Press Releases

For Immediate Release

Ragula Bhaskar, Ph.D., President and CEO of FatPipe Networks, is Announced as the New Chairman of the Governor's Office of Economic Development for the State of Utah, USA

Bhaskar plays an important role in determining the direction of the economic development of Utah

Aug 29, 2007

FatPipe Networks™, the inventor and multiple patents holder of WAN optimization, redundancy and security products, announced today that its President and Chief Executive Officer, Ragula Bhaskar, Ph.D., is the new Chairman of the Governor's Office of Economic Development (GOED) Board.

The GOED charter is based on Governor Jon Huntsman's commitment to economic development statewide. The mandate for this office is to provide rich business resources for the creation, growth and recruitment of companies to Utah and to increase tourism and film production in the state. GOED accomplishes this mission through the administration of programs that are based around industries or "economic clusters" that demonstrate the best potential for development. GOED utilizes state resources and private sector contracts to fulfill its mission.

Inc. 500 ranked FatPipe as the 189 th fastest growing private company in the U.S. in 2004, and the Deloitte Technology Fast 500 ranked it as the 381 st fastest growing company in North America in 2006. FatPipe's unique technology provides businesses and government entities access to highly redundant, reliable and high-speed Internet/wider area networks (WANs) and is used to support mission critical applications.

Bhaskar's experience extends beyond entrepreneurship and includes a Ph.D. in Engineering from Pennsylvania State University. His academic career includes work as a research technologist in the engineering department at Pennsylvania State University, and later as a tenured associate professor of Mining Engineering at the University of Utah. He has also served on several committees, including the Society of Mining Engineers (SME) and the Public Policy Committee of the Utah Information Tech Association.

"I am honored to be appointed by Governor Huntsman to this prestigious position, and hope to contribute in a significant way to the health and prosperity of the state of Utah by working closely with him in this endeavor," said Bhaskar.

About FatPipe Networks

"FatPipe Networks is the inventor of router clustering solutions that provide highly redundant, reliable and high-speed Internet access for mission-critical applications. FatPipe products enable companies to obtain low-cost, highly redundant and fast Internet/WAN access, allowing such corporations to implement Intranets, Thin Client, Virtual Private Networks and Frame Relay Networks. For more information, please visit: www.fatpipeinc.com

Contact
Hayley Elias
Marketing
FatPipe Networks
hayley@fatpipeinc.com
Tel: (801) 281 3434 Ext-2226