He said investments from GE and Intel would help Amoeba to continue developing new products based on enhanced telephony specifications and standards, besides implementing global marketing initiatives. Mr Sriperumal said besides funding, both these firms would bring in a lot of technical expertise (around the Internet), computing platform and networking, besides facilitating a global network of businesses and resources. Amoeba was currently in the process of developing a suite of telecom mobile Internet products. The products were expected to be launched during the first week of December, he said. He said the company's products were targeted at the new generation telecom service providers, mobile Internet operators and Internet service providers. Amoeba's flagship product -- Convergence Traffic Analysis Platform -- performed real-time network traffic analysis by assisting service providers achieve quality performance. "We are an intelligent mining company aiming at becoming the standards expert in theconvergence industry, especially in h.323, WAP, MGCP, XML and Ipv6," Mr Sriperumal said.

Amoeba would set up offices in the US, Ireland or London by March next year, he said. The company's other expansion plans include introduction of mutlimedia products, service level management tools and Intelligent IP telephony solutions. The company would also develop mobile Internet and application services and products, Mr Perumal said. Mr Sriperumal said the company would have an employee stock option plan in place within a couple of months.