Avendus Securities Picks [x]cubeLABS as Mobile Technology Partner
Avendus Securities, a wholly owned subsidiary of Avendus Capital, the leading financial services firm picks [x]cubeLABS as their mobile technology partner to launch their new app for iPhone and iPad.

DALLAS, TX, August 09, 2011 /24-7PressRelease/ -- Leading mobile technology company, [x]cubeLABS, today added another feather to their cap with the addition of Avendus Securities, a wholly owned subsidiary of Avendus Capital, the leading financial services firm headquartered in India, to their list of enterprise clients. Under the terms of the agreement, [x]cubeLABS, will design, develop and deploy mobile application for various services offered by Avendus Securities.

The application named Avendus will bring insightful industry information at user's fingertips. The app developed for iPhone and iPad, provides investors in India access to institutional research covering companies across a comprehensive range of industries including Automobiles, Banks, Cement, Construction, Consumer, Engineering, Financial Services, IT Services, Metals & Mining, Oil & Gas, Pharmaceuticals, Retail, Telecom and Utilities.

Commenting on this new development Kaushal Aggarwal, Managing Director, Avendus Capital said, "Reaching out to clients through channels preferred by them is a critical factor in the success of any business and goes a long way in providing value. This application will help clients and investors access incisive economic and sectoral research, investment ideas and company specific research based on empirical data. A vast portfolio of innovative work made [x]cubeLABS a natural choice to develop this application."

[x]cubeLABS has been a leader in developing specialty mobile technology solutions and has worked with premiere Fortune 100 companies across multiple verticals. The company offers mobility solutions in both, B2B and B2C domains.

Speaking on the occasion, Mr. Ravi Korukonda, COO of [x]cubeLABS, said "Avendus Securities' decision to choose [x]cubeLABS as app development partner represents a shared vision to optimize the potential of mobile applications in financial research and analysis. Our experience and expertise in utilizing avant-garde mobile technology to deliver high-performance solutions coupled with in-depth domain understanding from Avendus Securities will surely revolutionize the way critical information and researched insights are shared through mobile applications".

The application is now available for download from the Apple App Store at http://itunes.apple.com/us/app/avendus/id444426037?mt=8

Press Release Contact Information:

Saptarshi Roy Chaudhury
[x]cubeLABS
VP Marketing
2135 Farrington Street
Dallas, Texas
USA 75207
Voice: 800-805-5783
Website: Visit Our Website