India & U.S.: Upturn In A Downturn Theme Resonates With Audiences At NRI Global Summit 2009

SUNNYVALE, Calif.--(Business Wire)--
Industry leaders from across the globe came together Saturday, October 24, to
honor notable Indian achievers and discuss political and commercials trends
affecting India and the U.S., at the annual NRI Global Summit 2009.

Over 250 entrepreneurs and venture capitalists packed the India Community Center
in Milpitas; among them were Dr. Shan Nair, co-founder of Nair & Co. and
international president of the NRI Institute.

"With economic pressures and issues swaying companies in various directions,
this summit allowed key executives and top professionals to assemble and network
on avenues of interest," Dr. Nair said.

The summit began with a keynote by Vinod K. Dham, famous as the Father of the
Pentium and founder and executive managing director of NEA-IndoUS Ventures.

"Here in the Silicon Valley, NRI`s have been playing a key role as
entrepreneurs, venture capitalists and top managers, in fostering a two-way flow
of capital, skills and technology. However there is additional room for NRI`s to
play an active role in strengthening cooperation between India and US in the
areas of education, healthcare and energy," Dham, who was awarded the lifetime
achievement award later in the evening, said.

B.V. Jagadeesh, CEO of 3Leaf Systems, discussed the Silicon Valley`s integral
role in producing successful startup companies as he spoke on the
VC/Entrepreneur panel.

Joining Jagadeesh on the panel was Vish Mishra, venture director for Clearstone
Venture Partners, who said the summit did a great job in addressing the issues
facing entrepreneurs, mainly about raising capital and how strong business plan
and a powerful referral can make a difference.

"The NRI Global Summit augments many such conferences and forums already
available in Silicon Valley to benefit the Indian community," he added.

The Summit was hosted by Raj Mathai, Emmy award-winning NBC Anchor and speakers
Included Gunjan Bagla, Managing Director, Amritt Ventures; Harjiv Singh,
Co-Founder and Co-CEO, Gutenberg Communications; Jagmohan Singh, National
Secretary General, NRI Institute; Matt Shocklee, CEO, GSOS; Michael
Dipaula-Coyle, Director Policy Advocacy, USIBC; Sandip Roy, Editor-Host, New
America Media; Abrar A. Hussain, Senior Counsel, Akin Gump Strauss Hauer And
Feld LLP; Aniruddha Joshi, Executive Director, Hirco PLC; Anurag Bhargava,
Chairman, IREO; Arijit Sengupta, Founder, Beyondcore; Ash Kalra, Councilmember,
San Jose; Atul Vashistha, Author, Offshore Nation; Bhaskar Menon, CEO, e4e; Dr.
Rafiq Dossani, Executive Director, South Asia Initiative, Stanford University;
Farhana Huq, Co-Founder and CEO For C.E.O Women; Gautam Godhwani, Founder,
Simply Hired Inc.

Joining the above were Monica Kumar, Senior Director, Product Marketing, Oracle;
Nithya A. Ruff, Senior Director, Key Accounts; Wind River Systems, R.
Seetharaman, CEO, Doha Bank; Ragula Bhaskar, CEO, Fatpipe Networks; Rajesh
Setty, President, Suggestica; Rennu Dhillon, Founder Genius Kids; Saad Khan,
Partner, CMEA Capital; Sarah Singh, Filmmaker; Stephen Wares, VP Business
Development, Nair & Co.; Summit Rai, Founder, Mobclix; Vikash Varma, CEO Of
Stoke Inc.; Vikram Amar, Associate Dean, UC Davis School Of Law; Saroj Sahu,
Founder, Deeya Energy; and Prashant Shah, Managing Director, Hummer Winbald
Venture Partners.

The summit ended with a spectacular award program to honor NRIs and PIO for
their achievements. Awardees included Vinod Dham, Executive Managing Director,
NEA-IndoUS Ventures; B.V. Jagadeesh, CEO, 3LeafSystems; Vish Mishra, Venture
Director, Clearstone Ventures; Pratibha Prahlad, Dancer, India; Ishaara,
America`s Got Talent; Giju, Latin Dance pioneer, Anika Iyer, Founder, Skip a
Birthday; Murali Krishnamurthy, Founder Chairman, Sankara Eye Foundation;
Captain Mike Patel, Fellow Member, Royal Society For Encouragement of Arts;
Mohan Gandhe, Marketing Controller, Padmavati Pharmaceuticals; Girija Shankar
Sharma, Chief Secretary, Rajasthan Bal Kalyan Samiti, Jhadol; Peter Dhillion,
CEO, Richberry Group of Companies; V. Krishnamurthy, Partner, Ashraya
Developers; and Vijay Amritraj, founder, Vijay Amritraj Foundation.

Jagadeesh said, "I am humbled to receive the award. It is the work of my team
and my people. I`d like to recognize my partner at Exodus, my wife and my family
who worked with me day and night to help achieve these dreams."

The night ended with lively entertainment from the San Jose Taiko, a world class
performing ensemble, Giju`s Latin-Indian fusion dance and Ishaara, the America`s
Got Talent Bollywood Dance troupe.

Nair & Co. was the presenting sponsor for the summit. The award-winning company
provides businesses with an integrated solution in the HR, finance, tax,
compliance and legal arenas making a company`s move overseas less risky, stress
free and more strategic. In 2009, Nair & Co. was named among the top 100
outsourcing services providers in the world by the International Association of
Outsourcing Professionals (IAOP).

Other sponsors include Ireo Management Pvt. Ltd, the first and the largest
Private Equity Fund dedicated to the Indian real estate sector, Business Wire,
Dharma Estate Wines, Dow Jones, Wall Street Journal, Turmeric, Sikara & Co.,
Sheraton Hotel, Hornblower Cruises, Stone Circle Media, Mount Madonna School,
India-West, Desiclub.com, NRI Achievers Magazine, and SFIndian.com.

The NRI Global Summit 2009 affiliate partners are Churchill Club, Global
Emerging Technology Institute (GETI), Harvard University Bay Area, India
Community Center (ICC), Indian Business and Professional Women (IBPW),
International Association of Outsourcing Professionals (IAOP), Silicon Valley
Association of Startup Entrepreneurs (SVASE), South Asian Journalists
Association (SAJA), South Asian MBA Association (SAMBAA), TiE-Boston, U.S.
Chamber of Commerce U.S.-India Business Council (USIBC), Vokkaligara Parishat of
America (VPA).

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Nair & Co.
Diana Rohini LaVigne, 408-515-9048
Nandita Verma, 408-501-8867
media@nair-co.com

Copyright Business Wire 2009