

About Krishna Kurapati:
Krishna Kurapati, a startup leader, built two successful companies in Voice over the Internet. Krishna co-founded IPCell, which was acquired by Cisco, to build the first Voice over IP (VoIP) Softswitch for cable industry. Later Krishna founded Sipera - raising over $20MM in capital from Sequoia, Austin and Star Ventures - to build security solutions for VoIP networks. At Sipera, Krishna played key role in business development, strategic partnerships, and product sales to key banking and financial customers.

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