Trans Atlantic Systems announces board of directors for new Canadian division

Grand Falls-Windsor, NL, Canada / October 26, 2005 / --   Trans Atlantic Systems (TAS) headquartered in Atlanta, Georgia announces the addition of Mr. Walwin Blackmore and Mr. Don Keats as two new directors for its new Canadian division.

  Mr. Keats and Mr.Blackmore bring experience in different capacities both in community based partnerships and senior corporate management.  This new division will set up a near shore software outsourcing facility in Grand Falls-Windsor Newfoundland and Labrador.

  Trans Atlantic Systems, Inc. is based in Atlanta, Georgia. Begun in 2004, Trans Atlantic Systems purchased the US operations of SRA Systems of Chennai, India and maintains offices in both the US and India. With 19 years experience in large software development and maintenance projects, Trans Atlantic Systems focuses primarily in the transaction processing and telecommunications verticals.

    “We offer a global delivery model,” said President Robert Green, “and this requires that we have a near shore component.” Company expertise in transaction processing and telecommunications includes having many of the top companies in both industries in the US as clients.

  Suresh Sharma Joins Trans Atlantic Systems Board of Advisors.

ATLANTA, GA / August 01, 2005 / -- Trans Atlantic Systems, Inc.,today announced that Suresh Sharma has joined its Board of Advisors.

"I am pleased to announce that Suresh Sharma has joined our Board of Advisors. Suresh comes with his experience of having led NRPS, a division of GE Energy to $ 1.2 Billion in revenues. Suresh would bring valuable strategic direction and growth initiatives to take the company to the next level. We are extremely happy to have someone of his caliber and background believing in our potential" said Madhu Ankarath, CEO of Trans Atlantic Systems, Inc.

  Suresh is a former GE senior executive who is internationally acknowledged for his leadership ability, pragmatic vision, operational excellence and outstanding contributions to GE Energy’s global business growth.

A GE-certified Six-Sigma Master Black Belt, he is widely known for his contributions in setting up global outsourcing centers in R&D, IT, Business Process, Engineering Services, Manufacturing and other sectors in India, China, Canada, Mexico, Europe and the rest of Asia. Co-author of a recently published book “Global Outsourcing: Executing an Onshore, Nearshore and Offshore Strategy”, he is an expert on combining strategy, process maturity and globalization for making businesses grow.

  Most recently, Suresh was Global Technology Leader for a $1.2 billion business-segment of GE Energy, a segment he helped create and integrate from scratch through 22 new acquisitions. The acquisitions varied in size, technology, product lines and geography: from half a million to several hundred millions of dollars in revenue, software, embedded systems, hardware and services companies spread over America, Asia, Europe and Australia. His prior industry experience includes assignments with NASA Langley in the U.S.A., British Aerospace and Rolls Royce in the U.K., and MATRA in France. He began his career as a Naval Officer.

Suresh has authored over 20 technical journal and conference papers, workshop proceedings and NASA research reports. At GE’s premier R&D Center in Schenectady, NY, he led jet engine programs and was responsible for publishing over 30 company-proprietary R&D, design and life management reports. His technology expertise includes the energy sector, power plants, aerospace and composite materials, gas and steam turbines, software, monitoring and diagnostics, sensors and automation, and distributed networks (e.g., transmission and distribution, water, oil and gas, telecom, homeland security).

An active Atlanta community volunteer, he mentors many young professionals and teenagers. Further, he is Chairman of GIACC Trade Committee (Georgia Indo-American Chamber of Commerce), Chairman of TAG Global Outsourcing Society (Technology Association of Georgia), Member of External Industry Advisory Board of Georgia Tech (MSE), Executive VP of TiE Board of Mentors (The Indo US Entrepreneurs) and is a Fellow of the Venture Lab at ATDC, Georgia Tech.

  Suresh has a Masters in Aerospace and Engineering Mechanics from Univ. of Florida, Gainesville, FL (U.S.A.) – 1994; Management of Technology Courses from British Aerospace (U.K.) – 1983; ME in Marine Engineering from Naval College of Engineering, Lonavala (India); ME in Aeronautics from AFTC/Bangalore University (India) and BE (Honors) in Mechanical from BITS, Pilani (India) – 1975.

  Calvin D.Johnson Joins Trans Atlantic Systems.

ATLANTA, GA / March 21, 2005 / -- Trans Atlantic Systems, Inc., the leading provider of transaction processing solutions and enabling technologies, today announced that Calvin D. Johnson has joined TAS Board of Advisors as Expert in Transaction Processing.

  Mr. Johnson is the former President of Bank South Services Corporation and the Co- founder of Security First Network Bank, the world’s first internet bank, which evolved into what is now S1 Corporation. He has over thirty years of diversified financial services experience and has held a number of executive positions in the transaction processing world. A third generation aluminus of Georgia Tech, he also holds an MBA in Finance and Marketing from the University of Chicago.

  "We are very pleased to have Calvin join our team," said Robert Green, President and co-founder of Trans Atlantic Systems. "He will play an instrumental role in helping us achieve our goals of being a leading provider of intelligent, next-generation transaction processing solutions and applications."

  Prior to joining Trans Atlantic Systems, Inc, Mr. Johnson was with Electronic Commerce Strategies, a consulting firm, where he advised numerous important financial and transaction processing companies on business strategy.

