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Asian Base for Perseus

November 7 2003

Web-based survey research and software company Perseus Development Corporation has announced the formation of Perseus-Asia Ltd. The new, Singapore-based corporation will provide local support for existing Asia-Pacific customers and sales support for new business opportunities.

Perseus' 5-year growth rate is currently 543%, achieved self-funded through consistent and increasing profitability. The company was recently recognized with appointment to Inc. 500's list of the fastest-growing private companies in the US and to Deloitte & Touche's Technology Fast 50 and Fast 500 lists.

Ken Tan will be the Singapore-based President of Perseus-Asia. Mr. Tan's extensive IT industry experience ranges from field service work, pre-sales support work, systems integration, IT product and web application sales. He was previously Vice-President of Sales for Pacfusion Group Holdings, Pte, Ltd, after spells as Sales Director for First Worldwide Technologies, Pte Ltd and as a Managing Director and Systems Integrator for Integrated IT Services, Pte Ltd.

According to President Rich Nadler, Perseus' expansion into Asia-Pacific is 'another strategic investment that allows us to pursue international opportunities, by having a strong management team locally placed and poised to build our business'. VP of International Operations Carl Henning adds: 'This is the first step in our international expansion which will include entry into the UK and Western European markets where we feel there is significant opportunity for our products'.


All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas unless otherwise stated.

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