Coralina Group Technologies Launched Firm to Provide Offshore Development Resources.Business Editors/High-Tech Writers MORRISTOWN, N.J. & SANTO DOMINGO Santo Domingo, pueblo, United States Santo Domingo (sän'tə dəmĭng`gō), pueblo (1990 pop. 2,866), Sandoval co., N central N.Mex., on the Rio Grande; founded c.1700 after earlier pueblos were destroyed by floods. , Dominican Republic--(BUSINESS WIRE)--Nov. 13, 2003--Coralina Group Technologies announced its formation today, with headquarters in Morristown, New Jersey Morristown is a town in Morris County, New Jersey, United States. As of the United States 2000 Census, the town population was 18,544. Its estimated population in 2004 was 18,842. It is the county seat of Morris CountyGR6. and affiliated operations in the Dominican Republic Dominican Republic (dəmĭn`ĭkən), republic (2005 est. pop. 8,950,000), 18,700 sq mi (48,442 sq km), West Indies, on the eastern two thirds of the island of Hispaniola. The capital and largest city is Santo Domingo. . Coralina Group Technologies is founded by Pablo Tapia, former CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and Founder of Apogee Networks. The Coralina Group will provide firms with offshore IT and Telecom software development services by leveraging local talent in the Dominican Republic and India. "The formation of the Coralina Group Technologies represents the continuing recognition of the Dominican Republic as an emerging center for IT and Telecom software development," said Dr. Leonel Fernandez, former president of the Dominican Republic. "With the participation of firms such as Coralina Group Technologies, we will compete for the burgeoning global outsource development business. We have a highly educated and skilled professional talent base that is highly cost competitive. As a nation we will aggressively invest our resources in strategic areas that will foster our position in the IT industry," concluded Dr. Fernandez. Dr. Fernandez currently heads the Foundation of Global Development and Democracy (FUNGLODE FUNGLODE Fundacion Global Democracia y Desarrollo (Spanish: Global Foundation for Democracy and Development) ), which is dedicated to the economic transformation and prosperity of the Dominican Republic. "I am excited about the formation of the Coralina Group Technologies. We will provide firms with advanced IT and Telecom development support by leveraging local talent in the Dominican Republic. We will bring together the brightest minds in India to help us transform the Dominican Republic into a major center of outsourced software development," said Pablo Tapia, Founder and CEO of the Coralina Group Technologies. Mr. Tapia is a leading entrepreneur in the IT and Telecom software development sector. He founded and managed Apogee Networks (Evident Software) which under his leadership provided advanced network billing services to clients such as Intel, Cornell University Cornell University, mainly at Ithaca, N.Y.; with land-grant, state, and private support; coeducational; chartered 1865, opened 1868. It was named for Ezra Cornell, who donated $500,000 and a tract of land. With the help of state senator Andrew D. , Citigroup, Fidelity Investments Fidelity Investments is a group of privately held companies in the financial services industry. It is made up by two independent but closely cooperating companies, Fidelity Management and Research Corporation (FMR Co. , Texaco, BT, J.P. Morgan, etc. Mr. Tapia has also held several senior executive positions at Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. , The Wilke Group and Bankers Trust. About US: Coralina Group Technologies is the holding company, which will operate subsidiaries in Software Product Development, IT Solutions and Software Products for the Medical Sector. The firm was founded to provide offshore development support by leveraging the local talent and support in the Dominican Republic and India. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion