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Ashok Santhanam joins Bristlecone as President &CEO
July 13, 2006

SAN JOSE, CALIF, July 13, 2006 - Bristlecone, a leading global business process and enterprise technology consulting firm, today announced the appointment of Ashok Santhanam as its President and Chief Executive Officer. Mr. Santhanam takes over from Padman Ramankutty, a co-founder of Bristlecone, who continued as CEO after its acquisition by Mahindra & Mahindra Ltd. in 2004, and recently resigned to pursue entrepreneurial interests.

Mr. Santhanam has over 25 years experience leading technology product and service businesses. Most recently, he was Senior Vice President, Worldwide Field Operations at Epiphany (Nasdaq: EPNY), a leader in the analytics-driven CRM software industry until its acquisition by SSA Global. Before Epiphany, Mr. Santhanam was Managing Director of Santhanam Consulting, providing strategy consulting services to clients in the enterprise IT, technology services and technology-enabled services sectors. During this period, he also served on the board of Mahindra Consulting, Inc. and advised the Mahindra Group on its acquisition of Bristlecone.

Earlier, Mr. Santhanam was founder, CEO and Chairman of Inventa Technologies, a successful and fast-growing provider of fixed price/fixed time B2B e-commerce services to large corporate clients. Under his leadership, Inventa grew to $60 million in annualized revenues and attracted financing from premier Silicon Valley venture capital firms. Mr. Santhanam also founded two other services companies - Ventura Data Systems, an early pioneer in offshore product development services and Challenger Systems, a successful provider of private-label implementation services to software companies which was acquired by vMoksha Technologies in 2002. He began his career with Gould Inc., a Fortune 500 technology company, where he rose to head operations for one of its major divisions. He received an MBA with Distinction from Harvard Business School and a Bachelor of Technology degree from the Indian Institute of Technology, Madras.

Commenting on Mr. Santhanam's appointment, Mr. Ulhas N. Yargop, Vice Chairman of the Bristlecone board and President, Telecom & Software Sector at Mahindra & Mahindra Ltd, said, "Ashok is a seasoned entrepreneur and corporate executive who already knows Bristlecone well. I am very pleased that Ashok has joined Bristlecone and look forward to its next phase of growth and success under Ashok's leadership."

"I'm very excited to take on this new challenge", said Mr. Santhanam. "I've always had a strong belief in the promise of the Bristlecone and Mahindra combination, and I look forward to working with the Bristlecone team to realize that promise in the coming years."
 
 
 
   
 
 
 
 
 
   
 
 
 
   
 
 
 
 
 
 
 
 
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