Pershing's Affiliate, iNautix Technologies India Private Limited, Expands Presence July 23, 2008 20080723 PDF CHENNAI, INDIA, July 23, 2008 - Pershing LLC and The Bank of New York Mellon Corporation, announced today that it has expanded its facility at the Ascendas International Tech Park in Chennai, India with the addition of more than 57,000 square feet of office space.
Pershing's Affiliate, iNautix Technologies India Private Limited, Expands Presence
July 23, 2008

iNautix Technologies India Private Limited, an affiliate of Pershing LLC and The Bank of New York Mellon Corporation, announced today that it has expanded its facility at the Ascendas International Tech Park in Chennai, India with the addition of more than 57,000 square feet of office space.

iNautix's locations in Tidel Park and the Ascendas International Tech Park together house more than 1,800 technology professionals. The new space is easily accessible for commuting and will provide iNautix with the capacity to accommodate more than 600 additional technology development associates. iNautix plans to continue expanding its associate base and expects to have more than 2,200 dedicated technology professionals in Chennai by the end of the year.

Suresh Kumar, chief executive officer of iNautix Technologies India Private Limited, said, "The expansion of our operations at the Ascendas International Tech Park reflects our continued commitment to enhance and build our team of highly-skilled technology professionals. We remain focused on developing best-of-breed technology solutions and capabilities to help Pershing's and The Bank of New York Mellon’s customers grow their businesses."

 

iNautix Technologies India Private Limited provides technology services, business and technology operations and remote infrastructure management services for its affiliates, Pershing LLC and The Bank of New York Mellon. iNautix also develops and delivers comprehensive technology solutions and software development capabilities for customers of Pershing and The Bank of New York Mellon. Additional information is available at www.inautix.co.in.

Pershing LLC (member FINRA/NYSE/SIPC) is a leading global provider of financial business solutions to more than 1,150 institutional and retail financial organizations and independent registered investment advisors who collectively represent over five million active investors. Located in 19 offices worldwide, Pershing is committed to delivering dependable operational support, robust trading services, flexible technology, an expansive array of investment solutions, practice management support and service excellence. Pershing is a member of every major U.S. securities exchange and its international affiliates are members of the Deutsche Börse, the Irish Stock Exchange and the London Stock Exchange. Pershing LLC is a subsidiary of The Bank of New York Mellon Corporation. Additional information is available at www.pershing.com.

The Bank of New York Mellon Corporation is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has more than $23 trillion in assets under custody and administration, more than $1.1 trillion in assets under management and services $11 trillion in outstanding debt. Additional information is available at bnymellon.com.

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CHENNAI, INDIA, July 23, 2008 - Pershing LLC and The Bank of New York Mellon Corporation, announced today that it has expanded its facility at the Ascendas International Tech Park in Chennai, India with the addition of more than 57,000 square feet of office space. PDF

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Contact information

Barbara Gallo
(201) 413-2930
bgallo@pershing.com

Michael Geller
(201) 413-4179
mgeller@pershing.com