  "I am excited to be part of the Trans Atlantic Systems, Inc team at this time and have the opportunity to support and play a role in the company's future plans to expand its product and technology offerings as well as broaden its reach beyond the traditional transaction processing enterprise environments."

  "Developing and driving Trans Atlantic Systems sales strategies and initiatives for transaction processing offerings will be very important to the company as Trans Atlantic Systems seeks to expand its market reach to include mid-sized corporations and enterprise environments,” Mr. Johnson said. "I look forward to playing a part in ensuring the company's future goals and direction are met and exceeded."

Offshoring economics.

ATLANTA, GA / Feb 1, 2005 / Atlanta Business Chronicle -- Offshoring can save companies a lot of money, and it has been embraced by many companies, including Atlanta's EarthLink Inc. But Madhu Ankarath, CEO of Atlanta based Trans Atlantic Systems Inc., a provider of information technology staffing, consulting and offshoring services, believes the recent devaluation of the U.S. dollar could have profound effects in countries that count on the dollar being valuable for profit margins. In India, for example -- where much of the United States sends its IT jobs -- its rupee has generally gone up in value since October while the dollar has declined about 20 percent. "That could very well be the death knell of small offshoring companies," Ankarath said. "That is the margins they operate under -- between 20 to 30 percent profit." And if an overseas offshoring vendor decides it is not profitable, it might pull out of the deal, Ankarath said. "That's a very, very real consequence," he said.

If you have news for Technology, contact Justin Rubner at (404) 249-1078; fax, (404) 249-1058; or e-mail (jrubner@bizjournals.com).

TAS enters into Governmental Services Arena.

ATLANTA, GA / Jan 13, 2005 / -- Trans Atlantic Systems today announced the acquisition of a new client, the Delaware Department of Transportation. “The Service Provider Master Agreement was executed today,” said TAS CEO Madhu Ankarath, “and this marks the beginning of our move into the governmental services arena.”

The Delaware Department of Transportation is in the process of employing new technologies in order to do more with less and still make travel safer. These innovations include the new Transportation Management Center (TCM) which is headquarters for DelDOT’s 21st Century technologies. The TCM monitors and manages traffic, expedites the movement of buses and trains and provides real time information to the traveling public and emergency service providers. For more information on the Delaware DOT please visit www.deldot.net.

TAS announces the acquisition of a new client, Certegy, Inc.

ATLANTA, GA / Nov 12 / -- Trans Atlantic Systems today announced the acquisition of a new Atlanta based client, Certegy, Inc. “I think they were impressed with our strength in transaction processing,” said TAS President Robert Green, “and we look forward to a long relationship.”

Certegy (NYSE:CEY) provides credit and debit processing,check risk management and check cashing services, merchant processing and e-banking services to over 6,500 financial institutions, 117,000 retailers and 100 million consumers worldwide. Headquartered in Alpharetta, Georgia, Certegy maintains a strong global presence in the Unites States, United Kingdom, Ireland, France, Chile, Brazil, Austrailia, New Zealand, Thailand and the Caribbean. As a leading payment services processor, Certegy offers a comprehensive range of transaction processing services, check risk management solutions and integrated customer support that facilitates the exchange of business and consumer payments. Certegy generated over $1.0 billion in revenue in 2003. For more information on Certegy, please visit www.certegy.com.

Offshoring - Georgia Decides

ATLANTA, GA / OCT 16,2004 / -- Trans Atlantic Systems CEO Madhu Ankarath will participate in a panel discussion on offshore outsourcing in Columbus, Georgia on October 26, 2004."Georgia Decides" offshoring forum,sponsored by the Georgia ELectronic Commerce Association, Techlinks and the AeA, will be a luncheon event from noon till 2.00 pm at the Greater Columbus chamber of commerce, 1200 6th avenue, Downtown Columbus,GA - 31902.For more information and to register please click here.

GECA elects TAS President Robert Green

ATLANTA, GA / MAR 25,2003 / -- TThe Georgia Electronic Commerce Association (GECA) today announced that it has elected Robert Green as Chairman of the Board of Directors. Mr. Green, President of Trans Atlantic Systems, Inc. will serve through April of 2004. GECA is a public/private partnership that operates as a “think tank” on electronic commerce policy issues. After encouraging passage of the Digital Signature Act in Georgia in 1997, GECA next prepared a primer on e-commerce for the Georgia legislature and has been fighting for database protection ever since. GECA is currently working to develop e-commerce policies that will help drive economic development for Georgia.

Before becoming President of Trans Atlantic Systems, Mr. Green previously served as Vice President of SRA Systems and prior to that as Managing Director of Intellisource, Inc.

Offshoring - It is all about your process


ATLANTA, GA / Nov 4 / -- Trans Atlantic Systems CEO Madhu Ankarath will deliver a speech on "Offshoring - It is all about your process" at the Strategic Research Institute Conference in San Francisco, CA on March 23rd 2005.The Strategic Research Institute creates, produces and manages conferences covering industry specific business-to-business topics. This event is organised at Hotel Nikko, San Franscisco and will address the significance of the outsourcing relationship and provide best practices for companies that are entering or active in the Indian outsourcing market.

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