The Society of Industry Leaders Welcomes David Sasson as a Distinguished Leader in the Telecom and Technology Industries

New York City, New York (June 30, 2006) — David Sasson, Co-founder and CEO of Open Terra has been awarded membership into the Society of Industry Leaders, an international organization based in New York City dedicated to bringing together authorities from all fields in a truly global network. A division of Standard & Poor's, the Society of Industry Leaders connects industry veterans and academia professional in a variety of fields and industries with institutional investors. David Sasson is a serial entrepreneur and is frequently sought after for his breadth of knowledge in various technology sectors.

"I am honored and pleased to be part of this elite and prestigious organization and to be recognized as a leader in the technology and telecom sectors by my peers and leading financial institutions," stated David Sasson about being awarded membership into the expert network. "Members of the Society of Industry Leaders are considered industry experts that Wall Street and global financial institutions consider important. Essentially, I will be called upon by major hedge fund and financial portfolio managers to aid them in their research of technology and telecom industry trends, segments and technology companies recognized by the financial markets."

Established in 2002, Open Terra helps enterprises achieve their wireless strategies by empowering remote workforces. The company's online, instant mobility solutions deliver unprecedented connectivity and access to information from databases, applications and Web services that will help businesses run more productively and profitably. With the worldwide emergence and explosive growth of 3G, RFID, WiFi, and WiMax wireless technologies, along with the Internet, Open Terra's advanced mobile enabling technology is positioned to meet this demand. Open Terra is headquartered in the New York City metro area with offices in San Francisco and Hong Kong.

"The fact that a division of Standard & Poor's, the world’s foremost provider of independent credit ratings, indices, risk evaluation, investment research, data, and valuations is seeking our input in our industry demonstrates that we continue to gain national and international attention for our expertise in telecom and other cutting edge communication's software technology," Sasson explained. "We continue to expand globally and being associated with a premier global network of experts will benefit our continued growth plans."

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Media Contact:
Open Terra, Inc.
+1-732-765-9600
press@openterra.com