Pune: U.S. based GemStone Systems, a player in distributed data management and virtualization solutions has announced Meghadri Ghosh as the Director of Engineering for the company's India operations.

Ghosh will play a key role in developing new products and managing technology support for GemStone Systems. Makarand Gokhale, GM, Engineering and Technology Delivery, said "Ghosh is a veteran software engineering professional with broad technical expertise and experience in software development in U.S. as well as India. His software experience ranges from custom embedded systems, shrink wrap desktop software, to diverse heterogeneous network environments and distributed systems. Most recently he was involved with AskMe and the Distributed Computing Group at Stanford University."

"Today we at GemStone are experiencing traction for all of our product lines. Our markets are expanding in Europe, Far East, India along with U.S. To meet the growing demand we set up engineering organization across the globe and build a world-class product development and delivery team. Gosh will help us drive the technology initiatives for the India operations and meet the growing market demands for our technology across the globe." Gokhale added.

GemStone has also released GemFire 5.5 - the company's latest product developed in Pune. GemFire 5.5 has some features like security, continuous querying and durable client subscriptions. The GemFire 5.5 can now operate in a secure mode that prevents unauthorized clients from participating in a secure GemFire System or performing unauthorized operations.

GemStone has over 200 large enterprise customers in mission-critical environments in critical enterprise-wide deployments in industries such as financial services, the Federal Government transportation, logistics, telecommunications and energy. Some of the major customers of the company are JPMorgan Chase, Swiss National Bank, Merrill Lynch, Union Bank of Switzerland (UBS), Adventa Control Technologies, Cherniak Software Development, IBM Siemens Austria, and Texas Instruments.