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    OPT   CA68403N3076

OPTIVA INC.

(OPT)
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Optiva : Appoints Sunil Arora as Senior Sales Director of APAC Region

09/15/2021 | 07:22am EST

TORONTO, September 15, 2021- Optiva Inc. ('Optiva' or the 'Company') (TSX:OPT), a leader in providing communications service providers (CSPs) worldwide with cloud-native revenue management software on the private and public cloud, is pleased to announce the appointment of Sunil Arora as Senior Sales Director of the APAC region.

Sunil is a global business leader and industry veteran who brings a wealth of experience to his new role. Most recently, he was with Nokia Solution Networks, where he served as Sales Leader. Previously, he held leadership positions with Wipro Technologies, EY, Telenor Group and Giesecke+Devrient.

'There are a wealth of opportunities and new business models beyond B2X2X for APAC CSPs and enterprises due to the rapid growth of IoT and 5G,' said Sunil. 'To monetize these, they must satisfy the expectations of a broader range of stakeholders in the complex and growing OTT partner ecosystem.'

Sunil's approach is to keep operators at the forefront of technology to sustainably compete in the market. He believes that harnessing cloud-native technology, data analytics, open APIs and CI/CD delivery models enabling zero-touch operations is the best strategy for operators to be able to achieve and exceed their business objectives.

'The APAC region is going through major digital transformation due to the rollout of 5G, which will spur economic growth,' said Sebastiano Tevarotto, Optiva Customer Success Champion. 'Sunil's experience in the region and Optiva's cloud-native BSS solutions will afford operators the ability to accelerate their digital business success with access to agile innovation, faster business velocity and the enhanced ability to deliver customer-centric services.'

About Optiva Inc.

Optiva Inc. is a leading provider of mission-critical, cloud-native revenue management software for the telecommunications industry. Its products are delivered globally on the private and public cloud. The Company's solutions help service providers maximize digital, 5G, IoT and emerging market opportunities to achieve business success. Established in 1999, Optiva Inc. is on the Toronto Stock Exchange (TSX:OPT). For more information, visit www.optiva.com.

For additional information, please contact:

Optiva Media Contact

Misann Ellmaker

media@optiva.com

Optiva Investor Relations Contact

Ali Mahdavi

investors-relations@optiva.com

Disclaimer

Optiva Inc. published this content on 15 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2021 11:21:02 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2021 65,0 M - -
Net income 2021 - - -
Net Debt 2021 - - -
P/E ratio 2021 -
Yield 2021 -
Capitalization 135 M 135 M -
Capi. / Sales 2021 2,08x
Capi. / Sales 2022 1,98x
Nbr of Employees 342
Free-Float 99,0%
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Number of Analysts 1
Last Close Price 21,93 $
Average target price 30,18 $
Spread / Average Target 37,6%
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Managers and Directors
John Paul Giere President, Chief Executive Officer & Director
Ashish K. Joshi Chief Financial Officer & Secretary
Robert Stabile Non-Executive Chairman
Jozsef Czapovics Vice President-Engineering
Matthew Halligan Chief Technology Officer
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