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Craig P. Butler Appointed Head of Global Human Resources for SemanticSpace

Butler Added to Executive Team to Oversee All HR Functions for Prolifics, Arsin and SST Divisions

HYDERABAD, INDIA -- (Marketwire) -- 10/04/12 -- SemanticSpace, a global IT solutions provider, today announced that Craig P. Butler has been named to the Executive Team as Head of Global Human Resources. Butler will be responsible for human resources, recruiting and training functions across all corporate divisions, Prolifics, Arsin and SST, and will report to Sam Ourfalian, President of SemanticSpace. As part of its strategic plan, the company will be expanding its services worldwide and is poised for tremendous growth over the next few years.

"As part of our Executive Team, Craig will be accountable for overseeing both strategic and day-to-day HR operations activity," stated Sam Ourfalian, President of SemanticSpace. "With Craig's experience and leadership we expect our ability to serve our growing employee base to increase significantly. We're very excited to have Craig join us and I'm looking forward to his contribution to our future success."

Craig P. Butler recently worked at PennyMac (Private National Mortgage Acceptance Company, LLC) where he was the Director of Human Resources and helped the company grow 6-fold in 3 years. Prior to PennyMac, Craig led HR for the 4,500 person Wholesale Lending Division of Countrywide Home Loans. Craig has an MBA in International Finance from the University of Southern California and a Bachelor's degree from Occidental College.

"I am looking forward to joining an organization with such a rich history and strong reputation servicing their customers," said Butler. "My goal is to help build a dynamic work environment for all of the employees across this growing enterprise."

About SemanticSpace -
SemanticSpace is a global IT services company providing focused and specialized application development, testing, application maintenance and outsourcing services. Comprised of three key brands for its IBM, Microsoft and Testing Divisions -- Prolifics, SST and Arsin respectively -- SemanticSpace has over 30 years experience and a strong global presence across the US, Europe and Asia. Providing end-to-end services across the entire software development lifecycle, SemanticSpace helps organizations decrease risk in complex software development and deployment investments, improve time to market and increase success of business strategy execution through project management and oversight.

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