www.ismaili.net

http://www.triangletechjournal.com/news ... tem_id=833

January 2005 issue.

Trinity Convergence names new CEO
RTP, N.C. – Trinity Convergence, a developer of communications software for video-and voice-over-IP and wireless VoIP markets, announced that Ajit Pendse has joined the company as CEO. Pendse replaces Salim Bhatia, who leaves the company to lead an international not-for-profit venture.

In 1995, Pendse founded eFusion, a spin-off from Intel Corporation that developed and marketed VoIP applications and ASP services to telecommunications companies and enterprise customers. Pendse holds five patents related to IP telephony based on work at eFusion, which was acquired in 2000 by ITXC/Teleglobe.

Former CEO, Bhatia, leaves Trinity to work with the Aga Khan Development Network, a philanthropic endeavor, where he will lead the establishment of a network of schools in Asia and Africa.

“I’m very happy to have been part of the Trinity Convergence experience,” said Bhatia. “Trinity is well positioned with the release of the new product line. The opportunity to make a difference to people in the developing world is a privilege I could not turn down.”

---------------------------
http://triangle.bizjournals.com/triangl ... ily18.html

Trinity Convergence appoints CEO
Chris Baysden
Trinity Convergence Inc. has named Ajit Pendse as the company's new chief executive officer.

Pendse replaces Salim Bhatia, who left the company to lead an international not-for-profit venture called Aga Khan Development Network. In his new job, Bhatia will lead the establishment of a network of schools in Asia and Africa.

Pendse has 20 years of experience in the communications and computing industry sectors. He most recently served as CEO of ABP Holdings, which is based in Portland, Ore.

"It's exciting to get into a new gig in a new city," says Pendse, who has not worked at a company in the Triangle before. He does have experience in voice-over-IP, however. In 1995, he founded eFusion Inc., a spin-off from Intel Corp. that developed and marketed VoIP applications. VoIP is used to provide phone service over the Internet.

"This is my second bite at the same apple," he says of Trinity's VoIP software. He says that it is a given that VoIP will win in the marketplace -- its just a question of which type of equipment will win out. Trinity has hedged its risk by selling its software to a number of different types of VoIP equipment providers, Pendse says.

Trinity snared $5.6 million in Series C funding in late 2004. The telecom software maker has raised $16.1 million from investors since its founding in June 2000.

Trinity, which employed about 30 people at two facilities in Morrisville and in the United Kingdom at the end of last year, planned to use the Series C money to increase the ranks of its sales force, which pitches to makers of telecom equipment.

The company's Morrisville location is a sales office, while the U.K. facility performs most of the software development work.

© 2005 American City Business Journals Inc.