Very positive development, and a deserved bump in the share price as a result.  Are my fellow posters/readers emptying their piggy-banks this morning? 

The ideal would be sales or other form of revenue so that no (or minimal) additional money necessary.  However, it would not surprise me to see the company raise some funds, taking advantage of this bump in price.  Far better to actually announce a deal, then do it.  I really am pleased at this hire, but always on the lookout for opportunities to raise money.

Also, Suresh's current popularity in the Far East is very encouraging.  Things are very much moving in the right direction, just prove the product!