Ivan Fernandes, MD, Ducont Awarded 'Entrepreneur of the Year' Award by TECOM

TECOM Investments, a leading developer of knowledge-based business awarded the inaugural edition of the 'Pearl Awards' to Ducont, a Subsidiary of Zylog Systems Limited.

Chennai, India, June 05, 2009 --(PR.com)-- TECOM Investments, a leading developer of knowledge-based business clusters and a member of Dubai Holding, awarded the inaugural edition of the 'Pearl Awards'. Celebrating the mutual success and growth achieved by TECOM Business Parks and its Business Partners, the awards were presented at the Knowledge Village Auditorium by Abdullatif Al Mulla, CEO, TECOM Investments and Dr. Amina Rustamani, CEO, TECOM Business Parks.

The Pearl Awards included 11 categories for Corporate Social Responsibility Achievement of the Year, Innovation of the Year, Employer of Choice, Fastest Growing Company of the Year, Customer Service, Globalization and Diversification, Contribution to the UAE Society, HSE Award, Entrepreneur of the Year, Company of the Year, and Award for Maximum Suggestions made through VOICE IT - TECOM Investments' complaint and feedback management system.

Mr. Ivan Fernandes, Founder and Managing Director of Ducont, a subsidiary of Zylog Systems Limited, the leader in providing mobile banking and commerce solutions in the Middle East was awarded the prestigious 'Entrepreneur of the Year'.

Ivan, a successful entrepreneur who has received several awards for his innovation and leadership qualities in the past including 'Young Entrepreneur Award' from FKCA and the Hind Ratan Award in 2006 was delighted to receive this award.

Speaking after receiving the award, Ivan said, “TECOM Business Parks has more than 1500 companies with several outstanding entrepreneurs from round the world and to be selected as the 'Entrepreneur of the Year' is a very satisfying reward for all the challenges that we overcame in the last 9 years. Ducont was one of the early startups at Dubai Internet City and has grown in stature over these years to be a well recognized brand in this region, thanks to the support of it growing list of reputable customers which includes Dubai E-government, 40 plus banks and Saudi Aramco”.

Ivan spends considerable time in promoting entrepreneurship and is the past president of The Indus Entrepreneurs (TiE), Dubai Chapter, the largest entrepreneur organization in the world and Kanara Entrepreneurs Ltd (KEL), Dubai. Recently, he has been appointed Chairman of KE Global which was created to unite all the entrepreneurs from the Kanara region.

About Ducont FZ LLC

Ducont FZ LLC is the leader in providing mobility solutions in the Middle East specializing on the financial, e-government and telecoms sector. Ducont currently services over 150 business houses in the region, which include major corporations such as banks, financial institutions, mobile operators, government and major oil conglomerates. Some of its major clients include Dubai E-government, Saudi Aramco, Qtel, Batelco, Etisalat, National Bank of Abu Dhabi, Abu Dhabi Commercial Bank, Doha Bank, Qatar National Bank and National Commercial Bank.

Ducont is a subsidiary of Zylog Systems Limited, a public listed company in India.

About TECOM Investments

TECOM Investments, based in Dubai, is a subsidiary of Dubai Holding, a global company dedicated to knowledge and life-improving industries. A creator of vibrant knowledge industry clusters, TECOM Investments is currently active in buoyant cutting-edge sectors like ICT, Media, Education, Biotechnology and Energy.

A recognized leader in the global knowledge industry, TECOM Investments manages entities like Dubai Internet City, Dubai Media City, Dubai Knowledge Village, Dubai International Academic City, eHosting DataFort, International Media Production Zone, Dubai Outsource Zone, Dubai Studio City, DuBiotech and Enpark.

Neha Damani
91 44 3915 7000