Analysts International Joins Forces with Majesco to Provide Global IT Services; Analysts International Forges Key Alliance with Offshore Firm.Business Editors/High-Tech Writers MINNEAPOLIS--(BUSINESS WIRE)--April 22, 2003 Analysts International (Nasdaq:ANLY), a diversified information technology services company, announced today it has formed a strategic alliance with Majesco Software, Inc., a leading offshore IT services provider. With the new relationship in place, Analysts International will offer innovative onshore / offshore capabilities to its strategic and mid-market clients. Analysts International plans to use the alliance to enhance and expand its 'client centric' approach to information technology solutions. Majesco resources will be used not only for offshore project solutions, but also for onsite project teams. Analysts International will be offering a new and different offshore delivery model to its clients, one in which onsite accountability and management of projects is combined with technical excellence and the economics of offshore development. "Our goal is to provide a more flexible offshore services model to better meet the needs of our clients, especially those in the mid-market, while still reducing costs," said Mike LaVelle, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Analysts International. "We chose Majesco for their twenty year track record of providing high quality offshore technology solutions as well as their ability to work with us to ensure we are meeting each client's unique needs rather than just re-packaging the standard offshore approach." "It's a flexible, high quality, lower cost solution, which simplifies the offshore decision," said Atul Vohra, President of Majesco Software, Inc. Mr. Vohra added, "Combining Analysts International's strong local customer relationships, built on a long legacy of outstanding service and Majesco's high quality global IT delivery capabilities, provides incredible business value to clients." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. industry sources, the offshore IT industry is expected to grow nearly 30 percent over the next two years. Fortune 500 firms have traditionally been the industry's primary client base. Now, with U.S. based companies, like Analysts International, who have long been providing services in the mid-market, the benefits of offshore from both a quality and cost perspective are available to medium and smaller firms. About Majesco Majesco Software Inc. is a subsidiary of Mastek Limited, a publicly held, global IT solutions company. Mastek has over 7000 person-years of experience, achieved through execution of more than 700 projects worldwide. The company employs over 1700 people worldwide and is ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001, SEI CMM SEI CMM Software Engineering Institute Capability Maturity Model Level 5 and P-CMM P-CMM People Capability Maturity Model (Software Engineering Institute) P-CMM Personnel Capability Maturity Model Level 3 assessed. Established in 1982, Mastek is today providing software solutions to Fortune 1000 companies. Forbes named Mastek one of its '200 Best Small Companies in the World' for 2002. For more information, visit http://www.majesco.com. About Analysts International Headquartered in Minneapolis, Analysts International is a diversified IT services company. In business for 37 years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time company has sales and customer support offices in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada. Lines of business include the Sequoia Services Group, which provides business solutions and network infrastructure services; Managed Services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality Group, which provides a comprehensive range of outsourced business functions; and IT Supplemental Resources, which provides high demand resources for supporting a client's IT staffing needs. Analysts International offers innovative and flexible approaches that are tailored to each client's unique business environment. The company's strategic partnerships with best-in-class IT organizations allow access to a wide range of expertise, resources and expansive geographical reach. For more information, visit http://www.analysts.com. Statements contained herein, which are not strictly historical fact, are forward-looking statements. Words such as "believes," "intends," "possible," "expects," "estimates," "anticipates," or "plans" and similar expressions are intended to identify forward-looking statements. Any forward-looking statements in this release are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such statements are based on the Company's current expectations relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc future revenues, earnings, results of operations and future sales or growth. The Company's actual results may vary materially from those projected due to certain risks and uncertainties such as the general state of the economy, volume of business activity, continued need for our services by current and prospective clients, client cancellations, the Company's ability to control and improve profit margins, including our ability to control operating costs operating costs npl → gastos mpl operacionales and hourly rates for our services, the availability and utilization of qualified technical personnel and other similar factors. For more information concerning risks and uncertainties to the Company's business refer to the discussion in the "Market Condition, Business Outlook and Risks to Our Business" section in the Company's Annual Report for the year ending December 31, 2001, which is hereby incorporated by reference and the Company's prior Annual Reports, 10-Ks, 10-Qs, other Securities and Exchange Commission filings and investor relations Investor relations The process by which the corporation communicates with its investors. materials. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion