Cambridge Technology Partners Announces Expansion Into Australia.CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sept. 29, 1997-- Continues Expansion with Office Opening in Melbourne, Australia Cambridge Technology Partners (Massachusetts) Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CATP CATP Cambridge Technologies (stock symbol) CATP Coverage Acceptance Test Plan CATP Committee of Adaptation to Technical Process )(Cambridge), a leading consulting and systems deployment firm, is continuing its global expansion with the recent opening of an office in Melbourne, Australia. The Melbourne opening follows Cambridge's initial foray into Verb 1. foray into - enter someone else's territory and take spoils; "The pirates raided the coastal villages regularly" raid encroach upon, intrude on, obtrude upon, invade - to intrude upon, infringe, encroach on, violate; "This new colleague invades my the Asian Region with the opening of its Tokyo, Japan, office in June 1997 and brings to 38 the number of Cambridge offices worldwide. "For Cambridge to be a truly international company, it is essential that we have a strong presence in the Asia Pacific region. Our entrance into Australia expands our presence in this market and deepens our commitment there," said James K. Sims, 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 Cambridge Technology Partners. "We expect to increase our operations in Australia in line with our continued global growth and to use Australia as
The Australian market represents a significant growth opportunity for Cambridge. International Data Corporation (IDC) estimates that Australian companies This is a list of companies from Australia. Many Australian companies have been taken over by foreign interests in recent years, so some of the formerly 'quintessentially Australian' brand names are in fact owned by American or Japanese mega corporations. spent nearly $2.9 billion ($US) on Information Technology Services during 1996 and that the market will surpass $5.3 billion by the year 2000. This rate of growth -- an average of nearly 17 percent annually -- marks Australia as one of the fastest growing IT services markets in the world. Australia is the second-largest information technology market in the Asian region, second only to Japan. "Australian business has always been keen to adopt new technology and methods to improve business," commented Sims, "and the Cambridge approach has been very well received so far." Cambridge will initially offer Australian clients its unique Rapid Application Deployment services, with an emphasis on Electronic Commerce and Interactive Media solutions. Cambridge brings its unique core values to the Australian marketplace with: - Its emphasis on speed, - Its commitment to fixed time/fixed price contracts, - Its willingness to transfer knowledge to its clients, - Its focus on achieving measurable business benefits. To support the anticipated demand for Electronic Commerce and Interactive Media business in Australia, Cambridge plans to establish a Centre of Excellence in Electronic Commerce and Interactive Media at its office in Melbourne. The Centre will focus on the research, design and development of interactive media solutions (e.g. electronic commerce) for platforms including Internet, Interactive Kiosk An Interactive kiosk is a computer terminal that provides information access via electronic methods. Interactive kiosks sometimes resemble telephone booths, but can also be used while sitting on a bench or chair. and Broadband broadband Term describing the radiation from a source that produces a broad, continuous spectrum of frequencies (contrasted with a laser, which produces a single frequency or very narrow range of frequencies). (Interactive Television). Timed to coincide with the opening of Cambridge Technology Partner's first Australian office, Peer Nielsen has been appointed to head the office. "I am delighted to be leading the Australian team," said Nielsen. "We have already been engaged by several clients, and the impact we have had on them has been very positive so far. On the strength of this experience, we expect to see a strong demand for Cambridge's services both in Melbourne and throughout the rest of Australia. Cambridge's unique culture, methodology, and service offering will, I feel sure, be very well accepted here." Nielsen joined Cambridge in 1995 and prior to this appointment led business groups in New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. and was responsible for Cambridge's successful entry into Canada. About Cambridge Technology Partners Cambridge Technology Partners is a new breed of consulting and systems integration firm. Since our founding in 1991, we have applied our unique core values to the consulting and application development markets to fundamentally reinvent re·in·vent tr.v. re·in·vent·ed, re·in·vent·ing, re·in·vents 1. To make over completely: "She reinvented Indian cooking to fit a Western kitchen and a Western larder" the way business and technology solutions are delivered. Working within a fixed time/fixed price model, our services span strategic consulting, process innovation, custom and package software deployment Software deployment is all of the activities that make a software system available for use. The general deployment process consists of several interrelated activities with possible transitions between them. (including ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. applications), networking and training to rapidly deliver end-to-end business systems that create immediate bottom-line impact for our clients. Cambridge has 38 offices and approximately 2,500 employees worldwide. -0- Cambridge on the Web: http://www.ctp.com CONTACT: Cambridge Technology Partners Carolyn Chaplin 0418 537 786 cchapl@ctp.com or Cambridge Technology Partners Elizabeth Brewer (617) 374-2097 ebrewe@ctp.com |
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