SUNNYVALE, CA--(Marketwired - Jun 23, 2014) -

WHO
Featured Expert Speakers:

• Thomas Young, Sr. Advisor to Outsourcing Institute and outsourcing expert

• Venki Sundaresan, Senior Director of IT at Cypress Semiconductor

• Ray Solnik, President of Appnomic Systems Inc.

WHAT
3 Secrets That Your Traditional Service Providers Are Not Telling You Cypress will share how their IT organization delivered the best operational performance in a decade by taking advantage of the following three key "secrets."

Ray Solnik, president of Appnomic Systems, Cypress' outsourcing partner, (formerly president of AT&T WorldNet and OpSource -- acquired by Dimension Data) will also be on hand to share how "technology enabled" RIMS (Remote Infrastructure Managed Service) brought powerful results to Cypress and how attendees can do the same in their outsourcing engagements.

Attendees will be gain first-hand knowledge about the following three keys to success and be able to go back to work with real-world strategies to raise the bar on their outsourcing programs:

1. Learn how to make the most out of price decline drivers or price reductions. Contracts signed as recently as 2 years ago are likely out of date.

2. Hear specific strategies behind labor automation through advances in software and platforms that are actually attainable and sustainable by companies like Cypress.

3. Access the latest dynamics behind single source versus multi-vendor solutions and how you need to make these decisions.

Discover how you can achieve impressive gains in productivity, quality service delivery, and innovation in your IT outsourcing engagements through RIMS.

WHEN
Thursday, June 26, 2014 12:00 PM - 1:00 PM EDT

WHERE
To participate in the webcast, please register.

About Appnomic
Appnomic Systems provides innovative analytics software and services that simplify the complexities of managing IT. The company's solutions provide enterprise IT Application Operations (AppOps), DevOps teams, and online companies with the ability to prevent IT application performance incidents like slowness and down time. Appnomic technology also enables users to gear up and gear down application speed based on end-user experience and business goals. The company specializes in serving businesses with high transaction volume operations - such as banks, large online businesses, and manufacturers.

Appnomic solutions include AppsOne IT operations analytics (ITOA) software, OpsOne data center automation software, and a technology-enabled remote infrastructure managed services called RIMS+ where Appnomic operates as an extension of client IT organizations managing Appnomic software solutions and client IT operations.

Appnomic has customers around the world including top banks and e-commerce portals. The company's global headquarters are in Bangalore, India, and North America headquarters are in Sunnyvale, CA. Appnomic Systems is backed by Norwest Venture Partners. For more information please visit the company's website at www.appnomic.com.

About Cypress
Cypress delivers high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and exceptional system value. Cypress offerings include the flagship PSoC® programmable system-on-chip families and derivatives such as PowerPSoC® solutions for high-voltage and LED lighting applications, CapSense® touch sensing and TrueTouch® solutions for touchscreens. Cypress is the world leader in USB controllers, including the high-performance West Bridge® solution that enhances connectivity and performance in multimedia handsets. Cypress is also a leader in high-performance memories and programmable timing devices. Cypress serves numerous markets including consumer, mobile handsets, computation, data communications, automotive, industrial and military. Cypress trades on the NASDAQ Global Select Market under the ticker symbol CY. Visit Cypress online at www.cypress.com.