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Our Bureau

Hyderabad , March 22

INMAGE Systems Inc, a data continuity and disaster recovery solutions provider, has announced the establishment of its India development centre in Hyderabad where it plans to invest about $2 million (about Rs 9 crore).

Addressing a press conference here, the Co-Founder and Chief Executive Officer of InMage, Mr Kumar Malavalli, said, "The company has positioned this centre as a full life cycle service provider, right from product design, development, quality testing and roll out to even global support cum services."

Funded by Mr Malavalli himself, to the tune of $7.3 million, the company is considering the option of raising funds through second round of funding.

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