Roped in Phaneesh Murthy and ex-Lucent V-P Revenues declined by 13%

Revenues fell for the second year in a row at this Chennai-based communication software company. It has strong offshore infrastructure and gets a good 70% of its revenues from offshore work. With revenues declining, the company roped in heavyweights like former Infosys marketing chief and founder of Primentor, Phaneesh Murthy, and former vice-president for switching solutions at Lucent Technologies, Sarbreet Singh, in an effort to bolster sagging revenues.

CMD: KV Ramani Start-up year: 1985 Products & services: Communication and embedded SW services Employees: 486 Address: 480-481, Anna Salai, Nandanam, Chennai 600035 Tel: 24330550 Fax: 24344157 Website: www.futsoft.com