[December 17, 2014]

Saama Wraps Up 2014 With Addition of Stan Meresman to Board of Directors and Gartner Representative Vendor Recognition

Saama Technologies, Inc., a leading pure-play data and analytics solutions and services company, is wrapping up 2014 on a high note with the announcement that industry veteran Stan Meresman, current board member of major enterprises such as LinkedIn and Palo Alto Networks, has joined Saama's board of directors. In addition, the company is recognized in the recently released Gartner (News - Alert) report, 2014 Market Guide for Insurance Fraud Analyticsⁱ, just months after being included in two Gartner Hype Cycle Reports: Hype Cycle for Consumer Engagement With Healthcare and Wellness 2014 and Hype Cycle for Healthcare Provider Applications, Analytics and Systems, 2014.

"I am joining Saama's board at a particularly opportune time," said Stan Meresman. "Saama is in the right market at the right time with an impressive mnagement team and solution portfolio poised for rapid growth. Saama's analytics domain skills coupled with vertical expertise will continue to drive the use of analytics into core business processes."

Saama is experiencing continued traction with its combination of expertise in advanced data and analytics, deep industry background, and ability to deliver fast and repeatable results. The renewed recognition as a key representative vendor by Gartner is a testament to Saama's acumen for delivering high value data-driven innovation to its customers for better insights and optimal business outcomes.

As a well-known trusted advisor, Meresman will deepen Saama's board with relevant, financial and data analytics expertise. He has provided board oversight for four companies through successful IPOs including LinkedIn, Zynga, Riverbed Technology and Polycom (News - Alert). As former CFO of Silicon Graphics and Cypress Semiconductor he has expertise with technology companies undergoing rapid growth. Meresman is a current board member of several industry-leading brands including LinkedIn, Palo Alto (News - Alert) Networks, Zynga, HyTrust and Turn.

"As Saama advances our market leadership through innovative analytics that solve complex business challenges, Stan's proven contributions as a board member will be a valuable asset," said Suresh Katta, Saama CEO. "Stan's ability to transform companies from a market leader to a global leader are ideal as we are poised to take the company to new heights in 2015 and beyond."

Saama has ready-packaged solutions for insurance analytics including fraud as noted by Gartner, as well as analytics for churn, patient engagement, service, clinical operations, and customer buying patterns. More about Saama, Saama customers, and success stories can be found by visiting http://www.saama.com. Or contact us to find out how we can help with your initiatives through advanced data science and analytics.

About Saama Technologies, Inc.

Saama Technologies is one of the largest pure-play data science solutions and services companies focused on solving the data management and advanced analytics challenges of the world's leading brands. Based in Campbell, CA (News - Alert), Saama has over 15 years of history in implementing business analytics, big data, predictive analytics and data management solutions for global clients in industries such as life sciences, healthcare, insurance, financial services, high technology, media and public sector. Saama serves these clients from its offices in US, Europe and India. Saama can be reached at http://www.saama.com.

ⁱ Gartner, Inc. "Market Guide for Insurance Fraud Analytics, 2014" by Kimberly Harris-Ferrante. November 24, 2014

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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