Kranem names Squar Milner as auditor

Kranem Corp. (OTC: KRAN) said it has engaged Squar, Milner, Peterson, Miranda & Williamson, LLP (Squar Milner) as its independent public accounting firm, effective November 16, 2012, replacing De Joya Griffith & Company LLC (De Joya Griffith).

The company said it believes that the transition from De Joya Griffith to Squar Milner will be smooth and that Squar Milner will have adequate time to prepare for the company’s annual audit.

“We are very pleased to engage Squar Milner as our independent auditors,” said Kranem’s chairman and chief executive officer, Ajay Batheja. “In conjunction with the growth of company, we felt the timing was right to retain a “multi-services” accounting firm.”

The Kranem/Xalted Group is a leading global provider of Big Data Software and Security services to enterprises, law enforcement agencies and government agencies. The company is headquartered in San Jose, California, USA, with additional offices located in Mumbai, Delhi, Bengaluru, and Baddi, India and Rome, Italy. For more information, visit: www.xaltedcorp.com and/or www.kranem.com