Bangalore, September 14, 2010 - Bangalore based Omnesys Technologies Pvt. Ltd. (Omnesys), has announced the release of "Omnesys NEST Mobile" suite of software for mobile trading. This product is being released after the SEBI Circular authorizing mobile trading in India.

Omnesys is a technology company which develops products for the Securities Market segment in the BFSI space. The company’s trading system and flagship product "Omnesys NEST" is used by top institutions and retail brokers to access various Indian stock and commodity exchanges. OMNESYS provides market data and connectivity solutions to both buy-side and sell-side firms and the trading system is available either as an enterprise-hosted solution or as a 'Software as a Service' (SaaS) solution.

"Omnesys NEST Mobile" is based on SmartBroker™ by Openstream, Inc., a US based mobile software provider and is available on all popular mobile devices such as Blackberry, Android, SymbianS60, WindowsMobile and iPhone/iPad. Omnesys is also releasing a light weight website for access via Mobiles called the OMNESYS NEST Mobile Lite. This is ideal for fast uploads on the move with low bandwidth utilization.

Built on Open Standards based cue-me™ multi modal technology, NEST Mobile allows users the convenient interaction with the mobile application through multiple modes – Voice, SMS, Touch, as appropriate based on the users’ preference while on the move.

Speaking on the benefits that mobile trading will bring to investors and customers of the brokers, Shrikant Pandit, Managing Director, Omnesys said, "This multi modal offering increases the scope of "Omnesys NEST" usage in India and enables our retail brokers to offer mobile trading to their customers in a seamless and easily accessible way."

Mr. Raj Tumuluri, CEO of Openstream, Inc said, "We have been working on this solution with Omnesys for the past several months and are happy that our solution will be available to all the investing public in India".

About Omnesys: Omnesys is a leading provider of the multi-asset class, multi-venue trading system Omnesys NEST™. Omnesys NEST™ is a fully integrated eco-system for securities including the Order Management System, a comprehensive pre-trade risk management system that supports various types of front ends, automated trading systems, and algorithms. Omnesys NEST™ also provides FIX execution capabilities and APIs for both buy and sell side firms. With exceptional throughput, very low latency and high scalability capabilities, Omnesys NEST™ has captured significant market share in the Indian markets within a short period of time. A substantial percentage of the volumes on the markets happen through Omnesys NEST™ automated trading systems and algorithms.

About Openstream: Openstream is a leading provider of secure, standards based multimodal, mobile platform and solutions for Enterprises, Content Providers and Carriers worldwide that offer cost-saving and brand-loyalty-enhancing mobile applications in the areas of: Financial Services, Insurance, Field Sales & Services, Health Care, Media & Digital Publishing. For further details visit http://www.openstream.com

For more information, contact:
Openstream Inc.
+1 (732) 507-7030